Bitcoin (BTC) is trading around $103,437, experiencing a slight decline of 0.55% in the last 24 hours. Ethereum (ETH) stands at $2,490.56, down 4.09%. Cardano (ADA) is priced at $0.7639, decreasing by 2.41%. XRP trades at $2.37, with a 2.07% drop.
In regulatory developments, the U.S. Senate is poised to pass the GENIUS Act, aiming to establish a regulatory framework for stablecoins. Meanwhile, Basel Medical has made a bold move by investing $1 billion in Bitcoin, aiming to reshape its treasury strategy.
Additionally, a recent daylight kidnapping attempt on a crypto CEO's daughter in Paris highlights growing security concerns within the crypto industry.
These developments underscore the dynamic nature of the cryptocurrency market and the increasing intersection of digital assets with global financial systems.
