Bipartisan Support for Cryptocurrency in Congress: The Senate recently voted to overturn an SEC rule, Staff Accounting Bulletin 121 (SAB-121), that had imposed onerous accounting standards on cryptocurrency assets held by financial institutions1.
Black Phoenix’s Meteoric Rise: Black Phoenix’s BPX/USD price has increased by a staggering 4423382.88% over the past 24 hours to $2.61. Over the past week, BPX has experienced an uptick of over 5200276.0%, moving from $0.000050 to its current price2.
Binance’s Dominance: Binance is currently the world’s largest crypto exchange by trading volume, with tens of billions of dollars worth of crypto traded each day and access to over 350 cryptocurrencies3.
These events highlight the dynamic and rapidly evolving nature of the cryptocurrency market. As always, it’s important to stay informed and make careful decisions when investing in this volatile market.