*Today's Crypto Updates*
*Market Updates*
- *Bitcoin Price*: Bitcoin dropped to $95,000 amid Trump's new tariff announcements, with investors closely watching the market.
- *Crypto Funds*: Crypto exchange-traded products (ETPs) saw $2 billion in inflows last week, pushing the three-week total to $5.5 billion, with Bitcoin leading the gains.
- *S&P 500 and Nasdaq*: The S&P 500 index fell 0.21% to 5,640.60, while the Nasdaq 100 index dropped 0.39% to 19,879.60.¹ ² ³ ⁴
*Regulatory News*
- *US Crypto Bill*: The US House of Representatives released a draft crypto market structure bill, aiming to redefine digital asset oversight and provide regulatory clarity.
- *SEC Delays Litecoin ETF Decision*: The US SEC delayed its decision on Canary Capital's Litecoin ETF, leaving investors uncertain about the future of LTC ETFs.
- *Trump's Crypto Dealings*: Trump's crypto dealings are under scrutiny, with House Republicans unveiling a digital asset bill and critics calling for his impeachment.⁵
*Adoption and Innovation*
- *Ripple's New Strategy*: Ripple is buying up the second-largest stablecoin issuer, signaling a new strategy for the company.
- *VanEck Files for BNB ETF*: VanEck filed for a BNB ETF, the first in the US, which could potentially boost the adoption of Binance's BNB Chain.
- *Tether's AI Project*: Tether unveiled an open-source AI project with built-in USDT and Bitcoin payment integration, expanding its presence in the AI space.#BTC
