Bitcoin surges to $99K as Coinbase defeats Gensler’s SEC lawsuit pending Commission approvalCoinbase's settlement with SEC sets precedent in crypto regulation, sparking debate and potential legislative clarification.
Happy Friday!Bitcoin has reached a remarkable $99,000 following Coinbase's significant legal victory against the SEC, a development that could reshape the landscape of cryptocurrency regulation. This settlement not only alleviates a major legal burden for Coinbase but also sets a precedent that may encourage further legislative clarity in the crypto space. Meanwhile, the Pi Network experienced a volatile response to its open mainnet launch, with its token value plummeting over 50% after an initial surge. In tech advancements, Microsoft’s new quantum chip raises concerns about potential threats to Bitcoin, though current assessments suggest the cryptocurrency remains secure for now. Additionally, Sam Bankman-Fried is seeking clemency while expressing frustrations with the Biden administration's crypto policies, revealing a surprising shift in his political allegiance. Stay tuned for more insights on these developments below! LATEST SLATECAST 🎙️ Uphold CEO Simon McLoughlin talks stablecoins, regulation, and the future of crypto 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.25 trillion, with a 24-hour volume of $114.82 billion. The price of Bitcoin is $98,619.52, and BTC market dominance is 60.2%. The price of Ethereum is $2,756.97, and ETH market dominance is 10.3%. The best-performing sector is Communication, which gained 28%. The Crypto Fear & Greed Index is currently Neutral (55). Bitcoin surges to $99K as Coinbase defeats Gensler’s SEC lawsuit pending Commission approval
Coinbase's settlement with SEC sets precedent in crypto regulation, sparking debate and potential legislative clarification. 📰 Top News
Pi Network’s open mainnet launch causes short-lived rally for token before price crashes over 50%Pi Network's open blockchain launch triggers rapid rise and fall in token value amid speculative frenzy. New Microsoft quantum chip advances threat as Bitcoin reviews BIP360 for quantum resistanceBitcoin safe for now from quantum threats but technology progresses. Sam Bankman-Fried seeks clemency, empathizes with President Donald Trump over legal convictionsThe convicted FTX founder said his frustration with the Biden administration's crypto policies fueled a secrete shift in political allegiance to the Republicans.
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