8.20 BTC Between 114800 and 115300, target 116800 The support at the 114500 line below is still valid, and this position corresponds to multiple previous daily dips. As long as the support is effective, there will be fluctuations. The focus will be on the support line; once it breaks, the trend will enter the next box structure. #美联储降息25个基点##BTC战略储备市场影响#

#PI#btc#ETh#pi The core significance of Fast Track KYC In simple terms, the significance of Fast Track KYC lies in completing identity verification for tens of millions or even hundreds of millions of pioneers (Pi users) in the shortest possible time, at a lower cost and in a secure manner, thereby filtering out genuine user accounts and clearing obstacles for the open mainnet and a healthy, compliant ecosystem. 1. Ensure user authenticity (anti-fraud and anti-bot): · Pi Network adopts a free mining model, attracting a vast number of users worldwide. This inevitably includes a large number of "fake accounts" created by machine programs or "multiple accounts" controlled by one person. If KYC is not conducted, these fake accounts will obtain a large amount of unwarranted Pi coins, which will flood the market after the mainnet launch, severely diluting the value of real users and causing the price to plummet, potentially even destroying the entire network's economic system. · KYC is the only effective means to filter out these "impurities" and ensure that every Pi coin transferred to the mainnet corresponds to a real, living person. 2. Meet global regulatory compliance requirements (Anti-Money Laundering AML/Counter Financing of Terrorism CFT): · Pi Network aims to create a global cryptocurrency and ecosystem. Once it enters the open mainnet, Pi coin will have real financial value, can be traded on exchanges, and used to purchase goods and services. · Financial regulatory agencies in various countries (such as the FinCEN in the United States, the AMLD5 in Europe, etc.) require any financial service providers (including blockchain projects) that handle valuable assets to comply with KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations. Without compliant KYC, Pi Network will not be able to operate legally, will be removed from major app stores, will be unable to cooperate with legitimate merchants and exchanges, and may even face legal action risks. 3. Building a Trustworthy Ecosystem Foundation: · A network where all accounts are verified, with a level of trust and security far greater than that of anonymous networks. This is crucial for attracting developers to build Pi-based applications (such as e-commerce, gaming, and financial services). Developers know that their products are aimed at real users, and that transactions and interactions are safe and reliable. For merchants and businesses, their willingness to accept Pi currency payments is predicated on the network being compliant and the users being genuine, thereby avoiding the risk of receiving "dirty money" from illegal activities.

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