BlockBeats news, on February 26th, Matrixport released today's chart, showing that Wall Street has become an important player in Bitcoin, and Bitcoin's 60% market dominance remains a key benchmark in the cryptocurrency market, with institutional trading behavior increasingly affecting its price trend. The concern that Trump's proposed tariffs and Bitcoin strategic reserve plan may be delayed for six months may be one of the reasons for the technical top pattern on the current chart. BlackRock's IBIT ETF closely followed the price fluctuations of Bitcoin and ushered in an important trading day with a volume of $5.1 billion. Although not the highest, it is still a considerable number. From a technical perspective, Bitcoin may retrace to its recent support level of $73000, which aligns with the position of around $40 for the IBIT ETF.

BTC enters a critical offensive and defensive battle in the short term, intensifying the game between long and short funds. Coinbase major investors bought $13.01 million at market price with the intention of pushing the price up, while Binance major investors were evenly bullish by $35.37 million in the range of $88800 to $89400, with significant long short divergence. The current BTC price is supported by the EMA24 moving average with a 45 minute custom cycle. If it stabilizes, it is expected to challenge the $90230 (EMA52 moving average pressure level) in the short term; If lost, it may once again seek support from $86000. The data is sourced from PRO members, for reference only, and does not constitute any investment advice!

According to Cointelegraph, Matt Hougan, Chief Investment Officer of Bitwise, stated that the cryptocurrency market is currently at the end of the Meme coin craze.

According to official sources, Mayan Bridge has now integrated the OKX DEX API, aiming to provide customers with convenient trading functions and enjoy the seamless trading experience, low slippage, better quotes, and better liquidity provided by OKX DEX. It is reported that the goal of OKX DEX API is to become the first choice for developers and the industry standard by providing industry-leading API solutions, while promoting the expansion and diversification of the OKX DEX aggregator ecosystem. Mayan is an intent based cross chain protocol that utilizes auctions to provide the best possible transaction rate for each transaction. Supported by Wormhole messaging, Mayan seamlessly connects Solana, Ethereum, and major EMV compatible chains such as BSC, Polygon, Optimism, Avalanche, and Arbitrarum. With its powerful API and pre built widgets, Mayan enables any website or dApp to provide cross chain transactions almost immediately.

According to Decrypt, Illinois Senator Dick Durbin has proposed the Cryptocurrency ATM Anti Fraud Act, aimed at curbing the increasingly serious problem of cryptocurrency ATM fraud. The bill proposes setting a daily transaction limit of $2000 and a transaction limit of $10000 within 14 days for new users, and requiring operators to directly contact and verify user transactions exceeding $500 to prevent fraud. In addition, the bill also stipulates that operators must provide full refunds to victims who report fraud within 30 days. Durbin emphasized that the bill is a "common sense safeguard measure" to prevent fraud and protect the property safety of the elderly population. According to data from the Federal Trade Commission (FTC) in the United States, fraud losses involving encrypted ATMs have exceeded $110 million in 2023, a nearly tenfold increase from 2020.