Bitcoin, Binance, Ethereum, Solan and Ripple: Essential Crypto Acts of the Week


19:00 β–ͺ
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Luc Jose A.

Among the revolutionary announcements, technological development and regulatory turbulence, the ecosystem continues to show that it is the territory of unlimited innovations and regulatory and economic battles. Here is the summary of the most prominent news about the last week around Bitcoins, Ethereum, Binance, Solana and Ripple.

Bitcoin ETF is good despite market voices

Despite a 25 % drop in bitcoin prices and a decline in incoming flows, Bitcoin ETF maintains 95 % of its assets or about $ 115 billion. This behavior, similar to the behavior of traditional ETFs, shows a change in the perception of investors who accept a longer -term approach. On these capital trips, however, there are signs of warnings that are still $ 1.6 billion in the last month, and a decrease in BTC demand that could point out to be on the market. πŸ”— Read the full article

Dry could close the ripple after four years of fighting

A case that opposes dry to ripple could finally get a legal battle after four years of legal battle. The Commission plans to terminate the proceedings after the judgment sentenced Ripple to a $ 125 million fine. If the appeal is abandoned on both parties, the decision will remain as it is, but in case of disagreement a new negotiation will be required. This potential conclusion coincides with the change of the ceiling of SuchΓ½, which leaves further proceedings against crypto companies. πŸ”— Read the full article

The dominance of bitcoins still wins

Bitcoin strengthens its grip on the crypto market of dominance, which reaches 61.2 % and confirms slowing in the altcoin rally. After a short focus associated with the choice of Donald Trump, investors fall back to the BTC, perceiving as a refuge for assets in the face of macroeconomic uncertainty. If this trend continued, Bitcoin’s domination could continue to increase, especially because the institutions continue to accept it on a large scale. πŸ”— Read the full article

Binance wins a record investment of $ 2 billion

The Crypto Binance platform received an investment of $ 2 billion from MGX, a fund based in Abu Dhabi. This fundraising, performed in stablecoins, is most important in the crypto sector. CZ used announcements to provoke a possible “altcoins season” and promote speculation about the new bull cycle for alternative cryptos. This investment could also help binance to strengthen its dominant position and navigate in an increasingly stricter regulatory environment. πŸ”— Read the full article

Marine Le Pen wants to undermine bitcoins of nuclear

Marine Le Pen proposes to operate excess nuclear electricity to supply bitcoin mining. During a visit to Flamanville EPR, she condemned the lack of use of the French nuclear fleet, which in the United States operates 70 % of its capacity against 90 %. Rather than reducing production during a period of low demand, it wants to direct excess energy towards cryptus mining and thus generate income for EDF. If this initiative refers to certain players in this sector, it also raises questions about its environmental impact and economic viability. πŸ”— Read the full article

Solana collapses after the end of the same bubble

Speculative madness approximately the same ends at the same time, leading to a decline in 93 % of Solana’s income, from $ 55.3 million to $ 4 million a week. Instead of pump.fun, which represented 80 % of the network income, it recorded its activity after the fall of Trump and Melania tokens. Solana TVL lost almost 50 % and the price of soil dropped by 58 % in a few weeks. This crisis emphasizes the dependence of the network on speculative cycles and increases doubts about its ability to build a more stable and diverse ecosystem. πŸ”— Read the full article

It is necessary to remember this week. However, if you want a more detailed summary and analysis in depth directly in your reception box, do not hesitate to subscribe to our weekly newsletter.

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Luc Jose A. Avatar

Luc Jose A.

A graduate of the Toulouse and the Blockchain Consultant Certification certification holder and I joined the adventure of Cointribuna in 2019. I convinced of the potential of blockchain to transform many economy sectors, committing to raising awareness and informing the general public about how the ecosysty developed. My goal is to allow everyone to better understand blockchain and take the opportunity they offer. I try to provide an objective analysis of messages every day, decrypt trends on the market, hand over the latest technological innovations and introduce the economic and social issues of this revolution.

Renunciation

The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.

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