According to Businesswire, Nakamoto Chairman and CEO David Bailey invested nearly $1 million between May 26th and 28th to increase his holdings of 191400 shares of the company's common stock. Nakamoto disclosed that it holds over 5000 BTC on its balance sheet, and currently David Bailey holds approximately 18.25% of the company's outstanding common stock.
Click on the link to enter the meeting: https://meeting.tencent.com/p/5551765098 Many cryptocurrency traders have recently had the same intuitive feeling that the overall market is in a stalemate, with Bitcoin and Ethereum experiencing long-term horizontal consolidation. After each small rise, they quickly fall back, and the washing action is repeated, but they have not been able to emerge from a sustained upward trend. Many beginners and long-time players are wondering what kind of news catalyst the market needs to receive in order to initiate a strong trend rebound after BTC and ETH stabilize in the lower range, and how much off exchange funds need to enter the market to leverage the market? Many people are looking forward to a decent rebound market. Based on the patterns of past bull markets and intermediate rebounds, a sustainable upward trend requires two essential conditions: a core narrative that can unify market expectations and a continuous influx of incremental capital. On the other hand, the entire cryptocurrency market is currently stuck in a subject matter gap period. Previously, the logic that could drive the overall market to strengthen, such as the expected halving of Bitcoin, the upgrade of the Ethereum network, the release of loose regulatory signals from various countries, and the landing of compliance products from large institutions, has not made any new progress. The benefits brought by the upgrade of Ethereum have already been digested by the market in advance, and the inflow of ETF funds has slowed down. In the short term, there is no heavy regulatory policy to be implemented, and there is no consensus in the entire market that can gather funds. Naturally, it is difficult to achieve sustained upward momentum. BTC Successfully rebounded from 73500 to 74000 within four hours and also emerged from the rebound pattern. Pay attention to the support of 73700 at the bottom during the day. This position is a four hour long short support, and if it does not fall below this position, the market will continue to rebound. The target pressure of 74300 is to break through and look around 75500-76000. If the market falls for four hours today and the closing line is confirmed to break 73700, short orders can go ahead. If there are long orders in the short term, the four hour rebound is over. Pay attention to the three supports of 72500-71500-70500 at the bottom, and try to insert long orders at these positions. ETH Auntie Tai has also emerged from a rebound pattern within four hours. Pay attention to the support level below in 2020, which is a four hour long short support. If the price does not fall below this level, the market will continue to rebound. The target pressure is to break through at 2045 and look around 2063-2095. Short orders in this range can be tried to rise. If the market falls today and the four hour closing line is confirmed to break, short-term long orders in 2020 can go ahead. The four hour rebound has ended. Pay attention to the three supports below, 1980-1940-1907, and try to insert multiple orders in these positions. SOL The trend patterns of SOL are similar, all showing a rebound pattern after four hours. Pay attention to the support level of 82.5 for retracement during the day. This position is a four hour long short support, and if it does not fall below this level, the market will continue to rebound. The target pressure is to break through at around 86-88, and short orders in this range can be tried to rise. If the market falls for four hours and the closing line is confirmed to break at 82.5, short-term long orders can go first. The four hour rebound is over. Pay attention to the support levels of 81-80-78 below, and try to insert multiple orders in these positions. BNB BNB has broken through the sky and surged high, with good news. It has directly broken through the pressure of 680-690. Currently, there is no sign of a decline in the small level. The support for the small level below first looks at the 727 position, and only when it falls below this position will the small level begin to decline. The support for the pullback below is at 705-695-686. Before falling below 727, the small level is in a bullish form, and the pressure for the high level above looks around 780-785. Weimai Circle Group Number: 63203578039 Tencent Meeting Live Number: 5551765098 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.
Token Unlocks data shows that SUI, EIGEN, OPN and other tokens will receive large unlocking next week. Sui (SUI) will unlock approximately 14.36 million pieces worth approximately 13.1 million US dollars at 8:00 am (UTC+8) on June 1st; EigenCloud (EIGEN) will unlock approximately 36.82 million coins worth approximately $7.8 million on June 1st at 12:00 (UTC+8); Opinion (OPN) will unlock approximately 32.09 million pieces worth approximately $4.4 million on June 5th at 20:00 (UTC+8); RedStone (RED) will unlock approximately 40.85 million coins on June 7th at 00:00 (UTC+8).
JPMorgan CEO Jamie Damon warns that the CLARITY Act, which allows stablecoin issuers to offer a revenue model similar to bank deposit interest, could ultimately explode. He stated that the banking industry would not accept this arrangement and stated that he would not participate in it. The CLARITY Act aims to clarify the regulatory framework for the US cryptocurrency industry, and the Trump administration plans to push for its passage by July 4th. Polymarket data shows that the probability of the bill passing within 2026 has dropped from nearly 70% to slightly over 50%.
According to Businesswire, Nakamoto Chairman and CEO David Bailey invested nearly $1 million between May 26th and 28th to increase his holdings of 191400 shares of the company's common stock. Nakamoto disclosed that it holds over 5000 BTC on its balance sheet, and currently David Bailey holds approximately 18.25% of the company's outstanding common stock.
According to CME's "Federal Reserve Watch" data, the probability of the Federal Reserve keeping interest rates unchanged until December is 51.8%, and the probability of a cumulative 25 basis point rate cut is 0.2%. The probability of interest rate hikes within the year has decreased to 48%, with a cumulative probability of a 25 basis point hike of 37.9%, a cumulative probability of a 50 basis point hike of 9.2%, and a cumulative probability of a 75 basis point hike of 0.9%.