Major cryptocurrencies are showing positive movement, with Bitcoin (BTC) up 1.5% at $92,000 and Ethereum (ETH) increasing by 1% to $3,130. Monero (XMR) reached a new all-time high of $680 before settling at $640. The U.S. Senate has released a draft of the Crypto Market Clarity Act, which includes limits on stablecoin rewards. Senator Warren has expressed concerns to the SEC regarding the inclusion of crypto in 401(k) plans, citing potential risks for retirees. Vitalik Buterin has emphasized the need for improved decentralized stablecoins, highlighting governance capture and inflation risks. Tennessee regulators have ordered Polymarket, Kalshi, and Crypto.com to halt sports prediction markets and refund users.

Major cryptocurrencies are showing positive movement, with Bitcoin (BTC) up 1.5% at $92,000 and Ethereum (ETH) increasing by 1% to $3,130. Monero (XMR) reached a new all-time high of $680 before settling at $640. The U.S. Senate has released a draft of the Crypto Market Clarity Act, which includes limits on stablecoin rewards. Senator Warren has expressed concerns to the SEC regarding the inclusion of crypto in 401(k) plans, citing potential risks for retirees. Vitalik Buterin has emphasized the need for improved decentralized stablecoins, highlighting governance capture and inflation risks. Tennessee regulators have ordered Polymarket, Kalshi, and Crypto.com to halt sports prediction markets and refund users.