#BreakingCryptoNews China Considers Yuan-Backed Stablecoins | Mohsinali41 on Binance Square

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#BreakingCryptoNews  China Considers Yuan-Backed Stablecoins
🇨🇳 China may issue new stablecoins pegged to the yuan, aiming to boost its currency’s global use. This marks a shift from earlier strict crypto rules.

#ChinaCrypto  #stablecoin #FOMCMinutes #BinanceHODLerPLUME 

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About Bitcoin Based on the high-time-frame chart, Bitcoin is currently consolidating after a significant rally. The price is trading near $114,235, with strong support levels around the $100,000-$105,000 range. The current resistance is the all-time high of $121,756.$BTC The next likely move depends on key support and resistance levels. A sustained break above the all-time high could signal a strong bullish continuation. Conversely, a drop below the current support could see a retest of the $100,000 level. The Stochastic RSI indicates that a bounce could be imminent. Disclaimer: This is not financial advice. Do your own research before investing. #FOMCMinutes #BinanceHODLerPLUME #ETHInstitutionalFlows #PowellWatch #MarketPullback

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#BreakingCryptoNew Thailand to Let Tourists Pay Crypto in Baht 🇹🇭 Thailand is launching a pilot program allowing tourists to convert crypto into Thai baht for spending—aimed at rejuvenating its tourism. #ThailandCrypto #FOMCMinutes #BinanceHODLerPLUME #ETHInstitutionalFlows $BTC $ETH

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#BreakingCryptoNew US Stablecoin Rules Signal Big Shift Treasury Secretary Scott Bessent may push stablecoins to support U.S. government debt through the GENIUS Act. This could integrate crypto with traditional finance in a big way. #CryptoPolicyAdvocacy #FOMCMinutes #BinanceHODLerPLUME #ETHInstitutionalFlows $BTC $ETH

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#BreakingCryptoNew Ethereum ETFs See $200M in Withdrawals Institutional investors pulled nearly $200 million from US Ethereum spot ETFs amid caution ahead of the Fed’s Jackson Hole speech. #EthereumETFs #InstitutionalOutflows #BinanceHODLerPLUME #FOMCMinutes $BTC $ETH

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#BreakingCryptoNews UK Sanctions Crypto Networks Tied to Russia 🇬🇧 The UK has sanctioned crypto networks and Kyrgyz firms that it claims help Russia bypass international financial restrictions. #CryptoSanctions #russia #FOMCMinutes #BinanceHODLerPLUME $BTC $ETH

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