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đ„ Market Snapshot Bitcoin (BTC): Standing at $106,122, with a decline of 1.4% in the last 24 hours. Ethereum (ETH): Standing at $2,636, down 3.3% recently. XRP: Holding steady at $2.22, with a modest decline of 2.6%. BNB: Standing at $672, down 1.5%. Dogecoin (DOGE): Standing at $0.209, down 6.9%. The total market has declined slightly, by a decline of 2.43% in the total market capitalization over the last 24 hours. đïž Institutional & Regulatory News Ripple vs. SEC: The U.S. Securities and Exchange Commission (SEC) has withdrawn from the appeal in the ongoing Ripple case, earning the cryptocurrency company a major victory. Ripple CEO Brad Garlinghouse announced the conclusion of the case, ending a court battle begun in December 2020. Pakistan's Strategic Reserve: Pakistan has announced the establishment of a Bitcoin strategic reserve, signaling its move toward accepting cryptocurrency in its financial strategy. U.S. Executive Order: Executive Order issued by President Trump establishing a Strategic Bitcoin Reserve and Digital Asset Stockpile, mandating federal agencies to conduct a full audit of their cryptocurrency holdings. âïž Legal & Security News Ripple's Legal Standing: Ripple informed the SEC that fungible digital assets cannot be considered as securities in secondary sales, according to precedent. đ Global Developments Dubai's Crypto Plans: Dubai is setting itself up as a top hub for cryptocurrencies, with regulators looking to ease the weight of costs for smaller crypto firms and showing an open-minded approach to bringing and regulating the space. U.S. Crypto ETF Projections: Analysts predict that Bitcoin ETFs can see $3 billion in inflows in Q2 without even seeing price recovery, reflecting growing institutional investment.
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đ Overview of the Market Bitcoin (BTC) pulled back to $106,500 due to profit bookings after reaching recent peaks. Besides BTC, Ethereum (ETH) seems to be holding with good technicals as it separates from BTC. XRP seems to remain robust with previously bullish price action and new attention-driven presale token Nimanode ($NMA). BNB price jumped above $687 as there is increased interest in crypto as alternatives to other assets during ongoing global trade tensions. đïž Regulatory & Institutional Progress Bybit has received regulatory approval under the EU Markets in Critocurrency Assets (MiCA) and broadened its services in Europe. Banco Santander is looking into issuing a stablecoin and expanding access to cryptocurrencies, which indicates a move toward digital asset services. VPRJD Vance spoke at the Bitcoin 2025 Conference in Las Vegas, encouraging crypto asset holders to participate in politics to advocate for crypto-friendly legislation. đ International Trends & Sentiment U.S. Economy contracted in Q1 but Bitcoin alongside other cryptos didn't budge, pivotting around the economic deceleration. Santander is looking into issuing a stablecoin with an expanded scope of digital assets suggesting a shift toward crypto service.
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