清莜

#新币挖矿 The price of Bitcoin has broken through the $70,000 mark in recent trading, setting a new record high again. This spectacular achievement not only consolidates Bitcoin's position as the leader of the cryptocurrency market, but also triggers widespread discussion about its future trend.

This wave of Bitcoin price increases can be attributed to multiple factors: global macroeconomic uncertainty has prompted investors to seek safe-haven assets, and Bitcoin, as "digital gold", has become the first choice for many investors; as more and more institutional investors enter the cryptocurrency market, the demand for Bitcoin continues to increase; technological innovation and network upgrades, such as the lightning network of the Bitcoin network, also provide support for the long-term growth of Bitcoin; the popularity of Bitcoin ETFs is also a positive factor that cannot be ignored.

In the long run, Bitcoin's fundamentals remain solid. With the continuous development of blockchain technology and the acceptance of digital currencies by more and more people and institutions, Bitcoin is expected to continue to maintain its market leadership. However, investors should also note that Bitcoin investment still faces regulatory risks, market volatility risks, and technical security risks.

As an emerging investment field, the cryptocurrency market has the characteristics of high risk and high return. Investors should make reasonable allocations based on their risk tolerance and investment goals, and avoid blindly following the trend and over-investment. $BTC $ETH $BNB

#新币挖矿 On the morning of May 21, Beijing time, the price of Bitcoin broke through the $70,000 mark for the first time in more than a month, rising 6% in 24 hours. Data shows that as of press time, the price of Bitcoin is temporarily reported at $70,638. As for the reasons for the rise in Bitcoin prices, market analysts generally believe that it is mainly affected by the surge in Ethereum prices and the newly approved spot Bitcoin ETF regaining favor with investors. In addition, the slowdown in US inflation in April strengthened the market's expectations that the Federal Reserve will cut interest rates as early as September, which also played a certain role in promoting Bitcoin prices.

The price of Bitcoin breaking through the $70,000 mark may have a multi-faceted impact on the cryptocurrency market. Here are some possible views:

- Market confidence improvement: The rise in Bitcoin prices may enhance investors' confidence in the cryptocurrency market, attract more funds to enter the market, and further promote the development of the market.

- Promote market growth: As the cryptocurrency with the largest market value, the rise in Bitcoin prices may drive up the prices of other cryptocurrencies, thereby driving the rise of the entire market.

- Increase market volatility: The cryptocurrency market itself has a high volatility. The sharp fluctuations in Bitcoin prices may increase market volatility and increase investors' risks.
- Attracting institutional investors: The rise in Bitcoin prices may attract more institutional investors to the cryptocurrency market, which may change the market structure and investment style.
- Increased regulatory pressure: The rise in Bitcoin prices may attract the attention of regulators and increase supervision of the cryptocurrency market, which may have a certain impact on the market.

It should be noted that the cryptocurrency market still faces many risks and challenges, such as uncertainty in regulatory policies, technical security risks, market manipulation, etc. Therefore, when participating in cryptocurrency market investment, investors should remain calm, fully understand market risks, and make rational decisions based on their risk tolerance. $BTC $ETH $BNB

#新币挖矿 The price of Bitcoin has rebounded strongly recently, breaking through the $70,000 mark at one point. Many institutions are optimistic about the price of Bitcoin in 2024, with the median forecast being above $80,000 and the average price slightly above $87,000. The main reasons for this price increase include the surge in Ethereum prices, the newly approved spot Bitcoin ETF regaining favor with investors, the US CPI rose 3.4% year-on-year in April, and the slowdown in inflation strengthened the market's expectations for the Fed to cut interest rates. However, investors need to remain sober, as the digital currency market is highly volatile and uncertain. $BTC $ETH $BNB

#新币挖矿 Foreign media: Do Kwon met with the Prime Minister of Montenegro before his arrest, and the two may have reached a deal. Terraform co-founder Do Kwon and former executive Han Chang-joon not only bought a luxury apartment in Belgrade, the capital of Serbia, before going to Montenegro, but they may have met with Montenegrin Prime Minister Milojko Spajic at some point before their arrest. Dritan Abazovic, former Prime Minister of Montenegro and current MP, said that the two may not only be associating with the Serbian elite and evading law enforcement agencies, but also have a bigger plot. Abazovic claimed that a source told him that Do Kwon and the country's Prime Minister Milojko Spajic met at Topaloviceva 4 in Belgrade, and Spajic may have reached a deal with Do Kwon to buy millions of dollars worth of Terra/Luna tokens for a Bulgarian-registered, Singapore-based hedge fund called DasCapital. Spajic was able to buy the tokens for 10 cents and sell them for $118, although there is no evidence to support this claim. It is worth noting that Spajic did work at Das Capital, but it is unclear when he last helped the company trade and whether the hedge fund is involved in cryptocurrencies. $BTC $ETH $BNB

