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🚀 Virus Version (English, Highly Eye-Catching) $GMT 🚀 Just broke through the 4-hour consolidation range, a strong bullish candle ignites the market! 📈 After a long period of sideways movement, the bulls have finally entered, and the momentum is clear 💪. The market is also leaning towards the buyers, now is a good time to enter 🔥 Entry range: 0.01780 – 0.01800 💵 Stop loss: 0.01745 ❌ 🎯 Target: 0.01860 → 0.01920 → 0.02000 🚀🌟 If there is a slight pullback confirming support, it will be the start of the next wave of upward movement! ⬆️ #GMT #CryptoTrading #趋势 #币圈 #爆发瞬间
🚀 Virus Version (English, Highly Eye-Catching)

$GMT 🚀 Just broke through the 4-hour consolidation range, a strong bullish candle ignites the market! 📈
After a long period of sideways movement, the bulls have finally entered, and the momentum is clear 💪.
The market is also leaning towards the buyers, now is a good time to enter 🔥
Entry range: 0.01780 – 0.01800 💵
Stop loss: 0.01745 ❌
🎯 Target: 0.01860 → 0.01920 → 0.02000 🚀🌟
If there is a slight pullback confirming support, it will be the start of the next wave of upward movement! ⬆️
#GMT #CryptoTrading #趋势 #币圈 #爆发瞬间
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For beginners entering the trading market, being able to understand bullish candlestick patterns is like receiving a "guide to capturing rises." No longer relying on gut feelings to guess price movements, following the signals from patterns greatly increases the chances of seizing opportunities. Below are 8 classic patterns that transition from "decline to rise" and "rise to continuation" that help you turn vague trends into clear entry points. First, let's look at 4 reversal patterns that cause a downward trend to "turn upwards." The double bottom pattern resembles a "W", where the price tests the bottom twice without breaking support. Once it breaks the neck line, it is a good entry signal. The triple bottom has one more test of the bottom compared to the double bottom, with support being repeatedly validated, and the trend after the breakout is often more stable. In the inverted head and shoulders pattern, the middle low point is called the "head," and the slightly higher low points on both sides are the "shoulders." After breaking the neck line, there is usually considerable upward space. The descending wedge seems to continuously decline, but the fluctuations gradually narrow, making it easy to rebound after breaking through the upper line. Next, let's look at 4 continuation patterns in an upward trend. The ascending triangle has a gradually rising bottom, with the highs remaining roughly flat. After breaking through the upper boundary, the bullish signal is clear. The bullish wedge gradually converges during the upward process; although the highs and lows rise simultaneously, the distance between them becomes smaller, and after the breakout, the upward trend often continues. The bullish flag pattern first has a rapid rise as the flagpole, then enters a consolidation to form the flag surface, and after ending, it often continues to rise. The bullish symmetrical triangle is a converging pattern of bulls and bears, and when it finally breaks upwards, the market is likely to start quickly. Mastering these 8 types of patterns not only makes the entry points clearer but also makes setting stop losses and target levels easier. For beginners, this is not a theory to be memorized but an effective tool to help you understand market language. Trading is not purely based on luck; finding the right method and receiving guidance can turn even the most complex situations around. @abaaaa1221 #ETH巨鲸增持 #趋势 #趋势分析
For beginners entering the trading market, being able to understand bullish candlestick patterns is like receiving a "guide to capturing rises." No longer relying on gut feelings to guess price movements, following the signals from patterns greatly increases the chances of seizing opportunities.
Below are 8 classic patterns that transition from "decline to rise" and "rise to continuation" that help you turn vague trends into clear entry points.
First, let's look at 4 reversal patterns that cause a downward trend to "turn upwards." The double bottom pattern resembles a "W", where the price tests the bottom twice without breaking support. Once it breaks the neck line, it is a good entry signal. The triple bottom has one more test of the bottom compared to the double bottom, with support being repeatedly validated, and the trend after the breakout is often more stable. In the inverted head and shoulders pattern, the middle low point is called the "head," and the slightly higher low points on both sides are the "shoulders." After breaking the neck line, there is usually considerable upward space. The descending wedge seems to continuously decline, but the fluctuations gradually narrow, making it easy to rebound after breaking through the upper line.
Next, let's look at 4 continuation patterns in an upward trend. The ascending triangle has a gradually rising bottom, with the highs remaining roughly flat. After breaking through the upper boundary, the bullish signal is clear. The bullish wedge gradually converges during the upward process; although the highs and lows rise simultaneously, the distance between them becomes smaller, and after the breakout, the upward trend often continues. The bullish flag pattern first has a rapid rise as the flagpole, then enters a consolidation to form the flag surface, and after ending, it often continues to rise. The bullish symmetrical triangle is a converging pattern of bulls and bears, and when it finally breaks upwards, the market is likely to start quickly.
Mastering these 8 types of patterns not only makes the entry points clearer but also makes setting stop losses and target levels easier. For beginners, this is not a theory to be memorized but an effective tool to help you understand market language.
Trading is not purely based on luck; finding the right method and receiving guidance can turn even the most complex situations around. @俊子爱币
#ETH巨鲸增持 #趋势 #趋势分析
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#趋势 has finished work! Professional traders take a little and leave, then trade around a candlestick.
#趋势 has finished work! Professional traders take a little and leave, then trade around a candlestick.
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The future trend of Bitcoin is full of potential, but it is also accompanied by challenges. With the increase of institutional investment and the promotion of technological innovation, Bitcoin may continue to grow steadily. However, changes in the regulatory environment and market volatility remain factors that need attention. On the whole, investors should pay close attention to market dynamics and carefully assess risks to make wise investment decisions. #威客电竞 #btc #趋势
The future trend of Bitcoin is full of potential, but it is also accompanied by challenges. With the increase of institutional investment and the promotion of technological innovation, Bitcoin may continue to grow steadily. However, changes in the regulatory environment and market volatility remain factors that need attention. On the whole, investors should pay close attention to market dynamics and carefully assess risks to make wise investment decisions.

