XRP hits all-time high:
XRP surged 20% in a day, reaching $3.65 — its highest price ever. The spike is linked to positive market sentiment and speculation about looser regulations. Ripple's CTO believes XRP is still undervalued.
Record inflows into Ethereum ETFs:
Spot Ethereum ETFs in the US reported record inflows. ETH price rose 8.9% in 24 hours, hitting $3,452 — the highest since January 2025. This further fuels expectations of an incoming “altseason.”
Bitcoin approaches $125K:
Bitcoin tested $120,000 after a drop in the US Producer Price Index. Analysts warn of market overheating, but sentiment remains bullish with projections of a $125,000 target.
Regulatory updates in the US:
The US House of Representatives passed key crypto legislation (GENIUS, CLARITY, Anti-CBDC), pending President Trump’s signature. The SEC is considering an “innovation exemption” to support tokenization and new financial products.
Altcoin rally:
Kyber Network Crystal (+90%), Curve DAO Token (+70%), and Lido (+20% in one day) showed major gains, driven by overall optimism and anticipation of new ETFs.
Coinbase launches super app:
Coinbase rebranded its wallet into Base App, adding social and payment features — aiming to become a crypto “super app” for everyday use.
Bank of America pilots stablecoins:
Bank of America began testing stablecoins for faster and cheaper transactions. Major firms like Google, Apple, and Uber are also exploring stablecoin integration to cut costs.
Crypto-related crimes:
In New Zealand, a woman was charged with murder to cover up a crypto fraud. In Belgium, a court sentenced a gang to 12 years for kidnapping a crypto entrepreneur's family.
Market cap hits $4 trillion:
Crypto market capitalization reached $4 trillion, approaching Nvidia’s valuation. The market rose 9.71% over the week, with a 2.19% increase in trading volume.
Summary:
The market remains optimistic due to regulatory easing, growing ETF demand, and broader adoption by major corporations. However, a correction may follow due to signs of overheating.
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