Weekly Report (05 – 11 May 25) | What Happened This Week In Crypto
By: bitcoinleef|2025/05/12 01:45:05
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This report will provide some essential and quick news about the cryptocurrencies happening worldwide.1) Ethereum Doubles to $2,400 After Pectra UpgradeEthereum’s price surged over 20% on Friday morning, exceeding $2,400, driven by the successful implementation of the “ambitious” Pectra network upgrade and positive sentiment from easing global trade tensions...[Read More]2) SEC Action Concludes With $75M Recovery for RippleRipple Labs and the SEC are nearing a final resolution to their long-standing legal battle, jointly seeking court approval for a modified $50 million settlement (down from $125 million), which would see $75 million returned to Ripple and the current injunction dissolved...[Read More]3) Unichain Eclipses Ethereum in Uniswap V4 Transaction ActivityData from a Dune Analytics dashboard curated by Entropy Advisors reveals Unichain’s ascent to the leading position for Uniswap v4, commanding approximately 75% of the market share at the current time. In contrast, Ethereum’s proportion has fallen below 20%. This transition notably gained momentum around mid-April 2025, propelled by Unichain’s expansion and targeted strategic initiatives...[Read More]4) Trump Fraudulently Pushed XRP for Crypto ReserveA social media announcement in March, outlining President Trump’s intentions to establish a strategic national cryptocurrency reserve, is now reported to have originated from an individual employed by a lobbying firm associated with Ripple Labs...[Read More]5) The Ethereum Pectra Update Improves Wallet Functionality SignificantlyA pivotal development for the Ethereum blockchain, the Pectra upgrade, has been successfully implemented on its mainnet, heralding substantial changes. The activation of this upgrade was recorded at epoch 364032 on May 7, approximately at 10:05 UTC...[Read More]The post Weekly Report (05 – 11 May 25) | What Happened This Week In Crypto first appeared on Bitcoinleef.
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