Cryptocurrency markets demonstrated resilience as substantial Bitcoin ETF inflows offset volatility, with analysts highlighting stability despite macroeconomic uncertainties. The Federal Reserve announced an upcoming conference focused on stablecoin regulation and asset tokenization, signaling heightened regulatory scrutiny. In a landmark development, Polymarket received regulatory approval to operate legally in the U.S., marking a significant milestone for prediction markets in the decentralized finance space.
American Bitcoin surged following its Nasdaq listing, while prominent investor Ray Dalio endorsed both Bitcoin and gold as optimal hedges against potential debt crises. Institutional activity intensified as Treasury BV secured $147 million for Bitcoin acquisitions and Bitmine purchased $358 million in Ethereum. Ethereum’s supply on exchanges plummeted to a three-year low, indicating strong holding sentiment.
AlphaTON launched a $100 million treasury on the TON blockchain, while SUI Group acquired 20 million SUI tokens. Global adoption trends showed India and the United States leading in cryptocurrency integration. California’s $500 billion pension fund debated Bitcoin exposure, reflecting institutional divergence. U.S. Bancorp reinstated crypto custody services, and Gemini pursued a $2.2 billion valuation for its upcoming IPO.
Regulatory developments included the ECB advocating stricter oversight of non-EU stablecoins and the SEC evaluating proposals for quantum-resistant cryptography in digital assets.
