Cryptocurrency News: Latest Updates on Bitcoin, Ethereum, and Blockchain
Market Surges, Ethereum Proposal Faces Pushback
Bitcoin Bulls Nudge at 70K, Ethereum Issuance Slowdown Proposed
Cryptocurrency markets have seen a significant surge, with Bitcoin (BTC) reaching its highest point since 2021. Enthusiasts anticipate a possible new record high during the current rally.
Meanwhile, Ethereum Foundation researchers have proposed slowing the issuance of ETH, which has drawn pushback from the community.
Regulatory Concerns and Political Developments
Senator Calls Crypto a Scapegoat, SEC Considers Ether Security
Senator Tim Scott recently defended cryptocurrency against illicit finance concerns, emphasizing its scapegoating in crucial hearings.
The Securities and Exchange Commission (SEC) is exploring classifying Ether (ETH) as a security, which could have significant implications for the cryptocurrency market.
Industry News and Innovations
MicroStrategy May Flood Market with MSTR Shares, 1inch Partners with Mastercard
MicroStrategy, a prominent Bitcoin investor, could potentially release 16 million shares of MSTR, raising concerns about market saturation.
1inch, a leading decentralized exchange aggregator, has partnered with Mastercard to launch a crypto debit card.
Other Developments
Controversial Crypto Venture Banned in Portugal, Former Titans Return
Worldcoin, a controversial crypto biometrics venture, has faced a temporary ban in Portugal, adding to its regulatory woes in Europe.
As Bitcoin surges, notable figures from the crypto space's early days are reemerging, hoping to regain their spotlight.
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