What happened in the crypto world this week?

1. The US Senate approved the GENIUS Act, a stablecoin regulation.

2. Following the stablecoin legislation, institutional investor interest increased, causing Coinbase shares to rise by 17% this week!

3. Nobitex, one of Iran's largest exchanges, suffered a $100M hack attack.

4. US-Iran tensions impacted crypto.

BTC fell to 100K$ .

A total of 1 billion $ in liquidation, 240,000 investors lost positions.

6. This week, there was an inflow of 412M$ into Spot Bitcoin ETFs.

Ethereum ETFs are also progressing steadily.