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#USHouseMarketStructureDraft According to Odaily, a new draft discussion on market structure from the U.S. House of Representatives aims to clarify the classification of digital commodity transactions. As reported by Forbes journalist Eleanor Terrett, the draft specifies on page 49 that transactions involving the sale of digital commodities do not constitute securities, provided they do not grant the purchaser ownership rights in the issuer's business, profits, or assets. In essence, buying and selling digital commodities on the secondary market, rather than directly from the issuer, will not automatically trigger U.S. securities laws unless the sale confers ownership or claims to the company's profits or assets.
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#FOMCMeeting Get Ready for Market Mayhem! The Federal Reserve's FOMC meeting is just around the corner, and traders are bracing for impact. With the current interest rate locked at 4.25%-4.50% since December 2024, the big question is: will the Fed hold steady or signal a potential cut later this year? Market watchers are closely tracking key data points: - Q1 GDP contraction of 0.3% has sparked recession fears - April jobs report showed a solid +177,000 jobs added - Core PCE inflation rose 2.6% YoY Gold is shining bright at $3,357.63/oz, while bond yields dip in anticipation of potential rate cuts. The S&P 500 is on pause, awaiting Powell's remarks. What to expect: - Powell's cautious tone, focusing on inflation and job market stability - Potential rate cuts in July or December on the horizon Stay alert, traders! This meeting could set the tone for the 2025 market narrative. Buckle up for a wild ride!
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$SOL Solana Ready to Explode? Why May Could Be the Breakout Month for SOL! Solana (SOL) is heating up—trading at around $145.72 as of May 5, 2025, after a strong rebound from April’s dip near $115. That’s more than just a recovery—it’s a signal of growing momentum that’s turning heads across the crypto space. The RSI hovers near 68.75, edging close to overbought territory, yet still in the green zone for further gains. SOL also remains comfortably above its 9-day SMA, reinforcing bullish sentiment. But here’s the kicker: SOL is bumping up against a critical resistance between $153 and $155. A decisive breakout here could send the price flying into a new rally phase. On the flip side, consolidation may occur if it fails to breach that level, with $130 acting as the key support. With rising volume and renewed interest, Solana might just be gearing up for a big move. Is now the time to load up before the breakout? The charts say: keep your eyes open.
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#USStablecoinBill As of May 5, 2025, the U.S. stablecoin market is experiencing significant developments. The total market capitalization has reached an all-time high of $242.98 billion, marking a 19.5% increase since the beginning of the year. In the political arena, a bipartisan stablecoin regulation bill faces challenges in the U.S. Senate. Nine Senate Democrats have withdrawn their support, citing concerns over anti-money laundering provisions and potential conflicts of interest, particularly related to the Trump-affiliated USD1 stablecoin. USD1, launched by World Liberty Financial, a company linked to Donald Trump, is under scrutiny after being used in a $2 billion investment deal with Abu Dhabi-based MGX into Binance. Meanwhile, leading stablecoins like Tether (USDT), USD Coin (USDC), and DAI continue to maintain their pegs close to $1. Notably, Tether and USDC have collectively frozen over $1.3 billion in assets in cooperation with law enforcement, doubling the amount frozen in the previous year. These developments underscore the dynamic nature of the stablecoin market and the ongoing debates surrounding its regulation.
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#MarketPullback Daily Candle Closing Below 93500$ Will Continue To Down Trend Price Action. Most Probably Price Will Come Down To The 90950$ Price Range. If It Holds That Price Range Then 100k Is Coming, If Breaks Down 88k Is Confirmed. ⚠️ 7th May Is A Very Important Day. Fed Interest Rate Will Be Published And Also Press Conference If Interest Rate Comes Higher Than Very Bad For The Market. Also If There Is No Rate Cute Announcement Happen Market Will Follow The Price Action Trend.
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