#CryptoNewss Here are some of the latest crypto news and updates:
Top Stories:
Ethereum Surges: Ethereum's price has surpassed $4,300, with analysts predicting a potential target of $5,000 or even $12,000 in the near future due to growing bullish momentum and steady ETF demand. The softer dollar and rate-cut bets are also contributing to the surge.
Ripple vs SEC Lawsuit: The Ripple vs SEC lawsuit has ended, with multiple analysts predicting a breakout to $10 for XRP. The SEC's recent waiver removal has paved the way for institutional integration.
Bitcoin Price Prediction: Analysts predict a Bitcoin price surge with a historical bullish signal returning, potentially driving the price to a new all-time high.
Market Updates:
Vitalik Buterin's Net Worth: Ethereum co-founder Vitalik Buterin has reclaimed the "onchain billionaire" crown as Ether tops $4.2K, with traders eyeing new all-time highs.
World Mobile's Decentralized Telecom Project: World Mobile has launched a drone-based decentralized telecom project, providing wireless services to users via unmanned aerial drones.
Embargo Ransomware Group: The Embargo ransomware group has moved over $34 million in ransom-linked crypto since April, targeting US hospitals and critical infrastructure.
Institutional Investments:
Harvard's Bitcoin ETF Investment: Harvard Endowment has revealed a $116M stake in BlackRock's Bitcoin ETF, sparking interest in institutional investments in crypto assets.
Trump's World Liberty Financial: Trump's World Liberty Financial targets a $1.5B crypto vehicle backed by WLFI tokens, with a focus on institutional adoption.