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Treasury Secretary Scott Bessent recently pressed lawmakers to act on stalled crypto legislation, saying the United States must secure clear market structure rules before the end of the spring legislative window.

The bitcoin price rebounded above $71,000 today after days of large-scale selling.

Bitcoin price has fallen roughly 50% from its all-time highs, with over $1 billion in liquidations recorded in the past 24 hours.

In hearings today, Senator Lummis signaled willingness to work with Treasury on clearer Bitcoin tax guidance, including a potential de minimis exemption.

The bitcoin price is trading very near its one-year low.

The Senate Agriculture Committee advanced a crypto market bill 12-11 along party lines.

The White House is reportedly convening banking and crypto executives on February 2 to revive stalled U.S. crypto legislation, after Senate progress on market-structure rules collapsed earlier this month.

Strive raised $225 million in an oversubscribed preferred stock offering to pay down Semler-related debt and buy more bitcoin.

Allegations that an insider connected to a U.S. Marshals Service crypto contractor siphoned more than $40 million from government-linked wallets have raised fresh concerns over how the federal government safeguards seized bitcoin and other digital assets.

Nasdaq is moving to scrap position limits on Bitcoin and Ether ETF options, aiming to treat crypto funds like other commodity-based ETFs.