Global

As the digital rupee, India's Central Bank Digital Currency (CBDC), enters its second year of pilot testing, regulators are expressing growing concern over the risks associated with private cryptocurrencies.

Ripple’s XRP is currently at a critical juncture, with a series of developments that could significantly impact its future. From CEO Brad Garlinghouse's recent disclosures to the cryptocurrency's fluctuating price movements, here's a look at the events capturing the crypto community's attention and what might be in store for XRP holders.

In a significant move, Salvadoran President Nayib Bukele has announced a donation of 2 bitcoins, valued at approximately $133,000, to support the construction of 1,000 schools in Honduras.

Bitcoin's price has experienced a temporary decline after reaching a new high of $69,000 last week. While analysts predict further downward movement, they also highlight potential support levels that could signal a healthy pullback before a resumption of the uptrend.

Shiba Inu (SHIB) has seen a significant increase in token burns recently, with over 300 million SHIB tokens removed from circulation in the past week. Despite this, the price of SHIB has continued to decline.

The 16th annual BRICS Summit in Kazan, Russia, has seen a renewed focus on de-dollarization. Leaders from Russia, China, and Iran have stressed the need for new digital platforms to reduce reliance on the US dollar in international transactions.