Crypto News Roundup: Bitcoin Hits New Highs, XRP Surges, and Major Developments Across the Market!
Bitcoin smashes new records, XRP whales drive a price surge, and Ethereum sees big institutional moves. Plus, a major exploit rocks GMX, and Australia launches real-world CBDC tests. Get all the latest crypto news in under 90 seconds!
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Bitcoin has shattered its previous records, soaring past $112,000 and cementing its place as the world’s top cryptocurrency.
Experts are now predicting even higher targets, with some calling for $150,000 or more by year’s end.
Institutional demand and ETF buying are fueling this rally, and as one analyst put it, “Bitcoin becomes less
risky as it grows in size.” Meanwhile, Ethereum is also on the rise, hitting a one-month high above
$2,790, and altcoins like Solana and Dogecoin are seeing strong gains.
XRP is making headlines as whale wallets hit a seven-week high, signaling major confidence from big holders.
The price has surged past $2.39, and Ripple just secured BNY Mellon as the official custodian for its
RLUSD stablecoin reserves.
This partnership with America’s oldest bank is a game-changer, boosting trust and transparency.
Ripple’s CEO is also pushing for clearer crypto regulations in the U.S.
Senate, saying, “The U.S.
needs regulatory clarity to remain competitive in blockchain innovation.” If momentum holds, analysts see XRP targeting $2.70 and
possibly $3.40 in the near future.
Ethereum is seeing a wave of institutional adoption, with companies like GameSquare and SharpLink Gaming adding hundreds of
millions in ETH to their treasuries.
This trend is driving up ETH’s price and staking rewards.
Meanwhile, altcoins like Solana, Avalanche, and Dogecoin are posting impressive 24-hour gains, with meme coins like Pepe and
Shiba Inu also surging in popularity and volume.
The crypto market is buzzing with activity across the board!
Security remains a hot topic as GMX halted trading after a $40 million exploit, reminding everyone of the
risks in DeFi.
On the regulatory front, Australia has kicked off real-world CBDC tests with 24 industry partners, while the U.S.
is holding key hearings on digital asset oversight.
Plus, the U.S.
Treasury just sanctioned a North Korean IT ring for crypto thefts.
The crypto world is evolving fast—stay alert and informed!
That’s your lightning-fast crypto update!
From record-breaking Bitcoin to XRP’s whale surge and global developments, the market is moving at warp speed.
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