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Plain Language Blockchain Morning Report: The new U.S. strategic Bitcoin reserve bill cancels the goal of purchasing 1 million BTC and adds a 20-year lock-up period
The new U.S. strategic Bitcoin reserve bill cancels the goal of purchasing 1 million BTC and adds a 20-year lock-up period;
Kevin Warsh is sworn in as Chairman of the Federal Reserve;
The U.S. SEC delays the release of the exemption plan for tokenized U.S. stock assets trading;
The SEC approves Bitcoin index options listed on Nasdaq;
A suspected Bitmine address further increased its holdings by 60,000 ETH, worth approximately $125.9 million;
The three major U.S. stock indices close higher, with Qualcomm up more than 11%, while crypto-related stocks generally fall;
The U.S. House of Representatives plans to investigate insider trading involving prediction markets Polymarket and Kalshi;
Kalshi and Polymarket fail to stop lawsuits in Nevada and Washington State that classify them as gambling;
Gold, silver, and oil prices all pull back, while crypto volatility indices move in mixed directions.