Bitcoin Rallies, Coinbase Crypto Bill Opposition, Ripple Expansion, and More
The cryptocurrency market saw Bitcoin reaching a new two-month high, trading at $96,750, while Ethereum also experienced gains. Other altcoins like DCR, DASH, ICP, and ZEC led the top movers. Monero hit a new all-time high before retracing. Coinbase withdrew support for the Senate's crypto market structure bill, causing a delay in the vote. Zcash avoided SEC action after an investigation concluded. Ripple secured a license in Luxembourg 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 and freedom tech projects. Figure unveiled 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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