The Major Crypto Stories So Far in 2025

In recent years, Crypto has taken the whole world by storm. Seemingly overnight, the world became obsessed with using cryptocurrency, with everyone looking to incorporate it into their websites. Now, midway through 2025, cryptocurrency has, to no surprise, been at the forefront of everyone’s attention as it continues to make headlines and be the main talking point. 

A variety of industries, ranging from retail to gaming, now accept crypto payments as a legitimate form of payment. The casino industry, in particular, has seen a number of online providers begin to accept cryptocurrencies such as Bitcoin as a form of payment. Some casinos also allow players to redeem any winnings in crypto. There are also other options for players who wish to pay with a more traditional payment method, like BonusFinder CA offers online casino real money options to players. 

No matter where you go, you’d be hard pressed to find somewhere that doesn’t accept crypto as a form of payment. In this article, we’ll be taking a look at the major crypto stories so far in 2025 and what impact they’ve had on the crypto world. 

Trump-Era Crypto Surge

Former President Trump’s re-election has reinvigorated U.S. crypto policy. Under his influence and through White House crypto czar David Sacks, regulators have moved to clear hurdles: the SEC task force was formed, several major lawsuits were halted, and crypto-friendly executive orders were issued (including establishing a Strategic Bitcoin Reserve).

A pivotal event was the “memecoin dinner” at Trump National Golf Club, where leading Trump token funders mingled with senior officials, a mix hailed by supporters but criticized by some lawmakers as corrupt. Still, this coincides with broader legislative momentum with stablecoin and ETF bills advancing in Congress.

UK’s Move On Crypto ETPs

The UK’s Financial Conduct Authority (FCA) is reviewing its current ban on retail access to crypto ETPs. This would bring the UK more in line with other countries such as Germany, Switzerland and the US. By doing this, they’re allowing for a wider range of opportunities for investors from around the globe. 

Whilst these changes wouldn’t make the UK a global Crypto hub, it would be beneficial to the UK economy as it would attract a significant number of new and hungry investors which previously wouldn’t have had a chance to invest in this market in the UK.

Whilst these changes won’t be enough to put the UK at the head of the Crypto tree, it will certainly help push them in the right direction. 

Bybit Breach: Largest Crypto Hack Ever

In February 2025, the Dubai-based company Bybit completed a routine bitcoin transfer for the eye-watering sum of 401,000 ETH, which equates to roughly $1.4 billion. During the transfer, it was intercepted by hackers and moved into a separate wallet held by the fraudsters. 

In an attempt to recover the funds, they offered a reward for anyone able to recover these funds for them, with a prize of up to $140 million. Following numerous different approaches, the company managed to eventually obtain around 88% of the stolen crypto, with the remaining 12% being lost to both law enforcement and the rest never being recovered. 

The aftermath of this scandal was widespread and worldwide, with numerous different companies of all sizes pulling out their currencies as a precaution due to the fear that this could also happen to them.

As you can imagine, this had huge implications for the prices of these cryptocurrencies as billions were withdrawn over the space of just a few days. 

With more robust safety precautions being put in place, the market eventually returned to a relatively normal state following the event; however, it has left a rather sour taste in the mouths of large crypto currencies and it’s a reminder no matter how big you are, you’re still susceptible to a fraud attack.

The May Bitcoin Surge

In May 2025, Bitcoin, along with a number of different cryptocurrencies, surged in price and rocketed to some of the highest values in years, with Bitcoin getting close to $112,000 at one point. With a number of different factors impacting this, such as a few named on this list, the price of these currencies theoretically continues to increase throughout the year. 

Only time will tell if they continue to thrive, and unless another major scandal happens, there’s no reason why they can’t continue to grow. 

With Crypto being at its most popular in years, it’s no surprise to see it doing so well and at its highest value in a long time. Each year it always seems to have its ups and downs, and 2025 appears to be no different. With numerous different big news stories, new laws, and regulatory changes, there’s no way of telling what will happen next in the world of Crypto.

Throughout the next 6 months, everyone’s eyes will surely be on what’s next for the world of Crypto and what it has in store for us. No longer just a side thought, Crypto is here to stay and is one of the main powerhouses of the financial world.