Major cryptocurrencies traded 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 leading movers, DASH climbed 60%, IP advanced 30% and Monero gained 13%. Monero reached another all-time high of $680 before easing to $640. Gold and silver also set fresh records amid developments surrounding the Powell investigation. In Washington, the U.S. Senate released a draft Crypto Market Clarity Act that includes restrictions on stablecoin rewards. Senator Elizabeth Warren separately questioned the SEC’s decision to allow crypto exposure in 401(k) plans, citing risks for retirees. Vitalik Buterin called for stronger decentralized stablecoins, pointing to governance capture and inflation risks. World Liberty Financial launched a lending platform based on its USD1 stablecoin, attracting about $20 million. BitGo filed for a U.S. IPO at a targeted valuation of roughly $2 billion, while Tennessee regulators ordered several prediction-market operators to stop sports markets and refund users.
