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#UNFI has returned to the resistance level of $4.8-$5.9.
The price should break out of the descending channel and trade above $6.660 level to start another uptrend.
If this time the price reacts to this level and can not cross it and break out the dynamic support, it will drop to the support level of $2.5 -$3.0 .
🎓 @Bluebitcoins
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Blockchain company OpenLedger completes $8 million in seed round financing
Financial reports that blockchain company OpenLedger raised $8 million in a seed round led by Polychain Capital and Borderless Capital. Other participants include HashKey Capital, Finality Capital, Hash3, STIX, MH Ventures, EigenLayer’s Sreeram Kannan, Polygon’s Sandeep Nailwal and Manta’s Kenny Li, among others.
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This week, the U.S. Bitcoin spot ETF had a cumulative net outflow of $37.3 million
According to Farside Investors data, the U.S. Bitcoin spot ETF had a cumulative net outflow of $37.3 million this week, of which Grayscale GBTC had a net outflow of $155 million, Fidelity FBTC had a net outflow of $13.9 million, and BlackRock IBIT had a net inflow of $82.4 million..
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5k+ 𝗔𝗖𝗧𝗜𝗩𝗘 𝗥𝗘𝗤𝗨𝗘𝗦𝗧 𝗖𝗛𝗔𝗡𝗡𝗘𝗟 𝗙𝗢𝗥 𝗦𝗔𝗟𝗘 📌❗️
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The bottom of the ascending channel in the 4-hour time frame could not support the price of #UNI, and the price has now reached the demand level.
The $8.220-$8.800 level is very important for the price, and if the selling pressure breaks it, we will see a deep fall in the price.
If the price maintains the current level, it will return to the specified resistance, and the upward trend will be maintained. development and youth education.
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Chief Legal Officer of Variant Fund: SEC may reject SOL ETF application citing lack of futures market
Jake Chervinsky, Chief Legal Officer of Variant Fund, stated, "I suspect the SEC will reject the SOL ETF application on the grounds of a lack of futures market." Hasseb Qureshi, Partner at Dragonfly Capital, suggested that there are stronger reasons to argue that BTC and ETH-based ETFs meet the SEC's market surveillance requirements because these assets have well-developed futures markets. However, without listed futures markets, meeting market surveillance standards becomes challenging.
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