Network economist Timothy Peterson’s model suggests Bitcoin could bottom at $57,000 in the next bear market, but he said it’s unlikely as too many investors “hover over Bitcoin like vultures.”

U.S. House Stablecoin Bill Goes Live in Flurry of Crypto Activity on Capitol Hill
The U.S. Congress’ opening priority for the crypto industry is to quickly finish a stablecoin oversight bill, and the House of Representatives has released the