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.
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%