Coinbase, Robinhood has reached a record while Us House adopts Crypto Landmark legislation
The actions linked to the crypto-line went higher Thursday while the American chamber adopted two main laws designed to provide a structure in the digital asset markets, a move of investors interpreted as a step towards long-awaited regulatory clarity.
Coinbase (corner), the largest exchange of American crypto, advanced 3.2% during the session, ending above $ 410 for the first time and pushing its market capitalization over $ 100 billion. Circle (CRCL), a stablecoin transmitter of $ 62 billion USDC, rebounded by its intra-day decline to close 0.8% at its highest price in three weeks and extend the rally of 19% yesterday.
Robinhood (Hood), a digital trading platform extending in crypto and token funding, exceeded 2.6% above $ 105, a fresh record. The investment company of digital assets Galaxy (GLXY) also won 6%.
The action occurred while the House of Representatives of the United States, back to back, adopted the Clarity Act, targeting the surveillance of the structure of the cryptographic market, and the law on engineering, which creates a framework to regulate the stabls. The bill on differences has already authorized the Senate last month, preparing it for a possible signature of the law.
Despite the optimism of the actions, the prices of cryptocurrencies were more moderate. Bitcoin (BTC) oscillated around $ 119,000, down 0.9% during the day, while Ethereum ether (ETH) has changed at little at $ 3,400. XRP was up 8% in the last 24 hours, just shy from its 2018 record.
