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Analysts said Tuesday's crypto price rally is a 'small bounce' that corrects overly cautious risk-off sentiment.
The regulators are examining OKX's decentralized finance services and digital asset self-custody, in addition to whether such services follow the European Union's MiCA regulations and could be subject to penalties, Bloomberg reports.
Despite a 38% reduction, Base continues to maintain a commanding lead over other Ethereum Layer 2 solutions.
The U.S. House voted to repeal a controversial tax rule that requires "custodial brokers" to collect and report user data to the IRS.
Movement on legislation to regulate stablecoins is underway this week as lawmakers in the House debated necessary provisions in the bill.
Standard Chartered attributes Bitcoin's recent downturn to broader equity market distress rather than cryptocurrency-specific issues.
Bloomberg analysts recently estimated Litecoin ETFs have the highest chance of approval, followed by Dogecoin and Solana products.
Ethereum Foundation spokesperson Joseph Schweitzer said the claim about the massive transfer was "fake."
Consensys, Yolo Investments and others also participated in the round, bringing Mesh's total funding to date to $120 million.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.