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Chemist Ansar
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I will hold it till the completion of my order. No matter when bullish start...
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#USHouseMarketStructureDraft – May 6, 2025 U.S. House Republicans have proposed a new draft bill to define crypto market structure and clarify roles between the SEC and CFTC. The goal is to establish clearer rules for crypto classification and trading. However, Democrats are pushing back. Rep. Maxine Waters has vowed to block a joint hearing on the draft, citing regulatory concerns. For Binance users, this could shape the future of crypto regulations in the U.S. Stay alert for shifts in compliance and market behavior.
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#FOMCMeeting Update – May 7, 2025 The Federal Reserve is expected to keep interest rates unchanged today at 4.25%–4.50%. Fed Chair Jerome Powell will speak after the decision, likely emphasizing a cautious stance due to ongoing inflation and labor market concerns. For crypto traders on Binance, this could mean short-term market swings. Watch BTC and ETH closely—Fed tone may shift sentiment fast.
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#USStablecoinBill The U.S. Senate is advancing the GENIUS Act—a new bipartisan bill to regulate stablecoins. It proposes strict 1:1 reserves, bans algorithmic stablecoins, and introduces federal oversight for large issuers. However, 9 Senate Democrats recently pulled support over money laundering concerns and potential conflicts of interest. The bill is still expected to move forward in the coming weeks.
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#MarketPullback After a strong rally in recent weeks, the crypto market is experiencing a healthy pullback. Bitcoin and altcoins are seeing minor corrections as traders take profits and reassess positions. This dip could present a buying opportunity for those waiting on the sidelines. Always remember to do your own research and manage risk carefully.
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