Between revolutionary announcements, technological developments and regulatory turbulence, the crypto ecosystem continues to prove that it is both a territory of limitless innovation and a field of regulatory and economic battles. Here is a summary of the most notable news from the past week around Bitcoin, Ethereum, Binance and Solana, etc.
Ethereum ETFs approved by the SEC
The United States Securities and Exchange Commission (SEC) recently approved several Ethereum ETFs, marking a major step forward 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. Approval of Forms 19b-4 is a milestone, although approval of Forms S-1 still remains before these ETFs can be marketed.
Trump accepts BTC, XRP and SHIB for his presidential campaign
Donald Trump has announced that his presidential campaign will now accept donations in Bitcoin (BTC), Ripple (XRP) and Shiba Inu (SHIB). This initiative allows supporters to contribute via 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 wanes
The launch of the Runes, which occurred 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, the enthusiasm has faded, with a sharp decrease in activity and fees generated by Runes transactions.
Solana: Leader in DePIN thanks to Render and Helium
Solana continues to distinguish itself 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 infrastructures for a variety of applications, from artificial intelligence to data storage. Since migrating to Solana, these projects have seen significant growth in 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 propelled silver to become the eighth most valuable asset, ahead of Bitcoin. This turnaround is reminiscent of the volatility and unpredictability of financial markets.
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