The United States is accelerating the construction of a cryptocurrency regulatory system, with legislative games at both federal and state levels reshaping the industry landscape. The House of Representatives passed the '21st Century Financial Innovation and Technology Act' (FIT21), which clarifies the division of responsibilities between the SEC and CFTC: the SEC regulates security tokens, while the CFTC oversees digital commodities like Bitcoin, and innovatively defines the standard for 'decentralization' (single entity ownership ≤20%). Stablecoin legislation has faced ups and downs; the Senate's 'GENIUS Act' was rejected by a 48:49 vote due to ** party demands to prohibit officials from participating in cryptocurrency business, but the market expects negotiations to possibly restart before August. State-level policies show divergence.
#贸易战缓和 Level 1 High-Quality Meme Group Family, great news! The China-U.S. negotiations have succeeded! China will reduce tariffs on U.S. goods from 125% to 10%, and the U.S. will also lower tariffs on Chinese goods from 145% to 30%. Moreover, these new tariffs will be enforced for 90 days! This trade war is finally coming to an end! As soon as this news came out, U.S. stocks surged tonight! Just think about it, when tariffs were high before, many businesses struggled, with high costs and low profits. Now that tariffs have been lowered, business costs decrease, and profit margins increase—how can U.S. stocks not rise? However, there are also some disappointing aspects. Tariffs can be canceled, and the market can recover, but many people had to sell their stocks early or clear their positions when the market was bad. Now that the market is doing well, those positions cannot come back, which is truly unfortunate. Next, the market is likely to start speculating on interest rate cuts. With tariffs lowered and the economic environment improving, everyone will expect interest rates to drop as well, making loans cheaper for businesses and giving consumers more motivation to spend. This is another potential positive for the stock market. Let's wait and see how the market develops next; hopefully, it will keep getting better!
#ETH突破2500 ETH Breaks 2500 Ethereum Drops After Hitting 2600 USD Overnight: According to monitoring by Phoenix Finance and Coin界网, ETH briefly broke through 2600 USD (highest at 2619.94 USDT) in the early hours of May 11, but quickly fell back to 2581 USD due to selling pressure from whales, with a 24-hour volatility of 4.8%. On-chain data shows that an anonymous address sold 12,000 ETH (worth 31.2 million USD) at the moment of the breakout, triggering over 47 million USD in long position liquidations in the derivatives market. Currently, ETH is quoted at 2525 USD, and the technical indicators show a 'false breakout' pattern, requiring close attention to the 2550-2600 USD range for bullish and bearish battles. Matrixport warns that if the weekly close cannot hold above 2600 USD, it may retest the 2350 USD support level.
$XRP XRP trading will destroy a small amount of tokens, and as usage increases, supply decreases, leading to a natural rise in value. The Core of the Tokenized World As real assets such as real estate and stocks are tokenized, XRP has the opportunity to become the liquidity foundation of a trillion-dollar economic system. In short: XRP is not just a digital currency, but a potential giant in global financial flow. Reaching $10,000 is not a fantasy, but a mathematical inevitability!
#山寨季何时到来 The big coin has performed very well these days, almost reaching the previous high, but the altcoins have only risen a few dozen points, there's really not much to be happy about. Everyone should not forget that all the altcoins have generally dropped over 80%. Now, to return to the previous high, they need to rise three to five times more. That's why I always say, only the big coin will never let us down; the others just won't.
Yesterday's surge completely liquidated the short liquidity of the big coin at 104k. Returning to the current market situation, it can be seen that the remaining short liquidity above the current price is only from 105k to 106k, and above this price level, there is a complete vacuum of liquidity; Therefore, at least within this week, it is unlikely for the price to break through 106k, so in my view, the current situation is 1. The short liquidity (fuel) is almost exhausted! 2. The total amount of unliquidated long liquidity is relatively high, but scarce near the current price; 3. The funding rates of the three major exchanges have all returned to normal. Therefore, it can be expected that 100k~106k will become the new oscillation range until the short liquidity above 106k fills this gap or the long liquidity around 97k completes its accumulation. $BTC
#加密市场反弹 Yesterday, there was a surge, and Bitcoin completed the liquidation of all short liquidity at 104k. Returning to the current market situation, it can be seen that the remaining short liquidity above the current price is only between 105k and 106k, and above this price level, there is a complete vacuum of liquidity; Therefore, at least within this week, it is impossible for the price to break through 106k. So in my view, the current situation is: 1. Short liquidity (fuel) is nearly exhausted! 2. The total amount of unliquidated long liquidity is relatively high, but scarce near the current price; 3. The funding rates of the three major exchanges have all returned to normal. Therefore, it can be expected that 100k~106k will become a new range of fluctuations until the short liquidity above 106k fills this gap or until the long liquidity near 97k completes its accumulation.
