Forwarded from Crypto | Bitcoin | Ethereum | Altcoin | News
Weekly Crypto Recap | May 5–11, 2025
by @Cryptocurrency_Inside
🧠 Ethereum & Vitalik
Vitalik Buterin unveils a new Ethereum architecture aiming for Bitcoin-level simplicity within 5 years.
Pectra upgrade activated: 11 improvements enhance UX, validator efficiency, and Layer 2 scaling.
💰 Bitcoin & Macro
MicroStrategy adds 1,895 BTC ($180.3M) at an avg. price of $95,167 (Apr 28–May 4).
Arthur Hayes says Bitcoin bottomed on April 9 – eyes $1M by 2028.
Federal Reserve leaves interest rates unchanged.
🏛️ Institutions & Regulation
Coinbase to acquire crypto options platform Deribit for $2.9B – expanding into derivatives.
Standard Chartered predicts $BNB to reach $2,775 by 2028 – sees it as a BTC-ETH hybrid.
🎉 Politics & Tokenization
Donald Trump unveils official poster for his $TRUMP Gala Dinner set for May 22.
⚖️ Enforcement
Celsius founder Alex Mashinsky sentenced to 12 years for crypto fraud.
📈 Altcoins & ETFs
21Shares launches Cronos ($CRO) ETP on Euronext Paris and Amsterdam.
Stay tuned for next week's top stories!
by @Cryptocurrency_Inside
🧠 Ethereum & Vitalik
Vitalik Buterin unveils a new Ethereum architecture aiming for Bitcoin-level simplicity within 5 years.
Pectra upgrade activated: 11 improvements enhance UX, validator efficiency, and Layer 2 scaling.
MicroStrategy adds 1,895 BTC ($180.3M) at an avg. price of $95,167 (Apr 28–May 4).
Arthur Hayes says Bitcoin bottomed on April 9 – eyes $1M by 2028.
Federal Reserve leaves interest rates unchanged.
🏛️ Institutions & Regulation
Coinbase to acquire crypto options platform Deribit for $2.9B – expanding into derivatives.
Standard Chartered predicts $BNB to reach $2,775 by 2028 – sees it as a BTC-ETH hybrid.
🎉 Politics & Tokenization
Donald Trump unveils official poster for his $TRUMP Gala Dinner set for May 22.
⚖️ Enforcement
Celsius founder Alex Mashinsky sentenced to 12 years for crypto fraud.
📈 Altcoins & ETFs
21Shares launches Cronos ($CRO) ETP on Euronext Paris and Amsterdam.
Stay tuned for next week's top stories!
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Michael Saylor shared the Saylor Bitcoin tracker again. MicroStrategy typically announces a new #BTC purchase the following day.
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#BTC has surpassed four of the seven 'Magnificent 7' companies in size and is poised to exceed the total value of US paper dollars in circulation.
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🇪🇸 Spain now mandates strict reporting for cash withdrawals over €3,000.
Another reminder that your money isn’t truly yours.
Could be a good time to hold some Bitcoin.
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Metaplanet bought 1,241
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US and China Slash Tariffs for 90 Days
Both the United States and China have agreed to temporarily reduce tariffs:
• US cuts tariffs on Chinese goods from 145% → 30%
• China slashes tariffs on US goods from 125% → 10%
• Duration: 90 days
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A fresh wallet pulled 500 #BTC ($52.26M) from Binance within the past hour.
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Media is too big
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🇹🇼 Taiwan Legislator Ko Ju-Chun advocates for
Asia is getting prepared
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American Bitcoin Corp. and Gryphon Digital Mining announce merger, impacting the Bitcoin mining sector.
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🇺🇸 Missouri moves to become the first U.S. state to eliminate capital gains tax on Bitcoin with the passage of HB 594.
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