Expected optimistic regulations have been a focal point for cryptocurrency investors this week, following an event called by the US government as “Crypto Week,” in which lawmakers seek to pass three major regulations for the Web3 industry.
Fueled by optimistic outlook, bitcoin (Btc) that -flip the $ 2.3 trillion of Amazon’s market and raised to become the world Fifth largest property by total amount.
Regulators have passed three major bills amid Republican concerns with central digital currencies (CBDC).
In a house session on Thursday, the lawmakers Vote 294-134 to pass the Digital Asset Market Clarity (CLARITY) Act, a bill aimed at promoting a market structure for cryptocurrencies, 308-122 in favor of guidance and promoting national change for the US Stablecoins (Genius) Act and 219-210 for the Anti-CBDC Surveillance State Act.
Industry observers viewed the Genius act as The key to shaping stablecoins for global adoption at banks and financial institutions.
The Bitcoin Flips of Amazon’s $ 2.3t Market Cap to be the 5th Global Asset
Bitcoin has become the fifth largest property in the world, which has reached Amazon through market capitalization.
Bitcoin (Btc) The price is up to a New all-time high of $ 122,600 on Monday and climbed nearly 13% last week, as Cointelegraph reported.
These gains allow Bitcoin to exceed a $ 2.4 trillion market capitalization, reaching Amazon’s $ 2.3 trillion, $ 2.2 trillion of silver and alphabet’s (Google) $ 2.19 trillion, shown cointelegraph data.
This means that Bitcoin’s market cap is just $ 730 million shy of tech apple giant at the time of writing.
Development indicates the growing existence of Bitcoin in the global financial system, according to Enmanuel Cardozo, market analyst at the Real world asset Tokenization platform brickken. He said to cointelegraph:
“To giant institutions such as Blackrock and Microstrategy’s Treasury that continues to rise, the legitimacy of Bitcoin as an investor class of possession is no longer discussed, with the regulation of momentum as well.
Cardozo said the ongoing institutional accumulation and the “supporting macro environment could help Bitcoin surpass Apple’s appreciation, indicating a bitcoin price of over $ 142,000.
Grayscale submits confidential IPO filing with Sec
Cryptocurrency -dedicated asset manager and provided funding (ETF) Grayscale joined a growing list of crypto companies seeking to launch IPOs in the United States.
On Monday, Grayscale Says It filed to list its company sharing with the Securities and Exchange Commission (SEC) under a new clause that provides confidential filing in advance of a final public offer.
Entry of public markets will give up the Grayscale to look for more funding opportunities by techniques such as Public Stocks offeringalready —in – – – – – – – – – – – – – – – – – – – – Gamestop’s $ 2.25 billion offers from June 13.
Grayscale’s filing came within a month after the circle, giving the world’s second largest stablecoin USDC (USDC), its IPO has increased to over $ 1.05 billion and Debuted with New York Stock Exchange On June 5.
IPO pricing gave an appreciation of $ 6.9 billion based on more than 220 million remaining shares listed on June 2 filing.
Circle’s IPO success can inspire more crypto-fashion companies to move to public markets with similar offerings, sparking an altered Crypto Season IPO in 2025.
Trump’s World Liberty Crypto is set to be tradable
US tokenholders of US president Donald Trump supported by the Crypto Project World Liberty Financial (WLFI) voted to make them tradable, opening the door for a token associated with Trump that increased in value.
The proposal submitted by WLFI The team on July 9 closed on Wednesdaywith a “excessive” 99.94% in favor of unlocking. This will make the platform token trading through peer-to-peer transactions and secondary markets.
“Following the vote to make the tradable token, the WLFI management framework will provide more to tokenholders to participate directly to protocol decisions,” the WLFI team told the proposal.
“This includes voting for leaks, ecosystem incentives, and future actions. This proposal is the first step in delivering more influences to the community.”
Not all management Tokens will be locked Immediately, according to the WLFI team, and an entire launch plan is coming up, According to In Wlfi’s post on X on Wednesday.
Dex-to-CX ratio hit the new high as crypto entrepreneurs fled to centralization
Cryptocurrency entrepreneurs have moved away from centralized exchanges (CEX) in favor of the decentralized exchange (DEX), pushing the CEX-to-Dex ratio to a new high time.
The amount of trading in the spot in the Dexs advanced at least 25% in the second quarter of 2025 in the previous quarter, while CEXS volumes fell nearly 28%, According to In the latest report of the quarterly industry of Crypto Data Aggregator Coingecko.
This shift has pushed to Dex-to-CX The ratio to a record high in Q2, rising from 0.13 in the previous quarter to 0.23, the report was noted.
Despite the rising ratio, the area of the Dex market is smaller than CEX, with the top 10 decentralized trading platforms posting $ 877 billion in Q2 volume, compared to $ 3.9 trillion for CEXs.
BTCFI TVL jumps at 22x up to $ 7B, but trust remains an issue
Bitcoin -based financial decentralized (DEFI), often referred to as BTCFI, experiences significant growth but still faces challenges.
According to Defillma DataBased on Bitcoin (Btc) The total cost of the Defi Protocol locked (TVL) came from $ 304.66 million on January 1, 2024, up to $ 6.5 billion on December 31, 2024. As publication, Defillrama data shows that BTCFI has a TVL of $ 7.05 billion.
It translates to an increase of more than 22 times. A report shared by the Bitcoin Smart-Contract Layer Arch Network suggests that “this progress has been fualed through new protocol launch, emerging token standards, institutional flow, a major price rally that drives BTC to a high time, and the rise of liquid restoration.”
The results of the survey released in the report show that despite some of the solutions on the market, 36% of respondents did not interact with BTCFI due to a lack of confidence. One-quarter avoids interactions with BTCFI because of the risk and fear of losses. Most (60%) view smart-contract exploitation as the leading security risk.
Overall -Defi Market
According to Cointelegraph Markets Pro And tradingview data, most of the 100 largest cryptocurrencies by market capitalization ended the week in green.
The curve dao (CRV) Token is the largest gainer in the top 100, rising more than 63% in the past week, followed by stellar (XLM) token, up to 63%.
Thanks for reading our summary of the most affecting defi development of this week. Join us next Friday for more stories, perspectives and education about the dynamic advancement of this space.
