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Bitcoin seems to have accumulated 57.29m long liquidations heavily below $66,000 in the 12-hour liquidation. There is a high probability of cleaning this place in the future. In Ethereum, 2.86m intense long liquidations appear to have accumulated at the $3,200 level. They can clean this place.

Bitcoin seems to have accumulated 57.29m long liquidations heavily below $66,000 in the 12-hour liquidation. There is a high probability of cleaning this place in the future.

In Ethereum, 2.86m intense long liquidations appear to have accumulated at the $3,200 level. They can clean this place.

Жауапкершіліктен бас тарту туралы мәлімдеме: үшінші тараптардың пікірлері бар. Қаржылық кеңес емес. Шарттар мен талаптарды қараңыз.
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Biden Administration receives criticism from Cardano founder. Charles Hoskinson, the founder of #Cardano , made a harsh criticism of the Biden administration and claimed that President Joe Biden was taking action to sabotage the American cryptocurrency industry. Hoskinson's statements in the May 9 video reveal his criticism of systematic attempts to stifle crypto innovation in the United States. “A vote for #Biden is a vote against the American cryptocurrency industry,” Hoskinson said. He did not mince his words. He criticized the government for its stance on crypto regulations, listing a number of moves he believes are hindering the development of the industry. The Securities and Exchange Commission (SEC) has called Cardano's founder overly aggressive in regulating, highlighting restrictive government regulations, especially when it comes to accessing banking services. Recently, he also pointed out various actions taken by the White House, accusing them of hindering the legislature's efforts to support the crypto industry. President Biden's stance against legislation proposing to overturn SEC rules put in place to deter banks from dealing with crypto assets was a particularly sore point for Hoskinson. The White House issued a statement saying such actions were highly undesirable and vital to protect investors and the broader financial system. Hoskinson also took aim at the SEC, but merely stated that he disapproved of the regulator's use of old laws to control new asset classes such as cryptocurrencies. He compared the approach in the United States to that of countries such as Switzerland, Singapore and Dubai, which have all embraced crypto innovation and received major investments. $BTC $ETH $BNB
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Michael Van de Poppe Gives the Sign for Bitcoin and These 2 Altcoins! First to the Bottom, Then to the Top! Michael van de Poppe, one of the closely followed names of the market, said that altcoins may start an upward movement if hopes about the approval of the Ethereum (ETH) exchange traded fund (ETF) from the US Securities and Exchange Commission (SEC) decrease in the coming days. he stated. Cryptocurrency analyst van de Poppe stated in his statement to thousands of followers on the social media platform X that Bitcoin (BTC) hovering around $ 61000 could play an important role in the awakening of altcoins. Markets bounced from the critical zone to $61000 and altcoins are waking up. This is the last period of accumulation before the big surge. As of writing time, BTC price is trading at $60733 after a 3.37% decrease in the last 24 hours. Despite the price drop, the transaction volume was over 27 billion dollars, an increase of over 7%. The analyst, who particularly examined the altcoin Arbitrum (ARB), which will be unlocked within the week, thinks that the full correction of the ETH layer2 protocol is nearing its end. This has a full fix and is in the final stages of fixing. There has been a major cascade in recent weeks, with markets generally refueling in the following weeks. In this context, markets are nearing the end of the correction. ARB continues to trade at $1 after a decline of over 3% as of writing time. Van de Poppe also drew attention to another important issue and stated that the SEC will not give approval for the ETH ETF before at least July or August of this year. There will be no Ethereum ETF this month. There will likely be a 60 day delay or extension, during which July/August will be a big moment for the markets. In terms of expectations? Markets will hit bottom in the next 1 , 2 weeks and go back up after this news. $BTC $ETH $BNB
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How Will the US Presidential Elections in November Affect Bitcoin and Cryptocurrencies? Rise or Fall? QCP Capital, a leading cryptocurrency analysis firm, recently discussed the potential impact of the upcoming US elections on Bitcoin and other cryptocurrencies. The firm stated that historically markets have shown an upward trend towards elections. However, according to analysts, this year's elections may experience a unique dynamic due to the increasing interest in cryptocurrencies among voters. Former President Donald Trump is making moves towards the crypto community, which could influence his rival Joe Biden to take a similar stance. Trump's appeal to crypto enthusiasts marks a significant shift from his first term, when he was more critical of the industry. Trump's direct embrace of cryptocurrencies is seen as a turning point for the industry, which has lobbied heavily in Washington and invested heavily to influence the outcome of the 2024 elections. At an event where he introduced his own non-fungible token (NFT), Trump urged crypto supporters to vote for him, citing regulatory crackdowns on the sector under the Biden administration. “They are against cryptocurrencies,” he said, referring to the Democrats' approach to cryptocurrencies. The Republican party has become increasingly friendly towards Bitcoin and other digital assets in recent years. By contrast, key Democrats are divided on whether to legitimize the industry after a series of scandals. “President Trump's statements signal a shift in the importance of digital assets this election cycle,” said Kristin Smith, CEO of the Blockchain Association, a top crypto industry lobby group. The firm also stated that markets will likely continue to price in rate cuts unless the FED explicitly rejects rate cuts or gives hints of rate hikes. This could have significant impacts on the crypto market, which is often influenced by broader economic trends. $BTC $ETH
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