Bitcoin Rallies, Coinbase Changes Stance, Ripple Expands in Europe
The cryptocurrency market shows positive movement with Bitcoin reaching a new two-month high, up 2% at $96,750. Ethereum also increased by 2% to $3,360. Coinbase has withdrawn its support for the Senate's crypto market structure bill due to concerns with the latest draft, leading to a delay in the Senate vote. Ripple has secured a license in Luxembourg, continuing its expansion in Europe. Other developments include Pakistan partnering with World Liberty Financial to explore stablecoin applications, and the Human Rights Foundation awarding Bitcoin grants for human rights and freedom tech projects. Figure introduced a network for on-chain stock issuance, while FTX is preparing creditor payments. Sui has also resumed operations after a network stall.
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