🚨 BREAKING: Iran’s currency collapse hits a new extreme. - 1 USD now costs ~1,000,000 Iranian rials - The rial has effectively lost all real purchasing power This is exactly what Bitcoin was built for.
U.S. lawmakers are moving forward with a crypto market structure bill, with Senate hearings scheduled for Thursday. Senate Banking Committee Chair Tim Scott said the bill aims to make the U.S. “the crypto capital of the world,” keeping innovation and jobs domestic rather than overseas.
U.S. spot Bitcoin ETFs recorded another day of net outflows on Thursday, extending the streak to three straight sessions. Total outflows reached $399M, led by BlackRock’s IBIT (-$193M) and Fidelity (-$121M).