News

Bitcoin dominated market headlines throughout the week as institutional inflows and ETF purchases further fueled Bitcoin’s rally. Record inflows into Bitcoin ETFs reportedly exceeded $2.7 billion over seven days, with data indicating substantial underpricing and renewed buyer interest driving the cryptocurrency toward technical resistance at 90K and beyond. Analysts and strategists continue to project significant upside potential, with some forecasting a surge toward $200K, as large treasury managers and whales pile into the digital asset [1][3].

Meanwhile, alternative blockchain platforms in the ecosystem experienced mixed news. Solana’s DeFi protocol, Loopscale, was hit by a $5.8 million exploit just two weeks after launch, prompting a temporary pause in lending and raising concerns about emerging risks in fast‐growing projects. In contrast, other Solana-related initiatives, including significant treasury acquisitions and DePIN altcoin listings, highlighted ongoing investor interest and the broader race for network dominance. Innovative moves like Stripe’s testing of a new stablecoin project further underscored the sector’s drive to integrate blockchain and traditional finance [5][10].

Regulatory and macroeconomic shifts also played a crucial role this week. A newly appointed SEC Chair signaled a promising, rational approach toward digital asset regulation, potentially paving the way for clearer policies. Concurrently, easing of crypto restrictions by the Federal Reserve and growing discussions on tokenized real estate—projected to top $4 trillion by 2035 in Deloitte’s report—demonstrated the increasing convergence of crypto with mainstream finance. These developments, coupled with global institutional moves and strategic treasury acquisitions, suggest enduring momentum amid both expansionary and cautious market forces [9][14][27].