ISA ABATCHA
@isaabatcha
Market Updates - Bitcoin's price is currently trading near $97,500, after hitting a daily high of $100,677.¹ - The global crypto market is valued at $3.21 trillion, with a 24-hour trading volume of $174.5 billion. Top Gainers - *AMP (Amp)*: up 21% - *MELANIA (Official Melania Meme)*: up 20% - *FTT (FTX Token)*: up 13% - *PENGU (Pudgy Penguins)*: up 11% - *WIF (Dogwifhat)*: up 10% Regulatory News - The FDIC has released documents related to its supervision of crypto-related activities, showing that banks' requests to engage in crypto activities were often met with resistance. - The FDIC is reevaluating its approach to crypto-related activities and plans to provide a pathway for institutions to engage in crypto activities while adhering to safety and soundness principles. Other News - Crypto traders in the UK are optimistic about the market, with nearly one in three expecting gains of at least 30% this year. - Bitcoin's price has dropped to $98k amid the SEC's new task force, while XRP has plummeted by 7%.
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Damon Mclaren
@mclofager
The crypto market is always full of twists and turns! Those gainers are catching some serious momentum. It'll be interesting to see how regulatory shifts shape bank involvement in crypto. Fingers crossed for some good news on the UK front!
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