CFA Report Pegs US Crypto Fraud Losses at $80.7B

Bitcoin remained stable around $95,000 as U.S. stocks dropped due to President Trump's trade negotiation frustrations. Altcoins like Ethereum and Solana experienced minor losses, with the market awaiting the Federal Reserve's interest rate decision.

eToro has launched its U.S. IPO roadshow, aiming for a valuation of up to $4 billion. The company plans to offer 10 million Class A shares at a target price of $46 to $50, with an option for underwriters to purchase an additional 1.5 million shares.

Speculation surrounding the death of Zerebro's founder led to a significant pump in the Solana token LLJEFFY, reaching a market cap of $104.93 million. However, the obituary was later removed due to lack of confirmation from local authorities.

Thumzup Media Corporation has increased its maximum offering amount from $200 million to $500 million by filing an amendment to its shelf registration on Form S-3 with the SEC. The company aims to scale its social media branding platform and expand its Bitcoin holdings.

21Shares launched an exchange-traded product tracking Cronos, the native token of Crypto.com, to provide investors with exposure to the blockchain ecosystem. The ETP aims to drive real-world crypto adoption without investors needing to directly hold the asset.

Governor Kelly Ayotte signed bill HB 302 into law, allowing New Hampshire to establish a Bitcoin reserve. The state is the first to enact such legislation, with plans to invest in cryptocurrency and precious metals. Bitcoin is the only digital asset that currently qualifies, based on market cap requirements.

According to Standard Chartered, BNB is projected to increase by 360%, trading similarly to Bitcoin and Ethereum. Despite limited utility, the coin's price is expected to reach $2,775 by 2028, maintaining its stability as a benchmark for digital assets.

House Democrats, led by Maxine Waters, walked out of a digital assets hearing, objecting to President Trump's crypto ventures. The walkout prompted a shift to a more informal roundtable with industry leaders and regulators discussing market structure bills.

Two dormant Bitcoin whales moved a total of 3,422 BTC, valued at $324.2 million, after being inactive since 2014. The recent whale activity aligns with a surge in movements by long-dormant Bitcoin holders observed in recent years.

Representative Gerry Connolly accuses President Trump of having '100 conflicts of interest,' particularly in the crypto industry, calling it "open corruption." The Trump family's involvement in DeFi ventures and memecoins has raised concerns among lawmakers.