BTC experiencing upward insertion phenomenon, custom indicators remind you to pay attention to market trends

BlockBeats News: On April 2nd, according to Bitcoin Magazine, the board of directors of Indian listed company Jerking approved the fundraising for the purchase of Bitcoin.

The main large order is displayed on the K line in the form of a horizontal line, the thicker the line means the larger the pending order amount, and the longer the line represents the longer the pending order time

According to Ledger Insights, several Republican members of the U.S. House Financial Services Committee have sent letters to the Federal Reserve, FDIC, and OCC calling for the revocation of regulatory letters such as FDIC's FIL-16-2022, and the Federal Reserve's SR 22-6 and SR 23-8, stating that they have increased the regulatory burden on banks using blockchain technology, hindered innovation, and restricted financial institutions' participation in the stablecoin ecosystem. Legislators believe that the current regulatory approach is detrimental to the financial competitiveness of the United States and that a more technology neutral and open regulatory approach should be adopted.

The figure marks a 303% increase on the previous quarter.

The price of Ouyi OKX ACT/USDT has hit a new low in nearly 3 months, now trading at 0.0655 US dollars, a decrease of 29.35% in 24 hours, with a turnover of 46.48 million US dollars. After the price reaches a new low, there is a high probability of a price rebound. (AiCoin Research Institute)