This week, Bitcoin reached a new all-time high of over $118K, driven by robust ETF inflows and substantial new treasury investments amounting to at least $280 million.

Projects related to treasury investments are also emerging for Ethereum and Solana. Notably, Joseph Lubin’s SharpLink secured 10,000 ETH for its treasury, while Bitmine plans to raise $2 billion for additional ETH acquisitions. This positive trend has propelled large-cap alternatives like ETH and SOL to their highest points year-to-date, positively impacting other trending projects such as SUI.

The cryptocurrency markets are showing vitality as new regulations appear imminent, alongside capital investments from institutional sources. The U.S. House intends to consider the Senate’s version of the GENIUS stablecoin bill, streamlining the legislative process. Meanwhile, industry leaders gathered on Capitol Hill to advocate for a comprehensive Market Structure bill.

However, challenges remain in the industry. Robinhood faced doubts regarding its tokenized stock plans amid a lawsuit from the Florida AG for allegedly deceptive pricing claims in the crypto sector.

In recent developments, Justin Sun of Tron made headlines with a $100 million purchase of $TRUMP, expressing aspirations to enhance this memecoin’s prominence in Asia and Africa.

Looking ahead, next week, dubbed Crypto Week, is poised to be critical for cryptocurrency regulation as the House deliberates on stablecoin and market structure laws while the Senate prepares for a session on digital asset taxation.

“First a trickle, then a flood.”