Odaily Planet Daily News: Cathie Wood, CEO of ARK Invest, stated in an article on X platform that the net assets of Bitcoin holders are mostly concentrated in cryptocurrency, making it difficult for them to obtain mortgage loans for a long time. She stated that she is not surprised if these holders transfer a portion of their Bitcoin to Coinbase as collateral to purchase previously unaffordable new homes.
Odaily Planet Daily News: According to on chain data, the on chain leveraged trading protocol LeverFi has issued approximately 13.7 billion LEVER tokens, some of which have been recharged to the Bybit exchange. There is currently no official explanation available. Previously, Binance announced that it will take down LEVER on July 4th.
1. Musk claims Trump law case will harm US economy
2. BitMart submits cryptocurrency license application to Hong Kong Securities and Futures Commission
3. Bitcoin Treasury Corp increases its holdings of Bitcoin and plans to provide loans
4. ZachXBT reveals 1.67 million USDC have been transferred to the Tornado Cash mixer
5. Asset management company Calamos will launch three downward protected Bitcoin ETFs
6. Stratis launches enterprise blockchain solution StraxTegic service
7. The new version of Ethereum client Geth significantly reduces storage space
8. Arthur Hayes cashed out over a million dollars in a short period of time
The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/468975
The current price is hovering around 2435.5, facing a chip intensive support zone (2417-2435.5), where the trading volume accounts for 6.8%, indicating that bulls have a strong defensive willingness in this area. However, the latest 2-hour cycle K-line has closed with a cross star, coupled with the KDJ death cross signal, indicating that short-term action can weaken and the risk of pullback increases.
The trading volume continues to shrink, with an average decline of 16.17% in the past 10 cycles. The low market activity further confirms the current weak rebound. If the price falls below the support of 2417 or accelerates to the low point of 2412.
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The data is sourced from the PRO member's [ETH/USDT Binance USDT perpetual 2-hour] candlestick, for reference only, and does not constitute any investment advice.
