Bitcoin just broke $100K — and that’s not the only big news this week. From bullish momentum fueled by global trade deals to Ripple’s stablecoin greenlight and a wave of crypto-friendly legislation across the U.S., the market is buzzing.
Here’s a look at last week’s top headlines, key price moves, and what to watch next.
Last week’s highlights
May 5 – May 11, 2025
Bitcoin finally crosses $100K
BTC hit six figures for the first time since January, driven by renewed optimism over the U.S.-China trade talks and a fresh U.S.-U.K. agreement. Traders celebrated, but there’s caution in the air — some think we could be looking at a local top. Still, momentum’s on BTC’s side.
Ethereum gains ground, again
ETH isn’t moving as dramatically as Bitcoin, but it’s not slacking either. It climbed back up to around $2,487, gaining over 7% for the week. There’s steady buying from institutions, and upcoming tech upgrades are keeping long-term sentiment bullish.
SEC ramps up pressure
The U.S. Securities and Exchange Commission (SEC) isn't slowing down. Reports say they're looking to tighten enforcement on DeFi projects and reclassify more tokens as securities. No new lawsuits this week — but the message is clear: they’re still watching.
Solana bounces after recent dip
SOL regained some ground after last week’s correction, now hovering just under $140. Some analysts say the network’s DeFi activity and meme coin traffic built on Solana are helping prop it up.
Celsius founder sentenced
Alex Mashinsky, the founder of the crypto lending platform Celsius, was sentenced to 12 years in prison by a New York federal court. He was found guilty of defrauding investors out of more than $5 billion. Prosecutors had pushed for 20 years, calling it a calculated scheme to lie and profit off users' trust.
Robinhood expands crypto features
Robinhood, a commission-free trading platform for stocks, options, and cryptocurrencies, announced plans to roll out crypto wallet upgrades and staking for select assets. It’s a play to keep up with Coinbase and onboard more casual users into on-chain activity.
Floki pumps — again
The meme coin market refuses to die. Floki Inu (FLOKI) surged on May 7, 2025, following the announcement of a Coinbase listing for FLOKI/USDT contracts and a new roadmap tease. The price rose over 22%, and its market cap jumped into the top 50 cryptocurrencies, with trading volume increasing by 182%.
Top gainers
Top losers
Key pairs
- BTC/USD: $100,842
- ETH/USD: $2,487
- BTC/ETH: 40.5
You can swap any of these pairs instantly on SwapSpace — no login needed.
What to watch this week?
May 12 – May 16, 2025
Can Bitcoin hold $100K — or was that the peak?
A close below that level could spook short-term traders. But if it holds, we might see a wave of new capital flow in.
SEC's DeFi Roundtable (May 12)
The SEC’s Crypto Task Force is hosting a roundtable today, May 12, focused on the intersection of traditional finance (TradFi) and decentralized finance (DeFi). What’s discussed here could shape the future rules and regulations for DeFi projects, so it’s definitely something to keep an eye on.
Ehereum's Shanghai Update Testing (May 15)
Ethereum will begin testing the Shanghai update on May 15, which will improve transaction speeds and reduce gas fees. This is expected to impact the ETH price and the overall network efficiency, so keep an eye on the outcomes of these tests.
Even with the volatility, this week showed that crypto isn’t slowing down — it’s shifting gears. From big names like Bitcoin making a move to meme coins jumping (or dumping), the market’s full of action.
You can swap all the mentioned tokens — including FLOKI, SOL, ETH, and BTC — on SwapSpace. And if you're watching prices closely, check out the Price Prediction page for fresh forecasts, especially on fast-movers like ETH and ENA.
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