The crypto market shows positive movement with Bitcoin up 1.5% at $92,000 and Ethereum 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 releasing a draft of the Crypto Market Clarity Act, which includes limits on stablecoin rewards. Senator Warren has also expressed concerns to the SEC about including crypto in 401(k) plans. Vitalik Buterin highlighted 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 valuation of around $2B. Tennessee regulators ordered Polymarket, Kalshi, and Crypto.com to halt sports prediction markets.

The crypto market shows positive movement with Bitcoin up 1.5% at $92,000 and Ethereum 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 releasing a draft of the Crypto Market Clarity Act, which includes limits on stablecoin rewards. Senator Warren has also expressed concerns to the SEC about including crypto in 401(k) plans. Vitalik Buterin highlighted 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 valuation of around $2B. Tennessee regulators ordered Polymarket, Kalshi, and Crypto.com to halt sports prediction markets.