The crypto market shows positive movement with Bitcoin (BTC) up 1.5% at $92,000 and Ethereum (ETH) gaining 1% to $3,130. XMR led top movers, hitting a new all-time high of $680. Regulatory developments include the US Senate releasing a draft of the Crypto Market Clarity Act, which includes limits on stablecoin rewards. Senator Warren has also expressed concerns to the SEC regarding the inclusion of 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 as custody assets surpassed $100B. Tennessee regulators ordered Polymarket, Kalshi, and Crypto.com to halt sports prediction markets and refund users.

The crypto market shows positive movement with Bitcoin (BTC) up 1.5% at $92,000 and Ethereum (ETH) gaining 1% to $3,130. XMR led top movers, hitting a new all-time high of $680. Regulatory developments include the US Senate releasing a draft of the Crypto Market Clarity Act, which includes limits on stablecoin rewards. Senator Warren has also expressed concerns to the SEC regarding the inclusion of 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 as custody assets surpassed $100B. Tennessee regulators ordered Polymarket, Kalshi, and Crypto.com to halt sports prediction markets and refund users.