Expel people from the cryptocurrency circle! 20250608

CN
9 hours ago

Good evening, brothers!

The plum rain season has begun.

When the plums turn yellow, the first to get wet is the flower seller's blue cloth shirt,

Her load is filled with gardenias and magnolias,

The fragrance soaked by the rain is heavy,

Occasionally lingering at the corner of the alley.

A layer of water glimmers on the bluestone slabs,

Reflecting gray tiles, electric wires, and the occasional drifting oiled paper umbrella,

The faces under the umbrellas seem all blurred,

Only when the hem of the qipao brushes against the moss at the base of the wall,

Does it stir up a patch of wet green…

The weather has been a bit stuffy these days,

Many friends in the group have been saying it’s too stuffy without air conditioning.

How's the weather where you are?

……

Once a paradise for Web3, Singapore is starting to drive people away.

On May 30, the Monetary Authority of Singapore (MAS) officially released the final policy guidelines for "Digital Token Service Providers (DTSP)," with a very firm stance:

All crypto service providers registered or operating in Singapore must cease providing services to overseas clients by June 30, 2025, if they have not obtained a DTSP license.

There is no transition period for this regulation, and violators will be punished according to the law, with companies found in violation facing fines of up to 250,000 Singapore dollars (200,000 USD) and up to three years in prison.

BTC: On the 4-hour level, the price continues to stay above the middle band of the Bollinger Bands, and the price trend remains healthy.

On the daily level, the price continues to oscillate near the moving averages, and the price trend is average.

In summary, the support level is 104800, and the resistance level is 105200.

ETH: On the 4-hour level, the price has fallen below the middle band of the Bollinger Bands, and the price trend is weak, with a support level of 2480 and a resistance level of 2500.

LTC: The price has fallen below the middle band of the Bollinger Bands, and the price trend is weak, with a support level of 85 and a resistance level of 88.

BCH: The price continues to stay above the middle band of the Bollinger Bands, and the price trend remains healthy, with a support level of 400 and a resistance level of 420.

DOGE: The price is still in the oscillation and bottoming phase, with a rebound not exceeding 0.2, suggesting to continue holding.

LINK: The price is also in the oscillation and bottoming phase, with a rebound not exceeding 14.8, suggesting to continue holding.

That's all for now, good night!

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