Crypto News Roundup: Bitcoin Highs, XRP Turmoil, and a Shocking NYC Crime

Bitcoin has smashed through its previous records, reaching a new all-time high of over $111,000!

This surge comes as U.S.-based spot Bitcoin ETFs saw massive inflows, and Coinbase, the largest U.S.

crypto exchange, officially joined the S&P 500.

These milestones mark a huge step toward mainstream acceptance for crypto, with experts saying ETFs are here to

stay as a convenient entry point for new investors.

XRP is under pressure despite the crypto market’s strength.

The SEC has delayed decisions on several XRP-spot ETF applications, keeping traders on edge.

Meanwhile, Ripple’s new stablecoin, RLUSD, is facing tough competition from Wall Street banks planning their own digital dollar.

Whale liquidations and leveraged trader losses have added to the turbulence, with XRP dropping nearly 5% to around

$2.34.

Analysts say, “XRP’s next big test will come if derivatives interest rebounds and trading volume recovers above $7

billion.” Pakistan is making a bold move by allocating 2,000 megawatts of surplus electricity for Bitcoin mining and

AI centers.

The government hopes this will attract billions in foreign investment and create high-tech jobs.

In the next phase, they plan to introduce renewable energy for mining, aiming to balance growth with environmental

responsibility.

In a shocking crime, a New York crypto investor has been charged with kidnapping and torturing an Italian

tourist in a luxury SoHo townhouse.

The victim was allegedly held for weeks and abused in a plot to steal his Bitcoin password.

Police found Polaroids, weapons, and evidence of torture at the scene.

The case is a stark reminder to stay vigilant about crypto security, both online and offline.

Crypto holders are being targeted by a new phishing scam involving fake physical letters that appear to be

from Ledger, the hardware wallet company.

The letters urge recipients to scan a QR code, which leads to a phishing site designed to steal

private keys.

Experts warn: never trust unsolicited mail and always double-check before entering sensitive information.