Based on Coinpedia, the cryptocurrency industry witnessed significant developments this week. Bitcoin's market capitalization surpassed Google's, reaching $570 billion, making it the 5th most valuable asset globally. Ethereum's Pectra upgrade is scheduled for May 7, 2025, promising improvements in validator efficiency and security. Meanwhile, the US Federal Reserve rolled back guidelines, allowing banks to engage in crypto activities without prior approval, reflecting a more crypto-friendly stance. Additionally, CME Group plans to launch XRP futures contracts on May 19, 2025, offering traders more flexibility. These events highlight the growing institutional interest and regulatory shifts in the crypto space.
Bitcoin Surpasses Google in Market Cap; Ethereum's Pectra Upgrade Set for May 7
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