Investors didn’t take too kindly to new crypto acquisitions from treasury companies on Monday, while announcements from crypto-pivoting businesses had the opposite effect.

ETHZilla CEO McAndrew Rudisill said the company’s strategy is to deploy Ether on the Ethereum network through layer-2 protocols and tokenizing real-world assets.

Nine US lawmakers asked the SEC to move forward on last month’s EO to speed up the inclusion of alternative assets like crypto in US retirement funds.

Tether said reports that it has exited Uruguay “do not accurately reflect the situation” and the local mining operator is working with the government to “resolve friction.”

The move comes as Avalanche sees rising activity in gaming and new institutional products, with backers including Hivemind, Galaxy and Kraken.

ETH’s sharp sell-off lined up with the broader crypto market panic and is not a sign of structural weakness. Data suggests institutions will lead the price recovery.

Bitcoin slips under $111,500 as $280 million in leverage long positions are liquidated, but key support levels may decide if BTC rebounds or risks a deeper breakdown.

The Transatlantic Taskforce for Markets of the Future will focus on exploring crypto laws and regulations between the two countries.

Strive’s $675 million Bitcoin buy and Semler merger create a 10,900 BTC treasury company, making it one of the world’s top corporate BTC holders.

Bitcoin’s sharp fall resulted in the biggest long liquidation in a 24-hour period, and the sell-off pulled many altcoins below their immediate support levels.