What a thrilling day today in the crypto sphere filled with nothing but updates and surprises. From the 10th birthday of Ethereum to giant price swings and new tradable options, here’s a snap and a simple rundown of everything that has happened!
Ethereum, one of the biggest coins out there, is turning 10 years old on July 30, 2025. That day is also Justin Sun’s birthday (he’s the founder of Tron). He posted online saying he hopes Ethereum hits $5,000 by then.
To celebrate, the Ethereum team is planning meetups across the world. They’re even offering $500 to anyone who hosts an event. If you want to join the fun, you can apply before June 15. Pretty cool way to celebrate, right?
Another big update—CME Group, one of the largest trading platforms in the world, just announced that it will start offering XRP futures on May 19.
That means traders can now guess the future price of XRP without actually owning it. These futures will be available to people in two sizes: 2,500 XRP and 50,000 XRP, and everything will be paid in cash. This is big news for serious traders who already trade futures in Bitcoin, Ethereum, and Solana.
The price of Biswap ($BSW) jumped 65% in just one day! The reason? A new wallet called NOW Wallet added support for BSW. That means people can now send and use BSW on more blockchains.
With this news, a lot of people started buying the token, and that pushed the price higher really fast. When something becomes easier to use, it often becomes more popular too—and that’s exactly what happened with BSW.
Here’s a fun twist: Justin Sun, the same guy who hopes ETH reaches $5K, owns over 1.1 million TRUMP coins. That might make Sun one of the biggest holders of Trump’s meme coin!
Because of this, he might be attending a special dinner that Trump is hosting on May 22 for the top 220 holders of his token. Sun even tweeted “All in USA,” which got people guessing if he’s really going. This shows how crypto is getting more and more tied to big names and events.
In a big policy change, the U.S. Federal Reserve has made it easier for banks to work with crypto and stablecoins. Earlier, banks needed special permission. Now, they don’t.
This change means that banks can start using blockchain systems faster and connect with decentralized finance (DeFi) tools without waiting forever for approval. This could really boost how crypto is used in everyday banking.
Today, According to the CoinMarketCap data, the global crypto market is worth $2.94 trillion, which is up 1.63% from yesterday. But the trading volume (the amount of money moved around) actually dropped by 11.58% to $92.9 billion. Most of that money is sitting in stablecoins, which means people are being careful.
Will the market still rise? Maybe; there are many feel-good stories. The other side reveals decreasing volume, which tells us that some traders are waiting to see what happens next.
Today was packed with major updates—Ethereum’s birthday bash, XRP’s futures launch, BSW’s huge price jump, and U.S. banks opening up to crypto. The market is looking strong, but a little quiet too. If things keep going this way, we could see more upward movement soon.
Let’s wait and watch till the market stabilizes
Sara Sethiya is an experienced crypto journalist with five years of experience in blockchain research, price movements, and market analysis. With a background in mass communication and journalism, she specializes in data-driven news articles, in-depth market reports, and SEO-optimized content. As a team lead and content writer at CoinGabbar, she examines on-chain metrics, evaluates liquidity trends, and analyzes tokenomics to uncover market patterns. Her analytical approach helps traders and investors interpret market shifts, identify potential opportunities, and understand the broader impact of blockchain innovations on the financial ecosystem.