Bitcoin, Binance, Ethereum, Solana, And Ripple: The Biggest Crypto News From The Past Week
Amid revolutionary announcements, technological evolutions, 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 struggles. Here is a summary of the most notable news from the past week regarding Bitcoin, Ethereum, Binance, and Solana, as well as Ripple.
Bitcoin: The Czech National Bank is getting started!
The Czech National Bank, under the leadership of its governor Aleš Michl, plans to integrate Bitcoin into its reserves to diversify its assets. This strategy, which will complement current reserves of gold and foreign currencies, remains cautious but bold. However, the project still needs to convince a predominantly skeptical board regarding cryptoassets. Beyond the Czech Republic, other similar initiatives are emerging, particularly in the United States, where a “Bitcoin Act” is supported by a political coalition. These developments highlight the growing interest in Bitcoin as a strategic reserve, although its volatility remains a major concern. The impact on the market could be significant if these projects come to fruition.
Solana: The new king of DEX with record volumes
With $3.8 billion exchanged in just one day last Monday on its DEX platforms, Solana has surpassed Ethereum and Base combined and confirms its position as an emerging leader. Its total value locked (TVL) jumped from $1.4 billion to $9.5 billion in just one year, thanks to reduced fees and unmatched execution speed. Memecoins and tokens related to artificial intelligence, which represent a significant portion of the volumes, are attracting a wave of traders to its ecosystem. Raydium, with 60% of Solana’s market share, exemplifies this dominance by surpassing Uniswap’s volumes. Innovative and competitive, Solana positions itself as an essential blockchain, ready to compete with the giants of Web3.
Bitcoin in decline: The Fear & Greed Index at an all-time low
Since its historical peak of $108,000 in November 2024, Bitcoin has wavered, falling below $92,000 in early January 2025. The Fear & Greed Index, a barometer of crypto market sentiment, has sharply dropped to 50, a level that reflects a significant loss of confidence. Factors explaining this situation include rumors of massive sales of 198,000 BTC confiscated on Silk Road, rising U.S. bond yields, and a strengthened dollar. Additionally, $570 million have been withdrawn from Bitcoin ETFs in a single day. While some analysts foresee a possible recovery, with bold projections reaching $140,000 in March, the market remains under pressure, weakened by uncertainty surrounding the monetary decisions of the U.S. Federal Reserve.
Binance: 250 million users reached in 2024
Binance has reached a historic milestone by surpassing 250 million registered users in 2024, solidifying its status as the global leader in crypto exchanges. This spectacular growth has been supported by an expansion of its products, including innovations in DeFi, simplified NFT solutions, and digital wealth management tools. These efforts have also allowed it to exceed $15 trillion in annual trading volumes, while the Binance crypto card has attracted over 12 million users. Despite ongoing regulatory challenges and market volatility, Binance has managed to maintain investor confidence and strengthen its central role in the global adoption of digital assets.
XRP: Over 2 million transactions in one day
Between Saturday and Sunday, the XRP network recorded over 2 million transactions, marking a notable resurgence of activity in the crypto landscape. This transactional explosion comes alongside a price stabilization, with solid support above $2.20 and $2.30. These indicators reflect a growing interest in the XRP blockchain, which is appealing for its speed and low costs. The price of XRP, currently close to a key resistance at $2.60, could initiate a bullish trend if it manages to surpass this threshold. However, a failure could lead to a retreat towards $2, a critical support level. This dynamism reflects a renewed interest in cross-border payment solutions, where XRP plays a central role. The coming weeks will be crucial to determine whether this rise represents sustained adoption or a mere temporary spike.
Here’s the essential takeaway for this week. But if you want a more detailed recap and in-depth analyses directly in your inbox, feel free to subscribe to our weekly newsletter.
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Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.