SEC Sends Crypto Custody Rule Overhaul to White House for Review

Bitcoin pushed to $80,053.26, up 2.07%, with ether close behind at 3.77%. It was a broad green day: 88 of the top 100 coins tracked rose, against just 11 declines, the kind of breadth that suggests buyers were in control across the board rather than one asset pulling the rest along.

VeChain led the gainers, up 20.45%, while Pyth Network was the day's outlier on the downside, falling 10.91%. That split, one coin sharply higher on limited company-specific news and another sharply lower, is normal even on days when the overall market is climbing.

The bigger story sat in regulation. The SEC sent its rewrite of custody rules for investment advisers and funds holding digital assets to the White House for review, a step toward clarity even with the Clarity Act vote still stalled. Alongside it, 39 state banking associations formed the BankChain Alliance aiming for a 2027 blockchain launch, and both Revolut and Coinbase pushed further into mainstream product territory with a new euro stablecoin and Bitcoin-backed mortgages.

Named today: VeChain (VET) predictions · Pyth Network (PYTH) predictions

Crypto is not down today. Bitcoin is at $80,053.26, up 2.07%, ether is up 3.77%, and 88 of the top 100 coins tracked are higher against only 11 lower.

On the days when people search this, the usual culprits are a stronger dollar, weak macro data spooking risk assets broadly, a large exchange liquidation cascade, or a specific piece of bad news like an exploit or regulatory crackdown that spreads fear across the market.

Leveraged positions can turn an ordinary dip into a sharp one. When prices fall fast, exchanges force-close leveraged longs, and that forced selling adds to the drop, which is why red days often look worse than the news alone would suggest.

None of that describes today. Today's move is upward and broad, with the SEC's custody rule progress and expanding banking-sector blockchain plans adding to the case for a market cap turning more optimistic rather than fearful.

Bitcoin's climb to $80,053.26, a 2.07% gain, is the backbone of today's move, with ether up 3.77% and 88 of the top 100 coins tracked trading higher against just 11 lower.

Regulatory progress is part of the backdrop. The SEC sending its crypto custody rule overhaul to the White House for review is a concrete step toward the kind of clarity that tends to ease institutional hesitation, even with the Clarity Act vote stalled elsewhere in Washington.

Traditional finance is also leaning in. The formation of the 39-state BankChain Alliance targeting a 2027 blockchain launch, Revolut's new euro-backed stablecoin, and Coinbase and Better's expanded Bitcoin-backed mortgages all point to deeper integration between crypto infrastructure and mainstream finance.

VeChain's 20.45% jump shows individual coins can move well beyond the market average on a day like this, while Pyth Network's 10.91% drop is a reminder that even broad rallies leave stragglers behind.

94 calls settled yesterday with a 48.9% crowd hit rate, and the best call correctly called SUI down 7.55%.

Today's Daily Call asset is Haedal Protocol (HAEDAL), one shared question, up or down by midnight UTC. Think you can read this market? Put a timestamped call on record. It's free, and your accuracy is scored publicly.