2024 US Presidential candidates Ron DeSantis and Robert Kennedy Jr. voice their support for the freedom to trade and grow cryptocurrencies, while expressing opposition to Central Bank Digital Currencies (CBDCs).
Coinbase faces a lawsuit for allegedly violating Illinois' Biometric Information Privacy Act (BIPA) by improperly collecting, storing, and distributing customers' biometric data. The plaintiff seeks $5,000 in damages for each intentional and reckless violation, plus an additional $1,000 for every discovered violation.
Amid regulatory pressures and market weakness, Bitcoin and other cryptocurrencies experience a downturn. Despite traders' bullish outlook, their bets on a rebound may further impact prices in the short-term. Altcoins and memecoins also face declines.