Crypto Market Update: XRP Surges, Bitcoin Treasury Moves, and DeFi Milestones

XRP is making headlines with a 10% price jump, fueled by Dubai’s regulatory approval of Ripple’s RLUSD stablecoin

and growing excitement over a possible U.S.

ETF decision by June 17.

Ripple’s legal victory against the SEC has also cleared the way for broader adoption.

Big players like VivoPower and China’s Webus International are adding XRP to their treasuries, while Germany’s DZ Bank

is integrating Ripple’s custody platform.

However, despite the price rally, XRP Ledger activity has dipped, hinting at less retail engagement.

Analysts are split: some see a breakout ahead if ETF news is positive, while others warn of resistance

near $2.50.

Bitcoin is seeing major corporate adoption.

South Korea’s K Wave Media plans to raise $500 million to buy Bitcoin, aiming to become the ‘Metaplanet

of Korea.’ Meanwhile, Semler Scientific just acquired 185 more Bitcoin, bringing its total holdings to nearly $500 million.

These moves show growing confidence in Bitcoin as a treasury asset, even as the broader crypto market sees

a slight dip.

Semler’s Bitcoin investments have already delivered a 26.7% yield this year, highlighting the appeal for companies looking to

diversify their reserves.

Decentralized finance is breaking records!

PancakeSwap hit an all-time high with $173 billion in monthly trading volume, and BNB Chain now dominates DEX

trading with a 67% market share.

Tether is also making moves, investing in Chile’s Orionx exchange to expand stablecoin-powered payments across Latin America.

Plus, Morph, an Ethereum Layer 2 project, has appointed Colin Goltra as CEO to drive the next phase

of growth.

These developments show DeFi’s rapid evolution and the push for global crypto adoption.

That’s your crypto roundup!

With XRP’s surge, big Bitcoin buys, and DeFi milestones, the market is buzzing with action.

What do you think will happen next?

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