On the Rise

## Recent News

* **Stablecoin Bill Blocked:** U.S. Senate Democrats blocked a bill to regulate stablecoins over concerns about corruption and potential Trump influence.

* **Bitcoin Surpasses $100,000:** The price of Bitcoin exceeded $100,000, driven by institutional activity.

* **Bitcoin ETF:** Bitcoin ETFs continue to see positive inflows, with BlackRock's IBIT extending its inflow streak.

* **Galaxy Digital on Nasdaq:** The SEC approved the redomiciliation of Galaxy Digital in the U.S., paving the way for its listing on Nasdaq.

* **Seizure in Germany:** German authorities seized $38 million in cryptocurrencies linked to the Bybit hacking.

* **Recognition in Nigeria:** Nigeria passed a law recognizing Bitcoin as a security.

* **XRP Integration:** Wellgistics integrated XRP for healthcare payments through a $50 million line of credit.

* **Futures in Brazil:** Brazil's B3 exchange will launch Ether and Solana futures.

## Current Trends

* **Market Growth:** The global crypto market shows growth.

* **DeFi 2.0:** Decentralized finance is expected to evolve with a focus on overcoming past challenges.

* **Institutional Investment:** Participation from institutional investors continues to rise.

* **Stablecoins:** Stablecoins facilitate the entry of new investors into the market.

* **Regulation:** Ongoing work is expected on precise regulation of cryptocurrencies globally.

## Additional Notes

* The token **TRUMP** is under Senate investigation for "pay-to-play" allegations.

* **CZ** (Changpeng Zhao) of Binance warns that the window to buy Bitcoin before governments closes is narrowing.

* Florida indefinitely withdrew plans for a strategic Bitcoin reserve.