Bitcoin Rips, Hits $96,750; Coinbase Crypto Bill Concerns; Ripple Expansion
The crypto market shows positive movement, with Bitcoin reaching a new two-month high, up 2% at $96,750. Ethereum also increased by 2% to $3,360. Top movers included 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 Coinbase has withdrawn support for the Senate's crypto market structure bill due to concerns with the latest draft, leading to a delay in the Senate vote.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 $1.3M in Bitcoin grants to human rights and freedom tech projects. Figure introduced a public equity network for on-chain stock issuance. FTX is preparing creditor payments, with the next distribution scheduled for March 31. Sui resumed operations after a six-hour network stall.
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