🇪🇺 EU FINES ELON MUSK'S X $140,000,000 FOR ALLEGEDLY MISLEADING USERS WITH VERIFIED BADGES AND NOT GIVING THEM ACCESS TO ITS DATA. #Dogecoin #ElonMuskTalks
𝙏𝙤𝙙𝙖𝙮 𝘾𝙧𝙮𝙥𝙩𝙤 𝙐𝙥𝙙𝙖𝙩𝙚𝙨:- Bitcoin (BTC) surged past $111,000, peaking at $111,875 overnight before settling around $111,337. This rally is attributed to factors such as inflation concerns, political uncertainty, and a growing perception of Bitcoin as a macroeconomic hedge . The global cryptocurrency market capitalization has risen to $3.5 trillion, marking a 4.52% increase in the last 24 hours . $BTC $ETH $BNB
Other major cryptocurrencies are also experiencing gains:
𝙂𝙤𝙡𝙙 (XAU/USD) edges higher on Wednesday towards $3,310 at the time of writing, with grave concerns that tensions in the Middle East could spiral out of control again and Trump's fiscal bill possibly not passing Congress. In late trading on Tuesday, CNN reported that Israel is considering targeting nuclear sites in Iran. While former United States (US) President Joe Biden was able to change Israel’s Prime Minister Benjamin Netanyahu’s mind, US President Donald Trump has seen his diplomatic efforts fall apart, with markets mulling whether Trump is still able to control Netanyahu.
In the US, President Trump is facing setbacks at home as well as the administration struggles to get enough support to pass through Congress its tax bill. Frustration arose for Trump at Capitol Hill when speaking with lawmakers who demanded to significantly boost the cap on the state and local tax (SALT) deduction.
Rose to a new all-time high on Wednesday, breaking its January record.The price of the flagship cryptocurrency was last hovering above the flat line at $106,678.74, according to Coin Metrics, having pulled back as Treasury yields spiked and stocks fell to session lows. Earlier, it rose as high as $109,500. $BTC #BTCBreaksATH #BTC #CryptoNews #UpdateBTC #TrendingTopic
Bitcoin (BTC) has achieved a new record daily close at $107,622, driven by strong ETF inflows totaling $329.2 million and a bullish futures premium . $BTC
Ethereum (ETH) is trading around $2,596, reflecting a 1.37% daily gain, with analysts monitoring potential support levels near $2,000 . $ETH
XRP (XRP) remains stable between $0.52–$0.54 after the SEC delayed a decision on the proposed XRP ETF by 21Shares and ARK Invest . $XRP
𝘾𝙤𝙞𝙣𝙗𝙖𝙨𝙚 𝙐𝙨𝙚𝙧𝙨 𝙁𝙞𝙡𝙚 𝙇𝙖𝙬𝙨𝙪𝙞𝙩 𝙊𝙫𝙚𝙧 𝘽𝙞𝙤𝙢𝙚𝙩𝙧𝙞𝙘 𝙋𝙧𝙞𝙫𝙖𝙘𝙮 𝘾𝙤𝙣𝙘𝙚𝙧𝙣𝙨 :- A class-action lawsuit has been filed by a group of Coinbase users from Illinois, alleging that the crypto exchange's identity verification process violates the state's Biometric Information Privacy Act (BIPA). The lawsuit claims that Coinbase's collection of faceprints for Know Your Customer requirements violates BIPA as users were not properly notified. The plaintiffs argue that Coinbase failed to inform users about the collection, storage, and sharing of their biometric data. Additionally, they claim that Coinbase shares biometric data with third-party vendors without user consent. The lawsuit seeks relief for violating state biometric privacy laws and consumer fraud, with the group requesting $5,000 per willful violation found. Coinbase has faced multiple lawsuits recently, including allegations of data leaks and BIPA violations.