Bitcoin buyers feel the pain of BTC price fluctuations, with loss-making transactions seeing recent hodlers’ realized cap dive by $100 million since February.
The outages were significant enough to make headlines and draw attention from the tech community and the media. Elon Musk, ever the outspoken owner, quickly attributed the disruptions to a “massive cyberattack.”
The UK’s Crown Prosecution Service has authorized charges against National Crime Agency officer Paul Chowles related to an alleged bitcoin theft in 2017.
RedotPay raises $40M in a Series A funding round led by Lightspeed
🔥 Top Blockchain & Crypto News of the Week
🚀 From market crashes to institutional power moves, here are the top headlines shaping the crypto world right now.
1️⃣ BBVA to Offer Bitcoin & Ethereum Trading in Spain
Spanish banking giant BBVA (€110B AUM) has announced plans to provide Bitcoin and Ethereum trading and custody services. This move marks a significant step toward mainstream adoption of crypto in Europe.
2️⃣ Coinbase Registers in India Following Trump-Modi Meeting
Coinbase has officially entered the Indian market just one month after a high-profile meeting between former U.S. President Donald Trump and Indian Prime Minister Narendra Modi. This strategic move could unlock a massive user base in one of the world’s fastest-growing crypto markets.
Solana’s network revenue has plunged from a January peak of $55M per week to just $4M—a 93% decline. Meanwhile, Solana’s DeFi ecosystem has also shrunk significantly, with TVL dropping from $12B to $6.4B.
4️⃣ Tether CEO: “We Went Through Hell” Amid Regulatory Scrutiny
Tether CEO Paolo Ardoino revealed the company has faced intense regulatory pressure but continues to operate. Notably, Tether holds nearly $100B in U.S. Treasury bonds, ranking among the top 20 holders globally.
5️⃣ Stablecoin Market Surpasses Ethereum in Market Cap
The total market capitalization of stablecoins has reached an all-time high of $235.7B, overtaking Ethereum. With institutions like PayPal, Visa, and BlackRock entering the space, the competition among stablecoin providers is intensifying.
