Dogecoin Price To Rally As DOGE Flashes Major Golden Cross | Noe on Binance Square

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Dogecoin Price To Rally As DOGE Flashes Major Golden Cross
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#USStablecoinBill In mid-March the US Senate’s Bill to regulate stablecoins, the Genius Act, was passed by the Senate Banking Committee with an 18 to 6 vote, with at least five Democrats supporting the Bill. Last week Republicans announced that Senate Majority Leader John Thune would propose a vote on the Bill to the full Senate, possibly this week. However, over the weekend a group of nine pro-crypto Democrats have said they could not support the Bill in its current form, Politico first reported. There’s an updated version of the Bill that hasn’t yet been published, and the Democrats are not happy with it. Four of the five Democrats that voted for the Bill at the committee level signed this weekend’s letter. The letter states that the Bill needs “stronger provisions on anti-money laundering, foreign issuers, national security, preserving the safety and soundness of our financial system, and accountability for those who don’t meet the act’s requirements. While we are eager to continue working with our colleagues to address these issues, we would be unable to vote for cloture should the current version of the bill come to the floor.” Cloture refers to agreeing to avoid endless debate on the Bill, and requires 60 votes, whereas the Republicans have only 53 Senate members support The five Democrats that voted for the Bill in committee were Senators Alsobrooks, Gallego, Kim, Rochester and Warner. Only Alsobrooks didn’t sign the letter. She is a co-sponsor of the Bill alongside fellow Democrat Kirsten Gillibrand, who is not on the Banking Committee. Axios previously reported that Senate Minority Leader Chuck Schumer had cautioned Senators not to commit to the Bill so they could have leverage for amendments.

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#MarketPullback What Is a Pullback? A pullback is a brief decline or pause in a generally upward price trend of a stock or other asset. Investors who are confident that the pullback will be brief use it as a buying opportunity. A pullback can occur for many reasons, some of which are unrelated to the fundamentals of the stock. What Is a Bitcoin Pullback? The most volatile assets tend to experience the most severe pullbacks. Cryptocurrency traders respond to the same pressures that influence stock traders, plus others that are unique to the cryptocurrency world. The price of a Bitcoin dropped more than 10% in the week that ended on Aug. 2, 2024. The same day, the Nasdaq closed at 10% below its record level, officially entering correction territory. What Does a Pullback Tell You? A pullback is similar to a retracement or consolidation, and the terms are sometimes used interchangeably. The term pullback is usually applied to short-lived price declines—only a few consecutive sessions—before the uptrend resumes. Pullbacks are widely seen as buying opportunities if the stock has been showing a generally upward price movement. For example, many stocks experience a significant increase after a positive earnings announcement, followed by a sharp pullback as traders sell shares to take profits. Others step in to buy, seeing the positive earnings as a fundamental signal that the stock will resume its uptrend.

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#AirdropFinderGuide How to hunt for airdrops? To receive airdrops from crypto, actively participate in the crypto community, use blockchain platforms that may offer airdrops, and follow projects for announcements regarding criteria for eligibility. Engaging with the ecosystem increases the chance of being included in potential airdrops. How to get free airdrop coins? Free Crypto airdrops reward users who complete simple tasks such as joining a project's social media channels, subscribing to newsletters, or holding specific tokens in a compatible wallet. Many hottest airdrops offer bonus rewards based on actions like referrals, community engagement, or staking. How to earn in airdrop? There are several ways to receive compensation through crypto airdrops, such as: Selling: One way to receive compensation through crypto airdrops is to sell the tokens once they become available. ... Holding: Another way to receive compensation through crypto airdrops is to hold the tokens for long-term appreciation.

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#EUPrivacyCoinBan EU to ban anonymous crypto accounts and privacy coins by 2027 Europe will ban anonymous crypto accounts and privacy coins starting in 2027 under sweeping new AML regulations targeting service providers and token anonymity. The European Union is set to impose sweeping Anti-Money Laundering (AML) rules that will ban privacy-preserving tokens and anonymous cryptocurrency accounts from 2027. Under the new Anti-Money Laundering Regulation (AMLR), credit institutions, financial institutions and crypto asset service providers (CASPs) will be prohibited from maintaining anonymous accounts or handling privacy-preserving cryptocurrencies, such as Monero The regulations (the AMLR, AMLD and AMLAR) are final, and what remains is the ‘fine print’ — aka the interpretation of some of the requirements through the so-called implementing and delegated acts,” according to Vyara Savova, senior policy lead at the EUCI.

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#SaylorBTCPurchase This is the story of the man who became the first CEO of a publicly listed company to make a long-term investment in Bitcoin. Last summer, no one in the crypto industry knew who Michael J. Saylor was. Barely a year later, his words have serious weight — and the power to move Bitcoin’s price. It all began on Aug. 11, 2020, when the MicroStrategy CEO announced that the Nasdaq-listed business intelligence firm was making a long-term investment of $250 million in Bitcoin. He described Bitcoin as a “dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash.” More than anything else, those four words — “dependable store of value” — are magic words on Wall Street. A store of value is an asset that will be worth the same or more over time, rather than depreciate — gold being the oldest and most reliable. And with the U.S. Treasury printing trillions of dollars to pay for COVID-related stimulus spending, the dollar is looking mighty inflationary. Saylor’s move was a first — the head of a mainstream public company calling Satoshi Nakamoto’s cryptocurrency a good long-term investment, and putting his corporate treasury where his mouth was. On Sept. 15, Saylor doubled down, adding another $175 million to MicroStrategy’s balance sheet. That $425 million bought a total of 38,250 BTC. The company’s haul has since grown dramatically. The firm held 90,859 BTC as of Mar. 1, which it purchased for about $2.2 billion. When Bitcoin hit a new all-time high of $61,683 later in the month, that investment was worth a jaw-dropping $5.6 billion. MicroStrategy was sitting on paper profits of $3.4 billion — seven months after its audacious gamble. Aside from Bitcoin, the company’s annual revenue is strong… but it has declined slightly for seven consecutive years, coming in at $481 million for 2020.

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