Bitcoin Rips, Hits $96,750! Coinbase Crypto Bill Concerns; Ripple Expansion
The crypto market shows positive movement with Bitcoin reaching a new 2-month high, up 2% at $96,750. Ethereum also increased by 2% to $3,360. Other top movers include DCR, DASH, ICP, and ZEC. Coinbase has withdrawn support for the Senate's crypto market structure bill due to concerns with the latest draft, leading to a delay in the Senate vote.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 secured a license in Luxembourg as part of its European expansion. The Human Rights Foundation awarded nearly $1.3M in Bitcoin grants. Figure introduced a new public equity network for on-chain stock issuance. FTX is preparing another round of creditor payments, with the next distribution scheduled for March 31. Sui has resumed operations after a six-hour network stall.
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