US Securities Regulator Cancels Voting Meeting on Crypto Rules

Although the news headline focuses on cryptocurrency regulations, no direct impact is expected for GOOGL, though it may slightly dampen overall risk appetite. Technical indicators already present a weak outlook: RSI is below 40, MACD is below the signal line, and the price is below both the SMA20 and SMA50. The 1.5% decline over the last 24 hours suggests that short-term selling pressure could persist. There is an attempt to hold just above the SMA20, but if this level breaks, the likelihood of a deeper correction increases. Therefore, downward movement is likely to continue in the short term, but there are not enough signals to expect a strong decline.

Although the news increases uncertainty regarding cryptocurrency regulations, it does not contain a clear signal that would directly impact COIN's stock. On the technical indicators, the RSI is in neutral territory at 51.5, while the MACD shows positive but weak upward momentum. The price is stabilizing just above the SMA20 and SMA50 levels, which reinforces the likelihood of a sideways movement in the short term. The impact of the news may remain limited, but regulatory uncertainty could exert pressure on the stock. Therefore, there is no clear signal for direction, and a sideways movement can be expected.

The cancellation of the vote on crypto regulations could increase uncertainty and put pressure on crypto-linked stocks. MSTR closed down 2.28% at $93.78, with an RSI of 43.6 indicating weak momentum. The MACD is below the signal line and in negative territory, supporting a short-term bearish trend. The price is trading below the SMA20 and SMA50, making the technical outlook negative. However, the impact of the news may be limited, as the cancellation could also mean that no new rules will be introduced, so the confidence level is kept moderate.

Crypto regulation uncertainty could weigh on crypto mining stocks such as MARA. Technical indicators are already weak: RSI at 34 is near oversold territory, MACD is negative, and the price is below both the 20-day and 50-day moving averages. A 5.4% decline over the last 24 hours indicates continued selling pressure. The news may serve as an additional negative catalyst in the short term. However, oversold conditions could trigger a rebound, so confidence is maintained at a moderate level.