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AuspiciousSnowHeralds
· 2025-06-21 05:11
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AuspiciousSnowHeralds
· 2025-06-21 03:56
Yesterday, Spot ETF net inflow was 6.4 million USD!
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AuspiciousSnowHeralds
· 2025-06-21 03:55
Yesterday, the smart money that built a position of 10 million USD in ETH closed all positions at the peak, and 6 hours ago, it bought the dip, acquiring 4153.84 ETH.
According to on-chain analyst Ai姨(@ai_9684xtpa), 18 hours ago, the Whale that built a position of 10 million USD in ETH decisively closed all positions, selling 3983 ETH at a price of 2535.88 USD, with a cost of 2510.67 USD, realizing a profit of 100,000 USD.
6 hours ago, this smart money bought again at the rebound point at an average price of 2419.48 USD for 4153.84 ETH, currently with unrealized gains of 30,000 USD.
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AuspiciousSnowHeralds
· 2025-06-21 03:53
Trump has demanded twice in a row that Powell must cut interest rates.
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AuspiciousSnowHeralds
· 2025-06-21 03:52
The U.S. Secretary of Commerce urges Powell to cut interest rates: The U.S. is forced to bear the highest interest rates among first-class countries, which makes no sense.
U.S. Secretary of Commerce Gina Raimondo stated on the X platform that the U.S. is the greatest country in the world but has to endure the highest interest rates among all first-class countries. Our Federal Reserve Chairman is clearly afraid of his own shadow.
What is truly upsetting about Powell's remarks is that he claims tariffs have led to "price rises in some related categories of products, such as personal computers." You would think Powell should know that personal computers are tariff-free. They are not currently. Tariffs on semiconductors and computers will be announced after the Department of Commerce completes its analysis. These high interest rates make no sense.
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AuspiciousSnowHeralds
· 2025-06-21 02:10
Whales have bought 30,000 ETH worth 72.32 million USD in the past 8 hours during a swing trading profit. According to monitoring by Yu Jin, two whales/institutions made a profit of 30.45 million USD from swing trading with ETH and continued to buy the dip of 30,000 ETH in the last 8 hours after last night's fall. The whale transferred 58.91 million USDC to Wi and 24 million USDC to C after the drop. Then they withdrew 24,000 ETH from Wi and 6,000 ETH from C. Since the third swing trading of ETH started on June 11, they have accumulated a total expenditure of 297 million USDC to buy 115,400 ETH over 10 days, with an average price of around 2,574 USD, currently facing unrealized losses of 18.35 million USD.
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AuspiciousSnowHeralds
· 2025-06-21 01:56
Texas Governor Signs HB4488 Bill to Protect State Bitcoin Reserves as Permanent Fund
Texas Governor Greg Abbott has passed House Bill 4488 ( HB 4488 ), which aims to protect certain state government funds, including any Bitcoin reserves created outside the state treasury, from being included in general revenue. The bill exempts the reserve fund and other special funds from the obligation to automatically dissolve in 2025.
Governor Greg Abbott has not yet made a decision on Senate Bill 21 ( SB21 ). This bill would authorize Texas to invest in Bitcoin and other encryption assets with a market capitalization of at least $500 billion. Currently, only Bitcoin meets this threshold.
Greg Abbott must sign or veto SB21 before June 22, as the bill was submitted to him on June 1. Since the bill was submitted just before the end of the legislative session, Texas law requires him to take action within 20 days after the recess.
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