Bloomberg: Cracks appear in stablecoin legislative alliance, US Democratic Party threatens to use lengthy debate to obstruct bill

Before SDNY prosecutors filed charges in the case, FinCEN told them that Samourai Wallet didn’t meet the definition of a money transmitting business.

In the past 12 hours, the total amount of large market sell orders reached $67.04 million, far exceeding buy orders by $45.78 million, with a net outflow of $2.125 million, showing a clear short selling trend. Especially at 21:32 and 18:04, the large sell orders reached $6.2 million and $5.77 million respectively, further suppressing the upward potential of prices. Although the latest 1-hour cycle K-line shows a bullish trend among the red three soldiers, the price is still constrained by EMA52 suppression, and the outflow of main funds weakens the rebound momentum. The synchronization of MACD and KDJ indicators confirms the current bearish signal, and the extremely overbought J value also suggests an increased risk of pullback. Combining large transaction indicators, the main behavior reveals the trend shift in advance, helping you accurately grasp the market opportunities. Open a membership, unlock key trends, and stay one step ahead to gain insights into the market! The data is sourced from the PRO member's [BTC/USDT Binance 1-hour] candlestick, for reference only, and does not constitute any investment advice.

OKX-CORE is currently priced at $0.7270, with a 9.34% increase over 24 hours. 24-hour transaction volume of 71.67 million US dollars, up 90.37%, for reference only

JUST IN: 🇺🇸 31% of IRS tax auditors quit following DOGE downsizing.

BlockBeats News: On May 6th, according to Decrypt, Binance founder CZ admitted in an interview with Rug Radio that his experience of serving four months in the United States was "extremely difficult" and "frightening", and stated that he "would not want anyone to experience such a thing". However, this experience also made him realize the importance of health and family. He recalled that when he first entered prison, he felt a strong sense of unease and fear in front of the large, tattooed and noisy prisoners. His cellmate was once sentenced to 30 years for double murder, but the two got along fairly well. He was unable to enter a minimum security prison due to his non US citizenship and was sent to a low security facility. Despite being the founder of Binance and having a billionaire fortune, his fellow inmates did not treat him particularly well. CZ stated that many of his fellow inmates are very friendly, and he still maintains contact with several of them to this day. For him, the most difficult thing is the mental pressure - worrying about his sentence being suddenly extended. He pointed out that many friends in prison have suffered similar fates. This experience made him re-examine his life, "Health is the most important, followed by family, and then work and other things." CZ also revealed that he will publish a new book detailing this imprisonment life.