🔹 Market Highlights
📈 Bitcoin & Ethereum Rally
Bitcoin recently surged to fresh all-time highs—peaking above $118,000—with the current trading around $119K, buoyed by strong spot ETF inflows, institutional accumulation, and expectations of a U.S. Fed rate cut . Spot Bitcoin ETFs pulled in over $2.7 billion just this week .
Ethereum has also gained momentum, recently crossing the $3,000 mark, propelled by ETF inflows exceeding $900 million, supportive macroeconomic data, and active short-liquidations ().
💥 Altcoin & Meme Coin Momentum
Stellar (XLM) topped 20‑coin gainers with a ~6 % jump, thanks to PayPal’s plans to launch a stablecoin on its network .
XRP is gaining renewed attention, with analysts forecasting another breakout after riding Bitcoin’s rally .
Rapid ICOs and meme-coin projects like Token6900, Bitcoin Hyper, and Snorter Bot are getting spotlighted, though these carry high risk .
🏦 DeFi & Legal News
Tornado Cash case: Developer Roman Storm faces trial in NYC for alleged laundering of over $1B via the mixer. This case could have huge implications for DeFi regulation .
Pump.fun ICO surprisingly raised $500M in public sale, even as smaller firms like UK-based Ziglu reported a £2.7M shortfall .
🌍 Macro & Political Developments
U.S. crypto regulation: “Crypto Week” is underway on Capitol Hill with votes on the Stablecoin GENIUS Act and related bills. Regulatory clarity is fueling confidence and funding .
Institution-focused products:
ReserveOne, a crypto holding firm backed by Blockchain.com and Kraken, is targeting a Nasdaq SPAC IPO to raise over $1B, offering access to Bitcoin, Ethereum, Solana via equities
Trump Media recently submitted an SEC filing for a “Crypto Blue Chip ETF” comprising BTC, ETH, SOL, XRP, and CRO .
The U.S. government’s strategic Bitcoin reserve continues to grow. Regulations and executive orders have cemented BTC’s role as a national asset .
📊 Quick Overview
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