Thursday’s edition of The New York Times asked a question I’ve been asking here for over a decade: “Is Letting Children Out Alone A Rite of Passage or a Crime?” Reason readers know it can, in some sense, be both: a rite of passage too often treated as a crime. One of the primary missions of Let Grow, the nonprofit I cofounded, is to make sure the parents who trust their kids with some reasonable independence are not investigated for neglect. But they are. The Times piece opens with the story of Mallerie Shirley—a story first reported in Reason. Shirley…

Bitcoin (BTC) declined into Friday’s Wall Street open as traders increasingly saw a BTC price breakdown next.Key points:Bitcoin stays below $63,000, heading steadily closer to new August lows while US stocks build on record highs.Analysis says that $63,220 must be reclaimed by the weekly close to avoid a deeper rout.Markets look to PCE inflation data as the next key test for risk assets.Bitcoin price sags with stocks at all-time highsData from TradingView showed BTC/USD down 1.3% on the day at $62,570, near its lowest levels month-to-date.BTC/USD four-hour chart. Source: Cointelegraph/TradingViewDespite encouraging US inflation data lifting risk assets and reducing the…

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