Big news in the world of cryptocurrency! Lots of things are happening, from government investigations to new rules being discussed. It's a bit confusing, but we'll try to make it simple.
- The US government is looking into how some rich people are paying taxes on their cryptocurrency profits.
- A president in Argentina got in trouble for promoting a cryptocurrency that went up and down really fast.
- The government agency that makes rules for money (SEC) is talking to lots of companies about how to handle cryptocurrencies better.
- The SEC said that some fun cryptocurrencies called 'memecoins' might not be something they need to control.
- One memecoin called TRUMP lost a lot of money, making some people lose about $2 billion!
| Crypto Event | Number/Fact |
|---|---|
| Dan Morehead's profits under investigation | Over $850 million |
| LIBRA market cap peak | $4.56 billion |
| TRUMP memecoin losses | $2 billion |
| TRUMP peak price | $72.60 |
| TRUMP current price | $17.48 |
