Bitcoin Rallies, Coinbase Crypto Bill Opposition, Ripple Expansion
The crypto market shows positive movement with Bitcoin reaching a new 2-month high. Other top movers include DCR, DASH, ICP, and ZEC, while XMR hit an all-time high before retracing. Coinbase has withdrawn support for the Senate's crypto market structure bill, causing a delay in the vote.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, continuing its European expansion. Pakistan is collaborating with World Liberty Financial to explore stablecoin applications. The Human Rights Foundation awarded Bitcoin grants to human rights projects. Figure introduced a network for on-chain stock issuance. FTX is preparing creditor payments, and Sui has resumed operations after a network stall.
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