JPMorgan Chase: Market Expectations for Stablecoins to Break through Trillion Dollar Barrier Too Optimistic

Although the 2-hour cycle K-line shows prices above the EMA24 and EMA52 moving averages, showing an overall upward trend, the current trading volume is significantly lower than the 10 day average, indicating a significant decrease in market activity and suggesting that there may be insufficient upward momentum. It is worth noting that there have been no significant large market buy or sell orders recently, and the main funds have not yet made a clear statement, making the market direction uncertain. Combined with the top tier pattern and KDJ overbought signal, the short-term pullback risk has intensified. Open membership, track key trends in real-time, and seize opportunities for unexpected changes! Take the lead in mastering the flow of main funds and use large transaction indicators to help you make accurate decisions! The data is sourced from the PRO member's [BTC/USDT Binance 2-hour] candlestick, for reference only, and does not constitute any investment advice.

OKX - INR is currently priced at $13.82, with a 24-hour increase of 15.44%. 24-hour transaction volume of 200 million US dollars, up 7.21%, for reference only

ETH has risen, with a trading volume of 78.2 billion US dollars in the past 24 hours and a circulating market value of 324.7 billion US dollars, representing a 2.56% increase in market value. Data for reference only

Odaily Planet Daily News: According to market sources, US CFTC Commissioner MERSINGER stated that cryptocurrency perpetual futures can be traded in the United States.

BlockBeats News: On May 23rd, according to The Block, just hours before President Trump hosted a lavish dinner to receive major holders of TRUMP coins, Democratic leader Representative Maxine Waters proposed a new bill aimed at addressing concerns about the president's involvement in digital assets and calling for an end to "cryptocurrency corruption". Waters and 14 other Democratic co sponsors proposed the Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025 on Thursday afternoon. The bill aims to prohibit the President, Vice President, members of Congress, and their immediate family members from holding a proportion of digital assets that would allow them to unilaterally modify them, as well as other related regulations.