📢 Crypto News of the Week (June 25–July 2, 2025)

🚀 Market Moves & Figures

• Bitcoin has remained around $107k, bolstered by last Friday’s $40 bn options expiry and renewed inflows into exchange-traded products (about $17bn inbound this week)—marking over 11 straight weeks of positive net flows.

• Ethereum and Solana staking saw a boost as institutional interest picked up amid broader crypto bullishness.

🏛️ Regulation & Politics

• The U.S. Senate once again advanced the GENIUS Act (68–30), laying groundwork for federally regulated, fully reserved, dollar‑pegged stablecoins—now on its way to the House.

• The Financial Action Task Force (FATF) urged tighter crypto compliance, noting only 40 of 138 countries are currently in line—and illicit wallets received an estimated $51 bn in inflows last year.

• In Canberra, Australia, officials warned about an uptick in crypto‑investment scams, particularly linked to ATMs and phishing schemes ahead of Amazon Prime Day.

• In Prague, the Czech Justice Minister resigned over acceptance of a 468‑BTC donation from a convicted offender, triggering a no‑confidence vote.

🏦 Corporate & Institutional

• Coinbase received a price target bump from Bernstein (+65%) and rolled out USDC futures and “Coinbase Payments”—pushing its stock into the S&P 500.

• Robinhood launched tokenised U.S. equities trading in Europe, plus ETH and SOL staking in the U.S.—sending its valuation to all‑time highs.

• Australia’s Swyftx completed its acquisition of Melbourne-based Caleb & Brown, aiming to attract wealthy U.S. investors under pro‑crypto signals from Washington.

• Kraken announced plans for a Venmo‑style crypto payment app; OKX is preparing for a U.S. IPO; Republic is exploring tokenised stock offerings tied to SpaceX and OpenAI.

🤣 Fun Fact

The U.S. Strategic Bitcoin Reserve, announced in March, now holds nearly 200,000 BTC—officially recognising bitcoin as a government reserve asset!