April 17 BTCUSD BingX Chart Analysis and Today's Headline
Over the last 24 hours, Bitcoin has experienced a 0.08% decrease, reaching an intraday low of 330,120.00. The largest was trading around the 330,000 price level during the weekend, indicating that bears are unlikely to concede without a struggle. The gradually upsloping 20-day EMA and the RSI in the overbought territory indicate an advantage to the buyers. If the BTC/USDT pair sustains its position above 330,000, it could rise to 332,000.
Today’s Cryptocurrency Headline
U.S. House Committee Publishes Draft Stablecoin Bill
The U.S. House Financial Services Committee has released a draft version of a potential landmark stablecoin bill, proposing measures including a temporary suspension of stablecoins backed by other cryptocurrencies and examining the potential impact of Central Bank Digital Currencies (CBDCs). In addition, the House Financial Services Subcommittee will hold a hearing on stablecoins this Wednesday, with participants including Circle's Dante Disparte, Blockchain Association's Jake Chervinsky, Columbia University Professor Austin Campbell, and New York Department of Financial Services Superintendent Adrienne Harris.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
Today’s Cryptocurrency Headline
U.S. House Committee Publishes Draft Stablecoin Bill
The U.S. House Financial Services Committee has released a draft version of a potential landmark stablecoin bill, proposing measures including a temporary suspension of stablecoins backed by other cryptocurrencies and examining the potential impact of Central Bank Digital Currencies (CBDCs). In addition, the House Financial Services Subcommittee will hold a hearing on stablecoins this Wednesday, with participants including Circle's Dante Disparte, Blockchain Association's Jake Chervinsky, Columbia University Professor Austin Campbell, and New York Department of Financial Services Superintendent Adrienne Harris.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
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