Bitcoin profit and loss ratio falls to 43-month low
Bitwise chief investment officer Matt Hougan said the bottom is “closer than ever,” while a Swan Bitcoin analyst suggested investors buy now at a discount rather than overpaying later.
US law enforcement group drops opposition to CLARITY Act: Report
The Major County Sheriffs of America said it still wants the CLARITY Act amended to give local law enforcement more resources to investigate illicit finance cases.
US senator calls for ban on elected officials issuing memecoins
The restriction proposed by Senator Kirsten Gillibrand would bar members of Congress, the US president and their spouses from “issuing or sponsoring their own digital assets.”
Donald Trump says ‘nothing wrong’ with $1.4B crypto windfall while in office
The US President disclosed earning more than $1 billion from crypto ventures amid discussions of a digital asset market structure bill in Congress and legislation to ban CBDCs awaiting his desk.
ESMA warns many prediction market event contracts already face EU retail ban
The European regulator said companies cannot circumvent EU financial rules by marketing binary-style products as event contracts rather than derivatives.