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Odaily Planet Daily News: UK Chancellor of the Exchequer Rachel Reeves is considering selling the Bitcoin assets seized by the police to make up for the public finance gap. This batch of assets is valued at over £ 5 billion, including 61000 bitcoins seized from a Chinese Ponzi scheme in 2018, whose current value has increased by about 20 times. To support the relevant plan, the UK Home Office is promoting the establishment of a "crypto asset custody and disposal framework" to unify the management and sale of such assets. At present, the project is in the bidding stage, with a maximum commission limit of £ 40 million for sale. （telegraph）
1. Trump signs the Genius Act, establishing a regulatory framework for stablecoins 2. The Federal Housing Finance Agency of the United States evaluates the inclusion of cryptocurrency in mortgage loans 3. CoinDCX stolen $44.2 million, user assets not affected 4. The Bank of England requires banks to test their risk tolerance for the US dollar 5. Hong Kong stablecoin license review will be conducted through invitation based application system 6. BlackRock's market value of holdings reaches $87 billion 7. OOKC invests $5 million in Giants Protocol for global expansion 8. Bybit subscribed to over 100 million USDT wealth management products after the launch of its new project The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/473528
The 4-hour cycle K-line shows that the current price is above the EMA24 and EMA52 moving averages, but the latest K-line has formed an upper hanging line pattern, which, combined with RSI, has entered the overbought area, indicating that the short-term upward momentum may have dissipated. Member indicators show that the MACD bar chart continues to shrink, and the downward momentum is increasing, further verifying the risk of a pullback. In addition, the current trading volume has shrunk to 47.68% of the recent average level, indicating low market participation and suggesting that prices may be difficult to maintain high levels. The distribution of chips shows that strong support is located in the 2990-3012 range, but the current price is far away from the chip intensive area, and there is strong demand for retracement. Be alert to the risk of a rapid price drop near POC (2990.5). Open membership, accurately capture key trends, and lock in high and low points in advance! The data is sourced from the PRO member's [ETH/USDT Binance 4-hour] K-line, for reference only, and does not constitute any investment advice.
Bitget CRO/USDT's perpetual trading volume surged 98 times within 10 minutes, with a turnover of 4.46 million US dollars in the past 24 hours, an increase of 2.37% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally
OKX-XTZ is currently priced at $0.9819, with a 41.26% increase over 24 hours. 24-hour transaction volume of 1.3 billion US dollars, an increase of 1173.75%, for reference only