Achain priceACT

U.S. Senator Ted Cruz (R-TX) announced on March 31 the introduction of the Facilitate Lower Atmospheric Released Emissions (FLARE) Act, a federal proposal focused on turning wasted energy into productive use through targeted tax reform. The federal bill seeks: To amend the Internal Revenue Code of 1986 to provide for permanent full expensing for property used to capture gas that would otherwise be flared or vented and to use such gas in value-added products. By promoting infrastructure that captures stranded natural gas and converts it into electricity or other useful outputs, the measure is designed to enhance grid resilience, especially in energy-rich states like Texas. Cruz framed the initiative as a strategic step to leverage the state’s abundant energy supply and strengthen its leadership in digital assets. The lawmaker stated: I am committed to making Texas the number one place for bitcoin mining. The FLARE Act incentivizes entrepreneurs and crypto miners to use natural gas that would otherwise be stranded. “This bill takes advantage of Texas’s vast energy potential, reinforces our position as the home of the bitcoin industry, and is good for the environment. I call upon my colleagues to expeditiously take up and advance this legislation,” he continued. The bill includes language to restrict participation by companies owned by foreign adversaries including China, Iran, North Korea, and Russia, aiming to safeguard national energy interests while promoting domestic innovation. The legislation has received public support from the Digital Power Network, which promotes the convergence of digital technology and energy systems. Hailey Miller, the organization’s Director of Government Relations & Public Policy, praised the new bill: “The Digital Power Network strongly supports the introduction of the FLARE Act by Senator Cruz. This critical legislation will help eliminate unnecessary flaring and venting of natural gas while unlocking new opportunities for energy innovation in the United States.” She further highlighted its relevance for the digital asset industry: Bitcoin miners are uniquely positioned to help reduce emissions by harnessing stranded and wasted energy sources, and the FLARE Act ensures that American energy producers have the tools to deploy cutting-edge solutions that make our energy markets more efficient and resilient. “We commend Senator Cruz for his leadership and look forward to working with Congress to advance this bill into law,” she noted. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。

Crypto asset manager Grayscale Investments filed a Form S-3 registration statement with the U.S. Securities and Exchange Commission (SEC) on March 31 to register and list shares of its Grayscale Digital Large Cap Fund on the NYSE Arca under the symbol GDLC. The move would convert the fund into an exchange-traded fund (ETF) and expand public trading access to a diversified digital asset fund composed of major cryptocurrencies. Grayscale shared on social media platform X: Today, we filed a registration statement on Form S-3 to register shares of Grayscale Digital Large Cap Fund (ticker: GDLC) under the Securities Act of 1933. This is another important step toward uplisting GDLC as an ETP. GDLC holds the top 5 crypto assets by market cap. However, the launch remains dependent on SEC approval of a separate 19b-4 application submitted by NYSE Arca in October 2024. “The Fund will not seek effectiveness of this registration statement and no offering of shares hereunder will take place unless and until such approval is obtained,” Grayscale affirmed. The fund’s holdings are determined by the Coindesk Large Cap Select Index (DLCS), which selects the top digital assets by market capitalization that meet specific criteria, such as availability on Coinbase Custody and exclusion of stablecoins and meme coins. As of March 31, the fund holds five assets: bitcoin ( BTC), ethereum ( ETH), XRP, solana ( SOL), and cardano ( ADA). As of writing, the portfolio composition by weight includes: bitcoin at 79.40%, ethereum at 10.69%, XRP at 5.85%, solana at 2.92%, and cardano at 1.14%. “The fund’s investment objective is for the value of the shares (based on NAV per share) to reflect the value of the digital assets held by the fund … plus any cash held by the fund and reduced by the fund’s expenses and other liabilities,” Grayscale explained. Currently, only cash-based creation and redemption of shares are available, and no staking of the fund’s assets is permitted. Grayscale also addressed the significant historical trading discounts on OTCQX, where the fund’s shares have frequently traded below net asset value (NAV). From July 1, 2022, to Dec. 31, 2024, the maximum observed discount was 63%, with an average of 40%. That discount narrowed to 12% by year-end 2024 and stood at 10% as of March 18. The firm believes that exchange listing and a redemption program could align share price with NAV. The filing detailed: Upon listing on NYSE Arca, the manager expects the market price of the shares and the NAV per share to converge. The fund uses Coinbase Custody Trust Company as custodian, The Bank of New York Mellon as administrator and transfer agent, and operates under Cayman Islands regulations. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。

Bitcoin in retirement plans? Sen. Tuberville revives crypto bill In a Monday evening interview with Larry Kudlow on Fox Business, Senator Tommy Tuberville (R-Ala.) voiced strong support for President Trump’s latest economic agenda, particularly its emphasis on deregulation and access to cryptocurrency. Tuberville, the sitting Senator since 2021, spotlighted his “Freedom’s Act,” a policy that would allow Americans to invest their retirement funds in Bitcoin (BTC) and other altcoins. Tuberville introduced his act in 2022 and 2023 but it failed to make any notable progress. He hopes that now with the backing of President Donald Trump his vision can become a reality. “President Trump has become the crypto president and we want to help him with this,” he said. “This would be something good for everybody… diversify. It’s a free country., do what you want with your money. Tuberville contrasted Trump’s .

$ACT /USDT – Emergency Market Breakdown Report #ACT has experienced an extreme and sudden collapse, dropping from $0.1937 to a low of $0.0673 — a brutal decline of nearly 75% within 24 hours. At the time of reporting, it’s trading around $0.0678, showing no real signs of recovery yet. Key Details: 24h High: $0.1899 24h Low: $0.0673 Current Price Drop: -64.18% 24h Volume: Over 3.34B ACT traded, suggesting panic sell-offs or a mass liquidation event What Likely Happened? Panic Selling: The long flat period before the drop shows a sudden wave of exits, likely triggered by insider news, whale movements, or system-related issues. Confidence Breakdown: A crash this steep usually reflects more than technical weakness — it hits the fundamental trust of the market in the project. No Real Support Bounce: Despite high volume, there's no meaningful recovery. Buyers are clearly afraid to step in, indicating a serious loss of confidence in ACT. Outlook: Short-Term: Volatility is extremely high. Catching a bounce here is dangerous without confirmation. Strong caution is advised. Mid-Term: ACT must reclaim levels above $0.10 to even begin rebuilding trust. Until then, price could continue sliding or consolidating in the lower ranges. Sentiment: Bearish and broken. This is a classic crash pattern that often leads to prolonged sideways action or delisting risk if no news or recovery plan follows. Final Note: Holders are right to be alarmed. Unless there's an official statement or recovery catalyst, this kind of collapse often leaves long-term damage. Watch for any announcements from the ACT team or unusual trading halts. Trade here on $ACT

$ACT is it cover 0.08000