#Latestcryptonews Here are some of the latest crypto news:

Recent Developments

- *$TRUMP Crypto Plan*: President Trump is set to sign an executive order allowing crypto exposure in US 401(k) retirement plans, sparking interest in crypto investments across public pension funds and state treasuries 🚀💸.

- *Ripple IPO*: Ripple's potential $20 billion IPO could mean significant changes for XRP holders, with many eagerly awaiting the outcome 📈.

- *$BTC Price*: Bitcoin nears $117,000 ahead of Trump's plan, with some traders predicting a continued surge in price 💥.

New Crypto Projects

- *Solaxy*: A Layer 2 solution for Solana, Solaxy enhances scalability and eliminates network congestion, with its multi-chain token $SOL X operating on both Ethereum and Solana 🌟.

- *SpacePay*: A decentralized terminal-agnostic protocol supporting crypto payments within retail locations, SpacePay has secured $750k from private investors and raised over $846k in its presale 💰.

- *Flockerz*: A new crypto project with a low presale price, Flockerz offers substantial staking benefits to its holders, with an impressive annual return of over 300% 🚀.

Market Trends

- *Altcoin Season*: Ethena, Sky, and Curve DAO are driving yield hunting despite Bitcoin's dominance, with some altcoins showing promising growth potential 📊.

- *DeFi Trading*: Hyperliquid drove $487B in decentralized crypto trading in July, with decentralized exchanges gaining traction 🌟.

- *Crypto Regulation*: The EU banking regulator has finalized draft rules requiring banks to assign a 1,250% risk weight to unbacked cryptocurrencies like Bitcoin and Ether 📝 ¹ ².