Here are the latest crypto news updates:
Market Updates
- *Bitcoin Price*: Bitcoin has reached a new all-time high of $123,218, with traders eyeing a potential target of $125,000.
- *Ethereum Price*: Ethereum has surged 20% this week, with bulls aiming for the $4,000 level.
- *Altcoin Market*: Altcoins like Hedera (HBAR), Flare (FLR), and Ripple (XRP) have made significant gains, outperforming the broader market .
Regulatory Developments
- *GENIUS Act*: The GENIUS Act has been signed into law, aiming to block Big Tech and Wall Street from dominating the stablecoin market.
- *SEC Crypto Roundtable*: The SEC is exploring tweaks to tokenization regulations, with potential implications for the crypto industry .
Exchange and Adoption News
- *CoinDCX Hack*: Indian crypto exchange CoinDCX has suffered a major hack, losing $44 million in a security breach.
- *Trump's Crypto Plan*: US President Donald Trump is preparing to sign an executive order allowing 401(k) accounts to invest in cryptocurrencies.
- *Charles Schwab's Crypto Plans*: Charles Schwab's CEO has hinted at offering Bitcoin and Ethereum trading for clients .
Other News
- *NFT Market*: The NFT market cap has rebounded past $6 billion, with whale buys and sales driving growth.
- *Cardano Audit*: Cardano's founder has announced plans to release an ADA holdings audit report in August .
