Bitcoin price rises on Israel-Iran ceasefire, Senate major crypto bill
Crypto prices, including BitcoinRose on Tuesday after President Trump declared a ceasefire between Iran and Israel.
Mid -Tuesday Bitcoin exceeded $ 105,000, ether Jumped over $ 2,400 and XRP It climbed for $ 2.19.
Since republican senators explained a large bill to determine the rules of the road for the crypto, the risky action in the markets that saw the rally in the increase of the Middle East was not the only source of momentum. In particular, when the legislation has a crypto commodity or security, the Crypto exchanges will allow the registration of the commodity futures commission to the Trade Commission and reduce the regulation of the Stock Exchange Commission of the Stock Exchange – to regulate the Crypto industry of President Biden’s SEC.
The new framework was introduced by Senate Banking Committee, President of the Senate Banking Committee from Southern Carolina, and Senator Cynthia Lummis from Wyoming, chaired by the digital asset committee of the panel. Robinhood CEO Vlad Tenev said in CNBC’s “Squawk Box” that regulatory development fell behind other markets, including Europe, in Europe.
Last week, the Senate passed a stablecoin bill and now pointed to the first major legislative win for the crypto industry to the house to take into account the version of the bill. Both invoices prohibit the consumer stablecoins-but also differ in the agency regulatory supervision. Visa CEO Ryan McINERney focused on the progress of the Senate version, which CNBC said “Squawk on the street” that the credit card giant embraces the stablecoins.
In the meantime, investors, Goldman Sachs, BNP Paribas and Hedge Fund billionaire Ken Griffin’in Citadel Securities, including Citadel Securities in the field of banking and finance, the crypto company that collected 135 million dollars of funds on digital assets increased betting. The company, who sees itself as a crypto player, said that it would use the financing to advance the adoption of the canton network, a blockchain for financial institutions, and that the major financial institutions once placed themselves in the uncertain crypto world.
