The market retraced most of its gains during U.S. trading hours. As of now, $BTC is trading at $114,139 and $ETH at $3,611, with Bitcoin dominance at 61.88%.
The SEC stated that certain liquid staking activities—such as those by Lido, Marinade, and JitoSOL—do not constitute securities transactions and therefore don’t require registration, as long as they don’t involve investment contracts. The guidance marks a major regulatory win for the DeFi staking sector, offering much-needed clarity on how staking receipt tokens are treated.
A few other headlines include: $PROVE goes live and is currently trading at a ~$1B FDV, MetaMask to introduce "MetaMask USD" stablecoin issued by Stripe, and Binance Futures will launch a USDⓈ-Margined ALL Composite Index Perpetual Contract.
Over the last 24 hours, the top three gainers were $MNT, $SYRUP, and $ZBCN, while the top three losers were $KTA, $BONK, and $S.