Here’s your crypto news roundup: • Bitcoin’s Price Dynamics: | Bitcoin & Crypto Trading
Here’s your crypto news roundup:
• Bitcoin’s Price Dynamics: Bitcoin reached a new all-time high before experiencing a 10% drop from $69,325 to lower than $60k. The current price of Bitcoin (BTC) is $66,150.80.
• Binance Adjustments: Binance will cease Nigerian naira services amid regulatory scrutiny. Binance.US faced a significant workforce reduction, asset exodus, and revenue drop following an SEC lawsuit.
• Legal Developments: Do Kwon’s extradition to the U.S. is delayed after a Montenegro court decision. The crypto industry achieved a win against the U.S. Department of Energy’s emergency bitcoin mining order.
• Regulatory Actions: The SEC delayed decisions on spot ether ETF applications from BlackRock and Fidelity, seeking public comments on their viability.
• Market Performance: The CoinDesk 20 Index hit an all-time high, with a one-week gain of 24%. Meme coins SHIB and DOGE soared, gaining 237% and 102%, respectively.
Stay informed and navigate the ever-evolving world of crypto!
@Bitcoin_Blockchain_Trading