This was another hectic week in cryptocurrency, with news and notable developments with an impact on Bitcoin (BTC) and decentralized finance (DEFI). The cryptography market is still in motion, with price changes, whale activity, the evolution of regulations and Web3 growth. Here is a concise summary of key crypto key events during last week.
21Shares Files for the first Dogecoin ETF spot in the United States
21Shares filed with the Nasdaq to launch the first ETF US SPOT DOGECOIN (DOGE), aimed at maintaining the real DOGE in police custody via Coinbase. This decision puts 21hares in the lead in the race to introduce an FNB same corner in the American markets, with the support of the House of Doge. Analysts see high approval ratings this year, which could mark an important step in the introduction of Dogecoin in consumer investment.
Blackrock moves to the monetary market fund of $ 150 billion
Blackrock has filed with the SEC to launch “DLT actions”, a blockchain -based actions class for its Treasury fiduciary fund of $ 150 billion. Actions do not hold crypto but will use the blockchain to reflect property recordings, stimulate transparency and efficiency. Bny Mellon will take care of the big bookchain book. This decision puts BlackRock in the growing race for Tokenize real world active ingredients, after its success as Buidl of $ 2.5 billion and its similar efforts by JPMorgan and Fidelity.
Truth Social Plans Utility Token and Wallet for its expanding ecosystem
Truth Social, part of the Trump media Empire, announced its intention to launch a utility token and a digital portfolio to facilitate subscriptions and services on its platforms. The token will first be used for truth + streaming payments, with future expansion in the social and financial services of truth. Supported by up to $ 250 million in cryptographic investment, this decision deepens the thrust of Trump Media’s blockchain, although the details remain rare. Trump even fell 10% on the fears of competition.
Such joined Bitcoin Defi with SBTC integration
Such deepens the Bitcoin DEFI by announcing plans to integrate SBTC – an asset supported by Bitcoin on the Stacks network. Supported 1: 1 per BTC, SBTC allows an intelligent contract functionality, providing Bitcoin liquidity in the SUA rapid growth ecosystem. With more than $ 9.6 billion already locked up in Bitcoin DEFI, suited to capture more market share. This decision is strengthening its position as an increased center center, with batteries and sui that combine to extend the role of BTC in decentralized finance.
Ripple said Ups Circle offers $ 20 billion after rejection
According to rumors, Ripple has quadrupled its acquisition offer for Circle, the USDC issuer, from $ 5 billion to $ 20 billion after the rejection of its initial candidacy. This decision, still not confirmed by one or other of the companies, aims to give control of the ripple of the stablecoin USDC of $ 61 billion and to improve its cross -border payment strategy. Timing is essential, because the circle the eyes of an American stock market. Ripple’s Push follows recent regulatory victories and growing links with Pro-Crypto leadership in the United States.
The United Kingdom to ban the purchases of crypto with money borrowed
The United Kingdom FCA plans to prohibit retail investors from using credit cards, loans or funds borrowed to buy crypto. This decision comes after the data has shown that 14% of British used the Credit for Crypto in 2024 – more than double compared to 2022. By aiming to limit risky speculation and debt, the prohibition can exempt regulated stablecoins. The proposals also tighten the rules of loan, development and challenge, arousing a debate on the balance of innovation with consumer protection.
Move tokens crashes 22% as a co-founder of scandal forces
Movement laboratories plunged in crisis this week after a dump scandal in Token destroys 22% of the value of Move in 24 hours. Reports have revealed that a market manufacturer linked to web3port had poured 66 million tokens, causing backlash and forcing the suspension of the co -founder Rushi Manche. Coinbase and Binance quickly moved to restrict trading, deepening the fallout. Movement Labs says that an internal investigation and a third -party audit are underway, but that shaken investors can be difficult to rebuild.
Trump approves the bill for 1 million bitcoins buy, sparkling the market
Senator Cynthia Lummis introduced the Bitcoin Actproposing that the United States government buys 1 million bitcoins to strengthen its financial strategy. President Donald Trump launched his full support behind the bill, fueling a major excitement through crypto and political circles. If it is adopted, it would mark the greatest acquisition of crypto in history. Investors are considering potential overvoltages while Trump continues to press the Fed to reduce rates, adding even more intrigue to the market prospects.
The price of bitcoin is ready for a wave as the supply and demand increases
Bitcoin increased more than 30% recently, approaching its highest $ 109,000. Analysts predict the big things, with Ark Invest Eye of $ 2.4 million by 2030. Three key graphs explain optimism: the exchange offer is at a low at 5 years, ETF entries have increased to $ 112 billion, and the long -term Bitcoin graphic shows a strong optimistic dynamic. With the rise in demand and the tightening of the supply, many believe that the next escape from the BTC could be fast.
Cardano Whales increases 410m ADA, establishing a step for a potential rally
Cardano (ADA) flashes up bruel signals while the whales picked up 410 million tokens in April, stimulating the hopes of a major escape. Analysts highlight the strong technical configuration of ADA, with key targets at $ 1.40 and $ 3.20 – its ancient top of all time. Some even had an eye $ 9 at the next bull race. While ADA is currently negotiating nearly $ 0.70, recent gains and whale movements suggest a silent accumulation that could trigger a significant price action to come.
