U.S. Senate Does Not Pass GENIUS Act Due to Doubts About Anti-Money Laundering and National Security Provisions
According to reports, the U.S. Senate did not pass the key procedural vote on the GENIUS Act. Some Democratic lawmakers who had previously supported the bill switched to opposition during Thursday's vote due to doubts about the anti-money laundering and national security provisions in the latest version. Republicans pushed for the vote but failed to gain enough support, and the bill is temporarily shelved. The White House had originally planned to sign the cryptocurrency legislation agreement in the Rose Garden in August, but the prospects are now unclear.
You can see the trading data, and now it is basically large investors selling off, with retail investors picking up the shares.
Racquel Genier jmVP
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Bearish
$BTC The dealers and institutions are offloading, while retail investors and small capital are catching on. Haha, a waterfall is about to happen, and we still have to hold on.
$BTC The dealers and institutions are offloading, while retail investors and small capital are catching on. Haha, a waterfall is about to happen, and we still have to hold on.
SEC Commissioner Criticizes Poor Management of Bitcoin ETF Approval
According to reports by Wu, SEC Commissioner Hester Peirce stated in an interview that the approval process for spot Bitcoin ETFs is 'seriously mismanaged.' She criticized the regulatory agency for its 'weak explanations for changing its mind.'
Peirce urged market participants to be patient with the approval of Exchange-Traded Products (ETPs) for cryptocurrencies. She noted that the SEC is dealing with multiple lawsuits and other issues, and emphasized that SEC approval does not mean the product is a good investment; investors should make their own judgments.
$BTC Really can't imagine how long a surge without news influence can last, whether it's for unloading or to let more people stand on the mountaintop, is obvious.
Whether to play in this circle or not, it doesn't matter. The output is much larger than the input, and the prices are continuously rising. This is a game of capital; if you're not careful, you could get eaten. The way they're eating is too ugly. All this talk about the center of the zone and looking for support is just a pretext, haha 😂. I'm withdrawing; I will never play again. I advise everyone: right now, going long is ten times more risky than going short, so don't chase the highs; it's easy to get trapped.
#MEME法案 Trump plays with coins, stock trading strategy, pump up, then release a series of negative news, crash the market, buy at low prices, and so on in a cycle. I'm waiting below to buy, anyway, I'm not chasing the highs.