Happy Saturday!

As we explore today’s crypto news, the XRP Ledger is signaling a rise in activity, which could lead to an upward trend in XRP prices. In a surprising twist, Stephen Akridge, co-founder of Solana, is facing allegations from his ex-wife regarding the misappropriation of millions in crypto gains. On the regulatory front, the Treasury and IRS have finalized new broker rules for DeFi, requiring KYC compliance from protocols by 2027—a decision that has drawn criticism from the crypto community. Join us as we delve into these key developments and their potential impact on the market!

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The global crypto market cap is $3.3 trillion, with a 24-hour volume of $94.85 billion. The price of Bitcoin is $94,332.96, and BTC market dominance is 56.5%. The price of Ethereum is $3,364.70, and ETH market dominance is 12.3%. The Crypto Fear & Greed Index is currently Greed (72).

📰 Top News

XRP Ledger shows signs of increasing usage, suggesting XRP price increase

As the velocity metric nears a breakout on the descending trend line, XRP price could start an upward movement.

Solana co-founder Stephen Akridge accused of misappropriating ex-wife’s crypto gains

Although the amount is not specified in the lawsuit, Stephen Akridge's ex-wife claims it is "millions of dollars."

Treasury and IRS finish broker rules for DeFi, require KYC from protocols

Crypto community called the rules, which will come in effect in 2027, unlawful and out of reach.

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