Bitcoin in China: Estimates put China national Bitcoin holdings at approximately 194,000 $BTC This refers to estimated national holdings, not individual investors. 📊 #BTC走势分析 #October #Cryptology_7
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Agar price 0.0508–0.0512 tak retrace karke support le aur bullish candle banaye, tab long entry comparatively better-defined ho sakti hai.
SL: 0.0490 TP: 0.0541 → 0.0551 → 0.0570
Short: Abhi directly short lena chart par weak setup lag raha hai. Short tab consider hoga jab 0.0508 ke neeche 15m candle close mile aur retest fail ho.
⚖️ Lawsuit Against OCC 🔹 The ICBA has sued the U.S. OCC over national trust charters granted to crypto companies. 🔹 Community banks argue crypto firms receive bank-like credibility without the same requirements as traditional banks.
💰 What’s at Stake 🔹 Trust charters allow firms to manage customer assets and process transactions, but not take regular deposits or issue loans. 🔹 The OCC says its rules only clarify existing chartering powers.
📊 Growing Crypto Interest 🔹 The OCC received 40 bank-charter applications in about 18 months, including 23 tied to digital assets. 🔹 The lawsuit could influence how crypto firms access the U.S. banking system and affect future stablecoin regulation.