Italy's Largest Bank Invests in Bitcoin as Ripple and Cardano Explore Partnerships

Reported 1 day ago

Italy’s largest bank has entered the crypto market by investing $1 million in Bitcoin. This comes amid significant activities in the cryptocurrency sector, including Ripple's donations for California fire victims and the potential integration of Ripple’s stablecoin, RLUSD, into Cardano’s DeFi ecosystem. Additionally, JPMorgan predicts substantial asset inflows for XRP and Solana ETFs if approved, highlighting their strong market potential. Meanwhile, a U.S. congressman has made headlines by purchasing XRP, signaling growing political interest in cryptocurrencies.

Source: YAHOO

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