Weekly Wrap: SEC backs off Binance, GameStop’s Bitcoin dive, 121 million USD boost to XRP and more

On May 28, 2025, the SEC ended its lawsuit against Binance, indicating a favorable change in U.S. Cryptocurrency regulations. This shift is anticipated to foster a more supportive environment for crypto investors.

GameStop’s May 28 purchase of 4,710 Bitcoin, valued at 513 million USD, begins its crypto journey. Additionally, VivoPower’s investment of 121 million USD in XRP creates a notable treasury reserve, enhancing XRP’s institutional appeal.

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