# Market Updates

- *Bitcoin Price*: Bitcoin recently broke out, surpassing $106,000 amidst market optimism. Its price fluctuates based on market trends and global events.

- *Ethereum Long-Term Holders*: Ethereum long-term holders are selling again, potentially indicating a shift in market sentiment.

- *Cryptocurrency Market Sentiment*: Retail crypto sentiment has hit a 2-month low, but experts believe it's a good sign for potential market growth.¹ ²

# Regulatory Developments

- *Coinbase and SEC*: Coinbase is seeking US SEC approval to offer blockchain-based stocks, expanding its services.

- *Wyoming Stablecoin*: Wyoming has announced 11 blockchain finalists for its WYST stablecoin project.

- *EU Market Access*: Coinbase has received a MiCA license, allowing it to enter the EU market.³