Bitcoin hit $96,750 on a 2% rally, marking a new two-month high. Ethereum gained 2% to $3,360 while Solana held steady at $145. Monero printed a new all-time high at $800 before pulling back to $725. Decred, Dash, ICP, and Zcash all surged double digits.
The real mover here is Coinbase. The exchange publicly withdrew support for the Senate's crypto market structure bill ahead of a key vote, citing major problems with the latest draft. That pullback forced the Senate to delay the vote. This matters because institutional players like Coinbase have real leverage in Washington, and their opposition kills momentum fast.
Zcash caught a break. The Zcash Foundation announced the SEC's investigation into the project concluded without enforcement action. That removes a cloud that's hung over privacy coins.
Ripple grabbed a Luxembourg license, continuing its European expansion after years of regulatory friction in the U.S. Pakistan is partnering with World Liberty Financial to test stablecoins for remittances and cross-border payments. The Human Rights Foundation distributed nearly $1.3M in grants.
The takeaway: Coinbase just killed a Senate bill. That's legislative power. Meanwhile, Ripple and privacy coins are winning regulatory clarity in their respective jurisdictions. The market is rewarding both moves.