JUST IN: Michael Saylor hints at buying more Bitcoin. "Too much blue, not enough orange."

JUST IN: Michael Saylor hints at buying more Bitcoin. "Too much blue, not enough orange."
Click on the link to enter Tencent Meeting Live: https://meeting.tencent.com/p/9850662513 Good evening,everyone! I am your Da Bin teacher! Yesterday, both the US stock market and BTC maintained slight fluctuations, and the overall market sentiment was neutral. However, despite the small price fluctuations, the event density is exceptionally rich, and the structural signals behind it are worth digging deeper. In the field of encryption, the milestone event of the first compliance implementation after the repeal of SAB121 law has finally appeared, and JPMorgan Chase has officially launched a compliant lending business with Bitcoin and cryptocurrency ETFs as collateral. As one of the world's largest financial institutions, its action marks the first official recognition of the "fully financial product" status of cryptocurrency in traditional finance. Although KYC/AML processes still need to be followed, this pathway has been established, laying a compliance foundation for more flexible cryptocurrency financing in the future. At the same time, Circle's IPO also brought positive news, with oversubscription reaching up to 25 times. As the first company to focus on compliant issuance of US dollar stablecoins as its core business and move towards IPO, Circle's listing marks the official integration of cryptocurrency infrastructure into the Wall Street system. The market generally expects USDC to be the first stablecoin to comply with the requirements of the US stablecoin act and is expected to become an industry template for achieving stablecoin hard acceptance. In traditional markets, earthquakes are stronger. Trump once again called on the Federal Reserve and Powell to cut interest rates at ADP, but in reality, the current expectation of interest rate cuts is not even in the third quarter. Musk, who has always supported Trump's presidency, has also publicly expressed his break with Trump, criticizing his spending bill as "disgusting" and accusing lawmakers who support it of being "shameful". He even issued a statement today calling for the repeal of the bill. Musk pointed out that the bill would cause the US federal government deficit to surge to $2.5 trillion, increasing the burden on the nation, while Trump continued to push forward his policy agenda without making a clear response to Musk's criticism. In terms of geopolitics, Trump stated today that he has had a long conversation with Putin, but also indicated that Putin will retaliate against Ukraine. It seems that a ceasefire in the Russia Ukraine conflict cannot be achieved in the short term. Although these events have not had a significant impact on the market at present, they ultimately point to Trump's leadership over the United States. Whether it is the encryption industry, the macro market or the geographical pattern, the core logic is tightening around Trump's policy focus. Both the cryptocurrency industry and the US political economy have been on Trump's belt. Looking back at BTC's data, loss making investors are still the main force of turnover at present. Although the turnover rate has decreased compared to yesterday, it is still at a high level. The market is more concerned about Friday's non farm payroll data, especially the unemployment rate data, which is still one of the most important data that the Federal Reserve is most concerned about. However, from the current environment, unless there is a significant economic downturn, the probability of the Federal Reserve cutting interest rates before the end of the third quarter is still very low. In terms of support, the range of $93000 to $98000 is still the most stable support. Although more chips are shifting towards the range of $100000 to $105000, this group of investors still focus on short-term investments and are greatly influenced by short-term prices. Operation suggestion: BTC 104560 long. First target: 105700. Second target: 106500 ETH 2580 long first target to watch 2650 second target to watch 2710 Join the language community communication group to obtain more services 1. Real time troubleshooting (online one-on-one question answering and sorting) 2. Professional technical analysis and theoretical learning 3. Construction and improvement of trading system 4. Live streaming courses every day, contract termination, real-time order making, to help you successfully land! Every day, there are teachers in the group who provide precise positioning to answer questions and offer free guidance. Tencent Meeting Live: 985-066-2513 DingTalk Group Number: 120320009032 Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
OKX-BTC/USDT is currently trading at $104514.10, with a 5-minute decline of 0.03%. Please pay attention to market fluctuations.
According to Semafor, Republican Senator Cynthia Lummis of Wyoming is pushing to add provisions to her party's tax and spending bill to reform the way the United States taxes cryptocurrencies. The core content includes extending the "washout rules" of securities trading to the cryptocurrency sector, which is expected to generate billions of dollars in tax revenue, while exempting Bitcoin miners from the obligation to declare profits and losses. Lummis submitted a tax reform plan jointly developed with Senator Kirsten Gillibrand to Mike Crapo, Chairman of the Senate Finance Committee. Lummis emphasized that the current tax system has flaws that need to be corrected, while Gillibrand believes that the legislative timing is not yet ripe. Members of the Finance Committee have consulted with President Trump on the content of the bill, and Louisiana Senator Bill Cassidy revealed that the president is concerned about the "work account benefits" clause. If passed, this proposal will become the first systematic cryptocurrency tax framework in the United States.
The current price of ETH is $2600.82, with a drop of 1.03% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 10.25 million US dollars, with multiple orders being the main liquidation and 2.68 million US dollars (26.15%) of ETH liquidation. The data is for reference only.
OKX-BTC/USDT is currently trading at $104999, with a 5-minute drop of 0.33%. Please pay attention to market fluctuations.