Global

As the 2024 presidential election approaches, U.S. Senator Ted Cruz has been vocal in his support for Bitcoin, positioning Texas as a leading hub for cryptocurrency innovation.

Bitcoin mining company Riot Platforms has increased its stake in competitor Bitfarms to nearly 18.9% by purchasing an additional 1 million shares.

Dogecoin (DOGE) has experienced a significant price decline over the past day, mirroring recent drops in Bitcoin’s value. This downturn has impacted the profitability of Dogecoin holders, though the meme coin still demonstrates resilience, with the majority of its holders remaining in profit despite the turbulent market conditions.

In the past 24 hours, the cryptocurrency market has experienced a notable uptick, with its total valuation rising by 2.49%, from $2.09 trillion to $2.14 trillion. This positive shift comes amidst a decrease in trading volume, which has dropped by 23.72% to $63.94 billion.

In a notable shift in the cryptocurrency wallet landscape, Bitget Wallet has recently surpassed MetaMask in download numbers, securing an impressive 1.6 million downloads in the past month.

In a significant enforcement action, the Securities and Exchange Commission (SEC) has fined New York-based broker-dealer OTC Link $1.19 million for failing to file Suspicious Activity Reports (SARs) over a period of three years.