#LATEST_NEWS Here are some of the latest crypto news updates:
Market Updates
- *Bitcoin Price Prediction*: Bitcoin is expected to surge to $BTC
115,000 by July, but strong US job data could threaten the rally.
- *XRP Price*: XRP dropped 3% as selling pressure overwhelmed support levels, with a decline in volume contributing to the downturn.$XRP
- *Ethereum Price*: Ethereum stalled at $2,600 despite strong ETF inflows and record-low exchange reserves, potentially due to rising short positions.
Regulatory News
- *SEC Lawsuit*: Binance CEO hailed the dismissal of an SEC lawsuit as a "significant win," crediting Trump for the crypto shift.
- *Circle IPO*: Circle's IPO was priced above range at $31 per share, ahead of its NYSE debut, valuing the company at $6.9 billion.
- *California Bill*: A California bill that "seizes" dormant crypto is sparking debate, with implications for cryptocurrency holders.
Adoption and Partnerships
- *JPMorgan*: JPMorgan will accept Bitcoin ETFs as collateral for loans, starting with BlackRock's iShares Bitcoin Trust.
- *Mastercard*: Mastercard predicts it will tokenize 100% of transactions in the EU by 2030, driving mainstream adoption.
- *MoonPay*: MoonPay can operate in all 50 US states after receiving NY BitLicense approval, expanding its services ¹ ² ³.