Organizations such as Gemini, Kraken and and Andreessen Horowitz are backing a market structure bill dubbed FIT21 that’s teed up for a vote next week.
Morgan Stanley was the owner of $269.9 million of Grayscale’s Bitcoin Trust (GBTC) as of March 31, a 13F filing showed.
The macro environment continues to be a key driver for crypto performance, according to Coinbase analysts.
The U.S. House of Representatives is on the verge of a vote that will represent the closest the cryptocurrency industry has ever been toward finally winning regulation in the U.S., and the sector’s associations and top businesses are encouraging House leaders to support the effort.
The mismatch leaves room for “surprises to the upside” for ether, according to Coinbase analyst David Han.
Coinbase Upgraded to Neutral From Underperform at Bank of America on Positive Crypto Market Dynamics
The current macro backdrop has been positive for crypto market cap growth and trading volumes, the report said.
The Bitfinity EVM is designed to allow developers to Bitcoin-based Solidity smart contracts, allowing them to transfer BTC, Ordinals and Runes.
The Federal High Court of Nigeria has refused to grant bail to Binance executive Tigran Gambaryan.
The Nigerian court also ruled that the Binance exchange can be served the FIRS tax evasion charges through its executive Tigran Gambaryan.
The bill aims to introduce a licensing scheme for crypto firms, which will be handled by the CMB and bring the firms under the regulator’s scope.