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Bitcoin has also continued its more moderately-paced momentum, inching toward $31K. ALSO: CoinDesk columnist considers Shapella's immediate and potential long-term impact.

Liquidations refer to the forced closure of bullish long and bearish short positions in leveraged perpetual futures markets. They often exacerbate price moves.

Bitcoin miners are posting the largest percentage stock gains on Monday.

The document proposes more tax reforms, clearer accounting standards and a DAO law.

The stablecoin offers greater transparency than competitors like USDT but that proved of little value as it was depegged during the recent banking crisis, says J.P. Koning.

U.S. lawmakers should recognize the unique qualities of Bitcoin as they set out market structure for the crypto economy, says John Rizzo.

The queue stood at 14 days late last week, but it’s lengthened as more exit requests piled in from validators on the blockchain. Also, staked ether deposits outpace withdrawals for the first time since last week’s Shanghai upgrade.

Robin Vince said the lender won't be as aggressive as other banks have been in trying to gain crypto deposits.

Highly skilled crypto users have reportedly lost an estimated $10 million in stolen funds since December, MyCrypto founder Taylor Monahan said.

Meme coins have outperformed the broader crypto markets in recent days, but some say profit-taking could reverse the rally.