Weekly Crypto Round-up for May 10 - May 16, 2025
An overview of the week's events, updates and movements in the crypto space to stay up-to-date on the most important stories and market-shaping events.
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5min
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May 15, 2025
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A comprehensive overview of the week's events, updates and movements in the crypto space to stay up-to-date on the most important crypto stories and market-shaping events.
1. KEY TAKEAWAYS
- JPMorgan executes first settlement on public blockchain
- Coinbase to join the Standard and Poor’s 500 (S&P 500)
- Uniswap Labs becomes the first decentralized exchange to surpass $3T in total all-time trading volume
- VanEck launches the VanEck Treasury Fund Ltd. (VBILL)
- Ripple advances EU CBDC efforts with Bank of France trial
- Ethereum Foundation launches $1 trillion security initiative
2. CONTENT
⛓️ JPMorgan Chase has taken a significant step by moving funds from its private blockchain to a public blockchain for the settlement for the purchase of the tokenized U.S. treasuries. The move represents a strategic shift in how traditional financial institutions approach blockchain technology, enhancing transparency and interoperability.
The transaction involved Chainlink's decentralized oracle network and Ondo Finance's DeFi infrastructure, collaborating to facilitate the settlement on public blockchain, underscoring potential shifts in financial operations. The transaction reflects major implications for the blockchain industry, showcasing the utility of public networks in traditional finance. Analysts believe this event could encourage mainstream financial institutions to accelerate their blockchain adoption strategies.
📊 Coinbase Global Inc., the largest US cryptocurrency exchange, will be added to the S&P 500 Index, replacing Discover Financial Services in the index prior to the start of trading on May 19. The move marks a major milestone for a sector that was once restricted to the fringes of the financial world.
🌐 Uniswap, the leading decentralized exchange (DEX), has achieved a historic milestone by becoming the first DEX to surpass $3 trillion in all-time trading volume. This groundbreaking achievement underscores Uniswap's dominance in the decentralized finance (DeFi) sector and highlights the growing adoption of DEXs over centralized exchanges.
The $3 trillion volume figure reflects cumulative trades across Uniswap’s various versions and supported blockchain networks, including Ethereum, Polygon, and others, since its launch in 2018. Uniswap’s native token, UNI, also saw a notable price surge of 8.2% within 24 hours of the announcement, reaching $7.85 on May 13, 2025.
💸 Exchange-traded fund (ETF) issuer VanEck has inked a strategic partnership with Securitize, a leader in Real-World Asset (RWA) tokenization. The linkup is tied to the BNB Chain, which sparked speculations over a potential rally in BNB price ahead.
The new fund, VanEck Treasury Fund Ltd. (VBILL), will be available on BNB Chain, Avalanche, Ethereum, and Solana before moving to other blockchains in the future. This move has fueled discussions over its potential impact on AVAX, ETH, SOL, and BNB prices.
🇫🇷 The Bank of France is actively testing Ripple’s private blockchain technology as part of efforts to develop a central bank digital currency (CBDC) for the euro, according to a study by Ulster University. The trial, highlighted by crypto analyst WrathofKahneman on social media, marks Ripple’s first confirmed involvement in a national CBDC initiative within France.
France’s role as a European Union member adds weight to the trial. A successful test could influence broader EU discussions about CBDC frameworks, potentially positioning Ripple as a partner for cross-border digital currency systems.
Ripple’s readiness to deploy its ledger contrasts with competitors still developing similar platforms, giving it an operational advantage in CBDC adoption.
💲 The Ethereum Foundation announced the trillion-dollar security initiative, aiming to secure the entire ecosystem in the case of wider adoption. The potential value of Ethereum reflects an average holding of $1,000, collectively amounting to trillions of dollars.
The Ethereum ecosystem is one of the most heavily affected by hackers. Logic flaws in smart contracts, bridges, DEX trading attacks, and personal wallet attacks are among the most common exploits. The ecosystem also allows for hiding the funds, with the Tornado Cash mixer and other DeFi services allowing the hackers to disguise the origin of funds. The Ethereum Foundation aims to mitigate those risks, so even large organizations would be willing to place over $1T in a smart contract.
3. MARKET MOVES
📈 In the last 24 hours, Bitcoin's price moved +1% to $103.25k and trading volume moved +14.16% to $51.33b.
The crypto market remains as dynamic as ever, with new opportunities coming up every day. Whether you’re a seasoned trader, an investor or a beginner, stay informed with the latest trends and insights in crypto.
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The information does not constitute financial advice or recommendation and should not be considered as such. All content, including opinions and analyses, is intended for educational purposes only. It should not be considered as solicitation or recommendation for any investment decisions. We encourage you to conduct your own research prior to investing.