Big news this week
Trump signs stablecoin bill, crypto executives focus
US President Trump has signed his administration's first cryptocurrency and blockchain-related bill, the (U.S. Stablecoin Guidance and Innovation Act) (GENIUS), which officially became law on Friday after delays in debates in the House and Senate.
At the signing ceremony, executives from companies such as Kraken, Gemini, and Coinbase attended, and Trump expressed gratitude to the crypto industry professionals present.
36% of Generation Z spends cryptocurrency daily
Cryptocurrency payments are becoming increasingly popular among various user groups. Generation Z users show significant crypto transactions in daily spending, reaching up to 36%, while Generation X dominates high-value expenditures at 40%.
Dave Portnoy regrets selling XRP
Barstool Sports founder Dave Portnoy sold most of his holdings before XRP's price surge and later stated he could have made millions, which he regrets.
Bitcoin whale from Satoshi's era transfers 40K BTC to Galaxy Digital
A whale holding 80,201 bitcoins has transferred the remaining 40,192 bitcoins to Galaxy Digital, worth $4.77 billion.
Trump plans to sign an executive order allowing U.S. pensions to invest in cryptocurrencies
Reports suggest Trump may sign an executive order allowing U.S. 401(k) pension plans to invest in alternative assets like cryptocurrencies.
Winners and losers
As of this weekend, the price of Bitcoin is $118,281, ETH is $3,553, XRP is $3.43, with a total market cap of $3.85 trillion.
The biggest three altcoin winners this week are Bonk (BONK) up 53.65%, Curve DAO Token (CRV) up 51.11%, and FLOKI up 40.43%.
The most important prophecy
Stellar XLM is expected to follow the price trend of XRP
Stellar is in a continued upward trend, with prices expected to rise to $0.63, a 35% increase from the current price.
The biggest fear and doubt this week
UK officials sentenced for stealing 50 bitcoins
A former national crime agency official was sentenced for stealing 50 bitcoins during the Silk Road 2.0 investigation.
