The Teachers Union Takes On Crypto Legislation
The AFT warns Congress that the new market-structure bill endangers pensions.
It is Wednesday, December 10th, 2025.
My name is Matt and I hope you enjoyed the couple days with Kyle. I did.
I love listening to the show when I do not have to do it, and honestly I still listen even when I record it. It is funny. I read the news, but when I hear the news, I learn more than when I read it. No idea why.
If you are not following my new political blog, go to The Angry Democrat. Please follow that.
And we have a free course for you. It is How to Set Up a Trading Business the Right Way by Mr. Craig Cobb. No catch. Link is in the show notes. If it is free, why not.
Let us get into the news.
SOLANA LIQUIDITY WEAKENS AS LEVERAGE BUILDS
Solana’s market structure is deteriorating even though the price has bounced. On chain data shows its 30 day profit to loss ratio below one, meaning traders are realizing more losses than gains. Liquidity has slipped back into bear market territory.
Analysts say Solana is in a full liquidity reset similar to prior bottoming phases. If historical patterns repeat, it could take another month.
Sell offs, declining futures open interest, market makers pulling back, and liquidity fracturing across pools are all contributing. At the same time, structural buyers are stepping in. Solana continues leaving exchanges and spot ETFs added nearly eighteen million dollars this week.
Crypto wide leverage remains elevated. There were four hundred thirty two million dollars in liquidations in twenty four hours. Solana alone saw fifteen point six million. If the price drops another five point five percent to one hundred twenty nine dollars, roughly five hundred million in longs would be wiped out.
A flush of that size could clear excessive leverage and potentially create stronger institutional inflows.
My take on this:
Every cycle has this exact moment. Bulls insist it is a bear trap. Bears insist it is the end. This is the uncertainty zone. This is the point where strategy matters.
If you are in profit, consider taking profit. If you are not, hold or dollar cost average. If number goes up and you want to secure gains, take them. If number goes down and you have dry powder, buy a little. If it goes further down, buy a little more.
There is no guaranteed narrative about resets, flushes, or timing. We could bounce. We could drop to one hundred ten, then eighty, then sixty. All possible. And today at 2 p.m. Eastern the Fed is speaking. That could get tricky.
SEC CHAIR ATKINS SAYS MANY ICOS ARE NOT SECURITIES
SEC Chair Paul Atkins stated that a wide range of ICOs should fall outside the agency’s jurisdiction. He says three categories — network sales, digital collectibles, and digital tools — should not be treated as securities and belong under the CFTC instead.
Only tokenized securities would stay under SEC oversight.
This would reopen the door to ICO fundraising in the United States for the first time since the crackdown began in 2017.
The SEC is moving forward with its Project Crypto initiative, which may include exemptions and safe harbors. Coinbase has already launched a U.S. facing ICO platform after acquiring Echo for three hundred seventy five million dollars.
EU OPENS ANTITRUST CASE AGAINST GOOGLE OVER AI TRAINING
The EU has launched an antitrust investigation into Google over claims that it uses publisher content and YouTube videos to train its AI models without fair choice or compensation.
Publishers say they are forced to either allow Google to use their content for AI summaries or lose visibility in search. YouTube creators face a similar problem. Upload content and Google gets full training rights. Competing AI companies are blocked from using the same material.
Officials say this strikes at the heart of platform dominance and AI power.
I hate these lawsuits. They are messy. They are always political. And the same EU regulators already issued a three point one billion dollar fine in September. They are also probing WhatsApp’s AI restrictions.
AFT URGES SENATE TO SCRAP CRYPTO MARKET STRUCTURE BILL
The American Federation of Teachers is lobbying the Senate to abandon the crypto market structure bill. They claim it weakens protections and exposes pension funds to unsafe assets.
Let me stop right there.
Why are teachers weighing in on crypto legislation.
If pensions are the concern, change how your pension allocators invest. You do not need to bully Congress about technology policy because you do not trust your own pension managers.
If you do not want crypto in your pension, say so. Problem solved.
Yes, pensions have been destroyed before. But historically it has been fraud, mismanagement, or corporate collapse, not because someone put two percent of funds into Bitcoin.
