Dear students, the big cake that everyone has been looking forward to has also broken the 100,000 integer mark. Some are happy, while others are worried! Those who got it shouldn't be arrogant, and those who didn't shouldn't be discouraged. Who doesn't eat dumplings during the New Year? The more air force there is, the higher the big cake rises. When will the air force admit defeat, and the big cake will come down. The big cake has broken through 103073 with volume, and the actual closing price at the hourly level is above 103073; continue to buy on the right side, and set a stop loss on a break. At 102871, the volume broke down, and the rebound could not recover; continue to sell on the right side, set a stop loss if it recovers, and pay attention to changes in volume, and set a proper stop loss. At 101525, a false breakdown occurred; recover with a light position for one more hand. If the low of the false breakdown or a break below 100731 occurs, set a stop loss; if it doesn't recover, don't buy more.
#交易故事 #新闻交易 PANews May 7 news, Web3 bank Vaulta (formerly EOS) announced on platform X that EOS tokens will become A tokens on May 14. The conversion ratio is 1:1, the token economics remain unchanged, there are no exchange fees, and the exchange can be completed through official channels on May 14. Earlier news indicated that EOS has transformed into a "web3 bank" and rebranded as Vaulta, planning to launch a new token. Related reading: EOS's disappointing "exit": rebranded as Vaulta to transform into a "Web3 bank", dressing up the ecological project exSat.
In the virtual currency market of $BTC , USDC (USD Coin) is a prominent presence. It is an open-source crypto stablecoin pegged 1:1 to the US dollar, launched jointly by Circle and Coinbase, with each USDC backed by a corresponding dollar held in a regulated account. Its advantages are clear: strong stability, unaffected by significant fluctuations in the crypto market; high liquidity, widely traded on mainstream exchanges; and good practicality, usable for various crypto transactions and payments. However, it also faces challenges, such as centralization issues and significant impact from regulatory changes. Recently, it received approval in Japan, with a market capitalization of $56 billion, and may play a greater role in payment and other fields in the future.
In the virtual currency market of $USDC , USDC (USD Coin) is a prominent entity. It is an open-source crypto stablecoin pegged 1:1 to the US dollar, launched jointly by Circle and Coinbase, with each USDC backed by a corresponding dollar deposited in a regulated account. Its advantages are clear: strong stability, not significantly affected by large fluctuations in the crypto market; high liquidity, widely traded on mainstream exchanges; and good practicality, usable for various crypto transactions and payments. However, it also faces challenges, including centralization issues and significant impacts from regulatory changes. Recently, it received approval in Japan, with a market capitalization of $56 billion, and it may play a greater role in fields such as payments in the future.
#MEME法案 reported by ChainCatcher, U.S. Senator Chris Murphy stated on the X platform that he will propose the 'MEME Act' to prohibit the President or members of Congress from issuing Meme coins. Murphy stated, 'Trump Coin is the biggest corruption scandal in the history of the White House' and will work with Congressman Sam Liccardo to promote legislation to curb such behavior.
According to Forbes reporter Eleanor Terrett, page 49 of the House's new market structure discussion draft aims to clarify that transactions involving the sale of digital goods do not constitute securities as long as they do not involve the buyer obtaining ownership interests in the issuer's business, profits, or assets. In other words, if you buy and sell digital goods on the secondary market rather than purchasing directly from the issuer, then unless that sale grants you some form of ownership or a claim to the company's profits or assets, it will not automatically trigger U.S. securities law.
According to Forbes reporter Eleanor Terrett, page 49 of the House's new market structure discussion draft aims to clarify that transactions involving the sale of digital goods do not constitute securities as long as they do not involve the buyer obtaining ownership rights to the issuer's business, profits, or assets. In other words, if you buy and sell digital goods on the secondary market rather than purchasing directly from the issuer, then unless that sale grants you some form of ownership or a claim on the company's profits or assets, it will not automatically trigger U.S. securities law.
In 2023, the United States made significant strides in stablecoin regulation. On March 13, local time, the U.S. Senate Banking Committee passed the "Guidance and Establishment of the U.S. Stablecoin National Innovation Act" (the "GENIUS Act") with a vote of 18 to 6, marking an important step toward the law. This act will regulate U.S. stablecoin issuers at the federal level. The legislation focuses on payment stablecoins and aims to create a clear regulatory framework to ensure transparency, accountability, and consumer rights, promoting their standardized use in the digital economy. The act clearly defines payment stablecoins, stating they must be denominated in national currency, with issuers committing to fixed exchange amounts, and not being classified as national currency or securities of investment companies. Issuance eligibility is strictly limited to approved insurance deposit institution subsidiaries, federally or state-certified non-bank payment stablecoin issuers. Issuers must hold 100% reserve assets, covering U.S. dollar cash, Federal Reserve Bank deposits, short-term U.S. Treasury securities, etc. They are required to publish monthly reserve composition reports audited by an independent accounting firm, with written certification from the CEO and CFO. In terms of custody, only federally or state-regulated financial institutions can provide services, with customer assets prioritized and prohibited from being included in the issuer's balance sheet. Regulatory violations will face penalties such as suspension of eligibility, cease and desist orders, civil fines, or even criminal penalties.
In 2023, the United States took important steps in stablecoin regulation. On March 13, local time, the U.S. Senate Banking Committee passed the "Guidance and Establishment of the U.S. Stablecoin National Innovation Act" (the "GENIUS Act") with a vote of 18 to 6, marking an important beginning for the bill to become law. The bill will regulate U.S. stablecoin issuers at the federal level. This legislation focuses on payment stablecoins, aiming to create a clear regulatory framework that ensures transparency, accountability, and consumer rights, and promotes their standardized application in the digital economy. The bill clearly defines payment stablecoins, which must be denominated in national currency, with issuers promising to exchange at a fixed amount and not being classified as national currency or investment company securities. Issuance eligibility is strictly limited to approved insured deposit institution subsidiaries and federally or state-certified non-bank payment stablecoin issuers. Issuers must hold 100% reserve assets, covering U.S. dollar cash, Federal Reserve Bank deposits, short-term U.S. Treasury securities, etc. They must publish a reserve composition report monthly, which must be audited by an independent accounting firm, with written certification from the CEO and CFO. In terms of custody, only federally or state-regulated financial institutions may provide services, with customer assets prioritized and prohibited from being included in the issuer's balance sheet. Regulatory violations may face disqualification, cease-and-desist orders, civil fines, or even criminal penalties.
$USDC Recently, something big has happened in the cryptocurrency world! The EU has officially passed the "Anti-Money Laundering Regulation," announcing a complete ban on anonymous cryptocurrency accounts and privacy coin transactions starting from July 1, 2027. Privacy coins like Monero and Zcash are on the blacklist. Cryptocurrency transactions over 1000 euros must undergo mandatory identity verification, and a new regulatory body, AMLA, has been established to oversee large cryptocurrency platforms. This ban is mainly aimed at combating financial crime and increasing transparency in the cryptocurrency industry. However, some people are worried that this might restrict innovation in cryptocurrencies and personal privacy.