1. Bitcoin Overtakes Amazon to Become a Top 5 Global Asset
Bitcoin has surpassed Amazon in market value, now ranking among the world’s top five assets. With a market cap of more than $1.4 trillion, Bitcoin now sits next to Apple, Microsoft, and gold. This milestone shows growing institutional investment in Bitcoin as a long-term store of value.
2. Czech Central Bank Invests in Coinbase
In a surprising move, the Czech National Bank added Coinbase stock (COIN) to its foreign exchange reserves. This is the first known instance of a central bank directly investing in crypto-related equity. This step highlights how traditional financial institutions are gradually warming up to digital asset exposure.
3. Ripple Pursues MiCA License for EU Expansion
Ripple is pursuing a license under the Markets in Crypto-Assets (MiCA) framework, which would allow it to offer services across the European Union. Approval would enable Ripple to launch its RLUSD stablecoin and provide broader crypto services under a single regulatory umbrella in one of the world’s most progressive crypto markets.
4. U.S. Crypto Legislation Advances After House Gridlock
In Washington D.C., long-stalled cryptocurrency legislation has finally progressed after a months-long gridlock in the U.S. House of Representatives. The approved bills address stablecoins, digital asset market structures, and crypto tax rules—marking a significant step forward in regulating the U.S. crypto landscape.
