Hot crypto news
Here are some hot crypto news updates:
1. Bitcoin (BTC) Price Surge: Bitcoin's price has surged above $12,000 for the first time since 2018, driven by increased institutional investment and growing adoption.
2. Ethereum (ETH) 2.0 Update: Ethereum's highly anticipated upgrade, Ethereum 2.0, is set to launch in July, promising significant improvements in scalability, security, and usability.
3. Libra Stablecoin Delayed: Facebook's Libra stablecoin has been delayed indefinitely due to regulatory concerns and scrutiny from lawmakers.
4. Binance Launches DeFi Platform: Binance, one of the largest cryptocurrency exchanges, has launched a decentralized finance (DeFi) platform, allowing users to lend, borrow, and trade digital assets.
5. Coinbase Adds New Cryptocurrencies: Coinbase, a popular cryptocurrency exchange, has added support for three new cryptocurrencies: Chainlink (LINK), Compound (COMP), and Aave (AAVE).
6. Crypto Market Cap Reaches New High: The total market capitalization of all cryptocurrencies has reached a new high of over $2.5 trillion, driven by the surge in Bitcoin and other major cryptocurrencies.
7. SEC Approves First Bitcoin ETF: The US Securities and Exchange Commission (SEC) has approved the first Bitcoin ETF, allowing investors to buy and sell shares of a fund that tracks the price of Bitcoin.
8. Ripple Partners with Major Banks: Ripple, a cross-border payments company, has partnered with several major banks, including Bank of America and Santander, to improve cross-border payments and reduce costs.
9. Crypto Regulation in the US: The US government is considering new regulations for the cryptocurrency industry, including a proposed bill that would require cryptocurrency exchanges to register with the SEC.
10. Crypto Adoption in Africa: Cryptocurrencies are gaining popularity in Africa, with many countries adopting digital currencies as a means of payment and a way to access financial services.
Stay up-to-date with the latest crypto news and trends by following reputable sources such as Coindesk, CoinTelegraph, and The Block.