Bitcoin has experienced a dramatic 50% drop from its all-time highs this week, driven by forced liquidations and significant sell-offs by major investors. This sharp decline has raised concerns across the cryptocurrency market, prompting discussions on regulatory oversight and market stability. Former CFTC Chair Giancarlo has weighed in on the situation, discussing the implications of the crash, the role of prediction markets, and his support for federal oversight through an amicus brief. Meanwhile, NY-12 candidate Laura Dunn is highlighting her pro-crypto stance in her campaign, and Blockchain Association CEO Summer Mersinger has commented on the recent White House meeting between crypto leaders and banks, focusing on stablecoin yield discussions.