Crypto Market Fluctuates Amid Regulatory Uncertainty

The crypto market is known for its volatility, but recent developments have added another layer of complexity to the landscape. One of the key areas of focus is prediction markets, which are facing criticism from politicians who claim jurisdictional oversight. The New CFTC Chairman Mike Selig's comments have sparked a backlash, with many in the industry pushing back against what they see as an overreach.

Bitcoin has also been experiencing some turbulence, trading around $67,526 on Sunday and marking a 1.4% drop over the past 24 hours. This price instability has added to the uncertainty surrounding the cryptocurrency's future.

On a more positive note, decentralized AI is gaining traction as an investment opportunity. With a valuation of approximately $12 billion, it's clear that this sector has a lot of potential for growth and development. In contrast, centralized AI holds a much larger enterprise value of $12 trillion.