#BTC重返10万 Yesterday, there was a surge that completely cleared the short liquidity at 104k. Looking at the current market, we can see that the remaining short liquidity above the current price is only from 105k to 106k, and above this price level, there is a complete vacuum of liquidity; Therefore, at least within this week, the price is unlikely to break through 106k, so in my opinion, the current situation is: 1. Short liquidity (fuel) is almost exhausted! 2. The total amount of unliquidated long liquidity is relatively high, but scarce near the current price; 3. The funding rates of the three major exchanges have all returned to normal. Therefore, it can be expected that 100k~106k will become the new range of fluctuation until the short liquidity above 106k fills this gap, or the long liquidity near 97k completes its accumulation.
Family, big news! Payment giant Stripe has launched stablecoin accounts! Supporting businesses in 101 countries worldwide, they can hold USDC or USDB stablecoin balances and send and receive funds through fiat and crypto channels.
This initiative is very significant. In the past, cross-border transfers had high fees and slow arrival times. Now, with Stripe's stablecoin accounts, costs are greatly reduced, and settlements can achieve near-instant clearing. For businesses, whether it’s cross-border e-commerce payments or global earnings payments for content creators, it’s so much more convenient!
Moreover, funds can be transferred via ACH, wire transfer, or crypto wallets, and can also be sent to bank accounts or crypto addresses. There are even plans to provide USDC-denominated Visa card services in the future, which opens up exciting future use cases.
#Stripe稳定币账户 #Stripe稳定币账户 Family, big news! Payment giant Stripe has launched stablecoin accounts! It supports businesses in 101 countries globally, allowing them to hold USDC or USDB stablecoin balances, and also send and receive funds through fiat and crypto channels.
This initiative is incredibly significant. In the past, cross-border transfers had high fees and slow arrival times, but now with Stripe's stablecoin accounts, costs are greatly reduced, and settlements can achieve near-instant clearing. For businesses, whether it's cross-border e-commerce payments or global earnings payments for content creators, it's so much more convenient!
Moreover, funds can be transferred in via ACH, wire transfers, or crypto wallets, and can also be sent to bank accounts or crypto addresses. There are even plans to offer Visa card services priced in USDC in the future, making the potential use cases limitless!#Stripe稳定币账户 #cryptocurrency payments
#Stripe稳定币账户 #Stripe稳定币账户 Dear family, big news! Payment giant Stripe has launched stablecoin accounts! It supports businesses in 101 countries worldwide, allowing them to hold USDC or USDB stablecoin balances and send and receive funds through fiat and crypto channels.
This initiative is incredibly significant. In the past, cross-border transfers had high fees and slow arrival times. Now, with Stripe's stablecoin account, costs are greatly reduced, and settlements can achieve near-instant clearance. For businesses, whether it’s cross-border e-commerce payment for goods or global earnings payments for content creators, it’s much more convenient!
Additionally, funds can be transferred via ACH, wire transfer, or crypto wallets, and can also be sent to bank accounts or crypto addresses. There are even plans to offer a Visa card service priced in USDC in the future, making the usage scenarios limitless! #Stripe稳定币账户 #CryptocurrencyPayment
#BTC Breaks 100K Bitcoin is currently facing resistance between $101,500 and $106,500. If it breaks through this range, it may challenge the historical high of $109,225 set in January. However, if the price falls below $93,780, it could trigger a pullback to $80,000. Despite short-term volatility, in the long run, as global acceptance of Bitcoin increases and the policy environment improves, Bitcoin is expected to continue its upward trend $BTC
#BTC重返10万 #BTC Breaks 100K Bitcoin is currently facing resistance between $101,500 and $106,500. If it can break through this range, it may challenge the historical high of $109,225 set in January. However, if the price falls below $93,780, it could trigger a risk of a pullback to $80,000. Despite short-term volatility, in the long run, as global acceptance of Bitcoin increases and the policy environment improves, Bitcoin is expected to continue its upward trend.
#BTC突破100K #BTC突破100K Bitcoin is currently facing resistance between $101,500 and $106,500. If it can break through this range, it may challenge the historical high of $109,225 set in January. However, if the price falls below $93,780, it may trigger a risk of a pullback to $80,000. Despite short-term volatility, in the long run, with the increasing global acceptance of Bitcoin and improvements in the policy environment, Bitcoin is expected to continue its upward trend.