Here’s what happened in crypto today
Today in crypto, Wyoming has selected Aptos and Sei for its state-backed stablecoin pilot program. Aptos received the highest score among over 10 blockchains considered for the WYST project, scoring 32 points, with Sei close behind at 30 points. The initiative aims to promote financial innovation and transparency while generating state revenue through interest on US Treasury bonds. In other news, TikTok denied accusations from Congressman Brad Sherman that it purchased $300 million worth of Donald Trump’s memecoin. The platform called the claims false and irresponsible. Meanwhile, sentiment toward Bitcoin is split, as analyses show only 1.03 bullish comments for every bearish comment amidst a stable trading range around $104,500 over the past week. This sentiment shift is reminiscent of trends observed when market conditions turned volatile, as seen last April. A poll indicated balanced opinions on Bitcoin's potential to either rise above $114,000 or drop to $94,000, reflecting uncertainty in current market conditions.
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