Crypto bill, Bitcoin prediction, Saylor losses, Ledger breach

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Here's a look at your crypto daily download.

TD Cowan said US crypto market structure legislation could be delayed to 2027, with final rules potentially taking effect in 2029 if political hurdles are not resolved this year.

The firm said Democrat demands for conflict of interest restrictions affecting senior officials, including President Trump, could complicate passage this year.

Democrats, the firm said, may have little incentive to move quickly.

Particularly if they believe they can regain control of the House in the 2026 midterm elections.

Well, Tom Lee of Fundstrack Global Advisors predicts Bitcoin could reach a new all-time high by the end of January.

Lee forecasted a volatile but ultimately positive year for the crypto markets this year with a strong second half.

Lee had also predicted all-time highs for Bitcoin and Ethereum by the end of 2025, but that did not come to pass.

Well, Bitcoin accumulation.

The company strategy had a $17.5 billion unrealized loss in the fourth quarter tied to the decline in the value of the Michael Saylor-led company's roughly $63 billion cryptocurrency stockpile.

The company adopted accounting standards last year that required it to include the fair value of its Bitcoin holdings in its earnings.

The change has triggered multi-billion dollar swings between profit and losses in the previous three quarters, and Ledger is dealing with the new data.

Exposure incident involving its third party payment processor Global E.

Unauthorized access to Ledger users' personal details was detected, including names and contact information.

The company hasn't said yet the number of clients impacted.

In 2020, Ledger experienced a data breach that exposed information of 270,000 customers through e-commerce partner Shopify, and that is the latest crypto daily download headlines.