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18:57
The cost range of long-term holders is creating supply pressure
The supply distribution heatmap for long-term holders shows that the cost range is concentrated between $93,000 and $109,000, forming a significant supply zone above. Any sustained upward movement must first absorb this supply, and breaking through this range is usually a necessary condition for reaching new highs in the long term.
18:38
JPMorgan CFO says stablecoin yield products are similar to a "parallel banking system"
JPMorgan CFO Jeremy Barnum stated that JPMorgan will compete with cryptocurrency-related products, but warned that stablecoin yield products are similar to the banking system yet are not subject to the same level of regulation.
18:30
The Federal Reserve accepted $3.277 billion in reverse repo operations.
The Federal Reserve accepted a total of $327.7 million from five counterparties in its fixed-rate reverse repurchase operations.
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