In this week’s edition of the weekly recap, Bitcoin climbed above $72,000 as more than $3 billion in leveraged positions were liquidated, President Donald Trump urged Congress to pass a “fair” CLARITY Act, and the SEC proposed new crypto offering exemptions covering raises of up to $75 million.
Summary
- Bitcoin crossed $72,000 as more than $3 billion in leveraged positions were liquidated.
- Trump urged Congress to pass a “fair” CLARITY Act during a White House event.
- The SEC proposed crypto offering exemptions covering up to $75 million in annual fundraising.
- Citi plans to launch institutional Bitcoin custody through its Custody+ platform by year-end.
- Ethereum…
