Bitcoin hits a fresh two-month high near $97,000. Ethereum and Solana hold steady, while XRP dips slightly. Altcoins like DCR and Dash see strong gains. Coinbase withdrew support for a key Senate bill, causing a delay. Zcash's SEC investigation concluded without action. Ripple expands in Europe with a new Luxembourg license. Pakistan explores stablecoins for remittances. Over $1 million in Bitcoin grants went to human rights projects. Figure launched a network for on-chain stock issuance. FTX ou
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China-backed hackers breached Singapore's telecom systems. They had limited access to critical infrastructure. The targets were the nation's top four providers. No service disruption or data theft occurred. The government confirmed the incident.
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Hong Kong hedge funds made big, risky bets on Bitcoin using borrowed money. This leverage amplified their losses as prices fell. Forced selling then pushed Bitcoin below $60,000. It's the leading theory for this month-long market drop.
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