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Bitcoin, Binance, Ethereum, Solana, Ripple: the biggest cryptocurrency news of the past week


12h05 ▪
6
1 minute read ▪ By
Luke Jose A.

Amid revolutionary announcements, technological developments, and regulatory turmoil, the cryptocurrency ecosystem continues to prove to be a zone of boundless innovation and a battleground for regulatory and economic conflicts. Here’s a summary of the most notable news from the past week about Bitcoin, Ethereum, Binance, Solana, and Ripple.

Bitcoin overthrows gold: a historic first with ETFs

In December 2024, Bitcoin ETFs surpassed gold ETFs in assets under management in the US, marking a turning point in investment history. While gold ETFs have been around for over 20 years, Bitcoin ETFs, which only launched in January 2024, have seen a dizzying rise. The increase is due to regulatory approval, enthusiasm from financial giants like BlackRock and Fidelity, and Bitcoin’s appeal as “digital gold” with a supply limited to 21 million coins. This success reflects a generational shift: younger investors prefer modern digital assets over traditional options. With growing institutional demand and stable investment flows, Bitcoin ETFs appear well positioned to continue to dominate and redefine investor preferences on a global scale.

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The Fed cuts interest rates and changes the cryptocurrency market

Last Wednesday, the US Federal Reserve cut its benchmark interest rate by 25 basis points, causing a noticeable decline in the cryptocurrency market. Although this decision was widely expected, the upward revision of inflation expectations for 2025 to 2.5% (up from 2.1% previously) surprised many investors. This has led to a wave of massive liquidations and increased volatility in major cryptocurrencies, including Bitcoin and Ethereum. Since then, the market has been in the red and struggling to recover. This situation illustrates the complex interplay between the Federal Reserve’s monetary policy and the dynamics of cryptocurrencies, highlighting their dependence on economic decisions and their fundamental volatility.

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Binance has been accused of plagiarism over the memecoin PNUT

Mark Longo, owner of the “Peanut the Squirrel” trademark, accuses Binance of using his image and name without permission to promote the memecoin PNUT. A cease and desist letter was sent, stating that such use violates copyright and could result in penalties of up to $150,000 per violation. Longo explains that the mascot, which was initially used for educational and charitable purposes, was misappropriated, creating confusion among investors. As PNUT reaches a market capitalization of $2.25 billion, this case raises fundamental questions about intellectual property in the memecoin sector. Binance, which has yet to officially respond, faces legal repercussions and potential reputational damage if it continues with this disputed use. This case could set an important precedent for the regulation of memecoins and creator rights.

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BTC enters the European debate

Bitcoin is entering the European political arena with force. Sarah Knafo, a member of the European Parliament, called for emulating the United States by adopting a strategic approach to bitcoin, which some have referred to as “digital gold.” It criticizes the European Union for its costly economic choices and restrictive financial policies towards cryptocurrency holders. Knafo urges European countries to build strategic Bitcoin reserves and develop initiatives around the cryptocurrency industry. Meanwhile, Germany, which recently liquidated 50,000 bitcoins at an average price of $54,000, is under scrutiny for its controversial management of its digital assets. However, some voices remind us that Bitcoin, although promising, is not a miracle solution to current economic and energy challenges.

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Trump’s cryptocurrency project is betting on Ethereum

World Liberty Financial (WLFI), backed by Trump family members, has invested $2.5 million in Ethereum through the Cow Protocol. This strategic choice is part of a larger plan to strengthen the pillars of the cryptocurrency industry, with recent investments totaling $45 million in assets such as Chainlink, Aave, and Wrapped Bitcoin. WLFI relies on strong collaborations, including the integration of a stablecoin (USDe from Ethena Labs) to boost liquidity and partnerships with influencers like Justin Sun, who has pumped $30 million into the project. With a goal of raising $300 million, WLFI has already reached $72 million thanks to a methodical strategy and collaborative vision focused on stability in a sector often seen as volatile.

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Here are the basics to remember for this week. But if you want a more detailed summary and in-depth analysis straight to your inbox, feel free to do so Subscribe to our weekly newsletter.

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Luke Jose A.

Diploma in Political Science in Toulouse and holds the title of Blockchain Certification Consultant delivered by Alyra, where I rejoined the Cointribune adventure in 2019. Own the potential of blockchain to transform many sectors of the economy, and I have pushed it to engage the sensitive and inform the large public as this ecosystem in Continuous development. My goal is to allow someone better to understand blockchain and take advantage of the opportunities available. Every day I do my best to provide an objective analysis of reality, decode market trends, convey the latest technological innovations, and move forward from the perspective of the economic and societal games of this market revolution.

Disclaimer

The views, thoughts and opinions expressed in this article are solely those of the author and should not be considered investment advice. Do your own research before making any investment decisions.



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