Where is Bitcoin Pepe price headed as crypto markets register major regulatory win?
The post Where is Bitcoin Pepe price headed as crypto markets register major regulatory win? appeared on BitcoinEthereumNews.com.
The growing push for regulatory clarity is poised to bring much-needed visibility to the broader crypto market.
Bitcoin Pepe, a meme-centric Layer 2 solution built on the Bitcoin network, could benefit from this shift.
The team behind the project is expected to make another listing announcement on June 30.
The cryptocurrency market surged on June 24, with total market capitalization rising by 4.4% over the past 24 hours to reach $3.26 trillion. The market rebound began during late New York trading hours on June 23, following US President Donald Trump’s announcement of a “total ceasefire” between Israel and Iran. The move eased concerns of a prolonged regional conflict after nearly two weeks of escalations, including US strikes on Iranian nuclear facilities and retaliatory missile attacks. With risk sentiment recovering, Bitcoin (BTC) rose sharply, climbing to as high as $106,000 before settling around $105,208. Ethereum (ETH) broke above $2,400, while XRP, Solana, and Dogecoin recorded notable gains. Sentiments were also supported by a major development on the regulatory front. With the regulatory scenario improving, projects like Bitcoin Pepe are poised to benefit from increased visibility. Fed drops ‘reputational risk’ The US Federal Reserve announced on Monday that it will remove the term “reputational risk” from its bank examination framework, opting instead for more clearly defined categories of financial risk. The move is intended to enhance transparency and consistency in supervisory practices. In its official communication, the Board of Governors of the Federal Reserve System said the change aims to better reflect how examiners evaluate banks’ risk management processes, without diminishing expectations around compliance or soundness. “The formal rating is intended to highlight and incorporate both the quantitative and qualitative aspects of an examiner’s review… and to facilitate appropriate follow-up action,” the Fed said. While the central bank emphasized that…
Filed under: News - @ June 24, 2025 10:24 am