#CryptoComeback Latest Crypto News: May 10, 2025
Bitcoin Hits $BTC 103K: Bitcoin surged 4.63% to $103,818, crossing $100K for the first time since February, fueled by U.S.-U.K. trade deal optimism. Ethereum (+23.14%), Solana (+10%), and Dogecoin (+12%) also rallied.
Bybit Hack Funds Seized: German authorities seized €34M in crypto from eXch, a platform allegedly laundering funds from Bybit’s$ $1.4B February hack.
SEC Drops Ripple Case: The SEC and Ripple agreed to dissolve an August 2024 injunction, returning $75M of $125M in penalties to Ripple, signaling a pro-crypto shift.
Coinbase Acquires Deribit: Coinbase’s acquisition of Deribit aims to create a global platform for spot, futures, and options trading, boosting its international reach.
Senate Crypto Bill Stalls: Democrats blocked a stablecoin regulation bill over concerns about Trump’s crypto ventures, including World Liberty Financial’s $2B deal.
$XRP Dips to $2.08: XRP fell 7% in five days, hitting a two-week low due to bearish trends and declining network activity, despite long-term optimism.
Celsius Founder Sentenced: Alex Mashinsky, ex-CEO of Celsius Network, received 12 years in prison for fraud, labeled a “predator” by prosecutors.
Disclaimer: Crypto markets are volatile. Always conduct your own research.
For more, check Cointelegraph or Reuters.$BNB #CryptoComeback #BTCBackto100K #BNB_Market_Update #bnb