... between XRP and the overall cryptocurrency market capitalization remains high: when the entire market is climbing, XRP typically rises as well. Moreover, the macroeconomic conditions in 2025 are more favorable for risk assets than in the previous year. Central banks, after a tightening cycle in 2022–2023, have shifted to a more neutral stance: inflation is under control, and rates have stabilized. For instance, the U.S. Federal Reserve may maintain rates or signal the beginning of cuts at its early May meeting, which traditionally weakens the dollar and boosts demand for alternative assets, including cryptocurrencies. Institutional ...

... America are primarily driving growth, benefiting from faster recovery in economic activity supported by domestic demand and export opportunities. Inflation and Monetary Policy Inflation in 2025 remains above target levels in many countries, despite central banks' efforts to curb it. Further rate hikes are expected in regions like the United States and the Eurozone, while China and some emerging markets maintain a dovish monetary policy to stimulate economic growth. Global Imbalances Rising public debt: Many countries continue to borrow to ...

... favorable. It is also worth considering the impact of Trump's policies. If his economic moves prolong the period of high interest rates and at the same time increase inflation, this could reduce demand for gold as a safe haven asset, forcing investors to focus ... ... context of possible geopolitical instability or economic uncertainty, gold may again become attractive to investors, including central banks. For long-term investors, the current situation may even create a profitable entry point. Overall, the current decline in ...

... conditions. Asia and Central Asia Significant events are unfolding in Asia. Kazakhstan has launched the first Bitcoin ETF in Central Asia (Fontex Bitcoin ETF), which has been trading on the Astana International Exchange (AIX) since August 13. The fund,... ... CIS Russian regulators continue to tighten control over cryptocurrencies while simultaneously developing their initiatives. Banks are now permitted to offer qualified investors derivative financial instruments linked to cryptocurrency rates. The creation of a limited exchange platform for a narrow circle of professionals is also under discussion. In the meantime,...

... public (e.g., exemptions from certain fees and taxes during IPO) and for investors (tax deductions or reduced personal income tax rates on dividends/capital gains) will enhance interest from both sides of the market. Lowering the tax burden for participants ... ... will be combined with an emphasis on privatization and educational initiatives targeting private investors. The regulator (the Central Bank and the FAS), along with state programs aimed at developing the financial market, can play a key role in realizing these ...