Crypto weekly is authored by maaria and david blumenfeld

PRICE CHANGE: WTD/YTD
- Crypto Market Cap ($4.1T): +1% / +20%
- BTC ($117,519): -1% / +26%
- ETH ($4,479): +6% / +34%
- SOL ($191): +5% / +1%
- UNI ($11.04): +1% / -16%
- OP ($0.76): -3% / -57%
- COIN ($317): +2% / +28%
- Tether Mkt Cap ($167B): +1% / +20%
- USDC Mkt Cap ($68B): +5% / +56%
- BTC / ETH Dominance: 57% / 13%

THIS WEEK IN CRYPTO
- Bitcoin reached $124,515 amid Fed rate cut optimism, then declined sharply following inflation data releases. Link Link Link

- Cryptocurrency market capitalization surpassed $4.1 trillion. Link

- ETH exceeded $4,500 for the first time since December, driven by growing institutional treasury demand. Link Link

- The SEC postponed decisions on Solana ETF proposals until October. Link

- Terra co-founder Do Kwon accepted charges related to the $40 billion TerraUSD collapse, facing a recommended 12-year sentence. Link

- Treasury Secretary Scott Bessent announced the government will accumulate bitcoin through future seizures rather than direct purchases. Link Link

- The Winklevoss twins' exchange Gemini filed for IPO, managing $18 billion in assets with $70 million first-half revenue. Link Link

- BlackRock's Ethereum ETF reached $10 billion assets fastest among non-Bitcoin funds. Link

- Stripe launched blockchain project "Tempo," led by Paradigm co-founder Matt Huang. Link Link

- Google Play now requires crypto exchanges and custodial wallets to register with local authorities across US, Europe, UK, and Canada. Link

- The Fed ended a Biden-era program scrutinizing bank digital asset involvement. Link

- Circle announced creating "Arc," a stablecoin-focused blockchain featuring sub-second settlement and USDC as gas. Link Link

- Citigroup exploring custody and payment services for digital assets and regulated stablecoins. Link Link

- Uniswap proposed Wyoming DUNA structure for governance tokenization with legal protections. Link