The Crypto Market Weekly Recap

Weekly recap 📊

[1] Bitcoin smashes a new ATH – Hits $124,496, breaking all records.

[2] Ethereum rallies – Trading above $4,400, closing in on its ATH of $4,790, and overtaking Netflix by market cap.

[3] BNB
its ATH – Flirts with $900+, eyeing $1,000 next.

[4] XRP wins clarity – SEC case officially ends; XRP jumps past $3.20.

[5] US opens retirement to crypto – Trump signs executive order allowing 401(k) plans to include crypto, private equity, and real estate.

[6] Gemini files for IPO – The major crypto exchange aims to go public in the U.S.

[7] ARK Invest bets big – Cathie Wood’s ARK buys 2.5M shares of the Bullish exchange IPO.

[8] Institutional uptake grows – Block (Square) holds $1B in BTC; ETFs add $246M AUM; SharpLink buys 5,226 ETH, boosting its holdings to 604,026 ETH ($2.69B).

[9] Crypto market cap climbs – Global crypto capitalization touches $4.25T.

[10] Altcoins in rally mode – Analysts foresee ETH reaching $7,500 and BNB approaching $1,000+.

[11] Trump–Putin summit looms – High-stakes meeting in Alaska (Aug 15) sparks market jitters.

[12] Stablecoin expansion – Tether mints $1B USDT on Ethereum; Circle issues 200M USDC, boosting liquidity.

[13] Do Kwon pleads guilty – Terraform Labs co-founder admits to wire fraud & conspiracy charges in the U.S., facing up to 25 years in prison.

N/B: All screenshots are mine.