This Week in Crypto: Web3 Power Plays, Market Signals, and Regulatory Moves
🔸FIFA is launching its own Avalanche-powered layer-1 blockchain to host digital fan experiences and migrate its FIFA Collect NFT platform.
🔸Donald Trump’s TRUMP memecoin dinner included major crypto figures like Justin Sun, Jihoz, Jack Lu, and pardoned Silk Road founder Ross Ulbricht.
🔸Cetus DEX on Sui was hit by a suspected $200M exploit, prompting contract pauses and ecosystem-wide fallout.
🔸Ethereum DEX traders jumped 73% this month to a 3-month high, though volume stayed flat—indicating mostly retail-driven activity.
🔸The Crypto Fear and Greed Index spiked to 78 (“Extreme Greed”), raising flags about market sentiment possibly overheating.
🔸Bitcoin hit a new all-time high with strong ETF inflows, low funding rates, and little whale profit-taking—suggesting the rally may have legs.
🔸Crypto awareness in Singapore hit 94%, but ownership dropped from 40% to 29%, hinting at cautious optimism or waiting on better conditions.
🔸JPMorgan, Citi, BofA, and Wells Fargo are exploring a joint stablecoin with Zelle and The Clearing House, signaling deeper TradFi interest in crypto payments.
🔸XRP Ledger now hosts EURØP, a MiCA-compliant euro stablecoin backed, regulated, and audited in France—expanding regulated liquidity across Europe.
#CryptoWeekly #Bitcoin #Ethereum #Stablecoins #Web3 #Sui #Avalanche #TRUMPcoin #XRPL #CryptoRegulation #DeFi #CryptoSentiment