This week Bitcoin hit a new one all the time high (Over $ 118k) On the back of strong ETF streams and at least $ 280 million in new Bitcoin Treasury Investments.
Treasury projects also emerge to Ethereum and Solana. In particular, Joseph Lubin’s Sharplink Eth Treasury bought 10,000 ETH for this project, and Bitmine announced plans to gather $ 2 billion for more ETH purchases. From the strong signal “altar” as Eth and sun saw near year to date heights that carry other hot projects such as Sui Higher as well.
It was a week when the crypto markets seemed to enjoy themselves as new legislation is approaching and investment flows from new institutional sources.
The American House said it would take the Senate version of the brilliant stablecoin bill, making the last passage easier. And the industry leaders met at Capitol Hill to lobby for a comprehensive “market structure” calculation.
Not all ordinary sailing for innovators in the room was. Robinhood faced skepticism about his tokenized stock plans, and then launched Florida AG a trial that claimed Fintech was dealing with misleading crypto pricing.
The Trump family’s own crypto relationship continued to make news. Trump Media announced a multi-coach ETF application. And Tron -founder Justin Sun bought $ 100 million of $ Trump and promised to help Memecoin go big in Asia and Africa.
Next week (called “Crypto Week”) promise to be historical to crypto news. The house is considering stableecoin and market structure legislation, and the Senate has a consultation planned on taxation of digital asset. First a trickle, then a flood.
