XRP Charts 'Rising Wedge' To Signal Price Plunge: Technical Analysis

Odaily Planet Daily News: Mayor Mayer Mizrachi of Panama City, the capital of Panama, announced on X platform that the Panama City Council has voted to pass a proposal allowing government public institutions to accept cryptocurrency payments, including taxes, fines, tickets, and licensing fees. The first batch of supported currencies includes BTC, ETH, USDC, and USDT. This plan does not require new legislation, but instead collaborates with banks to convert encrypted payments into US dollars to meet the legal collection requirements of public institutions.

Odaily Planet Daily News: CryptoQuant announced on the X platform that whale holdings decreased by 30000 bitcoins this week. On April 7th, as the profit margin dropped to 33%, miners released 15000 bitcoins in a single day. The current net hoarding rate of Bitcoin has dropped to its lowest level since February.


DWF Labs opened a New York office and invested in World Liberty Financial, backing its stablecoin USD1 and decentralized finance growth

Foresight News: Mayor Mayer Mizrachi of Panama City, the capital of the Republic of Panama, announced that the Panama City Council has voted in favor of accepting cryptocurrency payments. Citizens will now be able to fully use cryptocurrency to pay taxes, fees, tickets, and licenses, with support for BTC as the first option ETH、USDC、USDT。 According to the law, public institutions must receive funds in US dollars, so they cooperate with a bank to handle cryptocurrency receiving transactions.

Key intraday averages look to cross bearish as bulls struggle to engineer a breakout above $86K.