Key Highlights:

  • Republicans Launch ‘Crypto Week’: The Republican Party has introduced “Crypto Week” to focus on three major cryptocurrency-related bills, reflecting rising political interest in digital assets.

    $BTC

  • Stablecoin Legislation Passed: The U.S. Senate recently approved a bill focused on stablecoins, marking a major step forward in crypto regulation and market legitimacy.

  • Crypto Market Trends: Bitcoin continues its upward trend, surpassing the $117,000 mark, with market analysts expecting further growth. XRP also achieved a historic milestone, with over 2,700 wallets now holding more than 1 million XRP, indicating strong whale activity.

  • Rising Institutional Adoption: Leading financial institutions such as BlackRock and BNY Mellon have deepened their involvement in crypto by entering the custody and stablecoin sectors, signaling increased institutional confidence.

  • Evolving Regulatory Landscape: U.S. lawmakers are actively exploring regulatory reforms that may ease restrictions on digital assets, particularly in response to the expanding role of stablecoins in the financial system.

Market Snapshot (24h Change):

  • Bitcoin (BTC): $117,801 ▼ 0.21%

  • Ethereum (ETH): $2,961.44 ▼ 0.88%

  • XRP: $2.79 ▲ 5.63%

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