Here are some of the top crypto news stories today:
Market Trends
- *Global Cryptocurrency Market*: The global cryptocurrency market capitalization decreased by 4.3% to $3.04 trillion, with a daily trading volume of $157 billion.
- *Bitcoin (BTC)*: Bitcoin appreciated 5.8% to $93,693.
- *Ethereum (ETH)*: Ethereum saw the highest rises, up 11.6% to $1,801.
Adoption and Partnerships
- *Paydify's Launch*: Paydify, a universal gateway for crypto payments, has officially launched to enable businesses to accept crypto payments from any wallet or blockchain network.
- *Arch Labs Funding*: Arch Labs closed a $13 million Series A funding round to launch a native Bitcoin Virtual Machine.
- *Ubisoft and Immutable Partnership*: Ubisoft teamed up with Immutable to launch a blockchain-based strategy card game, Might & Magic: Fates.
- Trump Media and (link unavailable) Partnership: Trump Media finalized its ETF partnership with (link unavailable) to launch exchange-traded funds with a "Made in America" focus ¹ ² ³.
Regulatory Updates
- *SEC and Crypto*: The SEC and Binance had "productive discussions" in their two-year legal battle, with the agency considering guidelines for "covered" tokens.
- *SEC Chair*: Incoming SEC Chair Paul Atkins may drop the case against Ripple, with the SEC and Ripple pausing XRP lawsuit appeals amid settlement talks ⁴.
Other News
- *Immutable's Web3 Game*: Immutable co-founder Robbie Ferguson teased a major announcement for their Web3 game.
- *Omni Network's User Program*: Omni Network launched a $10 million user program to encourage users to interact with SolverNet-enabled apps.
- *Crime Syndicates and Stablecoins*: A UN report warned that crime syndicates are minting stablecoins to launder billions of dollars ⁵ ⁶.