Crypto majors are inexperienced; BTC +1.5% at $92,000; ETH +1% at $3,130, SOL +2% at $142; XRP +1% to $2.06. DASH (+60%), IP (+30%) and XMR (+13%) led high movers; XMR hit one other new ATH at $680 (now $640). Gold and Silver hit new ATHs once more within the wake of the Powell investigation. The US Senate launched the draft Crypto Market Readability Act, together with limits on stablecoin rewards. Senator Warren pressed the SEC over inclusion of crypto in 401ks arguing they expose retirees to an excessive amount of danger. Vitalik Buterin warned crypto wants higher decentralized stablecoins, citing governance seize and inflation dangers. World Liberty Monetary launched a crypto lending platform constructed round its USD1 stablecoin, attracting ~$20M. BitGo filed for a U.S. IPO concentrating on a ~$2B valuation as custody belongings surpassed $100B. Tennessee regulators ordered Polymarket, Kalshi, and Crypto.com to halt sports activities prediction markets and refund customers, escalating a multi-state authorized combat.
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