News
The biggest crypto news of the past week
4:30 p.m. ▪ 3 min reading ▪ by Luc Jose A.
Between revolutionary announcements, technological developments and regulatory turbulence, the crypto ecosystem continues to prove that it is both a territory of limitless innovations and a battlefield of regulatory and economic battles. Here is a condensed summary of the most notable news from the last week around Bitcoin, Ethereum, Binance, Solana, etc.
SEC Approved Ethereum ETFs
The United States Securities and Exchange Commission (SEC) recently approved several Ethereum ETFs, marking a major breakthrough for the second largest crypto by market capitalization. The move affects financial giants such as BlackRock, Fidelity and Grayscale, and could redefine institutional investors’ access to digital assets. The approval of Forms 19b-4 is a milestone, although Forms S-1 must still be approved before these ETFs can be marketed.
Trump accepts BTC, XRP and SHIB for his presidential campaign
Donald Trump announced that his presidential campaign will now accept donations in Bitcoin (BTC), Ripple (XRP) and Shiba Inu (SHIB). This initiative allows supporters to contribute through the Coinbase exchange, with donation amounts ranging from $20.42 to $4,547. This move stands in stark contrast to the Biden administration’s current stance and could influence the future of crypto regulation in the United States.
Bitcoin and Runes: enthusiasm fades
The launch of Runes, which took place on April 20, the day of the fourth Bitcoin halving, generated spectacular initial enthusiasm. Runes accounted for 57.7% of all Bitcoin transactions that day. However, a month later, enthusiasm has diminishedwith a significant drop in activity and fees generated by Runes transactions.
Solana: Leader in DePIN thanks to Render and Helium
Solana continues to stand out in the crypto ecosystem as a leader in the decentralized physical infrastructure (DePIN) sector thanks to the successes of Render Network and Helium Network. These networks leverage decentralized infrastructure for various applications, from artificial intelligence to data storage. Since their migration to Solana, these projects have experienced significant growth in terms of usage and participation.
Bitcoin dethroned: money makes a spectacular comeback
Silver recently surpassed Bitcoin in market value, reaching $1.83 trillion compared to Bitcoin’s $1.31 trillion. This dynamic has propelled silver to become the eighth most valuable asset, ahead of Bitcoin. This turnaround highlights the volatility and unpredictability of financial markets.
Discover our newsletter This link uses an affiliate program.
Maximize your Cointribune experience with our “Read to Earn” program! Earn points for every article you read and access exclusive rewards. Sign up now and start earning benefits.
Click here to join “Read to Earn” and turn your passion for crypto into rewards!
Luc José A.
A graduate of Sciences Po Toulouse and holder of a blockchain consultant certification issued by Alyra, I joined the Cointribune adventure in 2019. Convinced of the potential of blockchain to transform many sectors of the economy, I took the commitment to raise awareness and inform the general public about this constantly evolving ecosystem. My goal is to enable everyone to better understand blockchain and seize the opportunities it offers. I strive every day to provide an objective analysis of current events, to decipher market trends, to relay the latest technological innovations and to put into perspective the economic and societal issues of this ongoing revolution.
DISCLAIMER
The views, thoughts and opinions expressed in this article belong solely to the author and should not be considered investment advice. Do your own research before making any investment decisions.