May 13: Ripple Launches Major European Expansion, and New $38M Exploit Hits Solana DeFi
Summary
Bitcoin Update: Bitcoin holds above $80,400 amid rising geopolitical tensions and oil prices, with traders watching today’s U.S. inflation data for directional cues.
Ethereum Momentum: Spot Ethereum ETFs saw their strongest single-day inflows in over a month, led by BlackRock and Fidelity, signaling growing institutional interest in ETH.
Ripple Expansion: Ripple launched RLUSD in five new European countries with local bank partnerships to support cross-border payments and tokenized treasury services.
Institutional Move: A major European asset manager launched a new Bitcoin and…
The skinny
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