Ripple invests in Bitwise XRP fund with XRPL Foundation launch
Bitcoin’s popularity is no secret, but for South Korea, things are a bit rocky. The CEO of CryptoQuant recently compared the country’s stance on Bitcoin to what’s known as the ‘Gary Gensler situation.’ While that may sound complex, it’s all about how certain authorities view Bitcoin and its potential impact.
In other news, the NYSE has filed to list Bitwise’s Bitcoin and Ethereum mixed ETP, bringing more options for investors looking to dip their toes into the crypto market. And on the stablecoin front, Justin Sun’s Tron network has made a significant investment in World Liberty Financial, a company backed by the Trump family.
Regulation is always a hot topic in the world of cryptocurrency. The Iranian central bank is eyeing the development of a CBDC and fintech progress to combat sanctions. Meanwhile, Ripple made waves by investing in Bitwise XRP fund amid the launch of the new XRPL Foundation.
Politics and crypto are also mixing, with Fairshake PAC securing a substantial $103 million for the 2026 midterm elections after a sizeable donation from Ripple. And in the world of DeFi, Cardano’s Charles Hoskinson is advocating for a DeFi-enabled Bitcoin ecosystem, exploring new possibilities for the future of digital finance.
Web3 is not far behind, with valuable lessons to be learned from Off The Grid and Telegram. The key takeaway? Put blockchain in the background, focusing on creating seamless user experiences.
Whether you’re a seasoned investor or just starting to explore the world of cryptocurrency, these developments shed light on the ever-evolving landscape of digital assets. Stay tuned for more updates on all things crypto!