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#USStablecoinBill The U.S. Senate's efforts to regulate stablecoins have encountered significant challenges. The bipartisan Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, introduced by Senators Bill Hagerty (R-TN) and Kirsten Gillibrand (D-NY), aims to establish a federal licensing framework for stablecoin issuers, enforce one-to-one reserve backing, and implement anti-money laundering (AML) compliance measures. However, recent developments have seen nine Senate Democrats withdraw their support, citing concerns over inadequate provisions for AML, national security, and consumer protection. Additionally, ethical questions have arisen due to the Trump family's involvement in stablecoin ventures, particularly with World Liberty Financial's USD1 token, which has secured significant foreign investments. The bill's future remains uncertain, with Democrats seeking further revisions to address these issues. This situation underscores the complexities of crafting effective cryptocurrency legislation amidst political and ethical considerations.
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#MarketPullback #MarketPullback 📉 Bitcoin Update for Traders – BTC/USDT 🕵️♂️ What Happened: ✅ As expected, BTC dropped quickly to $93,900 to liquidate over-leveraged futures positions. 💪 Price recovered above $94,300 – a positive sign in the short term. ⏳ What’s Next: 📆 Tomorrow: Small upside move possible. 🏦 Key Event in 2 Days: • Rate Cut: Market may rally toward $100K • Rate Hold: Expect sideways action. ⚠️ Note: BTC is moving sideways; only altcoins are reacting due to rising dominance.
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یہ جوا ہے
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#VIRTUAL Long Setup (Bullish Bias) Entry Point: ~$1.65 to $1.70 (pullback zone) Stop Loss: ~$1.55 (below key support) Take Profit Targets: TP1: $1.80 (recent resistance) TP2: $1.95 (next breakout level) TP3: $2.10+ (momentum continuation) Short Setup (Bearish Bias) Entry Point: ~$1.78 to $1.80 (near resistance rejection) Stop Loss: ~$1.85 (above breakout zone) Take Profit Targets: TP1: $1.65 (support area) TP2: $1.55 (deeper retracement) TP3: $1.40 (major support) Note: Use proper risk management (e.g. 1–2% of your capital) and confirm with real-time chart analysis (candlestick patterns, RSI, volume). $BTC $VIRTUAL
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