Weekly Roundup: XRP Breaks $3, Strategic Bitcoin Reserves, and More
By: Eva Baxter
- XRP Soars Beyond $3 Mark Amid Market Frenzy: XRP, associated with Ripple, breaches the $3 mark driven by increased interest in XRP futures and speculation about Trump's potential return to office.
- Oklahoma Legislators Push for Strategic Bitcoin Reserve: Oklahoma proposes a bill to establish a strategic Bitcoin reserve, allocating up to $850 million to diversify state assets.
- Tether Moves Global Headquarters To Bitcoin-Friendly El Salvador: Tether announces relocation to El Salvador, aligning with its mission for financial inclusion.
- Court Orders SEC To Justify Its Stance On Crypto Regulation: The US Court of Appeals sides with Coinbase, critiquing SEC's regulatory approaches in the digital asset sector.
- Bitcoin Shows Volatility Amid Declining Capital Inflows: Bitcoin experiences price fluctuations due to decreased institutional investment and ongoing discussions about US interest rates.
- Sony Enters NFT Space With Launch of Soneium Blockchain: Sony launches Soneium, an Ethereum Layer 2 blockchain aimed at enhancing decentralized internet and NFT experiences.
