BTC falls below the $83000 mark

President Donald Trump’s engagement “in the memecoin activity and in considering the formation of a stablecoin have made our work more complicated,” said Rep. French Hill on Monday. House and Senate versions of a stablecoin bill have differences, including on how foreign issuers will be regulated. 

Whether the Sui Foundation buys 23andMe, or not, the genetic data company’s bankruptcy shows the perils of centralized data collection and how blockchains can protect the public, says Phil Mataras, founder and CEO of decentralized cloud network AR.IO.

BlockBeats News, on April 1st, crypto journalist Eleanor Terrett posted that "Bryan Steil, Chairman of the U.S. House Digital Assets Subcommittee, told me that after Wednesday's review, the STANBLE Act will be 'well aligned with the Senate GENIUS Act,' achieved after several rounds of 'draft revisions' in the House and Senate and technical assistance from the SEC and CFTC Bryan Steil believes that there are 20% differences between this bill and the GENIUS Act, which are only textual rather than significant or substantial. At present, the biggest difference between the two lies in the requirements for international stablecoin issuers, state regulation of issuers, and some minor technical differences between the two texts. Ultimately, I believe everyone recognizes that we want to work with our colleagues in the Senate to push this bill through, "Steil said. BlockBeats note: The Stablecoin Transparency and Accountability for a Better Ledger Economy Act, also known as the Stablecoin Transparency and Accountability for a Better Ledger Economy Act, is a legislative draft proposed by the US House of Representatives in 2025 aimed at establishing a regulatory framework for the issuance and operation of payment stablecoins pegged to the US dollar. The GENIUS Act (also known as the Guiding and Establishing National Innovation for America. Stablecoins Act) is a legislation proposed by the US Senate on February 4, 2025, aimed at establishing a comprehensive regulatory framework for payment stablecoins within the United States to promote financial innovation, protect consumers, prevent illegal financial activities, and consolidate the dominant position of the US dollar in the global financial system.

D.O.G.E. job cuts, tariffs, a restrictive Fed and new immigration policies could weigh on markets for the next six to nine months, said Lekker Capital's Quinn Thompson.

In the past 12 hours, the large transaction indicator showed that the net outflow of the main force reached $17.05 million, of which the total amount of large market sell orders was $41.3 million, far exceeding the buy order of $24.24 million, showing a clear short selling trend. Especially the large sell order at 22:52 last night, which resulted in a transaction of 3.52 million US dollars, accelerated the downward pressure on prices. Based on the current 2-hour cycle K-line, although the price has rebounded briefly, the RSI has fallen below the 50 median line, and downward momentum is accumulating. At the same time, the bearish alignment of EMA24 and EMA52 suppresses the rebound space, and the frequent occurrence of large market price sell orders confirms that the main selling pressure has not decreased, and we are alert to further downward exploration. Open membership to unlock large transaction indicators, capture key trends in advance, and seize 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.