This week, bitcoin hit a new all-time-high (Above $ 118k) At least $ 280 million on the back of strong ETF flow and new bitcoin treasury investments.
Treasury projects are also taking crops for Etharium and Solana. In particular, Joseph Lubin’s Sharplink Ath Treasury purchased 10,000 ETHs for that project, and Bitmine announced a plan to raise $ 2 billion for more ETH procurement. From that strong signal, large-caps like Ath and Sol were seen by “Alts” near the high level of year-on-year, as well as other hot projects like needle.
It was a week when crypto markets were enjoying themselves as new laws and in investment flow from new institutional sources.
The US House said that the genius would take the Senate version of the Stabecrim Bill, making the final route easier. And industry leaders advocated a broad “market structure” bill on Capital Hill.
It was not all plain sailing for innovators in space. Robinhood faced doubts over his token stock plan, and then Florida AG launched a lawsuit, claiming Fintech engaged in misleading crypto pricing.
The Trump family’s own crypto deal continued the news. Trump Media announced a multi-asset ETF application. And, Tron’s founder Justin Sun bought $ 100 million $ Trump and promised to help enlarge memecoin in Asia and Africa.
Next week (Dub “Crypto Week”) Crypto promises to be historic for news. Home StableCoin and market structure considers law And the Senate has a hearing on digital asset taxation. First a trick, then a flood.
