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Monday, May 5, 2025

First Mover Asia: Crypto Legislation, Enforcement Highlight a Busy Fall for Financial Regulators; Bitcoin Holds Steady Over $19K - Yahoo Finance

Good morning. Here’s what’s happening:
Prices: Bitcoin held its most recent perch over $19,000, despite the latest hawkish comments from Federal Reserve officials.
Insights: Financial regulators in Asia face a Fall season of crypto reckoning.
Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. And sign up for First Mover, our daily newsletter putting the latest moves in crypto markets in context.
Prices
S&P 500 daily close: 4,006.18 +0.7%
Gold: $1,729 per troy ounce +1.2%
Ten-year Treasury yield daily close: 3.29% +0.03
Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found at coindesk.com/indices.
Bitcoin Holds Firm Over $19K
By James Rubin
Bitcoin spent a second consecutive day firmly embedded above its most recent, $19,000...



Read Full Story: https://finance.yahoo.com/news/first-mover-asia-crypto-legislation-030351273....

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