Crypto News Roundup: XRP ETF Buzz, Bitcoin Profit-Taking, and Altcoin Highlights

XRP surges on ETF hopes, Bitcoin sees record profit-taking, and altcoins like Solana and Cardano make waves. Here’s what’s driving the crypto market this week!

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XRP jumped 10% this week, hitting $2.26, as excitement builds over a possible spot ETF approval by June

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17.

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Ripple’s legal victory against the SEC, confirming XRP is not a security, has cleared a major hurdle for

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U.S.

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investors.

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Real-world expansion, including new banking partnerships and regulatory approval for Ripple’s stablecoin in Dubai, is fueling optimism.

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Analysts say an ETF approval could send XRP toward $3 or even $5 this summer, but caution that

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institutional outflows and supply management challenges remain.

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As one analyst put it, “Locking tokens is only part of the equation—without sustained demand, reducing supply alone

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won’t move the needle.” Bitcoin recently hit a new all-time high above $111,000, but profit-taking is ramping up,

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with over $500 million in hourly cashouts reported.

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BlackRock made headlines by moving $429 million in Bitcoin to Coinbase, signaling possible rebalancing.

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Meanwhile, Michael Saylor’s Strategy and other major holders continue to accumulate, with Strategy now holding over 580,000 BTC.

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President Trump’s administration has also rescinded restrictions on crypto in 401(k) accounts, opening the door for more mainstream

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adoption.

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Despite some ETF outflows, institutional interest remains strong, and analysts see potential for further gains if positive momentum

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continues.

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Solana is gaining attention with 100% uptime and new MetaMask support, while whale accumulation signals growing confidence.

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Cardano is riding ETF buzz and ecosystem upgrades, with whale transfers and DeFi growth boosting sentiment.

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Ethereum rebounded above $2,500 after its Pectra upgrade, with strong ETF inflows from BlackRock and Fidelity.

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Meanwhile, new projects like JetBolt are making waves with zero-gas technology and massive presale interest.

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These developments show that while Bitcoin and XRP dominate headlines, altcoins are carving out their own stories in

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the crypto market.

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The crypto market is buzzing with ETF speculation, legal breakthroughs, and institutional moves.

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XRP’s fate hinges on ETF approval and continued innovation, while Bitcoin’s next move depends on profit-taking trends and

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policy shifts.

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Altcoins like Solana, Cardano, and Ethereum are thriving on ecosystem upgrades and whale interest.

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Stay tuned as the summer could bring major breakouts or new challenges.

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