“Today's Cryptocurrency News Briefing —— Whales Increasing BTC Holdings, Panama Opens to Crypto Payments”
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Content Body:
1. Whales Continue to Accumulate Bitcoin
According to Glassnode data, wallets holding over 10,000 BTC are continuing to buy, while retail selling volume is decreasing, and market sentiment is gradually recovering.
2. BNB Breaks $590
Binance Coin (BNB) has risen 1.24% in the past 24 hours, showing strong rebound signals after experiencing a pullback.
3. Panama Officially Accepts Cryptocurrency for Taxes
The Panamanian government announced the acceptance of BTC, ETH, stablecoins, etc., as legal payment methods for taxes and fines, marking an important step in its friendly policy towards crypto assets.
4. OM Plummets, Whales Offload En Masse
The token of the Mantra project, $OM, has faced significant sell-offs, with 43M OM being liquidated by whale addresses, raising community concerns about the project's stability.
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Market Commentary:
• The current price of Bitcoin is approximately $84,500, with trading volume down 21% for the day.
• XRP and ADA may experience rebounds in the second quarter driven by favorable policies and institutional buying.
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