Crypto update

 Crypto Updates

In the bustling world of finance, Bitcoin once again stole the spotlight, trading confidently near $107,500. The rally, sparked by consistent inflows into spot ETFs, seemed unstoppable. Ethereum, too, held its ground around $2,470, riding high on billions in new institutional investments from giants like BlackRock and Fidelity.

In Washington, regulators made a historic move: Fannie Mae and Freddie Mac would now recognize crypto as part of a borrower’s financial profile, a shift that could open doors for countless homeowners. Meanwhile, the Financial Action Task Force sounded the alarm, warning that most nations still fail to meet crypto standards, leaving loopholes for bad actors.

Politicians were busy debating whether to pass stablecoin laws on their own or bundle them into broader crypto reforms. Behind the scenes, lobbyists poured in over $100 million this year alone to shape crypto’s regulatory future.

Not to be outdone, Circle pushed forward with a hotly anticipated IPO, while Fiserv announced a groundbreaking partnership with PayPal to launch a new stablecoin. Bitcoin miners — even some from the early Satoshi-era days — showed no rush to sell, tightening the supply and boosting market optimism.

Far from Wall Street, Texas made waves by establishing its own Bitcoin reserve, following the lead of Arizona and New Hampshire. Ethereum’s new Pectra upgrade enhanced transaction speed and staking, fueling a revival in its network despite still trading below its 2021 highs.

Stablecoins, meanwhile, continued their steady march, making up nearly half of Ethereum’s activity, showing just how embedded they’d become.

As institutions embraced crypto, regulators worked hard to balance innovation with rules, ensuring safety without crushing progress. With steady prices, surging interest, and a growing role in everyday finance, the crypto story looks far from over — in fact, it’s only just beginning.