Bitcoin gets a boost from Washington, while ETH & XRP face the heat - This Week in Crypto

SEC clears the air on Bitcoin mining rules

The SEC has confirmed that proof-of-work mining isn’t a securities transaction, offering long-awaited clarity for solo miners and pools - giving the US mining industry a shot of confidence amid ongoing regulatory pressure.

ETH dips as spot ETFs bleed $358M in outflows

Ether spot ETFs in the US have recorded 11 consecutive days of net outflows, shedding a total of $358 million as ETH’s price dropped nearly 7% over the same period. Despite the recent pullback, these ETFs still hold around $7 billion in assets and maintain a healthy $2.45 billion net inflow since launch. The outflows suggest short-term caution among investors, especially with ETH down 40% year-to-date, but the broader trend points to ongoing institutional interest - just with a sharper eye on volatility and market timing compared to Bitcoin, which continues to attract fresh capital.

US doubles down on Bitcoin as a national asset

At a packed crypto conference in New York, Trump pledged to make the US the “undisputed Bitcoin superpower,” backing earlier efforts to treat BTC like a national reserve. His short but pointed speech fired up the crowd and signalled stronger government support, which could drive major investor interest and global adoption - though political risks and economic swings still hang over the plan.

XRP dips after lawsuit win - buy the rumour or sell the news?

XRP surged after Ripple’s CEO announced the SEC is dropping its lawsuit appeal, marking the end of a years-long battle - but the price quickly dipped as traders took profits and awaited official confirmation. While technicals point to potential gains ahead, caution remains with volatility expected, especially as ETF speculation and broader market conditions come into play.

Crypto jumps after Fed call

The US Fed decided to keep interest rates steady and hinted at cuts later this year, which gave crypto markets a shot in the arm. Bitcoin and Ethereum led the way as investors felt more confident jumping back into riskier assets. Lower borrowing costs usually mean more money flowing into markets like crypto, but if the economy takes a turn, the rally could be short-lived. For now though, the mood’s pretty bullish.

Weekly Insight:

Bitcoin’s momentum keeps building - from clearer mining rules to growing government support - while ETH and XRP face short-term dips amid profit-taking and ETF jitters.