The cryptocurrency market has experienced a rollercoaster in the past week. New developments have emerged from North American regulators—Senator Tim Scott of the U.S. Senate Banking Committee is pushing for amendments to the so-called "Market Structure Bill," which is scheduled for a vote on January 15. On the surface, this appears to be an effort by Republican lawmakers to break the regulatory vacuum in crypto and provide the industry with a clear legal framework. However, insiders reveal that the bill still lacks broad bipartisan support, and whether it will ultimately pass remains uncertain.



The market situation is even more heartbreaking. After a surge at the beginning of the year, Bitcoin has started to retrace and is currently hovering around $90,000, with the momentum from previous gains waning. BTC's premium index has also turned negative, with the latest data showing -0.0277%, reflecting a weakening market sentiment.

The most volatile performer has been MEME coins. The "114514" project once flooded the market, with a market cap soaring to $57 million, but it crashed over 90% in just one day and now has almost no value. What does this extreme volatility reflect? Simply put, in an environment where regulatory prospects are uncertain and policy risks persist, speculative assets face significant selling pressure. Investors are watching and waiting for clearer policy signals.
BTC0,22%
MEME-0,93%
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YieldWhisperervip
· 01-08 17:33
114514This matter is really outrageous. The 57 million has dropped to nothing, this is the result of chasing highs. --- Regulation hasn't been implemented yet, so it's too early to say anything now. Let's wait until the results of Tim Scott's vote. --- BTC is experiencing negative premium, this signal isn't very good. Does that mean we have to go through a period of volatility again? --- MEME coins are soaring and crashing like this, no one can predict it. Anyway, I don't dare to touch them anymore. --- Is bipartisan support still far away? Then this bill is definitely going to be shelved, and we'll continue to struggle in the gray area. --- Looking at the position around 90,000, I feel like I should wait. No need to jump in now. --- Policy risks are not calming down day by day, no wonder big players are withdrawing liquidity.
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WagmiWarriorvip
· 01-08 00:07
114514 drops 90% in one day, hilarious. This is meme coin, just a gamble.
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LayerZeroJunkievip
· 01-07 05:53
114514 drops 90% in one day. This is the true face of meme coins—just a casino.
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SmartContractPlumbervip
· 01-07 05:52
Speculative frenzy under regulatory vacuum, ultimately everyone has to patch the leaks. The 114514 crash is similar to some permission control vulnerabilities I've seen before—looks glamorous but is actually a ticking time bomb ready to explode. --- Honestly, daring to go all-in on MEME coins without clear policies? That logic is as absurd as launching a contract without security audits. --- BTC negative premium, bill voting pending, the market is waiting for policy red lines. But what about those MEME coin players? They've long been cleared out. --- That's why I always say—without formal verification, consensus is just talk. The 114514 crash is a vivid example. --- Will the market structure bill pass? Honestly, such bipartisan agreements are harder to implement than passing a contract audit. Investors should stay calm and avoid being driven by emotions. --- 90% decline, a typical liquidity crisis caused by lack of permission control. It was obvious from the start to see through this trick.
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ILCollectorvip
· 01-07 05:44
Here comes another wave of rug pulls, MEME coins are like this—rising fast and crashing just as quickly. My hard-earned money has evaporated again. Regulation is unreliable; better wait for policies to settle before jumping in. Bitcoin hovers around 90,000, feels like waiting for a signal... Can it really break through? This round of 114514 is truly outrageous, from 57 million to zero. Has anyone confirmed if this is insider manipulation? Negative premium has appeared. Should I run away or keep buying the dip... Feeling a bit panicked. I'm skeptical about the Tim Scott bill; both parties don't seem to cooperate much. It might not pass before the end of the year. Actually, a dip might be an opportunity, but the problem is I have no bullets left, hahaha. The whole market is on hold, everyone is betting on policies. It feels like playing Russian roulette. How to put it, the market's normal state is a rollercoaster of ice and fire.
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OldLeekConfessionvip
· 01-07 05:27
114514 this time directly taught me how to be a person, a 90% crash in one day, this is what faith recharge is all about haha
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SellLowExpertvip
· 01-07 05:27
114514That move is really outrageous, 90% in one day... This is the fate of meme coins, just a gambler's game. --- Bitcoin fluctuates around 90,000, and the premium has turned negative. It feels like a change is coming. --- Regulation bill voting on January 15? Ha, bipartisan support is still far off, it will just be another empty show. --- This wave has indeed been a rollercoaster, and my positions are on hold... Just waiting for a clear signal. --- It's not surprising that meme coins have plummeted 90%, the previous 57 million market cap was just a bubble. --- Wow, regulators are still bickering, the market has already started to cut losses. --- Negative premium has appeared, indicating that holders' confidence is beginning to waver. Be cautious. --- The market trend at the beginning of the year was mostly eaten up, now it depends on whether the bill can give the industry some reassurance. --- The story of 114514 tells us that when policies are unclear, gambling on meme coins is purely risking your life.
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PrivateKeyParanoiavip
· 01-07 05:25
114514 that move was really crazy, 90% in one day. My friend lost five figures outright, and now he doesn't even dare to check his wallet haha
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