Weekly Crypto News Roundup: Volatility, Legal Battles, and Strategic Moves
By: Isha Das
Cryptocurrency Market Faces Volatility: The market faced significant volatility after the Federal Reserve's cautious approach to rate cuts, affecting Bitcoin and Ethereum prices.
Solana Sets Transaction Records: Solana reached new milestones by processing a daily record of transactions, highlighting its growing blockchain presence.
Ohio's Bitcoin Initiative: Ohio proposed a Bitcoin treasury initiative to safeguard public funds against US dollar devaluation.
El Salvador Secures IMF Loan: Amid Bitcoin policy changes, El Salvador secured a $1.4 billion loan from the IMF.
Bitcoin Reaches New Highs: Bitcoin shattered records by reaching new all-time highs, leading to significant liquidations.
Ripple's RLUSD Stablecoin Launch: Ripple is set to launch its stablecoin, RLUSD, aiming for regulatory compliance and market expansion.
MicroStrategy Boosts Bitcoin Holdings: MicroStrategy continued its aggressive Bitcoin acquisition, holding a noteworthy percentage of the total supply.