Achain narxACT

With the GENIUS Act, stablecoins over $10B will be regulated by the Fed. 📃 🏦

Cynthia Lummis: FDIC's public release of cryptographic supervision documents will drive the end of Chokepoint 2.0 Cynthia Lummis, the proposer of the Bitcoin Strategic Reserve Act and chair of the U.S. Senate Banking Digital Assets Subcommittee, posted on the X platform: "I am…

The idea of the U.S. holding Bitcoin as a reserve asset is indeed intriguing. Proponents argue that it could serve as a strategic asset, similar to gold, and provide a hedge against economic uncertainty and dollar devaluation ¹. This move would also position the U.S. as a leader in digital innovation, attracting investment and fostering growth in the digital economy. On the other hand, critics raise concerns about Bitcoin's volatility and regulatory complexities. The cryptocurrency's value can fluctuate rapidly, and its integration into the national reserve could increase exposure to market risks. Moreover, the lack of clear regulations and oversight mechanisms adds to the uncertainty. The BITCOIN Act, introduced in July 2024, proposes buying 1 million Bitcoins over five years to bolster the U.S. balance sheet and hedge against economic instability ¹. While this move could potentially drive up Bitcoin's price and increase adoption, it's essential to carefully weigh the benefits and risks. Some experts predict that a U.S. Bitcoin reserve could propel the cryptocurrency's price to unprecedented heights, potentially reaching $125,000 in 2025 and $2.9 million by 2050 ¹. However, others are more cautious, citing the need for clearer regulations and oversight mechanisms. Ultimately, whether holding Bitcoin as a reserve asset is a savvy move or a gamble depends on one's perspective on the cryptocurrency's potential and the associated risks. As the debate continues, it's essential to monitor developments and consider multiple viewpoints before making a conclusion.

As of February 5, 2025, $ACT I: The AI Prophecy (ACT) is trading at approximately $0.22, with a 24-hour trading volume of around $230 million. The current market capitalization is about $206 million, based on a circulating supply of approximately 949 million ACT tokens. Over the past week, ACT has experienced a price increase of approximately 27%. However, in the last 24 hours, the price has declined by about 6.3%. Act I: The AI Prophecy is a decentralized, open-source protocol aiming to redefine AI interaction. It fosters an ecosystem where various AI systems, driven by the ACT token, can collaborate with each other and engage with human users, promoting innovative AI interactions. . ACT I Coin Market Performance Analysis Current Market Overview (as of February 5, 2025) Price: $0.22 Market Cap: $206 million 24H Trading Volume: $230 million Circulating Supply: ~949 million ACT Recent Performance: Weekly Gain: +27% 24H Decline: -6.3% Recent Market Movements & Trends Strong Weekly Performance: ACT I has seen a 27% increase in the past week, suggesting strong bullish sentiment. Short-Term Correction: A 6.3% drop in the last 24 hours could indicate profit-taking after the rally. High Trading Volume: With $230 million traded in 24 hours, ACT I has strong market participation, indicating good liquidity. Technical & Fundamental Considerations Support & Resistance Levels: Support: Around $0.18–$0.20 (previous breakout zone). Resistance: Near $0.25, then $0.30 if the uptrend continues. Market Sentiment: Positive due to AI-related crypto projects gaining traction. Fundamental Strength: The project focuses on AI-driven decentralization, which aligns with growing interest in AI and blockchain integration. Investment Outlook Short-Term: Possible consolidation or minor pullback before another move higher. Mid to Long-Term: If AI adoption and blockchain integration continue, ACT I could have significant upside potential. Final Thoughts Risk Level: Moderate-High (volatility and recent correction). Potential Catalyst: New AI partnerships, exchange listings, or ecosystem expansion. Advice: Watch price action near $0.20 support; if it holds, the uptrend may continue.

Gas long actığınız sürece bu borsalar sizin paraları yemeye daha'da fazla düşürecek Akıllanmıyor'sunuz. 🫵