币安暂停欧洲的USDT现货交易以遵守MiCA规则

Mars Finance reports that Binance has suspended USDT spot trading in Europe to comply with MiCA rules, while perpetual contracts remain available. (Solid Intel)

<div>Mars Finance News: Binance suspends USDT spot trading in Europe to comply with MiCA rules, while perpetual contracts remain available. (Solid Intel)</div>

Binance suspends USDT spot trading in Europe to comply with MiCA rules

In the tumultuous smoke of tariffs imposed by the Trump administration, Bitcoin has rewritten the narrative logic of traditional financial markets through an epic comeback. At 9:00 AM Beijing time on April 23rd, Bitcoin's price broke through $93,000, with a 7% increase within 24 hours, reaching a new high since March 7th. This breakthrough not only caused short sellers to be liquidated for $618 million in a single day but also reduced Bitcoin's 30-day correlation with US stocks to 0.65, the lowest level since 2023. Against the backdrop of the Nasdaq index plummeting 16% this year, Bitcoin has only pulled back 6%, gradually reshaping its market positioning as "digital gold"...

Bull market returns quickly? Bitcoin breaks through $93,900, why is the market soaring?

Here's the translation:

Sorting out the timeline, arranged according to Beijing time:
- 11:59 (early morning): Bessent came out saying that the current situation is unsustainable and will cool down (de-escalation) with China soon; Chinese concept stocks surged + gold slightly dropped + Nasdaq rose + BTC didn't move much.
- In between, there was a small interlude where Politico said that completing negotiations might take several months. Then the White House jumped out again (seemingly trying to maintain some positivity)
- Around 5:17 (after market hours), Trump said, I did not...

The stock market and the cryptocurrency market soared across the board. What happened last night?

Once Bitcoin breaks through the historical high point of $110,000, it is likely to surge.

Written by: Arthur Hayes, BitMEX Founder
Translated by: AIMan@Jinse Finance

For me, the Hokkaido ski season ended in mid-March this year. However, the lessons learned from the mountain can still be applied to President Trump's "tariff rage". Every day is different, with too many variables interacting - no one knows which snowflake or which turn of a ski board will trigger an avalanche. The best we can do is estimate the probability of an avalanche. A more accurate way to assess the slope...

Binance suspends USDT spot trading in Europe to comply with MiCA rules

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