Sberbank Proposes Russian Crypto Custody Services

Bitcoin is holding strong above $117,000, riding a nearly 10% weekly gain despite a slight dip from its recent peak. What’s interesting? Big players ("whales") seem to be holding onto their coins rather than dumping them, while fresh money—especially from stablecoins—is flowing back into the market. That combo suggests confidence isn’t fading, even after a minor cooldown.

Editor’s Note: When whales slow their sell-offs and stablecoin investments pick up, it often signals traders are gearing up for another potential rally. For crypto watchers, this isn’t just noise—it’s a hint that Bitcoin’s bull run might still have legs, even after a breather. If you’re tracking market psychology, these moves are like seeing shoppers rush back into a store after a brief sale ends.

The crypto market is on a tear, with the combined value of all cryptocurrencies nearly hitting $4 trillion—just trailing the world's biggest company (likely Apple or Microsoft). This surge comes thanks to big jumps in Ethereum (Ether) and XRP prices, pushing the market to fresh all-time highs.

Editor’s Note: Crypto isn’t just a niche asset class anymore—it’s now flirting with the valuation of corporate giants, signaling how mainstream digital currencies have become. For investors, this milestone is a mix of excitement (big gains!) and caution (are we in a bubble?). Either way, it’s a reminder that crypto’s influence on global finance keeps growing.

Lawmakers are stepping up efforts to tackle ethical concerns in the crypto world with two oddly named bills: the MEME Act and the Stop TRUMP Act. While details are still emerging, these proposals seem aimed at curbing potential misuse of cryptocurrency in politics—like meme coin pump-and-dumps or undisclosed campaign financing. The names alone suggest a mix of seriousness and satire, reflecting how crypto’s wild west reputation is colliding with Washington’s rulebooks.

Editor’s Note: Crypto’s influence keeps spilling into politics, and regulators are scrambling to keep up. Whether these bills are symbolic or substantive, they highlight growing tension between innovation and accountability. The quirky branding might grab headlines, but the real question is whether they’ll actually rein in bad actors—or just add more noise to the debate. Either way, it’s another sign that crypto’s days of flying under the regulatory radar are over.

Ethereum's price is on a roll, breaking past $3,500 and flirting with the possibility of hitting $4,000 as bullish momentum builds. Technical indicators, like a key trend line forming around $3,490, suggest the rally could keep going—if it stays above the $3,350 support level.

Editor’s Note: For crypto investors, this isn't just another uptick—it's a sign that Ethereum might be gearing up for a bigger run. If the bulls stay in control, we could see ETH test new highs, which could ripple across the broader crypto market. Whether you're holding or trading, this is one to watch.

BTC Digital, a crypto mining company, is making a big pivot—they're ditching Bitcoin to focus entirely on Ethereum. They've already secured $6 million in funding and plan to build up tens of millions in ETH reserves by the end of the year, calling the move "transformative."

Editor’s Note: This isn't just a routine portfolio tweak—it's a major bet that Ethereum has more upside than Bitcoin right now. For crypto watchers, it signals growing institutional confidence in Ethereum's long-term potential, whether that's due to its smart contract capabilities, upcoming upgrades, or just better short-term returns. If other miners follow suit, it could shake up the crypto mining landscape.