Bitcoin experienced a notable surge, almost reaching $40,000, which led to substantial liquidations. In regulatory news, the US Treasury has issued warnings about the misuse of non-US stablecoins like Tether, while the UK is preparing to introduce comprehensive regulations for stablecoins and digital currencies by 2024. Meanwhile, Coinbase is capitalizing on Binance's legal troubles, seeing a rise in market share and stock value. Additionally, Chainlink is drawing attention with major wallet holders accumulating a significant amount of LINK tokens, signaling confidence in the asset's value.
