BTC falls below the $112000 mark

[X Company Under Musk Accused of Antitrust Behavior] On August 29, software company Eliza Labs filed a lawsuit against X Company under Musk, accusing it of abusing its market dominance to obtain key technical information and launching a similar AI product after suspending Eliza's account. Eliza claims that X forced developers to pay high licensing fees, harming its customer relationships and restricting growth. The case has been filed in federal court in San Francisco, and neither party has responded to requests for comment.

[Federal Reserve Governor Waller Supports a 25 Basis Point Rate Cut in September] Federal Reserve Governor Waller expressed support for a 25 basis point rate cut at the September meeting and anticipates the possibility of further rate cuts in the next 3 to 6 months. He believes that unless the August employment report shows significant economic weakness and controlled inflation, a larger rate cut is unnecessary.

1. The US government releases GDP data on blockchain for the first time, covering nine major platforms 2. Guotai Junan International launches cryptocurrency trading services, supporting transactions in multiple currencies 3. Joint statement by the United States, Japan, and South Korea to address threats from North Korean IT personnel and risks associated with blockchain activities 4. The US CFTC will issue guidance to clarify the registration rules for foreign trading platforms 5. Trump threatens to impose tariffs on digital tax countries, Meta CEO has met with him 6. Bitcoin Protocol Portal raises $50 million in funding to drive the development of non custodial token exchanges 7. UN Secretary General Guterres reiterates support for the Russia Ukraine ceasefire and emphasizes diplomatic efforts 8. There is a significant inflow of funds on the ETH chain, and institutions are increasing their holdings and making large purchases again The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/482460

The current price is below the strong resistance range of 4602-4586.5, which is the concentration area of the three major chip peaks in recent times. The ratio of buying pressure to selling pressure is close to 1:1, indicating intense long short competition. The latest 90 minute cycle K-line closed with a cross star, and the combined trading volume shrank to 48% of the average level, indicating that the market is hesitant before the key resistance level. Technically speaking, EMA24 and EMA52 are in a bearish position, with prices running below their moving averages, confirming that the short-term downward trend has not changed. Combined with the operation below the MACD zero axis, further confirm the dominant pattern of the air side. Open membership immediately, obtain accurate resistance breakthrough probability analysis, and stay one step ahead to grasp trend turning points! The data is sourced from the PRO member's [ETH/USDT Binance USDT perpetual 90 minute] candlestick, for reference only, and does not constitute any investment advice.

[French Publicly Listed Company CBI is Raising $4.14 Million to Purchase More Bitcoin] According to a report by Jinse Finance, French publicly listed company Crypto Blockchain Industries (CBI) is raising $4.14 million to purchase more Bitcoin assets to support its financial strategy.