#威客电竞 #btc #趋势
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$DOP (Data Ownership Protocol) is in the final rounds of private sales. dop.org will end in a few hours. Private Sale: privatesale.dop.org Access code: 5356288697 The private sale price is $0.08, but don’t be surprised if the price rises to $5 within a few days of listing as it is a coin in high demand. #binance#趋势
$DOP (Data Ownership Protocol) is in the final rounds of private sales. dop.org will end in a few hours.
Private Sale: privatesale.dop.org
Access code: 5356288697
The private sale price is $0.08, but don’t be surprised if the price rises to $5 within a few days of listing as it is a coin in high demand.
#binance#趋势
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The TVL on the ETH chain has exceeded the TVL during last December's bull market when Trump was elected. However, except for Bitcoin, the prices of over 99% of altcoins, including ETH, are still significantly lower compared to last December. On-chain liquidity has started to gradually fill up, perhaps the season for quality altcoins is truly on the horizon. #eth #btc #山寨 #趋势 #TVL $ETH $UNI
The TVL on the ETH chain has exceeded the TVL during last December's bull market when Trump was elected.

However, except for Bitcoin, the prices of over 99% of altcoins, including ETH, are still significantly lower compared to last December.

On-chain liquidity has started to gradually fill up, perhaps the season for quality altcoins is truly on the horizon.

#eth #btc #山寨 #趋势 #TVL $ETH $UNI
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The core elements of successful trading are: following the trend, stop loss, rules, and execution Three basic concepts of trend: 1. It takes time for a new trend to develop, and it cannot be reversed by a long positive or negative trend in one day; 2. Once a trend is established, it will continue for a period of time; 3. The advancement of the trend is tortuous, not a straight line. #交易法则 #趋势
The core elements of successful trading are: following the trend, stop loss, rules, and execution
Three basic concepts of trend:
1. It takes time for a new trend to develop, and it cannot be reversed by a long positive or negative trend in one day;
2. Once a trend is established, it will continue for a period of time;
3. The advancement of the trend is tortuous, not a straight line.
#交易法则 #趋势
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Basics of Technical Analysis 02: Fundamental Concepts of TrendsThere are three basic principles of technical analysis, one of which is: the market evolves in a trending manner. So, what is a trend? How should we interpret market trends and utilize them? In technical analysis, the concept of trends is absolutely the core content. All the tools we use to analyze charts, such as support & resistance, moving averages, price patterns, etc., are to help us see market trends clearly, so we can trade along with the trend. There are three directions of trends: Upward Trend Downward Trend Horizontal Extension (also known as a range) Three Types of Market Trends

