#crypto
Here are some of the top crypto news stories today.
XRP Ledger Update: XRP Ledger daily users have jumped 7x to 295K, potentially signaling a price shift. Meanwhile, the SEC and Ripple have asked a court to pause appeals ahead of a key indicative ruling.
Bitcoin Price Prediction: Bitcoin's price has hit a wall at $109K, with ETF inflows and El Salvador's involvement boosting the bull case. However, geopolitical tensions could impact Bitcoin's recovery.
Stablecoin News: JPMorgan has filed for a trademark for "JPMD," sparking speculation about a potential stablecoin launch. Arthur Hayes believes Circle's reliance on Coinbase limits USDC's market reach.
Altcoin Updates:
Cardano: Cardano's price prediction looks bullish due to explosive ecosystem growth.
Solana: Solana's adoption is rising, with a major exchange choosing it for a new decentralized exchange platform.
Hedera: Hedera's price direction is still controlled by bears despite a recent recovery.
Market Trends:
Meme Coins: BONK eyes a 90% breakout as volume surges 53%.
TRON: TRON's $210m Nasdaq play is real, but Eric Trump's role is unclear.
Other News:
Canada's XRP ETF: Canada is launching its first XRP ETF this week.
Trump's Truth Social: Trump's Truth Social wants to launch a Bitcoin and Ethereum ETF.
Coinbase Sponsorship: Coinbase's sponsorship of Trump's Army Parade triggers nationwide backlash and sell-offs.$BTC
