Grayscale has included XRP in its digital large-cap fund.
Nebraska has proposed a bill supporting the rights of Bitcoin users.
Paradigm's address deposited 6500 ETH into Coinbase 2 hours ago.
The market value of BUSD has dropped below the $1 billion mark, currently at $924 million.
An address starting with bc1g9 sent 26.9 BTC to Satoshi Nakamoto's address 8 hours ago.
VanEck has submitted a revised 19b-4 file, and currently, all 11 applicant merchants have submitted.
LFG: The first round of airdrop collection has ended, with a total of 62,950 addresses receiving a total of 107.9 billion LFG tokens.
The non-profit organization Better Markets has once again written to the US SEC to oppose the approval of a Bitcoin spot ETF.
Paxos has released the December transparency report for PYUSD: the total outstanding token amount exceeds $264 million, with a month-on-month growth of approximately 68.7%.
Market Analysis
In yesterday's article, it was mentioned that the bullish rebound has entered a state of exhaustion, and a rebound means a short. The bulls struggled again yesterday and were once again pushed back after reaching 44300, indicating that the bulls have entered the countdown stage. Those who entered short positions yesterday should continue to hold.
Looking at the four-hour chart, the overall situation is currently in a box oscillation. Although there was a false breakthrough at 45900 earlier, it quickly retraced. And now, after testing the high for two days without continuing to surge, it further indicates that the bulls have entered a state of exhaustion. Those with short positions should continue to hold, even if it's a small position, there should be a short position on hand. Selling high is that simple. For those who didn't get on board yesterday, they can still continue to enter short positions near 43600-43800, with a stop loss at 44400. The targets remain at 42000/40500/39200. Although today is the weekend, there are signs of market activation. After failing to surge in the morning, the market has been on a continuous decline, and a continuous decline is a frightening thing. It will only end if there is a situation of heavy volume.
Technology is the method, and the trend is the king. Let the leader of the coin circle take you soaring in the sea of coins.
Be cautious when entering the market, as there are risks involved.
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