Basics of Technical Analysis 02: Fundamental Concepts of Trends

There are three basic principles of technical analysis, one of which is: the market evolves in a trending manner.
So, what is a trend? How should we interpret market trends and utilize them?
In technical analysis, the concept of trends is absolutely the core content. All the tools we use to analyze charts, such as support & resistance, moving averages, price patterns, etc., are to help us see market trends clearly, so we can trade along with the trend.
There are three directions of trends:
Upward Trend

Downward Trend
Horizontal Extension (also known as a range)

Three Types of Market Trends
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105K above, bulls are regaining strength, is the rebound about to take off? Bitcoin surprised us again today, making a short-term rise above $105,300, with an intraday increase of nearly +3%. Currently, on the hourly level, the moving averages have completely formed a bullish arrangement (MA7 > MA25 > MA99), and momentum has clearly returned. From a technical perspective: On the hourly chart, around $105,500 is a key resistance; if it breaks through here, it is expected to directly rush towards 108,000–108,500. The support below is tentatively seen around 104,700–105,000; if this level is breached, the rebound structure will raise a question mark. On the daily level, MA25 is pressing near 108K, which is a strong mid-term resistance area; without significant volume, it will be difficult to break through. My thoughts: Short-term bias is bullish. My personal strategy is: After a breakout above 105.5K, if there is a pullback that doesn't break, consider going long; Target levels: 108K, then look at 112–114K; Defense level: If it breaks below 104.7K, reduce position and exit. If it goes up but the volume doesn't follow and gets pushed back below 105K, it could just be a false breakout, at which point the bears may regain dominance. 105K is now the dividing line between bulls and bears. If it stabilizes here, the market will continue to look for a rebound; If it cannot hold, we need to wait for a better rhythm. Support: 105K / 104K / 101K Resistance: 105.5K / 108K / 114K Current trend: Short-term bias is bullish, mid-term is still under repair #比特币 #技术 #趋势 #币安 {future}(BTCUSDT)
105K above, bulls are regaining strength, is the rebound about to take off?

Bitcoin surprised us again today, making a short-term rise above $105,300, with an intraday increase of nearly +3%.

Currently, on the hourly level, the moving averages have completely formed a bullish arrangement (MA7 > MA25 > MA99), and momentum has clearly returned.

From a technical perspective:
On the hourly chart, around $105,500 is a key resistance; if it breaks through here, it is expected to directly rush towards 108,000–108,500.
The support below is tentatively seen around 104,700–105,000; if this level is breached, the rebound structure will raise a question mark.
On the daily level, MA25 is pressing near 108K, which is a strong mid-term resistance area; without significant volume, it will be difficult to break through.

My thoughts:
Short-term bias is bullish.

My personal strategy is:
After a breakout above 105.5K, if there is a pullback that doesn't break, consider going long;

Target levels: 108K, then look at 112–114K;

Defense level: If it breaks below 104.7K, reduce position and exit.

If it goes up but the volume doesn't follow and gets pushed back below 105K, it could just be a false breakout, at which point the bears may regain dominance.

105K is now the dividing line between bulls and bears.

If it stabilizes here, the market will continue to look for a rebound;

If it cannot hold, we need to wait for a better rhythm.


