#CryptoRoundTableRemarks At the May 12, 2025, SEC Crypto Task Force roundtable, Chairman Paul Atkins announced a significant shift in U.S. crypto regulation. Moving away from enforcement-centric policies, Atkins emphasized establishing clear, rational rules for digital asset issuance, custody, and trading. He advocated for broader custody options and clarified that certain crypto assets may not fall under federal securities laws, urging the development of suitable exemptions and safe harbors. Commissioner Hester Peirce supported this approach, highlighting the potential of blockchain networks for asset tokenization. Conversely, Commissioner Caroline Crenshaw cautioned against favoring specific technologies, warning it could lead to governmental bias in market dynamics.
$BTC Bitcoin Traders Brace for Inflation Data Impact Bitcoin (BTC) is trading around $102,598 as of May 13, 2025, ahead of the U.S. Consumer Price Index (CPI) release scheduled for 8:30 AM ET today. The CPI data is anticipated to influence market sentiment significantly.  • If CPI Exceeds 2.4%: Persistent inflation may prompt the Federal Reserve to maintain higher interest rates, potentially strengthening the U.S. dollar and exerting downward pressure on BTC prices.  • If CPI Falls Below 2.3%: Signs of cooling inflation could lead to expectations of rate cuts, possibly boosting BTC above its current resistance levels.  Traders are advised to monitor the CPI release closely, as it may trigger significant volatility in the crypto markets.  #Bitcoin #BTC #CryptoMarket #InflationData #MarketVolatility