This week, Bitcoin reached a new one of all time (above $ 118k) To the back of strong ETF flows and at least $ 280 million in new Bitcoin Treasury investments.
Treasury projects are also emerging for Ethereum and Solana. In particular, Sharplink Eth Treasury by Joseph Lubin bought 10,000 ETH for that project, and Bitmine announced plans to raise $ 2 billion for more ETH purchases. Out of that strong signal, the “ALTS” of great capitalization as ETH and Sol saw near the maximums of the whole year, with other hot projects such as Sui Higher as well.
It was a week when cryptography markets seemed to enjoy as the new legislation and investment flows of new institutional sources are approaching.
The United States Chamber said it would occupy the version of the Senate of the Genius draft Stablecoin’s bill, which facilitates the final passage. And industry leaders met in Capitol Hill to press for a comprehensive bill of “market structure”.
Not everything was a simple navigation for innovators in space. Robinhood faced skepticism about his tokenized action plans, and then the AG of Florida launched a lawsuit claiming that Fintech participated in deceptive cryptographic prices.
The cryptographic treatment of the Trump family continued to make news. Trump Media announced an ETF application of multiple assets. And, the founder of Tron, Justin Sun, bought $ 100 million from Trump and promised to help Memecoin be large in Asia and Africa.
Next week (Nickname “Cryptography Week”) promises to be historical for cryptographic news. The Chamber considers the legislation of Stablecoin and the market structure and the Senate has a planned hearing on digital asset taxes. First a drip, then a flood.
