BTC risky close to $100K, China reignites trade-war, US to get SWF
BTC lingers beneath $100k as China tariffs US items. One other $400m liquidations in risky 24 hours. Liquidations yesterday could have reached $10b: Bybit. Trump set to create US sovereign wealth fund. Lummis hints sovereign wealth fund would purchase BTC. Professional-crypto Lutnick to steer sovereign wealth fund. Sachs set for AI & crypto press convention at this time. MicroStrategy halts BTC purchases, 1st time in weeks. ETH raises gasoline limits for first time since 2021. Its a good time so as to add ETH: Eric Trump. Hyperliquid flips ETH in 7-day revenues. WLFI strikes $212m ETH to Coinbase Prime. SEC can’t launch probes with out management approval. TRON, Motion Labs deny token swap for WLFI. CFTC probing Cryptocom and Kalshi’s contracts. Banks could restrict crypto exposures: TD Cowen. Kraken secures MiFID license in EU. Coinbase authorised to supply crypto companies in UK. WazirX set to vote on restructuring. Coinbase criticised for $300m misplaced to scams.