Here are some of the latest crypto news updates:
Market Updates
*Bitcoin Price*: Bitcoin's price has bounced back to $98,694 after the Federal Reserve kept interest rates steady, with some analysts predicting a possible rally to $100,000.
*Ethereum*: Ethereum's Pectra upgrade has added new features, which may positively impact its price in the near future.
Regulatory News
*US Treasury Secretary*: The US Treasury Secretary has expressed support for crypto bills, including stablecoin and market structure bills, being considered in Congress.*Arizona Law*: Arizona Governor Katie Hobbs has signed a law allowing the state to claim ownership of abandoned digital assets after three years.
Adoption and Partnerships
*Stripe*: Stripe has rolled out stablecoin accounts in over 100 countries, with the market capitalization of stablecoins surpassing $231 billion.
*Tether*: Tether has launched USDT on the Kaia blockchain, enabling 196 million LINE users across Asia to access stablecoin payments.
*Visa*: Visa has made a strategic investment in stablecoin infrastructure startup BVNK.
Other News
*Binance Founder*: Binance founder Changpeng Zhao has confirmed that he applied for a pardon from US President Donald Trump for his money laundering conviction.
*Coinbase*: Coinbase users have fallen prey to social engineering scams, resulting in losses of tens of millions of dollars.