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  • Bitcoin's price remains volatile, with traders divided between predictions of a potential crash to levels not seen in over a year and a rebound past the $90,000 mark, with analysts warning of signs indicating a bear market.
  • In Brazil, crypto activity surged by 43%, highlighting increased maturity in the market as average investments per user surpass $1,000, reflecting evolving investor risk preferences.
  • Klarna's partnership with Coinbase allows for stablecoin funding from institutions as the fintech giant looks to integrate digital currencies into its treasury and capital markets strategies.
  • US lawmakers are proposing tax breaks for small stablecoin payments and staking rewards, aiming to create a more favorable regulatory environment for cryptocurrency while advocating for continued industry growth.
  • Concerns surrounding regulatory developments have intensified after pro-crypto Sen. Cynthia Lummis announced she will not seek reelection, raising fears over the future of crypto legislation in Congress.

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