Bank of England: Promises to quickly introduce stablecoin regulatory rules
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The Bank of England has promised to roll out stablecoin related regulatory rules "as quickly as the United States" to address concerns about the UK falling behind other countries in this field. （Cointelegraph）
The market is discussing whether Bitcoin will close below $94000 this Sunday, or whether Ethereum will close below $3000. Investors are paying attention to the price trends of the two major cryptocurrencies. （CoinDesk）
Analysts highlighted retail distress, rare social-dominance surges and warnings of a possible deeper pullback as several major tokens remained under pressure.