Hello! Some news and latest developments from the coin world:
General Market Status:
* Cryptocurrency markets are generally going through an active period. Bitcoin is trading at $93,000. Significant increases and decreases are also observed in some altcoins.
* Bitcoin, the largest cryptocurrency by market value, has shown a slight decrease in the last 24 hours, but has increased by around 10% on a weekly basis.
* Ethereum, which has similarly lost value in the last 24 hours, has a positive weekly performance of over 10%.
Significant Developments:
** Russia Launches State-Backed Exchange for Crypto Trading: The Russian Central Bank and the Ministry of Finance have announced plans to establish a state-backed cryptocurrency exchange that will be accessible only to those with "qualified investors" status.
* Trump's Meme Coin on the Rise: The meme cryptocurrency associated with US President Donald Trump experienced a significant increase in value following a black-tie dinner invitation for its high-level owners.
* Pectra Era Approaching on Ethereum: Ethereum's highly anticipated "Pectra" update is expected to be integrated into the main network on May 7, 2025. This update will bring various innovations for users.
** Trump Family Enters Bitcoin Mining: The Trump family is reportedly entering deeper into Bitcoin mining and the world of digital assets with a strategic investment.
** Calls for the Swiss Central Bank to Buy Bitcoin Increase: Cryptocurrency advocates are calling on the Swiss Central Bank to buy Bitcoin amid global economic uncertainty triggered by US President Trump's tariffs.
* New Bitcoin Initiative from Tether, SoftBank and Jack Mallers: It was announced that Tether, SoftBank Group and Jack Mallers have partnered with Cantor Equity Partners to establish a new Bitcoin-focused company.
