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  • Bitcoin Breaks $94K, Trump’s Memecoin Surges, and Regulatory Winds Shift

Bitcoin Breaks $94K, Trump’s Memecoin Surges, and Regulatory Winds Shift

🚀 Market Momentum: Bitcoin and Ethereum Rally

Bitcoin (BTC) surged past $94,000 this week, marking its highest level since February and contributing to a total crypto market cap exceeding $2.8 trillion. Ethereum (ETH) also saw gains, climbing above $1,800 before a slight pullback. ​Barron'sInvestor's Business Daily

Analysts suggest this bullish trend is fueled by easing U.S.-China trade tensions, a weakening U.S. dollar, and significant inflows into spot Bitcoin ETFs, including those from ARK 21Shares and Fidelity. ​Investor's Business Daily+1Barron's+1

🪙 Trump’s Memecoin: $TRUMP Token Soars

The $TRUMP memecoin experienced a 50% price surge after announcing that the top 220 holders would be invited to a private dinner with President Trump. The top 25 holders will also attend a VIP reception and a White House tour. ​Axios+2Financial Times+2Politico+2

This promotion has intensified trading activity, with the token reaching $14.70 and a market capitalization of approximately $2.6 billion. The coin's rise has sparked discussions about the intersection of politics and cryptocurrency. ​Financial Times+1Axios+1Politico+1Financial Times+1

🏛️ Regulatory Developments: Clarity on the Horizon

In the U.S., newly appointed SEC Chairman Paul Atkins emphasized the need for clear regulations in the crypto sector, criticizing previous ambiguity for stifling innovation. Atkins is expected to adopt a more industry-friendly approach, with the SEC developing new crypto regulations and reconsidering enforcement actions. ​Reuters+1Time+1

Meanwhile, the UK Financial Conduct Authority (FCA) announced reforms to reduce regulatory burdens, including allowing publicly traded companies to issue up to 75% of their value in new shares without a full prospectus. The FCA also plans to finalize new crypto regulations within a year. ​Latest news & breaking headlines

📈 Stablecoins and Institutional Interest

Citigroup's recent report forecasts rapid growth in the stablecoin market, predicting a potential fivefold increase over the next five years, possibly reaching nearly $4 trillion. The report highlights key drivers such as the shift from traditional currencies to stablecoins for hedging and the use of stablecoins for payments due to blockchain efficiency. ​Axios

Additionally, Cantor Fitzgerald announced a $3.6 billion crypto venture in partnership with SoftBank, Tether, and Bitfinex. The venture aims to acquire over 42,000 Bitcoin, making it one of the largest Bitcoin treasuries. ​Investor's Business Daily

🔍 Noteworthy Mentions

  • Coinbase Legal Victory: Coinbase secured a key legal win as Alabama dropped its enforcement action against the exchange’s staking program, signaling growing hesitation among regulators to pursue staking-related lawsuits. ​DeFi Planet

  • Crypto Crime Report: TRM Labs' 2025 Crypto Crime Report identified $10.7 billion in crypto sent to scams last year, with investment frauds being the top driver. ​LinkedIn

  • Bitcoin Mining: Over the past week, miners collected approximately 4,138 BTC in block rewards, equivalent to $350 million, with transaction fees constituting 1.57% of block rewards.

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