Bitcoin Rallies, Coinbase Crypto Bill Concerns, Ripple Expansion & More
The crypto market saw positive movement with Bitcoin reaching a new 2-month high. Ethereum, Solana, and XRP also experienced price fluctuations. Top movers included DCR, DASH, ICP, and ZEC, while XMR hit a new all-time high before retracing. Coinbase withdrew support for the Senate's crypto market structure bill, citing concerns with the latest draft, leading to a delay in the Senate vote. Ripple secured a Luxembourg license as part of its European expansion. Pakistan partnered with World Liberty Financial to explore stablecoin use cases. The Human Rights Foundation awarded Bitcoin grants to human rights projects. Figure introduced a public equity network for on-chain stock issuance. FTX prepared creditor payments, and Sui resumed operations after a network stall.
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