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$BTC Dominance Just Broke a Critical Support Level 🔻 BTC dominance has officially closed below a major support — a key sign that altcoins are gaining serious momentum. 🟢 If the trend continues, the altcoin rally could be far from over. And if we break the 60% dominance mark? That’s checkmate — the full collapse of BTC dominance could begin. Let the altcoin wave roll.
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#CryptoRegulation President Donald Trump is expected to sign new legislation related to cryptocurrency regulation before the August congressional recess, according to recent statements from White House officials. This move marks a significant step in the administration’s approach to digital assets, aiming to establish clearer rules and protections for the rapidly evolving crypto industry. Alongside this, discussions about creating a strategic Bitcoin reserve are gaining momentum within the administration. Supporters say such a reserve could help strengthen the U.S. position in the global digital economy. These developments suggest a major shift in how the U.S. government may handle cryptocurrencies going forward.
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#CryptoRegulation No defined regulation is used to regulate cryptocurrency in the U.S. as of 2025. However, a major crypto legislation was introduced in 2024, i.e. the Financial Innovation and Technology for the 21st Century Act (or FIT21), that has been passed by the U.S. House of Representatives but has not yet been enforced. The legislation is aimed at emphasizing the role of the Commodity Futures Trading Commission (CFTC) as a lead crypto regulator in the U.S.
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#BinanceWordOfTheDay #binancewodl FLEXIBLE
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