#新币挖矿 Former U.S. House Speaker Pelosi may support crypto bill FIT21 Sources revealed that former U.S. House Speaker Nancy Pelosi is considering supporting a Republican-backed cryptocurrency bill, the 21st Century Financial Innovation and Technology Act (FIT 21), when the House votes this week. Pelosi is no longer the leader of the Democratic Party, but her views still carry weight among House Democrats. She also remains one of the most prolific fundraisers in the Democratic Party, and the cryptocurrency industry has provided a large amount of campaign funds in the past two election cycles. If Pelosi supports the bill, she will go against the ranking Democrat on the Financial Services Committee, Rep. Maxine Waters (D-CA), and Brad Sherman, another senior member of Pelosi's California delegation. They all oppose FIT21. In the communication to House Democrats, the leadership did not indicate that it would force a vote on the bill, only that Waters and other senior members "strongly" opposed the bill. Currently, the bill is scheduled for full discussion and voting later on Wednesday. $BTC $ETH $BNB

#新币挖矿 Bybit Financial Product Director Hao Yang: The market still underestimates the potential of Ethereum Regarding the "US SEC requires ETH spot ETF applicants to update telegram materials and Ethereum becomes a market hotspot", Bybit Financial Product Director Hao Yang said that even if the SEC delays or rejects this batch of applications (the first deadline is May 23), the ETH spot ETF will eventually be approved. Judging from BlackRock's application alone, regulators may make certain concessions to Wall Street giants, rather than repeating the mistakes of the BTC spot ETF "court battle". Because the ETH futures ETF was approved as early as 2021, there is no reason for the spot ETF to be rejected. In addition, in terms of politics, most young voters tend to support a more cryptocurrency-friendly regulatory environment. HaoYang further stated, "ETH is still the most decentralized, tested and technically outstanding work ever. I hope that Ethereum can be properly valued, especially considering that the Ethereum blockchain is expected to generate more than $4 billion in revenue this year, driven by the rising demand for NFTs and decentralized financial services. In contrast, Ethereum and Solana show different usage scenarios: Solana is chosen by more retail investors for high-speed, low-cost transactions, while institutional investors still choose to use large-scale. ETH is the first choice for financial giants, institutional funds and art collectors. But the two can prosper together." $BTC $ETH $BNB

People familiar with the matter: The SEC's internal opinions on the Ethereum spot ETF are inconsistent, which may indicate that its change of attitude is a political decision. People familiar with the matter said that on Monday, the U.S. SEC's trading and market division notified exchanges that they would approve 19b-4 this week, reversing their position two weeks ago. This person said that the issuer responsible for the S-1 contacted the SEC, but the reviewers in the SEC's corporate finance department seemed to disagree with the trading and market department. It is worth noting that the SEC's trading and market department is responsible for reviewing 19b-4 and the corporate finance department is responsible for reviewing S-1. A person familiar with the matter said that they have not even coordinated internally, which is why this is likely a political decision." Some sources speculated that the SEC's change of mind may be politically motivated as the election approaches. $BTC $ETH $BNB

My sister's analysis: Bitcoin may rise to at least $90,000 to $100,000 before it faces a new consolidation period. A cryptocurrency trader with the pseudonym "Roman" said in an interview that the current cryptocurrency market is in a "real bull market" with both fundamentals and technical aspects showing a positive trend. He analyzed that although the price of Bitcoin had fallen from its historical high of $73,738 to $58,000, this correction laid a solid foundation for future price increases. Roman specifically mentioned the "bullish reversal pattern" that appeared on the bitcoin price chart this week, believing that this is a strong signal that bitcoin is unlikely to enter a consolidation period before it exceeds at least the all-time high of $73,679 on March 12 and rises by 20%. He asserted that the price of bitcoin will rise to at least $90,000 to $100,000 before facing a new consolidation period or correction. I think the currency circle is now cutting Chinese leeks. Bitcoin has nothing to say except for the brainwashing of the pyramid scheme of "calling orders + making up stories". I can also use a pseudonym. I shouted that it can rise to 1 million. If it really rises, will the farmers tell the retail investors? They are eager for the retail investors to buy in at the highest point. $BNB $BTC $ETH What do you think of this?

Analysis: $ETH ETF has a huge inflow, and BTC may rise to $BTC $71500 today. Yesterday, the market fell slightly all the way, and there was no rise. The judgment was wrong. But considering the continuous huge inflow of ETFs, I judge that it is still a bull market. Policy direction At the same time, please pay close attention to the review of ETHETF, which is expected to have a significant impact on the market. Normally, this wave of rise is just the starting point and will take off. The validity period of this analysis is 1 day. The reference of buying and selling points: All analysis content is for reference only and does not constitute any investment advice. Please do not trade based on it. Long point: 68900 Long point: 68200 Long stop loss point: 67200 Long stop profit point: 71500
$BTC

