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🔥 Explosive! Explosive!! The U.S. Congress just did something major, directly banning digital dollars until 2030😰! 🔥
Brothers, this time we’re sure we didn’t see it wrong!
Today, the U.S. House and Senate reached an agreement, inserting a “hidden clause” into the 21st Century Housing Act
— The Federal Reserve shall not issue or create any central bank digital currency (CBDC) before December 31, 2030. The Trump administration’s stance is consistent, and the Treasury Secretary has previously stated that CBDC is “not under consideration.” This clause clearly paves the way for private stablecoins!
Meanwhile, the Federal Reserve, in collaboration with several agencies, just released proposed rules requiring stablecoin issuers to establish customer identification programs (CIP) similar to banks. One side blocks digital dollars, the other sets rules for stablecoins—those who understand, get it.
Speaking of the Clarity Act, today bipartisan senators are still discussing legacy issues, but the bill’s passage probability has dropped from 75% to below 60%. The Senate is about to recess on July 4th, time is really running out.
Additionally, Illinois just signed the first state-level crypto transaction tax in the U.S., imposing a 0.2% “privilege tax” on digital asset transactions. Whether you profit or not, transactions must pay tax. A16z policy chief directly criticized it, calling it one of the “most anti-crypto” laws in the U.S.
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📊 Back to the market, let’s talk about some real points:
$BTC Currently around $63,918, down less than 1% in 24 hours, the Federal Reserve has digested the news, fundamentals are stable, and we’re looking ahead to the June 6-week meeting,
Short-term key support is in the range of 63,750–64,000. If it can’t hold,
Next strong support is at 61,800–62,000.
Resistance above is around 64,400–64,500.
$ETH Around $1,741, short-term support is at the low of 1,721, with resistance at 1,755–1,760.
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🆕 Here’s some fresh news—$RE (Re Protocol) This is a blockchain-driven reinsurance protocol that just launched today. It connects on-chain stablecoin capital with real U.S. insurance underwriting, offering holders diversified returns with low correlation to traditional crypto markets. On its first day, it surged about +25%, in the hype phase of a new token. But new tokens are volatile and risky, so be cautious.
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🎯 My take:
This move by the U.S. looks like suppression on the surface, but in reality, it’s paving the way for compliance—blocking CBDC, regulating stablecoins, and advancing regulatory frameworks. Long-term, it’s a good thing, but the market is still digesting these messages in the short term.
BTC must stay above 63,500; if not, there’s still a short-term rebound chance; ETH mainly follows BTC.
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💬 What do you think? Is this move by the U.S. good news or bad news? Does RE have potential? Share your thoughts in the comments!
👊 Follow me for the most honest market analysis every day!
#我的Gate交易时刻 #Gate上线港股交易 @Gate_Square