Here are some interesting crypto news stories from this week:

Regulatory Updates

- Ripple vs. SEC: Ripple is pushing the SEC to drop its "functional" and "decentralized" crypto tests, which could impact the industry's regulatory landscape.

- India's Crypto Tax Cuts: India is considering cutting crypto taxes to revive its $15 billion market, which was nearly killed by previous regulations.

- US Crypto Regulation: Former CFTC chair Rostin Behnam believes the crypto market will remain unregulated unless the agency is given greater authority .

Market Trends

- Bitcoin's Price Rally: Bitcoin is expected to reach $120,000, with some analysts predicting a peak of $220,000 to $330,000 by the end of 2025.

- Solana's Potential Rally: Solana's chart hints at a 180% rally to $300 if a key technical trend holds.

- Ethereum's Options Expiry: Ethereum bulls are aiming for $2,700 ahead of ETH's $2.4 billion options expiry.

Adoption and Innovation

- El Salvador's Bitcoin Buying Spree: El Salvador continues to buy Bitcoin despite IMF pressure to freeze new purchases.

- Pakistan's Bitcoin Strategic Reserve: Pakistan has announced plans for a Bitcoin strategic reserve, marking a significant shift in its crypto policy.

- New Jersey's Tokenized Property Deeds: A New Jersey county is tokenizing $240 billion worth of property deeds using blockchain technology.