BTC is approaching the key support of $69,805. Pay close attention to this cycle signal! According to the 45-minute custom cycle signal, BTC was supported near the EMA52 moving average this morning. Currently, this moving average forms a strong support with the chip peak of $69,805. The current price is approaching. If the support takes effect, BTC may rebound. However, it is worth noting that the 45-minute cycle strategy developed by the editor sends a bearish signal, and the MACD yellow and white lines converge below the zero axis. If the dead cross and diverge downward, you need to be alert to the risk of price decline. Chip support: $69805 (key), $68,160 Chip pressure: $71300 (yesterday's support level, but failed to stand firm and has turned into a pressure level)
Short-term bearish $BTC #新币挖矿

Want to improve your trading performance? Click here to view my investment strategy and copy my portfolio with one click👇

Red envelopes for everyone.
1. Open Binance, click on the red envelope on the home page, enter the password to receive it, password BP44BWY4SI
2. Open the link to receive it, https://safu.im/SMbVQ6zi
3. Scan the QR code in the APP to receive it, large red envelopes, everyone should try their luck, first come first served
2024 I wish you all: good health, good luck! Make a fortune!

BTC short positions were cleared, and the maximum liquidation price was $37,921.5. Please pay attention to the latest divergence signal from MACD. In the past 24 hours, BTC continued to rise, and a large number of short orders were liquidated. The maximum liquidation price was $37.921.5, and this price was worth nearly 1.66 million. Long positions in the U.S. dollar were liquidated. According to the usage of the liquidation chart, during the price rise, after a large number of short orders liquidate, the price is likely to reverse. Please pay attention to the risk of the market turning downward. In addition, BTC has a MACD top divergence signal (bearish signal) in the 45-minute custom period. The market may fall back in the short term. Data is for reference only
#BTC #币安合约锦标赛 #etf #USTC #etf

The world's largest cryptocurrency trading platform will soon undergo huge changes. Binance, the world’s largest cryptocurrency exchange by trading volume, is facing a major leadership transition that could have widespread ramifications. Teng Yanzu, an experienced regulator in the financial industry, took over as CEO after the company's founder Zheng Changpeng resigned. While some may see this as the end of an era, I see it as an opportunity to find stability and a new beginning. As the Binance platform continues to advance, Deng Qiang’s years of experience in complex regulation will bring advantages to Binance. It is expected that under his leadership, international oversight bodies will become more open and compliant. This is one of the strategic moves that shows City Security has not stopped growing. As the cryptocurrency industry evolves, leadership teams must also change. On the other hand, Mr. Teng is very optimistic that innovative products are being gradually launched. How will this leadership change impact the industry? What will Richard Deng do with Binance in the future? There is no doubt that their methodology will play a decisive role in how giants like Coinbase and FTX expand their product suites. This avant-garde era is a matter of great concern, as anticipated developments will soon follow. How do you feel about moving to Binance? How is Richard Dun’s leadership expected to impact leading cryptocurrency exchanges and markets? Different opinions are welcome in the following remarks.

Hot search list: BNB popularity rises, down 8.66% in 24H. The popularity ranking shows that BNB’s popular attention increased by 450,000 compared with yesterday, ranking first. The popularity ranking is as follows: BNB ($237.40, -8.66%) PYTH ($0.3444, -4.39%) 3 ORDI ($20.25, -4.21%) SKL ($0.0605, -7.35%) BLUR ($0.4234, 15.49%) BNB’s main funds have strong selling power, with a net outflow of $300 million in 24 hours, and a transaction volume of $5.397 billion in 24/hour, of which the main force has a net outflow. $97.117 million.

Binance founder CZ issues $175 million in bonds.

Hot search list: ORDI's popularity remains high, falling 5.42% in 24H. The popularity ranking shows that ORDI's popular attention is the same as yesterday, ranking first. The popularity ranking is as follows: DORDI ($23.03, -5.42%) TIA ($7.20, 6.51%) MEME ( $0.0287, 7.09%) SOL ($61.28, 7.66%) DOGE ($0.0790, -6.62%) ORDI’s main funds have strong selling power, with a net outflow of $22.7442 million in 24 hours xioshi. The transaction volume in 24 hours was $1.016 billion, of which the main net outflow was $304.72 million.

Taiwan's "Financial Supervisory Commission" plans to establish a "virtual asset management platform", and the relevant draft has been submitted for first reading. According to Taiwan media udn, Taiwan's top financial affairs regulatory agency, the "Financial Supervisory Commission" will have major reforms, and the office of "Legislator" Jiang Yongchang has already "Draft of the Organic Law of the Virtual Assets Bureau of the Supervisory and Management Commission" was jointly approved and submitted for first reading. It is proposed to amend the relevant provisions of the Organic Law of the Financial Supervisory Commission. The content is that in addition to the original Banking Bureau, Securities and Futures Bureau, Insurance Bureau and Inspection Bureau under the Financial Supervisory Commission, A new Virtual Asset Bureau will be added, which will be responsible for the supervision of virtual asset operators' business and customer protection matters: performing financial inspections of virtual asset operators, supervising internal audit and internal control matters, etc. $BTC #ETH