Key Events in the Crypto Market

🟦Bitcoin (BTC) dropped by 0.28% over the past day to $83,117, while Ethereum (ETH) rose by 0.45%, reaching $1,907. PancakeSwap (CAKE) skyrocketed by 216% due to the popularity of the meme token Mubarak (MUBARAK).

🟦The SEC is considering loosening strict cryptocurrency custody rules. Tether has increased its stake in Bitdeer, now owning 21.4% of the company. Pump.fun sold 196,370 SOL worth $285.42 million.

🟦The Trump family’s project is set to generate $390 million in profits. Cronos will burn 70 billion CRO following a community vote, while the crypto market faces hacker attacks and major trader transactions.