📉 Market Movements

Bitcoin (BTC): After peaking above $104,000, Bitcoin has dipped to around $102,400 ahead of the U.S. Producer Price Index (PPI) inflation data release. Ethereum (ETH): Ethereum is trading above $2,600, experiencing a slight 0.24% decrease over the past 24 hours. XRP: XRP has surged past $2.50, driven by increased trading volume and anticipation surrounding a potential XRP-spot ETF approval.

🏛️ Regulatory and Political Developments

Trump's Crypto Ventures: Former President Donald Trump's involvement in cryptocurrency has raised ethical concerns. His promotion of the $TRUMP coin, which offers exclusive access to events for top purchasers, is under scrutiny for potential conflicts of interest and foreign influence. Regulatory Clarity Sought: The cryptocurrency industry is calling for clearer regulations, especially in light of recent hearings in Washington. Industry leaders emphasize the need for well-defined policies to foster innovation and protect investors.

🔒 Security and Enforcement

Darknet Marketplace Shutdown: Huione Guarantee, suspected to be the world's largest darknet marketplace, has ceased operations following a purge of associated Telegram accounts.

🌐 Global Adoption and Institutional Moves

Ripple's Expansion: The Bank of France is officially testing Ripple's private ledger for a potential digital Euro, indicating growing institutional trust in Ripple's technology.