What happened today in Cryptou – Bitcoin brings $ 104k, SEC agrees with Ripple and more

• Bitcoin is 104,000 dollars while Altcoins gathers, causing a conversation about the potential “ALT season”.
• Coinbase acquires deribit; The Ripple-SEC case is approaching a resolution in the midst of political crypto tension.

After the permanent weeks of turbulence, the cryptocurrency market seems to set a solid return.

Bitcoin hit $ 100,000, reinforcing the Altcoin season

Bitcoin (BTC) passed again by the threshold of $ 100,000, climbing to $ 104,000 and commercial At $ 103,164.85 at the last check, marking an increase of 3.4% and an impressive 33% gains in the last month.

But it is not only BTC making waves, Ethereum (ETH) has released a huge set of 20%in the last 24 hours, while Solana (Sol) and Ripple (XRP) followed a suit with over 8%gains.

Meanwhile, Dogecoin (Doge) and Cardano (Ada) recorded 12% and 9% jumps.

A widely founded trend lit fresh chatter on X (earlier Twitter), with many speculating that it could finally be underway “ALT season”.

Coinbase acquires deribit

In addition, Coinbase has announced The acquisition of deribite, the main exchange of the crypto option, in an agreement of $ 2.9 billion.

The acquisition emphasizes the intent of Coinbase to expand its offer for institutional investors, while also engaging in the growing sophistication of retail retailer.

Meanwhile, Rumbble makes its waves in a crypto space.

Executive director Chris Pavlovski revealed that the company in the Q3 2025 will introduce its BTC and Stablecoin wallet, directly challenging Coinbase’s wallet.

He added,,

“Our goal is to become the most prominent without the guardian of Bitcoin and Stableco’s wallet, launching the creator’s economy.”

This upcoming Wlever Wallet, developed in collaboration with Tether, indicates aggressive pressure from the platform in the Ecosystem Digital Finance.

In the midst of these events, US Commissioner Secanta Sec Hester Peirce also gave titles when he noted,

Ripple Labs Vs. Sec approaching an end

Adding a series of bull development, and the Ripple Laboratorys reached the proposed proposal settlement With the American Commission for Securities (SEC), potentially bringing their long legal holiday.

Although the agreement is still awaiting court approval, it indicates a large turning point in the current regulatory Saga.

However, not all inside the SEC on board because the Caroline Crenshaw commissioner is strongly criticized Agreement on May 8.

Crenshaw warned that this could weaken the implementation agency and dilute the precedent specified by the court.

Expressing his opinion on the same, he noted now, Senator John e Deaton,

An ingenious act fails to impress the senators

Still, not all the news in the crypto sphere painted a pink picture.

In a significant failure, US Senate perished To move forward after voice vote.

The proposal of the law, focused on the stablecoin regulations, was demolished in the midst of political tensions, and democratic senators demanded amendment to amendments in light of recent corruption charges against President Trump, only to finally vote against it.

Republican legislators have since accused them of politicizing the issue.

Ergo, with the market, riding a wave of momentum and uncertainty, all the eyes are now on that these legal and regulatory crossword puzzles will form a future trajectory of the crypto property.