Crypto News

Bitcoin and the broader crypto market experienced significant volatility, with BTC and ETH suffering another major dip while Bitcoin ETFs became the main buyers according to Coinbase, suggesting institutional interest remains strong despite the pullback. XRP was hit particularly hard with the token crashing toward $1.30 as $300M in bullish bets vanished overnight, though the asset still achieved 8.24 million funded addresses amid the volatility. Beyond price movements, regulatory and infrastructure developments continued on multiple fronts, including Brazil pushing mandatory tokenization, Russia hitting 270,000 digital ruble accounts in its CBDC launch, and law enforcement extraditing a Chinese national involved in a $36.9M crypto scam.