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05:49
Axel Adler Jr: Bitcoin's current price is discounted by about 55% compared to its fair value
According to Cryptoquant analyst Axel Adler Jr, the fair value of Bitcoin calculated by the volatility-adjusted Bitcoin Rainbow Chart is $177,000, with the current price at a discount of approximately 55%. This model does not rule out the possibility of a significant drop in Bitcoin's price within the next six months.
05:15
Publicly listed companies have accumulated approximately 369,000 BTC in the past 12 months.
Jinse Finance reported on May 16 that, according to Cointelegraph, publicly listed companies have accumulated approximately 369,000 Bitcoin over the past 12 months.
05:08
The subscription limit for some QDII funds has been tightened to 20 yuan.
On one hand, QDII funds are attracting investors with impressive returns; on the other hand, limitations on foreign exchange quotas have intensified restrictions on purchases, and high premiums in the market hide risks. Since May, several fund companies including E Fund and Great Wall Fund have continuously reduced the subscription limits for their QDII funds, with some products tightening the subscription amount to 20 yuan. Notably, as off-market subscriptions face restrictions, some capital has shifted to the market, causing the premium rates of several cross-border ETFs to soar, with some surpassing 35%.
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