16 Apr 2025 #BinanceWordOfTheDay #binancewordofthedayanswers | Prince_ 1986 on Binance Square

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16 Apr 2025 #BinanceWordOfTheDay #binancewordofthedayanswers #4letters #answerwotd 🎁APPS TOOL  correct word of the day 🎁 SAFE✅

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$BTC According to Crypto Rover, Bitcoin is preparing for another major breakout as indicated by recent price consolidations and tightening trading ranges (source: @rovercrc on Twitter, May 2, 2025). Technical analysis highlights increasing bullish momentum and reduced volatility, signaling potential for a significant upward move Key Indicators: Relative Strength Index (RSI): 50.12, indicating neutrality Average True Range (ATR): 840.11, reflecting moderate volatility Average Directional Index (ADX): 62.18, showing a strong trend Simple Moving Average (SMA): 50-day SMA: $94,361.93 200-day SMA: Not available, but the price is above the 200-day EMA ($84,156.75), indicating a potential long-term uptrend Parabolic SAR: $94,070.00, suggesting a potential buy signal Support and Resistance Levels: Support levels: $93,500, $93,000, and $92,500 Resistance levels: $94,400, $94,800, and $95,000 Market Sentiment: Given the current price above the pivot point ($94,000) and bullish indicators, the market sentiment is cautiously bullish. However, the RSI and other indicators suggest neutrality, so caution is advised

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$BTC situation these days with a pile of coins that are going up in turtle walk 😂 $ADA $DOGE

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#DigitalAssetBill In late April 2025, House Republicans introduced a new draft bill aimed at establishing a comprehensive regulatory framework for digital assets ahead of the May 6 congressional hearing. The proposed legislation builds on the foundation set by earlier bills like FIT21 but includes updates intended to clarify the responsibilities of federal agencies and provide clearer guidelines for innovators and investors in the crypto space. The draft bill seeks to formalize the division of oversight between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). Under the proposal, the CFTC would regulate digital commodities such as Bitcoin, while the SEC would handle digital assets that resemble securities. The bill also outlines requirements for stablecoin issuers, digital asset exchanges, and custodians, including registration mandates, customer protection rules, and transparency standards. Notably, the bill emphasizes the importance of innovation and seeks to foster a regulatory environment that does not stifle growth in blockchain and cryptocurrency technologies. It also calls for the creation of a joint advisory council composed of industry experts and regulators to provide ongoing input on implementation. As Congress prepares for the May 6 hearing, this draft sets the stage for negotiations that could shape the future of U.S. digital asset policy.

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