### 📈 Top Cryptocurrency News (August 9, 2025)

1. **Record High for the Cryptocurrency Market**:

- The market saw a significant surge after U.S. President Trump signed an executive order allowing **401(k)** retirement funds to invest in digital assets, opening the door for a potential capital influx of **$9 trillion**.

- The price of **Bitcoin** rose by 2% to reach **$116,000** (the highest level since July 31), while **Ethereum** jumped 5.67% surpassing **$3,900**.

2. **Settlement for XRP**:

- The **Ripple (XRP)** coin experienced a leap of **12.8%** after settling a 4-year legal dispute with the U.S. Securities and Exchange Commission (SEC), boosting investor confidence.

3. **Institutional and Regulatory Developments**:

- **El Salvador** launched the world's first "Bitcoin Bank," enhancing its official adoption of digital currencies.

- **Dubai** granted **Laser Digital** the first license for regulated cryptocurrency derivatives, in a move supporting institutional market growth.

- **Chainlink** launched a strategic reserve for its **LINK** currency to enhance stability, with the currency rising **17.39%** monthly.

4. **Notable Price Movements**:

- **Ethereum** is approaching **$4,000** with expectations of surpassing **$4,200** at a 68% probability according to **Polymarket** bets.

- Coins like **Solana (SOL)** and **Cardano (ADA)** recorded gains between **4-6%**, while **Uniswap (UNI)** surged **20.56%** monthly.