BTC falls below the $94000 mark

Odaily Planet Daily reported that as of April 30, 2025, a total of $31.2 trillion in capital from major wealth management platforms in the United States is still prohibited or restricted from investing in Bitcoin ETFs. This includes institutions that are completely prohibited from investing (such as Vanguard), as well as platforms that have restrictions on account types, net worth, disclosure exemptions, and so on. In contrast, platforms such as Charles Schwab, Fidelity, and Wells Fargo have opened up full access to Bitcoin ETFs. The American Wealth Platform is a platform or company that provides investment advice, asset allocation, wealth management services, and financial products to high net worth individuals, families, or institutions. （Cointelegraph）

Great to see Kraken listing BNB Chain projects now. 🙏👍🔥

The Crypto Industry Alliance calls on the US SEC to provide clear principled guidance on staking activities. The Cryptocurrency Innovation Committee (CCI) has requested in an open letter that the SEC clarify that staking is not an investment activity and recommends consistency with the SEC's previous positions on mining, stablecoins, and Meme coins. The alliance is supported by companies such as Consensys, Kraken, Ava Labs, and Galaxy, emphasizing that staking is a technical mechanism used to protect blockchain networks, rather than an investment solution. During the staking process, users participate in verification transactions and protect the network by locking tokens, in order to receive rewards. The alliance urges the SEC to issue a statement clarifying that staking and related services are not within the scope of securities regulation, and to propose industry standards for staking services to ensure transparency and user control. The letter from the Crypto Innovation Committee also proposes a framework for pledge service providers, including user disclosure, transparency in reward allocation, and user control over pledged assets.

The current price is around 1800, and membership indicators show a clear accumulation of chips in this range, indicating fierce long short competition. Considering that the recent support level has only deviated by 0.26% and the resistance level is close to the current price, it indicates that the price may continue to rise after consolidating around 1800 in the short term. From the K-line pattern, the appearance of the red three soldiers in the 4-hour cycle confirms a strong bullish signal. At the same time, the EMA24 and EMA52 moving averages are in a long position, further confirming the medium to long term upward trend. Open a membership, obtain exclusive chip distribution data, and accurately grasp support and resistance! Master the distribution of chips and lock in trend turning points in advance! The data is sourced from the PRO member's [ETH/USDT Binance USDT perpetual 4-hour] K-line, for reference only, and does not constitute any investment advice.

According to AiCoin monitoring, the net outflow of US spot BTC ETF reached $56.3 million yesterday, the highest daily net outflow since April 22. Among them, FBTC had the largest outflow of funds, reaching 138 million US dollars; Next is ARKB, with an outflow of $131 million. According to the "Spot BTC ETF Tracking" real-time trading strategy developed by AiCoin, there is a significant positive correlation between the inflow of ETF funds and BTC prices. Subscription indicators can be used to automatically place orders based on the flow of funds in the program. Data for reference only