Crypto Recap: ETFs Outpace Mining, New Hampshire Invests, Robinhood Tokenizes, Coinbase Goes 24/7
Welcome to our exciting weekly recap in the dynamic world of cryptocurrencies! On Monday, May 5th, 2025, at 9:00:05 AM EST (3:00:05 PM CET), we will analyze the prices of the top 10 cryptocurrencies according to Coin Market Cap and anticipate how the market could evolve throughout the week. On Friday, May 9 th, 2025, at 6:00:02 PM EST (12:00:02 PM CET), we will compare these prices with the closing values to identify market trends and fluctuations.
| CRYPTO | INITIAL | % CHANGE | FINAL |
|---|---|---|---|
| BTC | $94,335.59 | 9.47% | $103,267.76 |
| ETH | $1,807.70 | 29.40% | $2,339.08 |
| XRP | $2.15 | 9.21% | $2.35 |
| BNB | $596.76 | 6.54% | $635.81 |
| SOL | $144.77 | 18.74% | $171.90 |
| DOGE | $0.17 | 19.23% | $0.20 |
| ADA | $0.67 | 18.06% | $0.79 |
| TON | $2.98 | 10.14% | $3.28 |
| AVAX | $19.52 | 19.06% | $23.24 |
U.S. Bitcoin ETFs buy 6x more BTC than mined last week
U.S. Bitcoin ETFs acquired 18,644 BTC last week, while only 3,150 were mined, according to HODL15Capital. This signals strong institutional demand, with $1.8 billion in inflows over five days, led by BlackRock’s IBIT fund.
New Hampshire Becomes First State to Approve Crypto Reserve Law
New Hampshire made history by becoming the first U.S. state to authorize government investments in cryptocurrencies like Bitcoin. Governor Kelly Ayotte signed the bill on May 6, allowing the state treasury to invest in digital assets with a market cap over $500B. While other states backpedal, New Hampshire pushes forward on crypto adoption.
New US Crypto Bill Boosts Adoption Prospects
A new U.S. bill aims to regulate crypto fairly, lifting investor restrictions and pushing for decentralization. Seen as a major step toward mainstream adoption, it’s fueling bullish sentiment. Meanwhile, Michael Saylor urges Microsoft to buy Bitcoin over its own stock.
Robinhood to Tokenize U.S. Stocks for European Investors
Robinhood is building a blockchain platform to let European users trade tokenized U.S. stocks and ETFs — a bold move that could reshape both traditional finance and crypto. With over 8,000 securities in reach and its recent Bitstamp acquisition, Robinhood is gearing up to compete with legacy giants in the tokenization race.
Coinbase Launches 24/7 Crypto Futures Trading in the US
Coinbase Derivatives has become the first CFTC-regulated exchange to offer 24/7 Bitcoin and Ethereum futures trading, bridging the gap between U.S. markets and the global crypto ecosystem. The move follows Coinbase’s $2.9B acquisition of Deribit, signaling a major expansion into regulated crypto derivatives
Sources
https://cointelegraph.com/news/industry-calls-urgent-crypto-law-reforms-after-australian-election
https://cointelegraph.com/news/new-hampshire-bitcoin-reserve-law
https://bitcoinist.com/best-crypto-to-buy-as-new-us-crypto-bill-opens-the-floodgates-for-investors/
https://cryptobriefing.com/24-7-crypto-futures-trading-coinbase/
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