Here are some of the latest crypto news and updates:
Market Updates
- *Bitcoin Price*: Bitcoin is currently trading at $83,683, showing a 5.09% increase. Analysts predict it could reach $88,000 with the current momentum.
- *Ethereum Price*: Ethereum is trading at $1,564.95, with a 2.94% increase. There's speculation that XRP could overtake ETH with ETF approval and Ledger integration boost.
- *Top Gainers*:
- *Popcat (POPCAT)*: $0.217883 with a 33.36% increase
- *Bonk (BONK)*: $0.0000122 with a 15.75% increase
- *dogwifhat (WIF)*: $0.396728 with an 11.11% increase
Regulatory News
- *Pakistan's Crypto Regulatory Framework*: Pakistan proposes a compliance-based crypto regulatory framework, focusing on anti-money laundering and Know Your Customer (KYC) controls.
- *US SEC*: Acting SEC chair Mark Uyeda eyes regulatory ‘sandbox’ for crypto firms, while Senators reintroduce PROOF Act to ban crypto fund co-mingling.
- *Illinois Senate*: Passes Crypto Bill to Combat Fraud and Rug Pulls.
Other News
- *Ripple and SEC*: File joint motion to pause XRP lawsuit appeals, hinting at a possible settlement.
- *Blockchain Gaming*: Sees more deals but less capital in Q1 2025, according to DappRadar.
- *Arizona Senate*: Officially passes Bitcoin Mining Rights Bill, awaits Governor’s approval ¹ ² ³.