Here are the top cryptocurrency news highlights for May 31, 2025:
🏛️ U.S. Senator Cynthia Lummis Plans New Crypto Legislation
Following the Las Vegas Bitcoin Conference, Senator Cynthia Lummis announced plans to introduce a new cryptocurrency bill aimed at providing clearer regulatory frameworks for digital assets in the United States.
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📉 Solana (SOL) Retests Critical Support Level
Solana (SOL) is currently retesting a crucial support level amid a broader market pullback. Analysts suggest that if this support fails, the recent rally towards $200 could be in jeopardy.
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📈 XRP Price Prediction: Analyst Foresees $8–$10 Range
Top Bitcoin analyst George Tung predicts that XRP could realistically reach a price range of $8 to $10 by the end of 2025, citing strong fundamentals and increasing institutional interest.
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🏦 Pakistan Establishes Strategic Bitcoin Reserve
Pakistan has announced the creation of a state-backed Strategic Bitcoin Reserve, marking a significant step in the country's adoption of digital assets. This move positions Pakistan as a notable player in the global crypto landscape.
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💼 PAIRMiner Launches $150 Cloud Mining Incentive
Amid a surge in institutional Bitcoin holdings reaching historic levels, PAIRMiner has introduced a $150 cloud mining incentive to make crypto mining more accessible to everyday users.
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🔐 Top U.S. Exchange to Introduce Yield on XRP
A leading U.S.-based cryptocurrency exchange is set to launch yield-earning opportunities for XRP holders, potentially transforming XRP from a "hold-only" asset to one that generates passive income.
