US Senate Reschedules Crypto Bill Markup Date
- Markup Date Set: The US Senate Agriculture Committee has rescheduled the markup session for the crypto market structure bill to January 29, marking a significant advancement in the regulatory process that could provide clearer guidelines for the digital asset industry.
- Legislative Key Moment: This markup will allow lawmakers to debate and amend the bill, particularly regarding the roles of the Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC) in regulating crypto markets, which will directly impact asset classification and trading platform oversight.
- Industry Focus: With rising institutional adoption and mainstream interest, industry leaders and investors are closely watching the outcome of this markup, as it will determine the future trajectory of crypto innovation in the U.S., potentially fostering growth or creating uncertainty.
- Policy Momentum: This development underscores the increasing urgency in Washington to address crypto regulation, as policymakers face pressure to balance investor protection with innovation, indicating that cryptocurrency is now a central topic in U.S. policy discussions.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for ZKP
Technical Sentiment Analysis for (ZKP). As of , (ZKP) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ZKP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, ZKP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
(ZKP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0535 | 0.0595 | 0.0642 | 0.0702 | 0.0749 | 0.0809 | 0.0856 |
| Fibonacci | 0.0595 | 0.0636 | 0.0661 | 0.0702 | 0.0743 | 0.0768 | 0.0809 |
About the author
