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Binance, a leading cryptocurrency exchange, has introduced several innovative features to enhance user experience and security. Notably, Binance Smart Chain (BSC) offers high-speed, low-cost transactions, enabling the development of decentralized applications (DApps). Additionally, Binance's Launchpad supports new blockchain projects, providing a platform for token sales and fostering innovation. The exchange's comprehensive suite of tools, including staking, futures trading, and lending, caters to diverse investment strategies. Binance Academy offers educational resources, empowering users to make informed decisions in the rapidly evolving crypto landscape.
Bitcoin rose to an all-time high above $69,000 last week and surged above $72,000 on Monday morning, as spot bitcoin ETF activity has remained high.
MicroStrategy bought more bitcoin, propelling its stock, while Blackrock's spot bitcoin ETF IBIT continues to see big inflows.
After the SEC announced a settlement with former crypto exchange ShapeShift, two commissioners from the agency questioned the lack of regulatory clarity for the industry in the U.S.
In a congressional hearing, Federal Reserve Chairman Jerome Powell indicated the central bank is nowhere near implementing a central bank digital currency.
This week, some of the attention may move from Bitcoin to Ethereum, as the alternative crypto network is scheduled to have its Dencun upgrade.