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The U.S. Securities and Exchange Commission has again delayed an exemption plan for innovative crypto projects after canceling a scheduled meeting on crypto regulation. The move adds to ongoing uncertainty as the industry waits for clearer rulemaking. Separately, 10x Research noted that Bitcoin trading volume has shrunk significantly, with price ranges narrowing to multi-month lows, pointing to weaker short-term volatility and reduced speculative momentum. In token activity, the "Niu Lai" token saw its market cap briefly surpass $40 million in the early hours today, setting another record high. Meanwhile, an address that chased gains bought 6.15 million MARSCOIN and lost about $110,700 in just two hours. Sources said Anthropic expects revenue to reach $190 billion to $200 billion by 2028, while Tom Lee expressed optimism about a "founder premium," arguing that OpenAI and Robinhood’s success is not dependent on AI tools. Elsewhere, Garrett Jin deposited 17 million WLFI, worth about $1.01 million, into Binance. Pons, after one month on the market, has posted nearly $2.5 billion in trading volume and burned more than $9 million worth of PONS.
