Issuance capacity among bitcoin-holding companies could translate to tens of billions in market buying power.

BlockBeats News: On May 5th, according to Bloomberg, digital asset trading company Crossover Markets Group Inc. is preparing to launch its platform in the United States. This move comes at a time when President Trump is promoting cryptocurrency friendly policies, stimulating institutional interest in cryptocurrencies, and creating a more favorable regulatory environment for the world's largest economy. Crossover Markets CEO Brandon Mulvihill said that since Trump won the US election, the company has been laying the foundation for serving US institutional clients. Crossover Markets was founded in 2022 by veteran forex market veterans Brandon Mulvihill and Anthony Mazzarese (who previously worked in the forex prime brokerage business of Jefferies Group) and Vladislav Rysin, former Chief Technology Officer of Euronext FX. Previously, this London based company had been avoiding dealing with American clients.

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

The current price of BTC is $94187.34, a decrease of 1.33% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 10.07 million US dollars, with multiple orders being the main liquidation and 3.55 million US dollars (35.29%) of BTC liquidation. The data is for reference only.

XRP is nearing a 'death cross,' a bearish indicator, as its price falls below the 50-day moving average.