Crypto News Roundup: Coinbase Joins S&P 500, XRP Surges, and Major Tokenization Moves
From Coinbase’s historic S&P 500 debut to XRP’s legal win and new DeFi projects, here’s your must-know crypto update!
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Coinbase just became the first crypto company to join the S&P 500, marking a huge milestone for the
industry.
The stock soared over 24% after the announcement and debuted on the NYSE with a 16% jump, now
trading above $240.
This move means index funds and ETFs will be buying up COIN shares, potentially driving prices even higher.
Analysts are watching key levels at $273 and $330 for the next big moves.
As one expert put it, “This milestone highlights the growing mainstream adoption of digital assets.” XRP is back
in the spotlight after settling its long-running case with the SEC, slashing its fine to $50 million and
clearing regulatory hurdles.
The token surged nearly 5% to $2.55, becoming the day’s top performer.
Investor excitement is also pouring into Vaultro Finance, a new DeFi protocol on the XRP Ledger, with its
presale already surpassing 20% of its softcap.
With legal clarity and new projects, XRP’s ecosystem is buzzing, but experts caution that its price is still
driven by speculation.
Traditional finance giants are diving deeper into crypto.
VanEck launched its first tokenized fund backed by US Treasurys, available on major blockchains like Ethereum and Solana.
Meanwhile, MultiBank Group is set to tokenize $3 billion in real estate assets, aiming to scale up to
$10 billion.
These moves signal a major shift as real-world assets go digital, opening new doors for global investors.
Not all news is bullish—Arizona’s governor vetoed bills that would have created a state Bitcoin reserve and allowed
crypto payments for taxes.
At the same time, the crypto market turned red, with most coins down except for XRP and LEO.
Bitcoin is holding above $103,000, and analysts see a 40% chance it could hit $105,000 by month’s end.
Volatility is up, and traders are betting on big moves ahead.
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