Tim Scott: Clarity Act brings a more transparent system to cryptocurrency
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U. Senator Tim Scott stated that the Clarity Act will bring Bitcoin and cryptocurrency into a more secure, fair, and transparent system. （Bitcoin Archive）
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U. Senator Tim Scott stated that the Clarity Act will bring Bitcoin and cryptocurrency into a more secure, fair, and transparent system. （Bitcoin Archive）
Click on the link to enter the meeting: https://meeting.tencent.com/dm/cUXexTqqrxgp Hello everyone, I am Cannon Teacher. The latest market trend on June 8th has changed, and yesterday the cryptocurrency market rebounded in a retaliatory manner across the board. BTC has pulled back from its lowest point of 59101 and reached a high of $64231 today. It is currently consolidating around $63000 and has risen 4.41% in 24 hours. The 64200-64500 area (today's high point+early chip intensive area), if effectively broken through and stabilized, the rebound space opens up to 66000-67000. 【 Bottom support 】 62000-62500 (rebound area), if the rebound cannot be broken, the rebound structure is healthy. The daily chart of ETH closed at a long bullish line yesterday, covering most of the non farm night's decline. However, attention should be paid to the 4-hour level: after reaching 1716 in early trading today, there has been a slight decline, indicating that the selling pressure above is still present. 【 Upper pressure 】 1720-1750 area (lower edge of the horizontal platform in the early stage), break through and see 1800-1820. 【 Bottom support 】 1650-1670 (4-hour MA25 support zone), if it falls below, the rebound structure will weaken. Key level: If BTC does not break through 62000, and ETH remains above 1700, it is expected to launch a test towards 1750. The CPI data for June 10th (the day after tomorrow) is about to be released, which is the biggest catalyst for this week - if the data exceeds expectations, the expectation of interest rate hikes may strengthen and the rebound may fail; If the interest rate is lower than expected, the expectation of interest rate cuts will increase and the rebound is expected to continue. See you tonight at 10 o'clock. Let's talk about the market position, don't chase high, don't panic, and wait for the structure to be confirmed before taking action. Tencent Meeting: 75633825420 QQ group: 1105107912 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.
Decentralized derivatives platform Felix announced that due to the suspension of stablecoin USDH, Felix DEX based on HIP-3 and all operating markets will gradually close from June 19th and complete liquidation on June 20th. The platform reminds traders to close their positions before this, and each market will settle every hour in order. Community member Shaunda Devens stated that Felix was the first HIP-3 deployer to shut down, while other deployers faced similar challenges due to lack of attractive returns. Hyperliquid community member aaalex.hl pointed out that Felix's suspension is mainly related to the USDH suspension, rather than the market share squeeze of TradeXYZ. Shaunda Devens responded that Felix chose to close DEX instead of launching USDC trading pairs, and other deployers could only turn to segmented markets due to the dominance of TradeXYZ in the market, making it difficult to cover auction costs and the opportunity cost of pledging 500000 HYPEs. Hyperion is reclaiming the HYPE leased to Felix and plans to reallocate funds towards a higher return strategy.
[Jensen Huang: AI Stock Prices Are Low, with Significant Room for Future Growth] According to AAStocks, NVIDIA CEO Jensen Huang stated in Seoul, South Korea, on June 8 that the prices of AI-related stocks are very low, and shareholders should feel pleased, as there may be even greater room for growth in the future. He mentioned that the demand for AI will continue to grow and has already become a core global infrastructure. NVIDIA has reached a cooperation agreement of over two years with SK Hynix, under which NVIDIA chips will be produced at SK Hynix's wafer fabs and applied to SK Telecom's AI business. NVIDIA currently procures approximately $2 billion worth of products annually from SK Hynix, and the procurement scale is expected to grow significantly in the future.
EDGE Markets announced the completion of a $292 million Series A funding round led by CoinFund, with participation from Indicator Ventures, Mantis VC, StepStone Group, and Bullpen Capital. The funds will be used to launch the high-throughput fund account product EDGE Pro, which supports real-time fund deposits and withdrawals to exchanges regulated by CFTC and improves the efficiency of institutional fund utilization. The company is applying for NFA broker and futures commission merchant licenses.
[Philadelphia Semiconductor Index Opens Up Over 5%] Philadelphia Semiconductor Index opens up over 5%, led by Intel. Micron Technology rises 9.6%, ASML gains 5.1%, and Applied Materials increases 5%.