US Department of Justice revokes cryptocurrency division, Trump further relaxes regulation on digital assets

Odaily Planet Daily News: Polymarket, a prediction platform, has launched a pregnancy quiz for encrypted KOL Tiffany Fong. Previously, some speculated that she may be secretly dating Kanye West or Elon Musk. Ethereum co-founder Vitalik Buterin condemned this, saying, "I personally think such predictions are very boring and violate a person's privacy and dignity

According to BlockBeats, on April 17th, Binance CEO Richard Teng told the Financial Times that under President Trump's leadership, the United States has adopted a more friendly attitude towards cryptocurrencies, including plans to establish a digital asset regulatory framework and national reserves, which is prompting other countries to take similar actions. Compared to many other jurisdictions, the United States is far ahead in this area. Binance has been in contact with many countries, hoping to help them develop regulatory frameworks for cryptocurrencies. But he refused to disclose the list of countries that cooperate with the company. Richard Teng stated that Binance is currently helping some countries establish national strategic digital asset reserves. Nearly a quarter of Binance's 6000 employees are engaged in compliance work and will continue to invest heavily in this field. Earlier this month, Pakistan and Kyrgyzstan both announced that Binance founder CZ has started providing advice to them on developing cryptocurrency regulations and using blockchain technology.

The current price of BTC in the 2-hour cycle is below the EMA24 and EMA52 moving averages, showing an overall downward trend. At the same time, the distribution of chips shows that the price is in a sparse area, with a high probability of change. Recently, the support and resistance levels have been concentrated around 84000, and the extremely narrow range of chips indicates that the market is highly susceptible to breaking through. Combined with signals of continuous decline in trading volume and significant decrease in activity, chip distribution indicators can lock in breakthrough directions in advance. Open membership to unlock chip distribution and accurately grasp the timing of market changes! 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.

According to AiCoin monitoring, a large amount of funds flowed out of the US spot BTC ETF market yesterday, with a net outflow of up to $171 million. Among them, the outflow was mainly from FBTC, with a daily net outflow of $114 million; Next is ARKB, with a total of 113 million US dollars. According to the "Spot BTC ETF Tracking" real-time trading strategy developed by AiCoin, there is a significant positive correlation between the inflow of ETF funds and BTC prices. Subscription indicators can be used to automatically place orders based on the flow of funds in the program. Data for reference only

Mankun's legal team has released a document revealing that a virtual currency money laundering gang has reached out to college students. A male student who has just entered his junior year was introduced to do the business of "purchasing virtual currencies" while looking for part-time jobs online. The other party transferred RMB to his bank account in mainland China, took the subway to Hong Kong, and then used the money to buy coins at a USDT exchange shop on the street and transferred them to a designated wallet address. Round trip, including travel allowance, can also earn five to six hundred yuan. One day, his bank card was suddenly frozen by the bank, and he realized that it was still illegal. The number of such requests received by Mankiw Law Firm in the past six months has significantly increased, reflecting a trend that cannot be ignored: money laundering gangs are precisely targeting college students and packaging a key link in the criminal chain with high compensation.