The TORNADO CASH address has been removed from the OFAC sanctions list

The SEC’s approach to crypto wasn’t working, said a16z crypto General Counsel Miles Jennings at the roundtable. The SEC has a new beginning and a “restart of the Commission’s approach to crypto regulation,” Commissioner Hester Peirce said on Friday. 

At the close of the US stock market, the Dow Jones Industrial Average rose 0.07%, the Nasdaq rose 0.52%, and the S&P 500 index rose 0.08%.

According to the weekly report on cryptocurrency holdings released by CME, there are 30213 BTC holdings, an increase of 5.84% compared to the previous period; There are 18806 ETH holdings, a decrease of 2.40% compared to the previous period.

Coinbase Product Director Michael Rihani explains how the goal of Coinbase’s new bitcoin-backed loans is to make DeFi more accessible for everyday consumers

Data from the past 12 hours shows that the main buyers had a transaction volume of $194 million, significantly higher than the sales volume of $146 million, with a net inflow of $48.51 million for the main buyers. Especially around the price of $83600, the main force concentrated on buying $31.67 million, indicating strong support below. However, the current 2-hour cycle K-line has shown an upward hanging line, with extremely reduced trading volume and decreased market activity, suggesting a rebound or resistance. At present, BTC prices are below the EMA24/52 moving average, and the downward trend has not yet reversed. But the main force has a clear willingness to go long, with a buy sell ratio of 1.33:1. We are concerned whether the main force funds can push through the resistance of $84200. Open a membership, keep track of the main trends in real time, and accurately capture short-term opportunities! 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.