5 月 16 日,民主黨和共和黨聯合以 60 票對 38 票通過了廢除 SAB 121 的提案。白宮曾警告稱,廢除 SAB 121 可能會削弱 SEC 保護加密貨幣投資者的能力,並表示拜登將在必要時否決廢除提案,而拜登在 6 月 1 日確實否決了該提案。
2. 對否決的反應
拜登的決定令許多人感到失望,他們認爲 SAB 121 是有害的,與衆議院和參議院的多數意見相悖。區塊鏈協會對美國證券交易委員會的越權行爲和正在進行的監管工作發表了評論。拜登爲自己的決定辯護,稱推翻美國證券交易委員會工作人員的判斷可能會削弱美國證券交易委員會在會計實踐方面的更廣泛權威,並強調其政府致力於保護消費者和投資者。
3. 加密社區的迴應
Cardano 聯合創始人 Charles Hoskinson 和 Galaxy Digital 首席執行官 Mike Novogratz 表達了他們的不滿,將拜登的決定定性爲更廣泛的“加密戰爭”的一部分。然而,一些人,如 Bitwise 首席執行官 Hunter Horsley,支持拜登的謹慎態度,指出美國立法者希望促進合理的加密發展。
雖然國會對支持加密貨幣的興趣日益濃厚,但白宮對其影響仍持謹慎態度。拜登否決 SAB 121 廢除可能會影響他在即將到來的總統選舉中的立場,凸顯加密社區內部持續存在的分歧。
$XRP Price Under Pressure as Demand Declines and Indicators Signal Bearish Trends
Ripple (XRP) has been experiencing a seven-day price decline, closing below its 20-day exponential moving average (EMA) for four consecutive days as of May 31. Trading below this average is a bearish signal, indicating a shift towards sell-offs.
1. Decline in Demand for XRP
Key technical indicators suggest that XRP might continue losing value. The Relative Strength Index (RSI) is at 46.64, and the Money Flow Index (MFI) is at 40.96, both below their neutral points, indicating a decline in demand as market participants are more inclined to sell rather than buy.
2. On-Chain Activity Decline
Santiment’s data shows a 30% decrease in daily active addresses over the past month, along with a 29% drop in new addresses created to trade XRP. Such declines in active and new addresses often precede price drops.
3. Profit Despite Declining Price
Interestingly, despite the declining demand and price, daily traders have continued to record profits. The ratio of transaction volume in profit to loss stands at 1.16, meaning for every loss-making transaction, there are 1.16 profitable transactions.
4. MVRV Ratio Signals a Buying Opportunity
XRP’s Market Value to Realised Value (MVRV) ratio on 30-day and 365-day moving averages are -0.7% and -8.5% respectively, indicating that XRP is currently undervalued. This suggests a potential buying opportunity as the asset is trading at a discount relative to its historical cost basis.
Overall, while XRP shows signs of bearish trends with decreasing demand and on-chain activity, its undervalued status might present a strategic buying opportunity for traders.