📊👀 $BTC According to the Glassnode report: The market appears to be transitioning from active asset allocation to a more neutral position. While the circumstances remain fragile, a reduction in selling pressure and stabilizing inflows suggest that the foundation for a possible recovery is being established. Nonetheless, increased demand is necessary to confirm a sustainable shift. #BitcoinReversal
Senator Lummis is preparing to unveil a bipartisan initiative known as the "Mining in America Act," which seeks to enhance Bitcoin mining activities across the United States. This proposed legislation will enable miners to sell cryptocurrency to the government, allowing them to benefit from capital gains tax advantages. #USJoblessClaimsNearTwo-YearLow