🚨LAST 12 HOURS CRYPTO UPDATE– May 7 2025

#Robinhood Plans #Tokenized Securities Blockchain in Europe

🔹Robinhood is building a blockchain network to let European investors trade US tokenized assets, per Bloomberg.

🔹Partners in talks include Arbitrum and the Solana Foundation.

🔹This follows Robinhood’s Lithuania brokerage license and its 2024 acquisition of Bitstamp.

Ethereum Activates “#Pectra ” Upgrade

🔹The upgrade, live as of May 7, includes EIP-7702, 7251, and 7691.

🔹Smart accounts, higher staking limits (2,048 ETH), and lower L2 fees are the main features.

🔹Aimed at boosting scalability and usability.

#Democrats Target Trump’s Crypto Ventures

🔹MEME Act would bar officials and family from profiting from memecoins and digital assets.

🔹A subcommittee probe is also launched into Trump’s TRUMP token and World Liberty Financial (WLFI).

🔹Bills face an uphill battle as Republicans control both houses.

$ETH

ETH

3,316.33

-0.35%

$TRUMP

TRUMP

5.408

-1.54%