Ethereum, Bitcoin and two other popular cryptocurrencies, Binance’s BNB and Ripple’s XRP, have experienced a remarkable surge this year, contributing a staggering $350 billion to the cryptocurrency market in 2023. However, the value of Bitcoin has declined in the past month, falling from its peak of just over $30,000 in 2023. This downward trend affected the price of Ethereum as well as BNB and XRP. Despite this, major players such as Microsoft and Goldman Sachs are covertly preparing for the next bullish market.
Amid concerns that the crypto industry is on the verge of a potential explosion, lawmakers in the United States have proposed a comprehensive framework aimed at establishing clear regulations for crypto companies operating within the country. Patrick McHenry and Glen Thompson, chairs of the…
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