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$BTC Bitcoin Breaks Out Again, but Bulls Must Protect Key Levels Bitcoin is exhibiting indications of resilience after months of selling pressure from all-time highs, trying to validate a market-lifting bullish scenario. Bulls gained momentum after breaking over $90K, fuelling anticipation for a six-figure push. Market concerns including macroeconomic uncertainty and global trade wars continue to weigh on investor morale. After over a week of tight consolidation and constricted price activity, Daan suggested BTC had broken out of the $93K–$96K zone. A similar compression pattern led to an upward breakthrough days earlier. Daan says this breakthrough is promising but must be guarded. Reversing into the $93K–$96K zone would undercut the rise and imply a liquidity grab rather than a sustained breakout. Bitcoin is trading well, but the next few sessions are crucial. Reclaiming $100K becomes more feasible if bulls can maintain above $96K and generate momentum. Otherwise, retracement and volatility are possible. Bitcoin is at $97,015 after breaking critical resistance levels and continuing its mid-April advance. The 4-hour chart indicates a clear breach above the $93K–$96K consolidation area after a week of compression. Prices have been above $95K since the breakthrough, showing strong demand and controlled upward momentum. The 200-period SMA ($86,572) and EMA ($89,048) are well below current levels, indicating that Bitcoin is above its medium-term support zones. This supports bullish structure and predicts a healthy retest of the $90K–$92K zone rather than a breakdown. Volume increased dramatically during the breakout on April 23–24 and has stayed high, confirming the move technically. Current resistance is psychological $100K, with a secondary objective at $103,600. Bulls must sustain momentum and prevent a severe rejection below $95K, which might indicate a failed breakout and allow profit-taking. The trend is optimistic with upward potential, but traders should watch for fatigue around resistance.
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#AppleCryptoUpdate BREAKING: 🚨 APPLE STUNS THE WORLD — CRYPTO NOW ALLOWED FOR IN-APP PURCHASES ON THE APP STORE! This is a game-changer — the doors to mainstream crypto adoption just burst wide open. Apple has officially embraced crypto, marking a major turning point. The future of digital payments just got a massive upgrade!
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$BTC As the world embraces the digital revolution, governments are stepping in to bring clarity and structure to the rapidly growing crypto space. The introduction of the Digital Asset Bill marks a major turning point in the way digital currencies and blockchain-based assets are regulated, offering a framework that aims to protect users, attract innovation, and establish legitimacy. 🔍 What is the Digital Asset Bill? The Digital Asset Bill is a proposed regulatory framework that defines and governs the use, trading, and taxation of digital assets such as cryptocurrencies, stablecoins, and tokenized assets. It outlines the responsibilities of exchanges, wallet providers, and digital asset custodians, while also laying down investor protection measures and compliance protocols. ✅ Key Highlights: - Legal Clarity: The bill provides a clear definition of digital assets, distinguishing them from securities or traditional currencies. - Consumer Protection: Stronger safeguards for investors, including anti-fraud provisions and dispute resolution mechanisms. - KYC & AML Compliance: Mandates platforms to follow strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies. - Taxation Framework: Specifies how gains from digital assets will be taxed, aiming for transparency and accountability. - Boost for Innovation: Encourages startups and institutions to build in a legally secure environment. 🌍 Why It Matters For users and platforms like Binance, this bill signals a shift toward mainstream acceptance and trust. By introducing a regulated ecosystem, it paves the way for institutional adoption, smoother cross-border payments, and a more secure crypto market. As digital assets continue to reshape finance, having a solid legal framework is crucial. The Digital Asset Bill is not just about regulation — it’s about building a sustainable, transparent, and inclusive digital economy. #DigitalAssetBill #CryptoRegulation #Binance #web3 #BlockchainLaw #CryptoCompliance ce #cryptotax #DigitalFinance
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#DigitalAssetBill As the world embraces the digital revolution, governments are stepping in to bring clarity and structure to the rapidly growing crypto space. The introduction of the Digital Asset Bill marks a major turning point in the way digital currencies and blockchain-based assets are regulated, offering a framework that aims to protect users, attract innovation, and establish legitimacy. 🔍 What is the Digital Asset Bill? The Digital Asset Bill is a proposed regulatory framework that defines and governs the use, trading, and taxation of digital assets such as cryptocurrencies, stablecoins, and tokenized assets. It outlines the responsibilities of exchanges, wallet providers, and digital asset custodians, while also laying down investor protection measures and compliance protocols. ✅ Key Highlights: - Legal Clarity: The bill provides a clear definition of digital assets, distinguishing them from securities or traditional currencies. - Consumer Protection: Stronger safeguards for investors, including anti-fraud provisions and dispute resolution mechanisms. - KYC & AML Compliance: Mandates platforms to follow strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies. - Taxation Framework: Specifies how gains from digital assets will be taxed, aiming for transparency and accountability. - Boost for Innovation: Encourages startups and institutions to build in a legally secure environment. 🌍 Why It Matters For users and platforms like Binance, this bill signals a shift toward mainstream acceptance and trust. By introducing a regulated ecosystem, it paves the way for institutional adoption, smoother cross-border payments, and a more secure crypto market. As digital assets continue to reshape finance, having a solid legal framework is crucial. The Digital Asset Bill is not just about regulation — it’s about building a sustainable, transparent, and inclusive digital economy. #DigitalAssetBill #CryptoRegulation #Binance #web3 #BlockchainLaw #CryptoCompliance ce #cryptotax #DigitalFinance
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$USDC According to PANews, a UK-based cryptocurrency mining platform, BTCMining, has been ordered to shut down by the court due to allegations of international fraud. The company, which offered 'cloud mining' services to clients in various countries, failed to deliver promised returns and blocked users from withdrawing funds. An investigation by the UK Insolvency Service revealed several violations by the company, which was established in January 2024. These include a falsified registered address, the disappearance of its sole director, and the closure of its website. Victims from countries such as Estonia and Mauritania have reported losses exceeding $18,000, although the actual amount defrauded may be higher. The Manchester High Court made the decision to close the company following a hearing on April 28.
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