China Bans Bitchat, SEC Preps Crypto Regs, Bitcoin Tests Seventy Thousand Resistance

On today's episode, we cover China's removal of Jack Dorsey's Bitchat from Apple's App Store amid government crackdowns, the SEC's upcoming regulation crypto proposal now awaiting White House approval, and Bitcoin's struggle to break above the seventy thousand dollar ceiling. We also examine Strategy's latest three hundred thirty million dollar Bitcoin purchase, Aave's loss of key risk manager Chaos Labs, and growing competition between Bitcoin miners and AI firms for energy resources. Markets remain range-bound as traders await President Trump's Iran deadline, while institutional flows through spot ETFs hit their highest levels since February.