4 days countdown to first review of Bitcoin and cryptocurrency bill

[South Korea's National Tax Service Pilots Entrusting Seized Virtual Assets to Private Institutions] According to News1, South Korea's National Tax Service is piloting the entrustment of seized virtual assets to private crypto custody institutions for safekeeping and management. The tender announcement was released on April 29, with the bidding deadline set for May 12. The trial operation is planned to run until the end of the year. Major South Korean custody institutions such as KODA, KDAC, Hecto WalletOne, BDACS, and InfiniteBlock are preparing to participate. The pilot project budget is approximately $5,800.

BTC is testing key chip peak at $80953.40 According to chip distribution data, Binance BTC/BTC/USDT is currently under pressure at the concentrated chip trading price of $80953.40 in the past 3 days. A total of 1171 BTC has been traded near this price, with 590BTC actively bought and 581BTC actively sold. Operation strategy: Pay attention to the attack and defense of $80953.40. If you successfully hold/break through, this area may become an important obstacle; If encountering obstacles and falling back, the price may seek a new equilibrium upwards. The PRO 'Chip Distribution Chart' allows you to view the performance of the chip peak over different periods, helping to determine the strength level of support or resistance. The data is for reference only and does not constitute any investment advice.

The first review of the Bitcoin and Cryptocurrency Clarity Act will take place in 4 days, calling on President Trump to sign the bill immediately. （The Bitcoin Historian）

According to Santiment on the X platform, Tether (based on Ethereum) experienced its largest exchange fund outflow in nearly three months on Friday, with a net outflow of $1.29 billion (USDT). The report states that such large-scale outflows typically involve institutions or whales transferring funds to self managed wallets, DeFi protocols, or over-the-counter trading platforms. Santiment suggests paying attention to the market dynamics after the peak of capital outflows, and mentions that there was a $3.72 billion outflow on February 9th, followed by a slight correction in Bitcoin within two weeks.

[SOL's main players made intensive moves in a short period of time, with a total transaction volume of 1.35 million US dollars] The main large order is displayed on the K line in the form of a horizontal line, the thicker the line means the larger the pending order amount, and the longer the line represents the longer the pending order time