The SEC’s Division of Corporation Finance states that memecoins do not qualify as securities under federal securities laws.Therefore, their transactions do not require SEC registration or exemptions.

The OKX BTC/USD perpetual funding rate is currently 0.03%, and long positions need to pay funding fees to short positions, indicating a high sentiment in the market. AiCoin [PC - Home - Popular Rankings] has launched the "Fund Rate" ranking, which provides a list of rate arbitrage opportunities. Capital fees are an important mechanism for anchoring spot prices in perpetual contracts, used to balance long and short sentiment. When the funding rate is greater than 0, long positions pay funding fees to short positions; When the funding rate is less than 0, short sellers pay funding fees to long sellers.

Recent K-line data shows that BTC fell all the way from 84164.97 in trading on February 28th and bottomed out around 83701.84. In the figure, multiple large market price sell orders can be seen circling around, indicating strong bearish forces and continuously lowering prices. At the same time, there were a few large buy orders around 83000, but they did not significantly support the price, resulting in significant short-term pressure. To accurately capture the main trend and see the market direction, use large transaction indicators to unlock the secrets behind the scenes with just one click! The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.

The U.S. Securities and Exchange Commission officially decided to dismiss its case against Coinbase on Thursday. The SEC sued Coinbase in June 2023, two years after the top U.S.-based cryptocurrency exchange went public.

The US stock market closed down, with the Dow Jones Industrial Average falling 0.45%, the Nasdaq falling 2.78%, and the S&P 500 index falling 1.58%.