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#CryptoClarityAct US Senate Republicans have released a draft bill titled the "Responsible Financial Innovation Act" that builds upon the CLARITY Act passed by the House last week. The bill introduces clear regulatory frameworks for digital assets, including a new "ancillary assets" classification for non-security tokens and a proposed Regulation DA that would exempt certain token sales from SEC registration. 💬With the Senate's draft bill introducing new asset classifications and regulatory exemptions, how might this shape the future of crypto innovation in the US, and what challenges could arise in its implementation? 👉 Complete daily tasks on Task Center to earn Binance Points:
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$BNB ENTERS AGGRESSIVE BREAKOUT PHASE $BNB has surged above multiple resistance lines after holding a strong higher-low structure on the support trendline. The breakout above the macro resistance triggered a vertical rally that now faces temporary consolidation near the $760 level. This area could act as a springboard for continuation if buyers step in again. The technical target points toward the $800–$810 region based on the ascending channel projection. OVERALL TREND DIRECTION: bullish TARGET WATCH: 800–810 area
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#TrumpBitcoinEmpire Since President Trump's election in November, the price of bitcoin has skyrocketed. On Election Day 2024, one bitcoin traded below $75,000. Last week, bitcoin reached an all-time high of over $123,000. (On Monday, it hovered around $118,000.) This is not an accident. Trump has systematically used the power of the presidency to promote bitcoin and other cryptocurrencies. On Monday, Trump Media & Technology Group (TMTG), a publicly traded company majority-owned by Trump, announced that it had acquired $2 billion in bitcoin. Trump is turning a failing media company into a bitcoin holding company. TMTG, the parent company of Truth Social, lost over $185 million on just $3.6 million in revenue in 2024. TMTG is mimicking a strategy pioneered by Microstrategy. The company, now known as Strategy, officially sells software and other technology services, but it is really in the business of buying bitcoin. (Strategy and similar bitcoin-focused companies are valued far above their actual bitcoin holdings, for reasons that aren’t entirely clear.) If the price of bitcoin continues to rise, the move could pay off handsomely for TMTG and Trump. The difference is that TMTG does not just have to hope bitcoin prices rise. Trump has the authority to take actions that will drive the price of bitcoin higher. If recent history is any guide, that is exactly what Trump will do.
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#BTCvsETH The non-fungible token market appears to be benefiting from the broader cryptocurrency market rally, with overall NFT market capitalization surpassing $6 billion. However, investors should remain cautious, analysts said. The global NFT market cap has risen to $6.04 billion at the time of writing, up 16.9% in the past 24 hours and reaching its highest level since early February, according to CoinGecko data. CryptoSlam data showed that the NFT sales volume across the global market surged 154% to reach $41.4 million in the past 24 hours.
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$SOL Check out my latest trade. Let's see if you can top it!
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