$USDC This is a stablecoin pair (USDC/USDT), so price usually hovers very close to $1.00 due to the pegging mechanism. This chart does not present trading opportunities for profit from price movement (as it's not meant to).
Suitable Use Case:
Not for speculation/trading.
Best for arbitrage, liquidity pool provision, or stable hedging during volatile markets.
Could be useful in DeFi strategies (e.g., yield farming. staking, or cross-platform spreads).
Recommendation:
If you're looking to actively trade (BTC, ETH, altcoins), this chart is just for reference. For real trading strategies, stick to assets with volatility and trend setups like:
1. Acronym-Based Bill: The U.S. Congress often uses catchy acronyms (like CHIPS, CARES, etc.). "GENIUS" might stand for something like:
Generating Education and Innovation for U.S. Strength
Global Emerging National Innovation for U.S.
2. Tech/Al/Education Policy: Could involve:
Funding Al or STEM education
Encouraging U.S. tech dominance
Countering China or other geopolitical rivals in innovation
3. Recent Trend on Social Media: The hashtag might be trending due to a social or political campaign asking for a bill like this to be passed, rather than referencing an actual law.
Vietnam is gradually stepping into the crypto policy spotlight, and here's a full breakdown of what's happening with #Vietnam Crypto Policy and why it matters:
Current Crypto Landscape in Vietnam
1. Legal Status:
Cryptocurrency is not legal tender in Vietnam.
Trading and holding crypto is allowed, but not protected by law.
Crypto payments are prohibited only VND
(Vietnamese Dong) is accepted for goods/services.
2. Government's Stance:
The government sees blockchain as innovative, but crypto itself as high risk.
Focus remains on preventing money laundering and capital flight.
Rising tensions or direct confrontations between Israel and Iran, either through military actions, cyberattacks, or proxy conflicts (like in Syria, Lebanon, or Gaza).
This can include missile strikes, air raids, or nuclear threats.
Escalation in this conflict often causes concern globally due to its impact on Middle East stability.