Weekly Report (19 – 25 May 25) | What Happened This Week In Crypto
This report will provide some essential and quick news about the cryptocurrencies happening worldwide.
1) Ethereum Gains Investor Interest After Pectra Upgrade as Crypto Market Inflows Continue
Recent financial movements in the cryptocurrency sector underscore a standout performance by Ethereum, which recently attracted a dramatic surge in weekly investment. This represents a substantial leap from the $1.5 million recorded in the prior period, signaling robust investor confidence…[Read More]
2) SEC Extends Deliberation Period for Spot Dogecoin and XRP ETF Proposals
The U.S. Securities and Exchange Commission (SEC) has deferred its decision concerning the approval for trading of spot exchange-traded funds (ETFs) designed to offer investors exposure to altcoins Dogecoin (DOGE) and the Ripple-affiliated XRP…[Read More]
3) Brave Is the First Major Browser to Launch a Onchain Domain
These “.brave” domains are conceived as non-fungible tokens (NFTs) created on the Polygon blockchain, a design choice that confers genuine ownership and control to the user, eliminating the need for periodic renewal fees…[Read More]
4) Regulatory Scrutiny Continues as SEC Extends Review Period for Spot Solana ETF Applications
The U.S. Securities and Exchange Commission (SEC) announced on Monday a postponement in its timeline for rendering decisions on several proposed exchange-traded funds (ETFs) designed to track the price of Solana. This extension affects applications submitted by prominent firms, including 21Shares, Bitwise, VanEck, and Canary Capital…[Read More]
5) Bitcoin Achieves Unprecedented Valuation, Surpassing $110,000 Milestone
Bitcoin has registered a historic price level, exceeding $110,000 for the first time in its operational history, propelled by a notable 3% appreciation within the preceding 24-hour trading period. This recent surge saw the leading cryptocurrency establish a new benchmark, surpassing previous price peaks observed earlier in the year…[Read More]