Amid revolutionary announcements, technological evolutions, and regulatory turbulences, the crypto ecosystem continues to prove that it is both a territory of limitless innovations and a battleground for regulatory and economic conflicts.

Here is a summary of the most significant news from the past week concerning Bitcoin, Ethereum, Binance, Solana, and Ripple.

The crypto ecosystem continues to be a territory of both boundless innovations and regulatory and economic conflicts. Amid revolutionary announcements, technological evolutions, and legal turbulences, the major news from the past week concerning Bitcoin, Ethereum, Binance, Solana, and Ripple is summarized below.

Bitcoin faces unprecedented liquidity crisis according to Glassnode

The Bitcoin market is experiencing a liquidity crisis as less capital flows in and institutional investors are disengaging. On-chain transactions have decreased by 54% since late February, while futures open interest has fallen by 35%. As highlighted by Glassnode, a widening gap exists between short-term investors, who are down 7 billion dollars, and long-term holders who remain despite volatility.

Coinbase becomes the largest Ethereum node operator

Coinbase has emerged as the leading operator of Ethereum nodes, controlling 11.42% of staked ETH, which translates to nearly 6.8 billion dollars. With over 120,000 active validators and a participation rate of 99.75%, the platform dominates staking. While this situation ensures stability and reliability, it also raises questions about the decentralization of Ethereum, a key pillar of its initial philosophy.

U.S. justice lifts sanctions against crypto mixer Tornado Cash

The U.S. justice system has decided to lift the sanctions against Tornado Cash after concluding that its smart contracts could not be considered legal entities. Accused of facilitating the laundering of over 7 billion dollars, particularly by the Lazarus group, the crypto mixer had been banned in 2022. This decision marks a turning point in recognizing decentralization despite regulatory attempts.

Michael Saylor predicts the end of the euro without Bitcoin

Economist Michael Saylor claims that Europe risks losing its monetary sovereignty if it does not integrate Bitcoin. According to him, the massive adoption of cryptos in the United States and the dominance of dollar-backed stablecoins threaten the euro, especially with American tech giants already controlling digital payments. The ECB is relying on the digital euro to counter this trend, but Saylor believes that only Bitcoin can save Europe.

Ripple wins decisive victory against the SEC

The SEC has officially dropped its lawsuit against Ripple, marking the end of four years of legal battles. This outcome confirms that XRP is not a financial security, according to the Howey test, and thus opens the door for potential approval of an XRP ETF. Following this announcement, the price of XRP surged by 12%, reaching $2.4.

Binance deploys Pascal to accelerate the BNB Chain

Binance has launched the Pascal update on the BNB Chain, aiming to reduce transaction fees and improve speed. This evolution allows dApps to benefit from better flexibility, and enhances compatibility with the Ethereum ecosystem. The goal is to make the BNB Chain a high-performance network capable of rivaling other blockchains in terms of speed and costs.

Bitcoin, Dogecoin… The SEC clarifies the legality of PoW mining

The SEC has stated that Proof-of-Work (PoW) mining is not considered a securities offering. As long as miners receive rewards automatically without depending on the efforts of others, they are not subject to the Securities Act of 1933. This clarification brings relief to the industry, particularly for Bitcoin and Dogecoin miners, although the SEC remains vigilant about other aspects of the crypto sector.