šØLAST 12 HOURS CRYPTO UPDATEā May 7 2025
#Robinhood Plans
#Tokenized Securities Blockchain in Europe
š¹Robinhood is building a blockchain network to let European investors trade US tokenized assets, per Bloomberg.
š¹Partners in talks include Arbitrum and the Solana Foundation.
š¹This follows Robinhoodās Lithuania brokerage license and its 2024 acquisition of Bitstamp.
Ethereum Activates ā
#Pectra ā Upgrade
š¹The upgrade, live as of May 7, includes EIP-7702, 7251, and 7691.
š¹Smart accounts, higher staking limits (2,048 ETH), and lower L2 fees are the main features.
š¹Aimed at boosting scalability and usability.
#Democrats Target Trumpās Crypto Ventures
š¹MEME Act would bar officials and family from profiting from memecoins and digital assets.
š¹A subcommittee probe is also launched into Trumpās TRUMP token and World Liberty Financial (WLFI).
š¹Bills face an uphill battle as Republicans control both houses.
$ETH $TRUMP