Bitcoin, Binance, Ethereum, Solana, And Ripple: The Biggest Crypto News Of The Past Week

Amid revolutionary announcements, technological evolutions, and regulatory turbulences, the crypto ecosystem continues to prove that it is both a territory of limitless innovations and a battleground for regulatory and economic conflicts. Here is a summary of the most significant news from the past week concerning Bitcoin, Ethereum, Binance, Solana, and Ripple.

Bitcoin faces unprecedented liquidity crisis according to Glassnode

The Bitcoin market is experiencing a liquidity crisis marked by a decrease in incoming capital and a disengagement of institutional investors. On-chain transactions have fallen by 54% since the end of February, and open interest in futures contracts has dropped by 35%. Glassnode highlights a growing gap between short-term investors, who are down 7 billion dollars, and long-term holders who maintain their positions despite volatility. 🔗 Read the full article

Crypto exchange Coinbase becomes the largest Ethereum node operator

Coinbase is now the leading Ethereum node operator with 11.42% of staked ETH, which amounts to nearly 6.8 billion dollars. With over 120,000 active validators and a participation rate of 99.75%, the platform dominates staking. While this situation ensures stability and reliability, it also raises questions about the decentralization of Ethereum, one of the pillars of its initial philosophy. 🔗 Read the full article

U.S. justice lifts sanctions against crypto mixer Tornado Cash

The U.S. justice system has decided to lift the sanctions against Tornado Cash, after determining that its smart contracts could not be considered legal entities. Accused of facilitating the laundering of over 7 billion dollars, particularly by the Lazarus group, the crypto mixer had been banned in 2022. This decision marks a turning point in recognizing decentralization in the face of regulatory attempts. 🔗 Read the full article

Michael Saylor predicts the end of the euro without Bitcoin

Michael Saylor claims that Europe risks losing its monetary sovereignty if it does not embrace Bitcoin. According to him, the massive adoption of cryptos in the United States and the dominance of dollar-backed stablecoins threaten the euro, especially in the face of American tech giants already controlling digital payments. The ECB is relying on the digital euro to counter this trend, but Saylor believes that only the integration of Bitcoin can preserve Europe’s economic stability. 🔗 Read the full article

Ripple wins decisive victory against the SEC

The SEC has officially dropped its lawsuit against Ripple, ending four years of legal battles. This outcome confirms that XRP is not a financial security, according to the Howey test, and thus opens the door for potential approval of an XRP ETF. Following this announcement, the price of XRP surged by 12%, reaching $2.4. 🔗 Read the full article

Binance deploys Pascal to accelerate the BNB Chain

Binance has launched the Pascal update on the BNB Chain, aimed at reducing transaction fees and improving speed. This evolution allows dApps to benefit from better flexibility, while enhancing compatibility with the Ethereum ecosystem. The goal is to make the BNB Chain a high-performance network capable of competing with rival blockchains in terms of speed and costs. 🔗 Read the full article

Bitcoin, Dogecoin… The SEC clarifies the legality of PoW mining

The SEC has officially stated that Proof-of-Work (PoW) mining is not considered a securities offering. As long as miners receive rewards automatically without depending on the efforts of others, they are not subject to the Securities Act of 1933. This clarification brings relief to the industry, particularly for Bitcoin and Dogecoin miners, although the SEC remains vigilant about other aspects of the crypto sector. 🔗 Read the full article

That’s the key 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.