The Cryptocurrency market continued to recover last week, as the total market capitalization was the first to violate $ 3 trillion since early March.
Bitcoin (BTC) has strengthened its predictions on the rally, which is led by the “structural” institutional and exchange trading fund (ETF) before the tariff on the day of “liberation” in the United States for more than $ 97,300 for the last two months at the end of February.
China’s state -run news media continued to increase risk among encryption investors, pointing out that the Trump administration was quietly contacted Beijing and discussed tariff reduction.
In a larger encryption space, Ethereum developers have proposed a new token standard to improve the interoperability of the world’s second largest blockchain network.
By 2029, the fuel is fueled by Bitcoin ETF and GOV’T
According to André Dragosch, the head of European research at Bitwise, Bitcoin’s institutional adoption expansion can surpass GOLD’s market cap by 2029 and provide the “structural” inflow necessary for exceeding $ 20 million.
“In -house predictions will be $ 1 million by 2029. So Bitcoin will match GOLD’s market cap and total address market by 2029.”
GOLD is now the world’s largest asset and is worth more than $ 21.7 trillion. In contrast, Bitcoin’s market cap is $ 1 trillion and has become the seventh largest asset in the world.
During the market cycle in 2025, Bitcoin could exceed $ 200,000 in the “Basic Case” to more than $ 500,000 with more government adoption, Dragosch said.
Keep reading
Eric Trump: USD1 is used to invest 2 billion MGX for Binance.
MGX, an investment company based on Abu Dhabi, will solve $ 2 billion in investment in Binance, the world’s largest cryptocurrency exchange, using stability connected to the US president of Donald Trump.
World Liberty Financial USD (USD1) The US dollar Stablecoin was launched in March 2025 by the Trump -related encryption platform world Liberty Financial (WLFI).
MGX will invest $ 2 billion in Binance Exchange for $ 2 billion in Binance Exchange, according to Eric Trump’s announcement in the panel discussion in Dubai’s Token2049. Trump’s son Trump is a vice president of Trump’s organization.
MGX announced its investment in Binance on March 12, showing one of the first institutional investments in exchange and the largest financing contract in the entire Web3 industry.
At that time, Binance refused to request the Stablecoin used in Coatelewraph’s transaction.
This indicates that the first venture of an investment company based on Abu Dabi is headed to the cryptocurrency space.
Keep reading
Ether Leeum to simplify cross chain transactions with a new token standard
Ether Rig developers are trying to improve blockchain interoperability with two new tokens standards: ERC-7930 and ERC-7828.
Defi (Decentralized Finance) Ecosystem Development Organization Wonderland said in the X POST on May 1, “There is no standard method for interpreting or displaying this information this information, with a wallet, a distributed application (DApps), a block explorer and a smart contract.
“The result? It’s a messy and inconsistent experience that breaks Crosschain UX,” Wonderland said.
Wonderland is a group of developers, researchers and data scientists who focus on improving Ethereum Defi ecosystem. The organization has partnered with several Defi protocols, including optimism, AZTEC, Connext and MEGNN.
In the post, the organization recently shared the contents discussed on the Ethereum Foundation Interoperability Working Group phone. Wonderland’s TEDDY explained that the current goal is to finish the two token standards in the next two weeks. He added:
“We need feedback for the Eth-Magicians Forum.”
Keep reading
Crypto hackers hit Defi for $ 92 million in April, as the attacks in March doubled in April.
Cryptocurrency hackers have been hit by the industry’s mainstream reputation despite the continuous efforts to steal more than $ 90 million in April to improve cyber security.
According to a April 30 report by the Blockchain Cybersecurity Firm Immunefi, hackers started with $ 150,000 digital assets on April 30.
The gun was 124% higher than March when hackers stole $ 41 million.
The largest hacking for the open source platform UPCX has been damaged in April, with more than $ 70 million losses, and KiloEX has lost $ 7.5 million in April.
KiloEX Exploit returned a stolen fund a few days after the attack.
All reported attacks in April are for the Defi (Defi) platform. The centralized exchange reported that there was no incident for a month.
IMMUNEFI has paid more than $ 116 million to a white hat hacker, saying that it helps to protect $ 190 billion of user funds.
Keep reading
The encryption group asks Trump to end the prosecution of the encryption developer and the Roman storm.
The Crypto Robbie Group, a Defi education Fund, petitioned the Trump administration to claim that it was “illegal prosecution” by an open source software developer, including Roman Storm, a producer of encryption mixing service tone cash.
In a letter to the White House Crypto Czar Czar David Sacks on April 28, the group urged President Donald Trump to take immediate measures to criminalize open software development of illegal campaigns in the Biden era.
In August 2023, the letter mentioned the prosecution of the storm accused of helping more than $ 1 billion in tornado cash. His trial is still set in July, and he believes that his fellow co -founder Roman Semenov is generally in Russia.
Defi Education Fund said that in the case of Storm, the Ministry of Justice said that the software developer should be criminally responsible for the way others use their code. “In principle, not only is ridiculous, but also sets a precedent to potentially cool down all the encryption development of the United States,” he said.
The group also demanded that the prosecution would contradict the Trump’s financial crime execution network (Fincen) guidelines, which established that the developer of his early peer -to -peer protocol was not a money transmitter.
“This kind of legal environment does not cool innovation, but stops,” they insisted. The letter also added, “We grant politically motivated enforcement authority and fall in danger of all open source developers regardless of the industry.”
In January, the Texas Federal Court ruled that the Treasury exaggerated the authority by sanctioning tornado cash.
Keep reading
Defi Market Overview
According to data from Cointelegraph Markets Pro and TradingView, most of the 100 largest cryptocurrencies by market cap ended green.
Virtuals Protocol (Virtual) tokens rose more than 103% by more than 103% this week, up more than 29% last week, and more than 29%.
Thank you for reading the summary of the most influential Defi development this week. Next Friday, get more stories, insights and education about this dynamic development with us.