Today the crypto market is showing a decline: most altcoins are in the red zone. Bitcoin (BTC) is trading around $92,265, Ethereum (ETH) is approximately $1,760.

Fear and greed index: 63 — greed.

🗞 Main news for the morning:

• SEC changes its approach to regulating cryptocurrencies

The U.S. Securities and Exchange Commission (SEC) signals a shift to principle-based regulation of cryptocurrencies, moving away from the strict policy of the previous administration.

• PayPal launches rewards program for stablecoin holders

PayPal has announced the launch of a rewards program for users who hold the PayPal USD (PYUSD) stablecoin in their PayPal or Venmo wallets, offering an annual reward rate of 3.7%.

• Market capitalization of Tether exceeded $145 billion

According to the latest data, the market capitalization of the Tether (USDT) stablecoin has exceeded $145 billion, setting a new historical high.