📈 Bitcoin Surges Past $104,000 Amid Institutional Buying
Bitcoin (BTC) has climbed to $103,971, driven by optimism over potential U.S. interest rate cuts and increased institutional investment. Despite a decline in ETF inflows—from $3 billion in late April to $228 million this week—analysts view Bitcoin's consolidation around this level as a sign of market maturity and resilience.
---
🪙 XRP Gains Momentum Following Legal Victory
Ripple Labs achieved a significant legal win as a federal judge denied the SEC's proposed settlement regarding XRP. This development has reignited investor enthusiasm, with some analysts suggesting XRP could be "the next Bitcoin" due to its potential in cross-border payments.
---
🏛️ Delhi Court Recommends CBI Take Over ₹2,000 Crore Crypto Fraud Case
A Delhi court has urged the Central Bureau of Investigation (CBI) to assume control of a major cryptocurrency fraud case involving approximately ₹2,000 crore. The case centers around a cyberattack on the WazirX platform, resulting in significant losses and highlighting the need for a national-level investigation.
---
🏢 Coinbase Plans New Headquarters in San Francisco
After years of operating remotely, Coinbase is nearing a lease agreement for a new headquarters at Mission Rock in San Francisco. The move signals a shift in the company's remote-first approach and aligns with plans to hire 1,000 additional employees in 2025.
---
📊 Crypto Market Sentiment Remains Positive
The Crypto Fear & Greed Index stands at 71 (Greed), indicating sustained investor optimism. This marks a significant improvement from a month ago when the index was at 30 (Fear), reflecting growing confidence in the market.
---
🖼️ Visual Highlights
Here are some images related to today's crypto news:
Vaultro Finance's Decentralized Index Fund Dashboard on XRPL:
Coinbase's New Headquarters at Mission Rock:
Crypto Market Overview:#CryptoRegulation #cryptouniverseofficial
