The crypto market shows positive movement, with Bitcoin (BTC) up 1.5% at $92,000 and Ethereum (ETH) increasing by 1% to $3,130. XMR reached a new all-time high of $680 before settling at $640. Regulatory developments include the US Senate's draft Crypto Market Clarity Act, which proposes limits on stablecoin rewards. Senator Warren has also raised concerns with the SEC about including crypto in 401(k) plans. Vitalik Buterin emphasized the need for better decentralized stablecoins. World Liberty Financial launched a crypto lending platform around its USD1 stablecoin, attracting approximately $20M. BitGo filed for a U.S. IPO targeting a ~$2B valuation. Tennessee regulators ordered Polymarket, Kalshi, and Crypto.com to halt sports prediction markets.

The crypto market shows positive movement, with Bitcoin (BTC) up 1.5% at $92,000 and Ethereum (ETH) increasing by 1% to $3,130. XMR reached a new all-time high of $680 before settling at $640. Regulatory developments include the US Senate's draft Crypto Market Clarity Act, which proposes limits on stablecoin rewards. Senator Warren has also raised concerns with the SEC about including crypto in 401(k) plans. Vitalik Buterin emphasized the need for better decentralized stablecoins. World Liberty Financial launched a crypto lending platform around its USD1 stablecoin, attracting approximately $20M. BitGo filed for a U.S. IPO targeting a ~$2B valuation. Tennessee regulators ordered Polymarket, Kalshi, and Crypto.com to halt sports prediction markets.