Crypto markets moved higher, with Bitcoin up 1.5% at $92,000, Ethereum gaining 1% to $3,130, Solana rising 2% to $142 and XRP adding 1% to $2.06, according to Decrypt. Among the leading movers, DASH climbed 60%, IP gained 30% and Monero (XMR) rose 13%, reaching another all-time high of $680 before trading at $640. Gold and silver also set new all-time highs amid developments surrounding the Powell investigation. The U.S. Senate released a draft of the Crypto Market Clarity Act, which includes limits on stablecoin rewards. Senator Elizabeth Warren separately urged the SEC to reconsider allowing crypto exposure in 401(k) plans, citing risks to retirees. Vitalik Buterin called for stronger decentralized stablecoins, pointing to governance capture and inflation risks. World Liberty Financial launched a lending platform using its USD1 stablecoin, attracting about $20 million. BitGo filed for a U.S. IPO targeting a valuation of approximately $2 billion, while Tennessee regulators ordered Polymarket, Kalshi and Crypto.com to halt sports prediction markets and refund users.
