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Welcome to The Node! This is Ben Schiller to take you through the latest crypto news.
Here are the top stories from CoinDesk's reporters today:Bitcoin Tops $100K for First Time in 3 Months; Are Upside Targets Too Low? In $2.9B Deal, Coinbase Buys Deribit to Expand in U.S. Crypto Options Market
98% of Tokens on Pump.Fun Have Been Rug Pulls or an Act of Fraud, New Report Says Sei Wants to Cut Cosmos Compatibility and Go All-In on EthereumIn Depth: Senate Stablecoin Measure Hits a SnagLast-minute Democrat objections led to a failed vote to move into debate on a top crypto industry legislative priority to regulate dollar-based tokens.