PsyopAnime Surges 30X, Monero Hits ATH, and Sharplink CEO Interview

Major cryptocurrencies are seeing positive movement, with Bitcoin (BTC) rising 1.5% to reach $92,000, Ethereum (ETH) climbing 1% to $3,130, Solana (SOL) advancing 2% to $142, and XRP increasing 1% to $2.06.

Among the top performers, DASH surged 60%, IP gained 30%, and XMR jumped 13%. Monero (XMR) reached another new all-time high of $680 before settling at $640. Meanwhile, both gold and silver notched new record highs following news of the Powell investigation.

In regulatory developments, the U.S. Senate published the draft Crypto Market Clarity Act, which outlines restrictions on stablecoin rewards. Concurrently, Senator Warren questioned the SEC regarding the integration of crypto into 401(k) retirement accounts, contending that such investments expose retirees to excessive risk.

On the industry front, Vitalik Buterin cautioned that the crypto ecosystem requires superior decentralized stablecoins, pointing to concerns over governance capture and inflationary pressures. World Liberty Financial debuted a new crypto lending platform centered around its USD1 stablecoin, which has already drawn approximately $20 million in capital.

Additionally, BitGo submitted an application for a U.S. initial public offering (IPO) aiming for a valuation of roughly $2 billion, as its assets under custody climbed past $100 billion. State oversight also intensified as Tennessee regulators instructed Polymarket, Kalshi, and Crypto.com to suspend their sports prediction markets and issue user refunds, adding fuel to an ongoing multi-state legal dispute.

Frequently Asked Questions

Which major cryptocurrencies posted gains?

Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP all saw positive movement, alongside top movers like DASH, IP, and XMR.

What milestone did Monero (XMR) reach?

Monero hit a new all-time high of $680 before trading at $640.

What regulatory and legislative actions were recently reported?

The U.S. Senate released the draft Crypto Market Clarity Act with stablecoin reward limits, Senator Warren pressed the SEC over crypto in 401(k)s, and Tennessee regulators ordered prediction markets to halt sports offerings and refund users.

How much did World Liberty Financial’s new platform attract?

The crypto lending platform built around the USD1 stablecoin attracted approximately $20 million.

What is BitGo’s valuation target for its IPO?

BitGo filed for a U.S. IPO targeting a valuation of roughly $2 billion as its custody assets crossed $100 billion.