Crypto News Roundup: Trump Meme Coin, Major Hacks, and Ripple's Big Moves

Kicking off with a bang—Donald Trump has just launched his official $TRUMP meme coin, and it’s already making

waves!

The coin skyrocketed from just 18 cents to $31, giving it a jaw-dropping $31 billion valuation.

Trump’s team owns 80% of the coins, but they’re locked up for three years.

Some are calling Trump 'the crypto president,' and this move could challenge Dogecoin’s meme coin crown.

But remember, crypto is volatile, and there are questions about the coin’s legitimacy.

As one analyst put it, 'The stunning launch of $TRUMP caught the entire industry off-guard.' Next up, a

major security breach—Alex Protocol, a Bitcoin DeFi platform, was hacked for $8.3 million after a vulnerability was exploited.

The attacker drained millions in STX, sBTC, USDC, USDT, and WBTC, making this one of the largest hacks

in the Stacks ecosystem.

The good news?

The Alex Lab Foundation has promised to fully reimburse affected users.

Stay alert—security is still a huge issue in DeFi!

Meanwhile, spot Ether ETFs in the US are on fire, recording inflows for 15 straight days and racking

up $837.5 million.

If this trend continues, inflows could hit $1 billion next week.

This shows growing confidence in Ethereum, even as the broader market remains volatile.

Ripple just moved a massive 230 million XRP—worth nearly $500 million—to an unknown wallet, sparking wild speculation.

Some think it’s for a major update or liquidity move, while others suspect private trading.

This comes as XRP’s price jumps 2% and the community awaits a crucial lawsuit deadline.

Analyst Dark Defender says, 'If Ripple holds $2.22, the next target could be $2.40, or even $5.85 if

bulls take over.' Finally, US lawmakers are clashing over new crypto regulations, with debates heating up around President

Trump’s ties to the industry.

Some call the concerns 'political theatrics,' while others warn of potential conflicts of interest.

The outcome could shape the future of crypto in the US, so all eyes are on Congress.