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Top Cryptocurrencies Rise; Bitcoin Holds Above $80,000

Major digital assets rose Friday with Bitcoin (BTC-USD) holding above $80,000.The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, rose 1.5% in the past 24 hours. The Nasdaq 100 rose 1.7%, the S&P 500 gained 0.8%, and the Dow Jones Industrial Average little changed.Bitcoin rose 0.1% to $80,099, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume fell 6.7% to $34.7 billion.Ethereum (ETH-USD), the second-largest digital asset by market value, added 0.9% to $2,315.XRP (XRP-USD) gained 2.3%, BNB (BNB-USD) rose 0.6%, and Solana (SOL-USD) added 4.5%. Dogecoin (DOGE-USD) climbed 0.7%, while Cardano (ADA-USD) advanced 3%.The US 10-year Treasury yield stood at 4.363% at 3 p.m. ET Friday, down from 4.392% Thursday, while the five-year yield fell to 4.011% from 4.043%.The total market value of the cryptocurrency industry rose 0.6% in the past 24 hours to $2.67 trillion, with trading volume gaining 0.3% to $162.4 billion.Price: $80101.31, Change: $+86.04, Percent Change: +0.11%

$ADA-USD$BNB-USD$BTC-USD$DOGE-USD$ETH-USD$SOL-USD$XRP-USD

Australia14h ago

Update: Market Chatter: Apple, Meta Oppose Canadian Bill on Weakening Encryption

(Updates with Meta's statement in the fourth and fifth paragraphs.)Apple (AAPL) and Meta Platforms (META) have opposed a Canadian bill that could require them to break the encryption of their devices and services, Reuters reported Thursday, citing company statements.Canada's ruling Liberal Party proposed Bill C-22, which law-enforcement officials say would help them probe security threats earlier and take immediate action, according to the report.End-to-end encryption means that only the users can access their data without the decryption key, and it is widely used in services like WhatsApp and iMessage, Reuters said."The technical community's consensus on this is clear: it is not possible to build backdoors to encrypted systems for law enforcement without creating vulnerabilities that will be exploited by malicious actors," Meta said Thursday in a statement.Meta wants the bill revised to drop third-party surveillance mandates, protect encryption by tightening the "systemic vulnerability" definition, and create a formal mechanism to contest problematic requests, according to the statement.Apple did not respond immediately to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $293.43, Change: $+6.00, Percent Change: +2.09%

Financial News · Live Terminal

Top Cryptocurrencies Rise; Bitcoin Holds Above $80,000

Update: Market Chatter: Apple, Meta Oppose Canadian Bill on Weakening Encryption

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Top Cryptocurrencies Rise; Bitcoin Holds Above $80,000

Update: Market Chatter: Apple, Meta Oppose Canadian Bill on Weakening Encryption

Largo Files $146.2 Million Mixed Shelf

Mueller Industries Keeps Quarterly Dividend at $0.35 a Share, Payable June 19 to Holders of Record June 5

Market Chatter: HSBC Reviewed Lending Policies After $400 Million Provision Against Fraud

Planet Fitness Faces Member Growth, Marketing Headwinds, RBC Says

Market Chatter: Apple, Meta Oppose Canadian Bill on Weakening Encryption

PubMatic Delivers 'Solid' Start to Year, RBC Says

Update: Market Chatter: Anthropic Signs $1.8 Billion Computing Deal with Akamai Technologies

HSBC Lowers Wynn Resorts Price Target to $129 From $136

Update: PTC Therapeutics Shares Rise After Q1 Results Beat Consensus

Citigroup Cuts Fidelity National Information Services Price Target to $48 From $53

Market Chatter: Google's Isomorphic Labs in Advanced Talks to Raise over $2 Billion in New Funding

Republic Services' 'Good' Underlying Results Partly Offset by Volume, Commodity Headwinds, RBC Says

Google's Isomorphic Labs in Advanced Talks to Raise Over $2 Billion in New Funding, Bloomberg Reports

Loar Confident in Attaining 10% Organic Growth, RBC Says

Piper Sandler Cuts Trade Desk Price Target to $24 From $28, Neutral Rating Kept

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