Weekly Report (28 April – 04 May 25) | What Happened This Week In Crypto
This report will provide some essential and quick news about the cryptocurrencies happening worldwide.
1) Vitalik Buterin Plans For Ethereum’s bitcoin Transition
Ethereum co-creator …
SEC Dismisses Ripple Complaint After 4 Years Clearer Crypto Rules
Summary
SEC Ends Ripple Lawsuit: The U.S. Securities and Exchange Commission has concluded its nearly four-year legal case against Ripple Labs, a move Ripple's legal chief attributes…
Vitalik Buterin Plans For Ethereum’s bitcoin Transition
Summary
Ethereum Overhaul Proposed: Co-founder Vitalik Buterin is advocating for a significant simplification of Ethereum's core architecture, inspired by Bitcoin's minimalism, to…
CZ of Binance Claims Gold Is ‘Not a Limited Supply Asset’ Thus It Can’t Defeat Bitcoin
Summary
CZ Challenges Gold's Finite Nature: Binance founder Changpeng Zhao argued that gold isn't truly limited in supply, unlike Bitcoin's fixed cap, suggesting this makes Bitcoin a…
Bitcoin’s $100K Push Risks $3 Billion And Short Positions
Summary
Major Short Liquidation Risk: A Bitcoin price increase of just over 3% to reach $100,000 could trigger approximately $3.36 billion in short position liquidations, potentially…
Vitalik Buterin Outlines Five-Year Plan to Simplify Ethereum’s Base Layer
Summary
Buterin Proposes 5-Year Simplification Plan: Ethereum co-founder Vitalik Buterin outlined a vision to significantly simplify Ethereum's base layer protocol over the next five…
Large XRP Holders Accumulated 900 Million Tokens Over Past Month Despite Headwinds
Summary
Significant Whale Accumulation: Large XRP holders (accounts with >10M XRP) reportedly purchased approximately 900 million tokens over the past month, according to analysis…
Trading Company Calls ETH ‘Like a Memecoin’ as It Declines 45% YTD
Summary
Two Prime Drops ETH for BTC: US investment advisor Two Prime ceased support for Ether (ETH), shifting to a Bitcoin-only strategy for lending and asset management, citing…
Independent Developers Announce Ethereum R1 a Tokenless Layer-2 Solution
Summary
New L2 Introduced: Independent developers have announced Ethereum R1, a Layer-2 scaling solution for Ethereum distinct from the Ethereum Foundation's work.
Tokenless…
Two Prime Leaves Ethereum for Bitcoin Due to ‘Meme Coin’ Behavior
Summary
Two Prime Exits Ethereum: Algorithmic trading firm Two Prime has announced it is eliminating all exposure to Ethereum (ETH), shifting its focus entirely to Bitcoin (BTC) for…