The union claims the bill lets companies put traditional securities on blockchains without SEC regulation. But a security is a security. It does not matter if it sits on a blockchain or a filing cabinet.
The bill aims to define SEC versus CFTC jurisdiction, create a federal framework for exchanges and issuers, and clean up the regulatory split. But momentum is slowing because of disagreements over DeFi oversight and peer to peer rules. Senators also say the Supreme Court’s upcoming decision expanding Presidential authority over regulators may complicate everything.
My take:
Total overreach by the AFT.
Stick to education. Control your own pension investments.
If I am missing something, tell me at matt@dailycryptonews.net or in the Spotify comments.
THOR WALLET ADDS TRON SUPPORT FOR NATIVE CROSS CHAIN SWAPS
Thor Wallet has added native support for Tron. Users can now hold, send, and cross chain swap TRX and TRC 20 USDT directly in app using ThorChain and near intents routing.
This unlocks cross chain swaps between Tron and Bitcoin, Ethereum, Solana, BNB, and more without bridges or wrapped tokens.
Thor Wallet has surpassed one billion dollars in swap volume.
And yes, ThorChain is the one where I missed my big moment. I am still salty. Deep cuts.
LISTENER COMMENTS
Jason:
Glad to continue contributing value.
PermaBear forever. We see you.
Neil McTavish:
Says props for calling out hypocrisy on the Dell situation and the body positivity double standard. Yes. If you bash someone’s appearance while preaching body positivity, you are a piece of shit.
Emerson Smith:
Says my language like “the whole left” feels us versus them.
Fair point. It was broad. It lacked nuance. But the silent majority actually has to stop being silent. If you want better politics, show up. Knock doors. Get involved. Do something. The extremes dominate because they participate.
CRYPTO PRICES
The time is 10:00 a.m. Eastern Standard Time.
Fear and Greed is at 30, which is fearful.
RSI is 50 and neutral.
Bitcoin: 91,780 dollars
Ethereum: 3,315 dollars
XRP: 2.06 dollars
BNB: 889 dollars
USDC: Number 6
Solana: 137 dollars
TRON: 0.277 dollars
Dogecoin: 0.145 dollars
Cardano: 0.462 dollars
Total Market Cap: 3.13 trillion dollars
Bitcoin: 1.83 trillion dollars
Ethereum: 400.4 billion dollars
That is our show.
My name is Matt.
Happy HODLing, Everyone.
References & Affiliates
📈 The Grow Me Co: Trading Business Webinar
🛠️ The Grow Me Co: Trading Course
💧 Solana Liquidity Plummets to Bear-Market Levels With $500M Liquidation Overhang
⚖️ SEC Chair Atkins Says Many Crypto ICOs Fall Outside Agency Purview
🇪🇺 EU Opens Antitrust Probe Into Google’s Use of Publisher & YouTube Content for AI Training
🏛️ Teachers Union Urges Senate to Scrap Crypto Market Structure Bill
🔗 THORWallet Adds TRON Cross-Chain Swaps Powered by THORChain and NEAR Intents
Self-Custody Crypto Roth IRA: athenic.xyz
Use Code DCN for $30 off: DCN
Where to Find DCN:
🌐 DailyCryptoNews.net
🐦 twitter.com/DCNDailyCrypto
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Disclaimer
This content is not financial, legal, or tax advice. It reflects personal opinions for educational and entertainment purposes only.
I am not a financial advisor or expert, and I do not guarantee any specific outcome.
Always do your own research before making any investment or financial decisions.
©Copyright 2025 Matthew Aaron Podcasts LLC
Daily Bitcoin, Ethereum, & Crypto News!
Really interesting breakdown. What we’re seeing here is the growing tension between traditional institutions and decentralized finance. When unions, regulatory bodies, and legacy systems push back against crypto, it’s rarely about the technology itself, it’s about the shift in power, transparency, and financial autonomy that blockchain introduces.
Crypto isn’t just a new asset class; it’s a restructuring of incentives. And institutions that depend on centralized control will naturally resist that change.
Appreciate the coverage on this. Conversations like these highlight why blockchain literacy is becoming essential, not optional.
- 0xObsidianEnoch