Lumes: Truly decentralized things should not be regulated like banks
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Bitcoin News published an article on X platform stating that US Senator Lummis stated that if something is truly decentralized, it should not be regulated like banks and advocated for the passage of the Clarity Act.
According to Bloomberg, the 60 day correlation coefficient between the South Korean Composite Index (KOSPI) and the Nasdaq 100 Index has risen to 0.46, close to the highest level in the past two years and about three times the five-year average of 0.16. Global fund managers view the Korean market as an indicator for observing AI investment sentiment, and pay attention to the trends of Korean technology stocks such as Samsung Electronics and SK Hynix before opening. On the 7th of this month, Nasdaq's sensitivity index to the trend of the South Korean stock market rose to its highest level since 1990.
According to Onchain Lens monitoring, Abraxas Capital transferred 10 million USDT and $4 million worth of XAUT to Binance and $4 million worth of XAUT to Bitfinex.
[BIT States Greed and Fear Index Improves, Bitcoin Shows Rebound Potential]
BIT indicates that despite heavy short positions in the market and sluggish trading volume, the improvement in its Greed and Fear Index reinforces a more positive outlook for Bitcoin's trend. BIT believes that the $60,000 to $65,000 support range demonstrates resilience, and coupled with improved market sentiment, Bitcoin has rebound potential.
According to Onchain Lens monitoring, Abraxas Capital transferred assets worth $14 million to Binance and Bitfinex, including 10 million USDT and 500 XAUT (approximately $2 million) transferred to Binance, and 500 XAUT (approximately $2 million) transferred to Bitfinex.
According to SolanaFloor monitoring, the supply of non USDC/USDT stablecoins on the Solana chain reached a historic high of $4.81 billion, driven by USD1 and USDG0.
