Signs of life?: State of Crypto

Several sources told CoinDesk that a new draft of the Clarity Act may drop this week, but challenges remain.
Source: www.coindesk.com

Several sources told CoinDesk that a new draft of the Clarity Act may drop this week, but challenges remain.
Source: www.coindesk.com
Bitcoin (BTC) climbed above $81,000 over the weekend, drawing trader caution as inflation data and political tension collide this week. The next technical target sits at $83,400 based on Fibonacci projections, with a rising RSI suggesting momentum continues to build. Investors now face Tuesday’s Consumer Price Index (CPI) print, Wednesday’s Producer Price Index (PPI), and…
The Commodity Futures Trading Commission (CFTC) ordered New York trader Sidney Lebental to pay $200,000 for spoofing US Treasury futures, ending a case tied to roughly 50 deceptive trades placed on the Chicago Board of Trade in 2019. Lebental neither admitted nor denied the findings under the settled order, which also prohibits him from trading…
DeFi lending protocol Edel disclosed a $403,000 exploit that hit the layer where tokenized stocks are trying to become DeFi collateral. Edel said no depositor would bear losses, and the team would absorb the bad debt, restore affected balances one-to-one, and rebuild the protocol’s oracle architecture for a version two release. The attack manipulated the…