Bitcoin Rallies, Coinbase Shifts Stance on Crypto Bill, and More Crypto News
The cryptocurrency market shows positive movement, with Bitcoin reaching a new two-month high. Other top movers include DCR, DASH, ICP, and ZEC, while XMR hit an all-time high before retracing. Coinbase has withdrawn its support for the Senate's crypto market structure bill, raising concerns about the latest draft and leading to a delay in the Senate vote. Zcash avoided SEC action after the agency concluded its investigation. Ripple secured a license in Luxembourg, continuing its European expansion. Pakistan is collaborating with World Liberty Financial to explore stablecoin use cases. The Human Rights Foundation awarded Bitcoin grants to projects focused on human rights and freedom tech. Figure introduced a public equity network for on-chain stock issuance. FTX is preparing creditor payments, and Sui has resumed operations after a network stall.
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