[Bitcoin OG Sells 22,769 BTC and Switches to Ethereum] According to Lookonchain monitoring, a Bitcoin OG who held over 100,000 BTC seven years ago recently sold approximately 22,769 BTC (worth $2.59 billion) and instead purchased 472,920 ETH spot (worth $2.22 billion), while also establishing a long position of 135,265 ETH (worth $577 million).
Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/5658778060 Course 1: Correct Practical Application Techniques of Trend Lines Top and Bottom Signals Course 2: There is a model that can achieve stable profitability called "fixed" Course 3: Ethereum+Small Currency/Short term Opportunity Capture ETH technical trend viewpoint: On Wednesday, the Ethereum market launched a strong bullish counterattack after receiving support at 4060; A large bullish candlestick with a 6.4% increase was closed, forming a standard chart level bullish swallowing combination with the strong bearish candlestick on Tuesday, with one bearish and one bullish. The technical aspect of the bullish candlestick retraced from the current high of 4794 by $734 and officially ended the retracement; At the same time, our previous drawdown target of 4100-4000 also basically met expectations; The next market trend will once again test the upward pressure of 4794 without breaking through the previous high; In the coming period, the price will remain at a high level and fall within the range of $734 around 4794-4060; Once a strong breakthrough is made, it is reasonable to expect bulls to attack the historical high of 4877 or even break through 5000. In terms of operation, a bullish signal has been issued as the daily chart has stopped falling; It is advisable to lightly position and focus on long targets, with a defensive reference of 4600-4700 and below 4060; The suggestion for bearish thinking is to stay on the sidelines! Tips; The stage of bullish pullback in the general direction; Short term downside space is insufficient, and bears are waiting and watching; Welcome to share your suggestions! Short term trading opportunities within the day? Looking for specific locations? We will also share in the live broadcast room how to find opportunities for both long and short positions to enter; Welcome to the Tencent Meeting live broadcast room to discuss and exchange with teachers for more details on currency operations and trading issues! Recommended ideas [multiple] Today's focus is on support resistance/ETH resistance 4350-4400/support 4100-4200 For more details, welcome to the live broadcast room for discussion, learning, and exchange! Tencent Meeting ID: 565-877-8060 Five live broadcasts per day start time: from 3:30 pm to 2:30 pm without interruption/from 8:00 am to 3:30 pm for the previous day's recorded playback QQ group number: 959096632 QQ group link: https://qm.qq.com/q/IJJokCG48K Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
[Arrive AI Announces Consideration of Holding Bitcoin as Cash Reserve] According to Golden Finance, Arrive AI has announced that it will consider holding Bitcoin as a cash reserve and establish a Bitcoin-denominated 'market-following' financing plan to facilitate fundraising.
[Taylor Thomson, Heir to Thomson Reuters, Loses $80 Million in Crypto Assets Due to Psychic's Advice] Taylor Thomson, heir to the Thomson Reuters family, lost over $80 million in cryptocurrency investments after following advice from a psychic. Reportedly, Thomson, with the assistance of former close friend Ashley Richardson, invested over $140 million in crypto assets during the 2021 bull market, with funds distributed across multiple wallets. The two had previously sought investment advice from a psychic, after which Richardson became deeply involved in asset management. The crypto market downturn in 2022 led to a significant shrinkage in the investment portfolio. Consulting firm Guidepost Solutions accused Richardson of executing over 450,000 unauthorized transactions and employing high-risk strategies, resulting in Thomson's substantial losses. Richardson denied the allegations, claiming all actions were based on Thomson's instructions and that there was no formal contract between them. Thomson filed a lawsuit against Richardson and related company Persistence in 2023. While a settlement has been reached with Persistence, the lawsuit against Richardson is still ongoing.
[Bank of America Lobbies to Block Stablecoin Interest Payments] According to Reuters, Bank of America is pushing for amendments to stablecoin regulatory rules, expressing concerns that related provisions could lead to capital outflows. Banking lobby groups have warned lawmakers that regulatory loopholes might allow crypto platforms to indirectly pay interest to stablecoin holders. The 'Genius Act' has already prohibited stablecoin issuers from paying interest but allows banks to issue stablecoins.
OKX - HYPE's current price is $45.44, with a 3.74% increase over 24 hours. 24-hour transaction volume of 700 million US dollars, up 83.42%, for reference only