Support: 105K / 104K / 101K

Resistance: 105.5K / 108K / 114K

Current trend: Short-term bias is bullish, mid-term is still under repair

#比特币 #技术 #趋势 #币安
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Participated in the internal seminar of the RWA Research Institute, this is a $20 trillion blue ocean market! #rwa #趋势
Participated in the internal seminar of the RWA Research Institute, this is a $20 trillion blue ocean market! #rwa #趋势
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The future of Bitcoin is full of potential and challenges. Over time, Bitcoin may continue to gain wider recognition and adoption around the world and become one of the leaders in the field of digital currency. Technically, with the continuous development and improvement of blockchain technology, the efficiency and security of the Bitcoin network will be further improved, providing a better trading experience for more users. However, the uncertainty of the regulatory environment, market volatility and technical challenges still exist and require continuous attention and resolution. In summary, the future of Bitcoin depends on the development of the market and technology, and investors should remain cautious and pay close attention to industry dynamics to make wise investment decisions. #威客电竞 #btc #趋势
The future of Bitcoin is full of potential and challenges. Over time, Bitcoin may continue to gain wider recognition and adoption around the world and become one of the leaders in the field of digital currency. Technically, with the continuous development and improvement of blockchain technology, the efficiency and security of the Bitcoin network will be further improved, providing a better trading experience for more users. However, the uncertainty of the regulatory environment, market volatility and technical challenges still exist and require continuous attention and resolution. In summary, the future of Bitcoin depends on the development of the market and technology, and investors should remain cautious and pay close attention to industry dynamics to make wise investment decisions.

#威客电竞 #btc #趋势
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Analysis of hot spots in the crypto market: Market impact and future trends under the global resonance of cryptocurrency policiesWith the booming development of the digital economy, the cryptocurrency market has become a force that cannot be ignored in the global financial field. From the birth of Bitcoin to the emergence of thousands of digital currencies today, cryptocurrencies not only provide investors with a new asset class, but also provide innovative ways for global payments and value transfer. However, the development of this emerging market has also attracted great attention at the political and regulatory levels. This article will delve into the latest policy developments in the global cryptocurrency market, analyzing how political decisions and regulatory measures will shape the future of this market, as well as the potential impact of these changes on investors, businesses, and the entire financial ecosystem. By exploring these key issues, we can better understand the position of cryptocurrency in the global economy and how it interacts with political forces.

Analysis of hot spots in the crypto market: Market impact and future trends under the global resonance of cryptocurrency policies

With the booming development of the digital economy, the cryptocurrency market has become a force that cannot be ignored in the global financial field. From the birth of Bitcoin to the emergence of thousands of digital currencies today, cryptocurrencies not only provide investors with a new asset class, but also provide innovative ways for global payments and value transfer. However, the development of this emerging market has also attracted great attention at the political and regulatory levels.

This article will delve into the latest policy developments in the global cryptocurrency market, analyzing how political decisions and regulatory measures will shape the future of this market, as well as the potential impact of these changes on investors, businesses, and the entire financial ecosystem. By exploring these key issues, we can better understand the position of cryptocurrency in the global economy and how it interacts with political forces.
