Monthly exchange traffic reaches $10.9 billion, setting a new high since May 2021

🔥 HUGE: ~350K BTC was sold at a loss.

The monthly exchange traffic reached $10.9 billion, the highest level since May 2021. （Cointelegraph）

Under the leadership of US President Trump, the SEC has abandoned major cryptocurrency cases against companies such as Coinbase and Ripple. （Decrypt）

BlackRock CEO Larry Fink said he sees the huge use cases of Bitcoin and is excited about it. （Bitcoin Archive）

[Indiana Lawmaker: Crypto Bill Should Not Only Benefit BTC, No Market Cap Threshold Set] Indiana Representative Kyle Pierce stated that legislation should not solely benefit BTC. The crypto bill submitted this month is broad in scope, with no market cap threshold set, aiming to promote the entire crypto market rather than focusing on Bitcoin, Ethereum, or Tether. Pierce pointed out that newly issued tokens are not suitable for public employee retirement investments. Additionally, the bill includes protections for miners, prohibiting state governments from taking negative actions against mining activities.