Pepe coin daily trading volumes skyrocketed to $3 billion, second after Bitcoin and Ethereum.
Hong Kong Securities and Futures Commission is also working on issuing licensing guidelines for crypto firms, which would come in the next month of May.
Keeping macros asides, analysts are betting on the upcoming Bitcoin halving event scheduled in the mid of 2024.
Coinbase is facing another lawsuit over the illegal use of customers biometrics and use of private information such as facial information and fingerprints.
Amid banking crisis and fragile macro environment, Bitcoin and crypto pumped decoupling majorly from the broader equity markets.
The White House’s Council of Economic Advisers (CEA) argues that crypto mining activities are causing much harm to the environment and thus shall pay additional excise tax.
Bitcoin price shot up instantly as news of another banking crisis in the US spread. BTC is now trading at over 7% gains in the last 24 hours.
As Bitcoin shows strong resilience against global macros, experts believe the upcoming Bitcoin halving could be a strong price driver for the cryptocurrency.
The Cardano wrapped Bitcoin cBTC will utilize the anetaBTC protocol and shall operate within the Cardano ecosystem to boost Bitcoin liquidity.
Top crypto personalities praise the EU for this landmark decision and promise their cooperation to make adjustments in their company over the next few months.