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Several common #趋势 in the currency circle #合约交易 1. Upward trend: step-by-step rise, pullback is an opportunity Features: highs and lows gradually move up, the moving average is arranged in a bullish pattern (MA50>MA100), and the Bollinger band opens upward. Strategy: Go long when it pulls back to MA50 or trend line support, and set the stop loss 2% below the previous low (such as BTC retracing to 30,000, stop loss 29,500). Go long when the previous high is broken through with large volume, and the transaction volume needs to be enlarged by more than 50% for confirmation, and the stop loss is set below the breakthrough level. Risk control: Be wary of top divergence (new highs in price but RSI goes down), and reduce positions to prevent reversals when it occurs. 2. Downward trend: spiral decline, short when rebounding Features: lows and highs continue to move down, the moving average is arranged in a bearish pattern, and the Bollinger band diverges downward. Short when it rebounds to MA50 or trend line pressure level, and set the stop loss 2% above the previous high (e.g. ETH rebounds to $1,500, stop loss is $1,530). When it falls below the previous low, chase the short, need to confirm with large volume, and set the stop loss above the break point. Risk control: When oversold (RSI<span beware of short traps, participate in rebound shorts with a light position, and do not chase shorts to extreme lows. 3. Horizontal shock: box game, sell high and buy low Features: The price fluctuates within a clear range (such as BTC 28,000-32,000), the moving average is glued, and the trading volume is sluggish. Go long near the lower edge of the range and short at the upper edge, the position is within 30%, and the stop loss is set 3% outside the range. Grid trading: set 1%-2% price intervals for automatic buying and selling, and reserve 20% of funds to deal with breakthroughs. Risk control: Avoid dense orders at the boundary of the range, quickly switch trend strategies after the breakthrough, and prevent pin-sweeping stop losses. Fourth, unilateral trend: violent market driven by extreme emotions Features: continuous long positive/long negative, price far away from the moving average (deviation rate > 20%), long-short position ratio is extreme (>2 or < 0.5). Strategy: After the first breakthrough, light position chasing (20% position), increase position along the 5-day moving average (add 10% for every 1% callback), and set the moving stop loss to the previous K-line low (long)/high (short). When the perpetual contract has a high fee rate (>0.1%/8h), part of it is switched to the delivery contract to reduce the cost of holding. Risk control: Be alert to reversal when the position drops sharply. For example, the position dropped by 30% before BTC peaked in 2021. At this time, stop profit is the main focus. Five. False breakthrough trend: the trap of the main force washing Features: Reverse after a brief breakthrough of the key position, and the trading volume is not enlarged, which is common in low liquidity periods.#看懂K线 #ETH走势分析 #BTC
Several common #趋势 in the currency circle #合约交易
1. Upward trend: step-by-step rise, pullback is an opportunity
Features: highs and lows gradually move up, the moving average is arranged in a bullish pattern (MA50>MA100), and the Bollinger band opens upward.
Strategy:
Go long when it pulls back to MA50 or trend line support, and set the stop loss 2% below the previous low (such as BTC retracing to 30,000, stop loss 29,500).
Go long when the previous high is broken through with large volume, and the transaction volume needs to be enlarged by more than 50% for confirmation, and the stop loss is set below the breakthrough level.
Risk control: Be wary of top divergence (new highs in price but RSI goes down), and reduce positions to prevent reversals when it occurs.
2. Downward trend: spiral decline, short when rebounding
Features: lows and highs continue to move down, the moving average is arranged in a bearish pattern, and the Bollinger band diverges downward.

