📢 Crypto News of the Week | 11–18 June 2025 🇺🇸 GENIUS Act Approved On 17 June, the US Senate passed the first federal stablecoin law (68–30), requiring issuers to hold fully backed reserves in safe, liquid assets. The bill now moves to the House for final approval. 📈 Bitcoin Holds at $105K Bitcoin has traded steadily around $105,000, supported by softer US inflation data and solid institutional inflows, despite lingering Fed policy uncertainty. 📊 Altcoins Stay Strong Ethereum stays near $2,600, Solana trades around $147, and meme coins like Dogecoin have posted small but steady gains as risk appetite improves. 🏦 Institutions Keep Buying BlackRock added about 2,450 BTC to its holdings this week, fuelling optimism for sustained ETF-driven demand. Family offices worldwide report nearly 39% crypto exposure in their portfolios. 🌍 Political Moves & Regulation The Czech Justice Minister resigned after admitting to receiving 468 BTC (~€40M) from an ex-convict’s associate, raising money-laundering concerns. Meanwhile, Coinbase has formally applied to the SEC to offer tokenised stocks alongside crypto trading. In the US, top Republican figures reinforced support for crypto at the Las Vegas Bitcoin Conference, cementing the link between crypto and the MAGA movement. 🧩 Fun Fact of the Week Despite over 37 million cryptocurrencies created by June 2025, about 75% are inactive or abandoned, highlighting how crowded and speculative the market has become! ✅ Summary A landmark stablecoin law, steady bitcoin prices near $105K, healthy altcoin flows, and deepening political ties prove that crypto remains at the heart of finance, regulation, and headlines. 🚀 Stay tuned with NordFX for next week’s market pulse and top crypto developments!