Crypto firm Ripple has sent a letter to the U.S. Securities and Exchange Commission (SEC) demanding clarity on the treatment of payment stablecoins and tokenized securities. This follows a meeting that the firm held with the Commission's Crypto Task Force a couple of months ago.

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While bitcoin sellers drove the price below $74,000 on Thursday, a fresh wave of sleeping coins sprang to life, transferring 665 BTC that had remained untouched for more than a decade. In total, 665 BTC worth just over $48 million, moved during the past day, all originating from wallets created in 2014 and 2015.

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U.S. spot Bitcoin ETFs have extended their losing streak to nine consecutive trading days of net outflows, marking the longest withdrawal period since the funds launched in January 2024. According to data from SoSoValue, investors have withdrawn approximately $2.8 billion during the nine-session stretch, making it the largest sustained period of selling pressure recorded for the products.

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Strategys perpetual preferred security, STRC, fell to as low as $97.11 on Thursday as Bitcoin declined toward the $73,000 level. The drop highlights the ongoing relationship between Bitcoin price movements and investor sentiment toward Strategys preferred shares.