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$BTC Bitcoin is gradually stabilizing amid fluctuations, with no significant selling pressure observed during high-level consolidation. The market has entered a phase of rhythm switching. The cautious sentiment among investors has somewhat diminished, and some medium to long-term buyers are starting to accumulate at lower levels.

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#AbuDhabiStablecoin Abu Dhabi is launching AE Coin, the UAE's first regulated stablecoin backed by the dirham (AED). It has received in-principle approval from the UAE Central Bank, with backing from IHC and First Abu Dhabi Bank. AE Coin will be used for crypto trading, payments, and financial services, supporting the UAE’s digital economy goals.

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#ArizonaBTCReserve The "Arizona Bitcoin Reserve" is a proposed idea, not a current reality, where Arizona would hold Bitcoin as part of its state assets. Proponents argue this could hedge against inflation, diversify holdings, and position Arizona as a tech leader. However, legal and volatility challenges exist. While a full reserve is complex, Arizona has explored crypto-related legislation. This concept reflects growing interest in digital assets within state governance discussions nationwide. Recent Update: On April 28, 2025, the Arizona legislature passed bills to create a Bitcoin reserve and invest up to 10% of public funds in Bitcoin. These bills now await the governor's approval. If signed, Arizona would be the first US state to officially hold Bitcoin as part of its treasury.

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#BTCRebound Bitcoin (BTC) briefly traded above $84,000 before settling near $83,796, up over 4.5% in 24 hours. Despite recent volatility, BTC appears resilient in the face of economic and policy uncertainty. The U.S.-China tariff standoff remains a major market factor. President Trump recently paused most global tariffs for 90 days, while increasing levies on Chinese goods to 145%, prompting Beijing to respond with 125% tariffs on U.S. imports. This back-and-forth spurred a wave of volatility, but also gave Bitcoin room to breathe as traders digested the geopolitical impact.

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#TrumptaxCuts President Trump said the U.S. may substantially reduce or even eliminate federal income taxes once the new tariff regime is fully in place. The proposal could reshape the economic landscape, sparking debates around inflation, government spending, and the role of alternative assets like Bitcoin. How do you think this would impact the crypto market and the broader economy? Are you feeling bullish or bearish? Share your take! Create a post with the #TrumpTaxCuts or the $BTC cashtag, or share your trader’s profile and insights to earn Binance points! (Press the “+” on the App homepage and click on Task Center) Activity period: 2025-04-28 06:00 (UTC) to 2025-04-29 06:00 (UTC) Points rewards are first-come, first-served, so be sure to claim your points daily!

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Latest News

North Carolina Bitcoin Reserve Bill Advances in Legislative Process

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U.S. Treasury Secretary Comments on Trump's Negotiation Strategy

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Seed Stage Hype May Not Predict Startup Success, Says 1confirmation Founder

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U.S. Treasury Secretary Discusses Tariff Revenue and Tax Relief Opportunities

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21Shares Submits DOGE Spot ETF Application to Nasdaq

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