Monday saw growing institutional investments in Bitcoin, with Strategy adding $480 million to its reserves and the Blockchain Group allocating €63 million for Bitcoin purchase. The UK announced new CARF-based reporting requirements for crypto platforms.
Trump Media Group planned to invest $2.5 billion in Bitcoin on Thursday, U.S. Senator Cynthia Lummis advocated for a strategic Bitcoin reserve, and Block announced BTC integration into its merchant ecosystem by 2026.
On Wednesday, Cactus Custody and Chorus One collaborated for Ethereum staking, BlackRock eyed a significant stake in Circle, and Elon Musk stepped down from his DOGE position.
On Thursday, a trader lost $100 million in a Bitcoin long position, SEC settled with Binance, Phemex prepared for a large crypto trading competition, and Germany plans major taxes on tech giants. Friday featured the release of the PCE Report and SEC's new crypto staking guidance, while the crypto market faced significant losses.