Markets are looking healthy. Bitcoin’s at $92K, up 1.5%. Ethereum’s at $3,130, Solana at $142. XRP’s just above $2.
Dash led the pack with a 60% jump. IP climbed 30%. Monero hit another all-time high at $680 before settling to $640.
Gold and silver hit new all-time highs too. That’s in the wake of the Powell investigation.
The US Senate dropped a draft of the Crypto Market Clarity Act. It includes limits on stablecoin rewards. That’s going to be a fight. Senator Warren pressed the SEC over including crypto in 401ks, arguing it exposes retirees to too much risk.
Vitalik Buterin weighed in too. He warned the space needs better decentralized stablecoins, pointing to governance capture and inflation risks.
World Liberty Financial launched a crypto lending platform around its USD1 stablecoin. They’ve already pulled in about $20 million. BitGo filed for a US IPO targeting a $2 billion valuation. Their custody assets have passed $100 billion.
Tennessee regulators aren’t happy with prediction markets. They ordered Polymarket, Kalshi, and Crypto.com to halt sports betting products and refund users. That’s escalating a multi-state legal fight.
