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Mainstream Asset Performance (24h)   BTC: -5.5% Bitcoin fell below the $60,000 mark, recording its worst weekly performance since July 2024 as broad market selling pressure and liquidations intensified.   ETH: -11.1% Ethereum posted a sharp decline, moving closer to key support zones while rising liquidation pressure put approximately 343,075 ETH positions at risk.   BNB: -4.6% BNB also moved lower, dropping to around $578 amid the wider crypto market pullback.   Overall, the market saw strong downside momentum over the past 24 hours, with major assets facing heightened volatility as risk sentiment weakened. #Bitcoin #Ethereum #bnb #CryptoMarket #liquidation
Mainstream Asset Performance (24h)

BTC: -5.5%
Bitcoin fell below the $60,000 mark, recording its worst weekly performance since July 2024 as broad market selling pressure and liquidations intensified.

ETH: -11.1%
Ethereum posted a sharp decline, moving closer to key support zones while rising liquidation pressure put approximately 343,075 ETH positions at risk.

BNB: -4.6%
BNB also moved lower, dropping to around $578 amid the wider crypto market pullback.

Overall, the market saw strong downside momentum over the past 24 hours, with major assets facing heightened volatility as risk sentiment weakened.

#Bitcoin #Ethereum #bnb #CryptoMarket #liquidation
U.S. House Committee Prepares Crypto Tax Legislation   The U.S. House Ways and Means Committee is reportedly circulating seven discussion drafts focused on digital asset tax reform, signaling a major step toward comprehensive crypto legislation. Lawmakers are expected to introduce the package as early as this week, with a formal hearing anticipated next week.   The proposed effort reflects growing momentum in Washington to establish clearer tax rules for digital assets, an area that has long faced uncertainty for investors, traders, and businesses. If advanced, the legislation could address key issues such as reporting requirements, transaction treatment, and the broader tax framework surrounding cryptocurrencies and other blockchain-based assets.   This development may mark an important turning point for the crypto industry, as more defined regulations could improve compliance standards while also providing greater clarity for market participants. #cryptotax #DigitalAssets #CryptoRegulation #USCongress #USPolitics
U.S. House Committee Prepares Crypto Tax Legislation

The U.S. House Ways and Means Committee is reportedly circulating seven discussion drafts focused on digital asset tax reform, signaling a major step toward comprehensive crypto legislation. Lawmakers are expected to introduce the package as early as this week, with a formal hearing anticipated next week.

The proposed effort reflects growing momentum in Washington to establish clearer tax rules for digital assets, an area that has long faced uncertainty for investors, traders, and businesses. If advanced, the legislation could address key issues such as reporting requirements, transaction treatment, and the broader tax framework surrounding cryptocurrencies and other blockchain-based assets.

This development may mark an important turning point for the crypto industry, as more defined regulations could improve compliance standards while also providing greater clarity for market participants.

#cryptotax #DigitalAssets #CryptoRegulation #USCongress #USPolitics
BTC is trading at $61,147.91, down roughly 2.2% in the past 24 hours. During that period, it opened at $62,504.90, reached a high of $63,259.90, and dipped to a low of $59,130.91. In short, BTC is under some pressure today, but it remains comfortably above its daily low. #BTC走势分析 #BTC☀️ #USDTMarketCapOvertakesEthereum
BTC is trading at $61,147.91, down roughly 2.2% in the past 24 hours. During that period, it opened at $62,504.90, reached a high of $63,259.90, and dipped to a low of $59,130.91. In short, BTC is under some pressure today, but it remains comfortably above its daily low.
#BTC走势分析 #BTC☀️ #USDTMarketCapOvertakesEthereum
SEC Trading and Markets Director Jamie Selway said that SEC Chair Paul Atkins has instructed the division to create a framework for the listing and trading of tokenized securities, marking a major move toward bringing blockchain technology into traditional finance. $BTC ADAFallsToLate2020LowsAt$0.16 #USDTMarketCapOvertakesEthereum
SEC Trading and Markets Director Jamie Selway said that SEC Chair Paul Atkins has instructed the division to create a framework for the listing and trading of tokenized securities, marking a major move toward bringing blockchain technology into traditional finance.
$BTC
ADAFallsToLate2020LowsAt$0.16
#USDTMarketCapOvertakesEthereum
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