Crypto News Roundup: Bitcoin Swings, Texas Buys In, and Ripple Ruling Nears

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Bitcoin’s price has been on a rollercoaster, plunging below $100K amid Middle East tensions, then bouncing back above

$106K after news of a ceasefire between Iran and Israel.

As one analyst put it, “Bitcoin’s recent fall is being driven by a potent mix of geopolitical tension

and macro uncertainty.” Despite the chaos, investors poured $1.24 billion into crypto funds last week, showing strong institutional

confidence.

Texas just became the first U.S.

state to create a publicly funded Bitcoin reserve, allocating $10 million to buy BTC.

This move signals a major shift, treating Bitcoin as a sovereign financial instrument, not just a speculative asset.

As Lee Bratcher of the Texas Blockchain Council said, this could send a powerful message that “the future

of finance is digital.” All eyes are on Ripple as a crucial court ruling in its SEC case

could drop any day, impacting XRP’s future.

Meanwhile, rumors about the U.S.

seizing Ripple’s escrowed XRP were shut down by Ripple’s legal team, calming the community.

With ETF approval odds for XRP at 88%, and settlement talks ongoing, XRP’s price is holding above key

support levels despite the legal limbo.

It’s not just Bitcoin making moves—Solana, Pepe, Dogecoin, and Shiba Inu all saw big price jumps, with Solana

up over 9% and Pepe surging 10%.

Even Cardano and Avalanche joined the rally.

Meme coins and altcoins are back in the spotlight, riding the wave of renewed market optimism.

A new U.S.

bill, the GENIUS Act, aims to regulate stablecoins, sparking fierce debate.

Bitcoin advocate Max Keiser slammed the bill, calling stablecoins 'fiat in disguise' and warning they could reinforce the

traditional banking system.

Critics say the law could stifle DeFi innovation by banning stablecoin yields, while supporters argue it’s needed for

consumer protection.

Keep an eye on the Injective Summit, a $23 million BLAST token unlock, and the ongoing Ripple case—these

could all shake up the market this week.

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