*Crypto Market Updates
- Bitcoin's $BTC value has reached $103,579, with analysts predicting a potential surge to $250,000 by 2025.
- Ethereum's $ETH price has risen above $2,500, driven by the ETH Pectra upgrade and increased stablecoin adoption.
- Solana's $SOL price rally has slowed, while XRP ETF has achieved a record inflow despite XRP's price fluctuations.
*Regulatory Developments*
- Coinbase faces an SEC investigation, yet its stock has seen significant growth.
- Moody's downgraded the US credit rating due to rising debt, but Bitcoin's price remains stable.
- France is enhancing security for crypto executives following recent attacks.
*Innovations and Adoption*
- Panama City's mayor proposes a city-level Bitcoin reserve.
- Tokenization is increasing investment accessibility, according to a Robinhood executive.
- Filecoin and Lockheed Martin successfully transmitted data in space using a decentralized protocol.
*Notable Cases*
- A New Zealand man was arrested for a $265 million crypto scam linked to an FBI investigation.
- FTX creditors will receive over $5 billion in payouts, handled by Kraken and BitGo.
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