Jamie Crawley is a CoinDesk news reporter based in London.
BTC is priced around $69,200 at the time of writing, an increase of about 2.5% in the last 24 hours. The broader digital asset market, as measured by the CoinDesk 20 Index , rose 1.4%. Dogecoin led the gains, trading just under 3% higher, after influential retail investor Keith Gill disclosed a $180 million position in Gamestop, sending GME up around 80% in pre-market trading. Meme stock surges are often seen as a bullish indicator for meme coins such as DOGE.
Monochrome Asset Management's product will be the only ETF to hold bitcoin directly in the country, the company told CoinDesk. Australia already has two exchange-traded products providing exposure to spot crypto assets on Cboe Australia, but they do not hold bitcoin directly.
gathered about $161 million after Coinbase became the latest company to donate $25 million to its political action committees The money is bolstering the coffers of the industry's Fairshake political action committee , which has been combing through primaries to find candidates who've left their political platforms open to pro-crypto positions. U.S. regulations represent a massive hurdle for the industry to win more significant global acceptance, which could translate to many more mainstream investors. U.S.
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