As America celebrates 250 years of freedom, most U.S. adults want to curtail children’s freedom online.  According to a recent Pew Research Center poll, 56 percent of Americans support banning anyone under 16 from using social media sites. The poll, which surveyed 9,750 U.S. adults from May 26 to June 1, reflects growing bipartisan support for restricting children’s access to social media as governments in Australia and the U.K. move toward age-based limits. Supporters of social media bans, like social psychologist Jonathan Haidt, have argued that social media has severely damaged teens’ mental health and that it has “devastated” their…

Key takeaways:Bitcoin derivatives show resilience despite bearish pressure from Strategy’s Bitcoin sales.Onchain Bitcoin data points to sellers’ exhaustion, strengthening the $60,000 support level.Bitcoin price quickly recovered from the selloff to $61,300 that followed Strategy’s Bitcoin sale announcement. Despite the negative impact on traders’ sentiment, the additional $216 million cash position eased concerns about the company’s ability to pay dividends and cover its debt. Does the quick recovery suggest that Bitcoin bulls back in control?Bitcoin perpetual futures annualized funding rate. Source: LaevitasThe Bitcoin perpetual futures annualized funding rate jumped to 9% on Monday, indicating balanced demand between bullish and bearish leverage.…

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