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Updated Jul 11, 2025, 5:26 p.m. Published Jul 11, 2025, 5:06 p.m.
This week, bitcoin hit a (above $118K) on the back of strong and at least $280 million in .
Treasury projects are also cropping up for Ethereum and Solana. Notably, Joseph Lubin’s SharpLink for that project, and Bitmine announced plans to for more ETH buying. Off that strong signal, large-cap “alts” like ETH and SOL saw near , carrying other higher as well.
It was a week when the crypto markets seemed to be enjoying themselves as new legislation nears and investment flows from new institutional sources.
The U.S. House said it would take up the Senate version of , making final passage easier. And industry leaders met on Capitol Hill to lobby for a .
It wasn’t all plain sailing for innovators in the space. over its tokenized stock plans, and then the Florida AG launched a lawsuit claiming the fintech engaged in .
The Trump family’s own crypto dealings continued to make news. Trump Media announced a . And, Tron founder Justin Sun bought $100 million of $TRUMP and promised to help the
Next week (dubbed “Crypto Week”) promises to be historic for crypto news. The House and the Senate has a hearing planned on . First a trickle, then a flood.
Benjamin Schiller is CoinDesk’s managing editor for features and opinion. Previously, he was editor-in-chief at BREAKER Magazine and a staff writer at Fast Company. He holds some ETH, BTC and LINK.
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