The cryptocurrency market continued to increase last week as the general capitalization of the digital asset market exceeded $ 3.27 billion, an increase of 8.6% compared to the previous week.
Bitcoin (BTC) reached a maximum of $ 103,600 on May 8 after recovering $ 100,000 for the first time since January. Its market domain also increased above 60%, which reflects more feeling of btc bullish. This marked the third time that BTC has crossed six figures since it reached the milestone on December 5, 2024, and again on January 20, before the inauguration of the president of the United States, Donald Trump.
The BTC increase coincided with Trump announcing a commercial agreement with the United Kingdom, which may include the elimination of 10% of the general rate of all imports.
In the largest cryptographic space, Ethereum’s sicking update implemented very necessary improvements for the cryptographic ecosystem. The update was followed by a 26% price increase for ETIHE (ETH), which increased from $ 1,800 on May 7 to more than $ 2,300 on May 9.
Bitcoin Defi VE ABOUT THE MINING PARTICIPATION Despite the fall in TVL
The report of the “MESSARI Porturetto State” by 2025 showed that the miner participation increased to a historical maximum of 81% in the first quarter of 2025, compared to 56.4% in the previous quarter. The increase was attributed to the incorporation of the main Spiderpool and Foundry mining pools.
The influx of the mining support increased the power of the Hash of PortaItock above 740 exhahas per second. This exceeded the Bitcoin Total Network hashrate registered in October 2024, marking a more mature phase for the platform fused mining growth.
The increase in fused mining participation occurred when the Porta Instock ecosystem faced winds against. In the first quarter of 2025, the total value of Blocked Instock (TVL) decreased. Its Bitcoin TVL fell 7.2%, while the TVL called in dollars fell by approximately 20% quarter to fourth.
This reflected a broader downward trend throughout the Defi sector, with Defi TVL based on Ethereum that shows a 27% decrease in the same period.
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Hacking CEO sees “no glute” in Crypto’s security, since April’s hacks reached $ 357 million
Crypto Hacks in April saw almost $ 360 million in stolen assets in 18 incidents. This represented an increase of almost 1,000% over the lost amount in March.
The greatest loss came from an unauthorized Bitcoin transfer. On April 28, blockchain researcher Zachxbt reported a suspicious transaction of Bitcoin worth $ 330 million. He later confirmed that it was a social engineering attack that attacked an American old man.
In a cointelegraph interview at the Token2049 event, the Dyma Budorin piracy CEO told Cointelegraph that the industry continues to depend on limited security measures even after the $ 1.4 billion hack bybit incident. Budorin said the space implements limited measures in the deployment of integral strategies.
“Most of the projects think” well, we did panties. That is enough. Maybe Bugy Bounty. That is enough. “It’s not enough,” Budorin told Cointelegraph.
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Decentralized applications of AI come for the web3: dappradar throne
While the games and the hero defi in the first place in the decentralized applications ecosystem (DAPPS), artificial intelligence is slowly setting up.
The Doppradar Blockchain analysis platform showed that the games and they saw the 21% DAPP domain in April. However, AI DAPPS rose to 16%, above 11% registered in the February data of the platform.
“As the user’s interest in artificial intelligence tools grows in all industries, DAPP with AI food are constantly forging their place in the decentralized ecosystem,” Dapradar analyst Sara Ghaghelas said.
Ghaghelas added that if the trend continues, the AI could challenge the domain of Defi and the games, which indicates a “new era” in the DAPP panorama.
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Loans backed by Bitcoin “Obvio” Next CEO of Step-Xapo Bank
Bitcoin headlines are increasingly sure to use their BTC to borrow funds. In an interview token2049, Xapo Bank’s CEO, Seamus Rocca, told Cointelegraph that investors’ moods have changed short -term speculation to a longer -term perspective of Bitcoin.
Rocca said trust comes from the broader institutional adoption and Bitcoin prices that are not “close” for liquidation.
Rocca said loans supported by Bitcoin allow holders to remain exposed to the asset when they face unexpected expenses. The executive said that the intelligent is not to sell the asset when the price increases.
However, when life stands along the way, Rocca said investors can avoid liquidating their bitcoin taking against the asset and paying interest. In this way, they can hold on to the assets despite needing liquuidity for their expenses.
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General description of the defi market
According to the data of Co -Intelegraph Markets Pro and TrainingView, most of the 100 largest cryptocurrencies for market capitalization ended the week at Green.
The Memecoin Pepe (Pepe) increased by more than 53% as the largest winner of the week, followed by the Pudgy Penguins (PENGU) card, which increased 47% last week. Ethher (ETH) was the third largest winner, showing an increase or 35%.
Thank you for reading our summary of the most shocking developments this week. Unique us next Friday to get more stories, ideas and education about this dynamic progress space.