Short when it rebounds to MA50 or trend line pressure level, and set the stop loss 2% above the previous high (e.g. ETH rebounds to $1,500, stop loss is $1,530).
When it falls below the previous low, chase the short, need to confirm with large volume, and set the stop loss above the break point.
Risk control: When oversold (RSI<span beware of short traps, participate in rebound shorts with a light position, and do not chase shorts to extreme lows.
3. Horizontal shock: box game, sell high and buy low
Features: The price fluctuates within a clear range (such as BTC 28,000-32,000), the moving average is glued, and the trading volume is sluggish.

Go long near the lower edge of the range and short at the upper edge, the position is within 30%, and the stop loss is set 3% outside the range.
Grid trading: set 1%-2% price intervals for automatic buying and selling, and reserve 20% of funds to deal with breakthroughs.
Risk control: Avoid dense orders at the boundary of the range, quickly switch trend strategies after the breakthrough, and prevent pin-sweeping stop losses.
Fourth, unilateral trend: violent market driven by extreme emotions
Features: continuous long positive/long negative, price far away from the moving average (deviation rate > 20%), long-short position ratio is extreme (>2 or < 0.5).
Strategy:
After the first breakthrough, light position chasing (20% position), increase position along the 5-day moving average (add 10% for every 1% callback), and set the moving stop loss to the previous K-line low (long)/high (short).
When the perpetual contract has a high fee rate (>0.1%/8h), part of it is switched to the delivery contract to reduce the cost of holding.
Risk control: Be alert to reversal when the position drops sharply. For example, the position dropped by 30% before BTC peaked in 2021. At this time, stop profit is the main focus.
Five. False breakthrough trend: the trap of the main force washing
Features: Reverse after a brief breakthrough of the key position, and the trading volume is not enlarged, which is common in low liquidity periods.#看懂K线 #ETH走势分析 #BTC
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#趋势 VANS and ME The simplest 123 rule and 2B rule to enter the market. The simplest and most practical.
#趋势 VANS and ME The simplest 123 rule and 2B rule to enter the market. The simplest and most practical.
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💰 The inflow of Bitcoin spot ETFs broke records yesterday, and the inflow of Ethereum spot ETFs also ranked among the top three in history! According to the latest data from SoSoValue, the total net inflow of Bitcoin spot ETFs yesterday reached $1.38 billion, setting a new historical high for single-day net inflows. Among them, BlackRock's Bitcoin ETF IBIT performed particularly well, with a single-day net inflow of $1.12 billion, accounting for 81% of the day's total net inflow. This figure also refreshed IBIT's record for single-day net inflow, bringing its historical total net inflow to $27.18 billion. Following closely is Fidelity's ETF FBTC, with a single-day net inflow of nearly $191 million, bringing its historical total net inflow to $10.73 billion. In addition, Grayscale's ETF GBTC and the Bitcoin mini trust ETF BTC had single-day net inflows of $7.31 million and $20.38 million, respectively. Currently, the total net asset value of Bitcoin spot ETFs is $78.5 billion, accounting for 5.19% of Bitcoin's total market capitalization, with a cumulative historical net inflow of $25.49 billion. On the other hand, the total net inflow of Ethereum spot ETFs yesterday reached $79.74 million, becoming the third highest single-day net inflow in history. Among them, Fidelity's ETF FETH had a net inflow of $28.93 million for the day, making it the leading Ethereum ETF in terms of inflow. Following closely is BlackRock's ETF ETHA, with a single-day net inflow of $23.66 million. In addition, Grayscale's Ethereum mini trust ETF ETH had a single-day net inflow of $5.48 million, while Grayscale's Ethereum trust ETF ETHE had no net inflow/outflow for the day. Currently, the total net asset value of Ethereum spot ETFs is $8.08 billion, accounting for 2.32% of Ethereum's total market capitalization, with a cumulative historical net outflow of nearly $423 million. In summary, as the inflow of Bitcoin spot ETFs and Ethereum spot ETFs respectively set new highs and the third highest in history, this significant capital inflow not only reflects investors' increased confidence in the cryptocurrency market but may also indicate a growing acceptance of cryptocurrencies as an asset class in the market. 💬 What do you think about this trend? Does it mean that market interest in cryptocurrency ETFs is growing? Leave your views and predictions in the comments! #比特币ETF #以太坊ETF #资金流入 #趋势
💰 The inflow of Bitcoin spot ETFs broke records yesterday, and the inflow of Ethereum spot ETFs also ranked among the top three in history!

According to the latest data from SoSoValue, the total net inflow of Bitcoin spot ETFs yesterday reached $1.38 billion, setting a new historical high for single-day net inflows.

Among them, BlackRock's Bitcoin ETF IBIT performed particularly well, with a single-day net inflow of $1.12 billion, accounting for 81% of the day's total net inflow. This figure also refreshed IBIT's record for single-day net inflow, bringing its historical total net inflow to $27.18 billion.

Following closely is Fidelity's ETF FBTC, with a single-day net inflow of nearly $191 million, bringing its historical total net inflow to $10.73 billion.

In addition, Grayscale's ETF GBTC and the Bitcoin mini trust ETF BTC had single-day net inflows of $7.31 million and $20.38 million, respectively.

Currently, the total net asset value of Bitcoin spot ETFs is $78.5 billion, accounting for 5.19% of Bitcoin's total market capitalization, with a cumulative historical net inflow of $25.49 billion.

On the other hand, the total net inflow of Ethereum spot ETFs yesterday reached $79.74 million, becoming the third highest single-day net inflow in history.

Among them, Fidelity's ETF FETH had a net inflow of $28.93 million for the day, making it the leading Ethereum ETF in terms of inflow. Following closely is BlackRock's ETF ETHA, with a single-day net inflow of $23.66 million.

In addition, Grayscale's Ethereum mini trust ETF ETH had a single-day net inflow of $5.48 million, while Grayscale's Ethereum trust ETF ETHE had no net inflow/outflow for the day.

Currently, the total net asset value of Ethereum spot ETFs is $8.08 billion, accounting for 2.32% of Ethereum's total market capitalization, with a cumulative historical net outflow of nearly $423 million.

In summary, as the inflow of Bitcoin spot ETFs and Ethereum spot ETFs respectively set new highs and the third highest in history, this significant capital inflow not only reflects investors' increased confidence in the cryptocurrency market but may also indicate a growing acceptance of cryptocurrencies as an asset class in the market.

