On April 11th, according to Bitcoin Laws, Arizona, USA officially passed the Bitcoin Mining Rights Act HB 2342, which protects anyone running nodes or mining digital assets from zoning or usage bans. The bill was passed in the Senate today with 17 votes to 12 and has now been sent to the governor's office for signature.
Click on the link to enter the live stream: https://meeting.tencent.com/p/9850662513 Good evening everyone, I am your Da Bin teacher! The BTC clearing map shows that the liquidity of both long and short positions has increased significantly in the past week, and there may soon be a new round of volatility coming. Interestingly, the recent market fluctuations seem to have occurred on weekends. As stated on April 13th, even if the market has broken through the downward trend, there will not be a good performance in terms of continuity. This is indeed the case for Bitcoin at present, which is still maintaining a narrow range of fluctuations in the box. Data from the past 12 hours shows that the main force sold a large order with a turnover of 376 million yuan, far exceeding the 152 million yuan for buying large orders. The net outflow was 223 million yuan, with a buy to sell ratio of 1:2.47. The main force showed a clear willingness to short. Especially last night, the Binance contract saw three consecutive transactions exceeding $40 million, further suppressing market sentiment. Although the current candlestick is above the EMA24/52 moving average, the meteor pattern suggests an increased risk of short-term pullback, and caution should be exercised against downward pressure. ETH's data is still not good, BTC's data is not good when it's good, and BTC's data is still not good when it's bad. The two big players, Grayscale and BlackRock, are once again showing respect to each other to determine who is the big holder. Grayscale has reduced its holdings by more than 6000, BlackRock has reduced its holdings by more than 2000, and the long inactive Franklin Templeton has reduced its holdings by more than 1000. Fortunately, these are still relatively few compared to the stock, and most investors are still in a wait-and-see attitude. There's not much more to say about ETH. I think it's already good that ETH can keep up with the ups and downs of BTC before liquidity recovers. The market's attention to ETH is also weakening, after all, the gap between ETH and BTC is too big. Operation suggestion: BTC 83000-83300 Enter the first target to watch 85000, the second target to watch 86000 ETH 1620 short first target to see 1580 second target to see 1550 Join the language community group to receive the novice small white gift package, get detailed analysis of ideas, and seize the opportunity to break through! Join the practical group to communicate and learn one-on-one with the mentor! Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 105935015698 Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
According to Foresight News, Cardano founder Charles Hoskinson responded in an interview that he was not invited to the White House Crypto Roundtable, stating that "there is no need to make a deal with Trump" and that the current US push for cryptocurrency policy reform should focus on "sustainable, long-term frameworks" rather than being dependent on short-term politicians. Previously, Trump met with cryptocurrency executives including Coinbase CEO Brian Armstrong, MicroStrategy Executive Chairman Michael Saylor, and Ripple CEO Brad Garlinghouse at the White House to discuss digital asset regulation issues. Hoskinson, who is seen as representing the sovereign blockchain camp, was not invited, although the White House has recently considered including ADA in the national cryptocurrency reserve. Hoskinson stated that he is lobbying globally to promote blockchain policies and is in close contact with Senate Banking Committee Chairman Tim Scott in the United States to support his stablecoin bill, the Genius Act; Prior to meeting with the Minister of Digital Transformation in Japan, Zhuoya Hirai; In Argentina, he communicated with President Milei's team. He emphasized that even though Trump issued a crypto executive order, established a Bitcoin strategic reserve, and appointed crypto friendly individuals to lead the SEC during his tenure, what truly matters is the regulatory stability brought about by the legislation. Faced with the current policy changes in the United States, he stated that "Trump governs the country like a startup company," but this also highlights the necessity of establishing decentralized systems such as blockchain. "The only option is blockchain," and he hopes that this chain will be Cardano.
According to the Coinbase blog, although the SEC has withdrawn the cryptocurrency lawsuit against Coinbase, the Oregon Attorney General still plans to file a similar enforcement lawsuit. Paul Grewal, Chief Legal Officer of Coinbase, stated that the allegations are "baseless" and a step back from federal regulatory reform. The company will firmly respond to the lawsuit and defend the rights of the industry and users.
Click on the link to enter the live stream: https://meeting.tencent.com/p/7890471408 BTC Market Analysis: Trends in the Long Short Game In the ever-changing cryptocurrency market, the trend of BTC has always touched the hearts of countless investors. At present, the BTC daily chart shows a clear bullish trend, with consecutive days of bullish candlesticks arranged in conjunction with a trend of bottom uplift. Combined with the golden cross formed by the short-term moving average crossing the long-term moving average in the moving average system, it undoubtedly releases positive signals, indicating the potential for upward movement in the medium and long term from a technical perspective, bringing new imaginative space to the market. However, the four hour level presents a completely different scene. The MACD indicator's double line tends to flatten near the zero axis, with weak and frequent directional changes in the energy column. The BOLL indicator continues to oscillate within the mid track range, indicating that market buying and selling forces are difficult to distinguish between high and low; At the same time, the trading volume has significantly shrunk, further indicating that the power of both long and short sides is temporarily balanced and trapped in a fierce stalemate in the game. The deviation between this daily trend and the four hour level trend exacerbates market uncertainty and puts investors in a dilemma. It is currently difficult to accurately predict when the long short game will end. From the perspective of key points, if the subsequent trading volume can significantly increase and form an effective breakthrough, when the price successfully stabilizes above the daily resistance level of $86000, the bulls may completely break the deadlock and start a new round of upward trend; On the contrary, once it falls below the support level of $83000, bears are highly likely to dominate the market and trigger a new round of adjustment. The long short battle of BTC has entered a white hot stage. Will it be a bull rally or a bear counterattack in the future? Follow me for real-time tracking of market trends, in-depth analysis of market trends, and grasping every key node! How can I get there specifically? Teacher Zhao Yun, who has 9 years of practical trading experience in the cryptocurrency industry, will provide a detailed breakdown for everyone. Welcome to the live broadcast room to check in! Join the Three Kingdoms College Exchange Group to receive more services: 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Official QQ group: 579358784 Tencent Meeting ID: 789-047-1408 The live broadcast room will be broken down in detail. Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent AICoin's position or viewpoint and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AICoin, and the consequences shall be borne by oneself.
Odaily Planet Daily News: According to the latest data, the top five currencies in terms of transaction volume on the UPbit platform in the past 24 hours are AERGO ($595 million), XRP ($215 million), T ($188 million), IQ ($131 million), and STRAX ($129 million). In addition, UXLINK, STMX, ARDR, BIGTIME, and GAS also rank in the top ten.