Market continues to rally. As of now, $BTC is trading at $72,768 and $ETH is trading at $2,129. Bitcoin dominance stands at 59.73%.
The U.S. banking industry is pushing back after the Fed approved a master account for Kraken Financial, arguing that it allows a crypto-focused institution access to the Fed’s payment rails without the same regulatory safeguards applied to traditional banks. Crypto advocates view the move as a major step toward enabling “skinny” master accounts.
A few other headlines include: a16z looking to raise $2 billion for its fifth crypto fund, Coinbase CEO Brian Armstrong meeting with Trump before the president slammed banks over holding up a crypto bill, and Backpack announcing the launch of its on-chain IPO service.
During the last 24 hours, the top three gainers were $B, $MON, and $CVX, while the top three losers were $HASH, $SIREN, and $PIPPIN.