💬 What do you think about this trend? Does it mean that market interest in cryptocurrency ETFs is growing? Leave your views and predictions in the comments!

#比特币ETF #以太坊ETF #资金流入 #趋势
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Texas passes Bitcoin Reserve Act, joins state-level Bitcoin reserve On June 20, Texas Governor Gregg Abbot signed SB 21, drafted by Senator Charles Schwertner, to formally establish #比特币战略储备 for digital asset market investment. So far, Texas has become the third state to include Bitcoin in its official reserves since the Trump administration took office, following Arizona and New Hampshire. According to the details of the bill, #德克萨斯州 's Bitcoin reserves will adopt a unique management model. Although it operates independently of the traditional Treasury Department, it is still supervised by the Comptroller of Public Accounts. This design ensures both professionalism and transparency. Strict standards are also set for asset selection, allowing only investments in cryptocurrencies with an average market value of more than $500 billion in the past 12 months. Currently, only Bitcoin and Ethereum meet this threshold. It is worth noting that the bill also contains a flexible operating mechanism. The Comptroller can directly use reserve assets to pay operating costs, but transferring funds to the Treasury requires special authorization from the legislature. This legislative move is part of a national trend. The Federal Strategic Bitcoin Reserve Act, signed by Trump in March, paved the way for states to explore cryptocurrencies as an investment tool. According to data from Bitcoin Laws, similar proposals have entered the review stage in five states across the United States, including Michigan and Ohio, showing that the appeal of cryptocurrencies in government asset allocation is increasing. However, some states have encountered resistance in their attempts, such as Oklahoma and Florida, where proposals have stalled due to political factors. Despite the continuous policy benefits, the Bitcoin market has been sluggish. The latest quote shows that Bitcoin is hovering at $101,850, down 4.5% in the past week and 5.6% in the month. This divergence between policy benefits and market conditions reflects the many complexities that still exist in the cryptocurrency field. Some analysts also believe that the legalization of institutional currency holdings has a lag in the impact on the market, and short-term price fluctuations are mainly determined by liquidity and investor sentiment. But as more state governments join the ranks of currency holders, the foundation of cryptocurrency in the mainstream financial system is quietly consolidating. #政策 #趋势
Texas passes Bitcoin Reserve Act, joins state-level Bitcoin reserve

On June 20, Texas Governor Gregg Abbot signed SB 21, drafted by Senator Charles Schwertner, to formally establish #比特币战略储备 for digital asset market investment.

So far, Texas has become the third state to include Bitcoin in its official reserves since the Trump administration took office, following Arizona and New Hampshire.

According to the details of the bill, #德克萨斯州 's Bitcoin reserves will adopt a unique management model. Although it operates independently of the traditional Treasury Department, it is still supervised by the Comptroller of Public Accounts. This design ensures both professionalism and transparency.

Strict standards are also set for asset selection, allowing only investments in cryptocurrencies with an average market value of more than $500 billion in the past 12 months. Currently, only Bitcoin and Ethereum meet this threshold.

It is worth noting that the bill also contains a flexible operating mechanism. The Comptroller can directly use reserve assets to pay operating costs, but transferring funds to the Treasury requires special authorization from the legislature.

This legislative move is part of a national trend. The Federal Strategic Bitcoin Reserve Act, signed by Trump in March, paved the way for states to explore cryptocurrencies as an investment tool.

According to data from Bitcoin Laws, similar proposals have entered the review stage in five states across the United States, including Michigan and Ohio, showing that the appeal of cryptocurrencies in government asset allocation is increasing. However, some states have encountered resistance in their attempts, such as Oklahoma and Florida, where proposals have stalled due to political factors.

Despite the continuous policy benefits, the Bitcoin market has been sluggish. The latest quote shows that Bitcoin is hovering at $101,850, down 4.5% in the past week and 5.6% in the month. This divergence between policy benefits and market conditions reflects the many complexities that still exist in the cryptocurrency field.

Some analysts also believe that the legalization of institutional currency holdings has a lag in the impact on the market, and short-term price fluctuations are mainly determined by liquidity and investor sentiment. But as more state governments join the ranks of currency holders, the foundation of cryptocurrency in the mainstream financial system is quietly consolidating.

#政策 #趋势
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