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Recent reports claim the UK Parliament is discussing Ripple and XRP as potential national infrastructure. While Ripple has indeed submitted evidence to UK committees and participated in digital asset policy debates, claims of “official recognition” are overstated.Parliamentary evidence or mentions are part of standard industry engagement — not formal endorsement. For XRP to be officially recognized as national infrastructure, the UK government or Bank of England would need to make a binding decision. That remains far from reality.Ripple’s Presence in UK Policy CirclesRipple has been active in UK regulatory discussions. It has provided evidence to the Treasury and DCMS committees…

Digital asset investment firm Galaxy Digital (GLXY) said on Friday it agreed to a $460 million private investment from one of the world’s largest asset managers, a deal that would add cash for its growing data center business and general corporate needs.The investment, from the undisclosed firm, is split between 9,027,778 new Class A shares issued by Galaxy and 3,750,000 shares sold by certain executives, including founder and CEO Mike Novogratz, at $36 per share, according to the press release. That’s an 8.5% discount from Friday’s closing price.”Strengthening our balance sheet is essential to scaling Galaxy’s data center business efficiently…

Crypto analyst EtherNasyonaL has predicted that the Dogecoin price is well-primed for a parabolic rally. This came as he alluded to the meme coin’s historical performance, while declaring it was “parabolic coded.” Dogecoin Price Eyes Rally To $1 As Analyst Says Meme Coin Is ‘Parabolic Coded’ In an X post, EtherNasyonaL predicted that the Dogecoin price could rally to the psychological $1 level, hinting that the meme coin was well-positioned for a parabolic rally. The analyst highlighted DOGE’s historical performance in the fourth quarter of 2023 and 2024, when it recorded gains of 246% and 373%, respectively. Based on this,…

Institutional investors are deepening their involvement in digital assets and emerging technologies such as blockchain and AI, according to a new State Street report — though many remain split on whether decentralized finance can ever fully blend with traditional markets.The study found that digital assets currently make up about 7% of institutional portfolios, a figure expected to climb to 16% by 2028. Most holdings are concentrated in digital cash (stablecoins) and tokenized versions of listed equities or fixed income, with respondents allocating about 1% of their portfolios to each and asset managers maintaining greater exposure.Source: State StreetWhile stablecoins and tokenized…

The global crypto market lost nearly $125 billion in value within hours on Friday after US President Donald Trump announced plans for a “massive” increase in tariffs on Chinese imports and canceled his upcoming meeting with President Xi Jinping.Bitcoin and Ethereum led the decline as risk assets sold off sharply following Trump’s remarks. Sponsored Trump’s Trade War Fear Crashes Financial MarketsThe total crypto market capitalization dropped from around $4.27 trillion to $4.10 trillion, according to CoinGecko. The move mirrored Wall Street’s reaction, where the S&P 500 erased $1.2 trillion in value in 40 minutes. What just happened?At 10:57 AM ET, President…

Ten of the world’s largest banks, including Citi, Deutsche Bank, UBS, Barclays, MUFG, Santander, and Bank of America, are exploring the launch of stablecoins pegged to major G7 currencies. The initiative aims to create a network of interoperable digital tokens backed 1:1 by fiat reserves such as the US dollar, euro, pound, and yen.The project is still in its exploratory phase. But it marks the first serious attempt by the global banking sector to enter the stablecoin market dominated by Tether and Circle. If realized, it could redefine how banks handle cross-border settlements and digital assets.Sponsored The Good: Why the G7…

Weekends often bring quieter trading, but that also means sharper moves for those paying attention. While most of the market has stayed choppy, more so with BTC correcting almost 4% from its all-time high, a few altcoins to watch are flashing signs that deserve a closer look.From breakout formations to renewed whale activity and fresh smart money accumulation, these three coins show short-term setups that could extend over the next 48 hours.Sponsored SponsoredZora (ZORA)ZORA is a creator-focused token in the Base network that has caught strong attention this week. The token has surged more than 73% in the past 24…

XRP trades near $2.83 as bullish momentum builds. Charts show rising RSI, price compression, and a $4 breakout target in focus. XRP was trading around $2.83 at press time, with a 24-hour volume of $4.7 billion. The asset is slightly higher on the day but still shows a 7% drop over the last week. Traders are watching key chart levels as momentum builds around major resistance zones. Long-Term Chart Builds Case for Higher Targets Analyst EGRAG CRYPTO shared a monthly chart showing both price and RSI moving in the same direction. The price trend is climbing steadily, with a…

Paul Atkins wants to cement his vision for the crypto markets before political tides shift again in Washington. As the new chair of the US Securities and Exchange Commission, he’s moving quickly to “future-proof” SEC policies,  a push that could define how much freedom the crypto industry enjoys after President Donald Trump leaves office.In a conference hosted by the Managed Funds Association in New York on Tuesday, Atkins said the SEC would work quickly to adopt rules that could “future-proof” his agenda. He specifically referred to removing or weakening regulations on public and private markets, both of which could impact…

Donald Trump is reportedly considering granting a presidential pardon to Binance founder Changpeng “CZ” Zhao. According to the White House rumors, Senior aides are said to be divided over the move. There are debates about potential backlash from regulators and lawmakers who view CZ’s conviction as a landmark case in financial crime enforcement.Sponsored CZ’s Sentencing and Legal HistoryIf granted, the pardon would effectively clear Zhao’s federal conviction despite his having already served his sentence. Zhao, the former CEO of Binance, pleaded guilty in 2023 to violating the Bank Secrecy Act for failing to maintain an adequate anti-money-laundering program.  SCOOP: People close to…