XRP surpassed the $1 level for the first time in three years.
As speculation grows that SEC Chairman Gary Gensler will step down before the end of his term, the Trump administration is expected to ease regulatory pressure by appointing a crypto-friendly chairman. While names such as Jay Clayton, Dan Gallagher and Paul Atkins stand out among the possible candidates, this change is expected to create optimism in the sector.
A class action lawsuit filed by Dogecoin investors against Tesla CEO Elon Musk for allegedly manipulating the price of Dogecoin was finalized.
At the time of writing, Bitcoin (BTC) is trading at $90,723 and Ethereum (ETH) is trading at $3,115.
The fear and greed index is at the extreme greed level of “83”.
Important developments during the day:
Avalanche (AVAX): 1.67 million tokens, corresponding to 0.41% of the amount of tokens in circulation, will be unlocked.
Oasis (ROSE): 176 million tokens will be unlocked, corresponding to 2.62% of the circulating token amount.
Polymesh (POLYX): Version 7 update for the main network will take place.
