๐น Bitcoin ๐ Shatters Records
โ On Julyโฏ9, BTC surged past $112โฏ000, fuelled by $340โฏm in liquidated short positions. By Julyโฏ14, it peaked at $123โฏ000 on the back of robust spotโETF inflows totalling $14.8โฏbn YTD. Momentum remains strong amid rising institutional interest.
๐น US Crypto Bills Stall Again
โ Between Julyโฏ14โ16, three landmark billsโGENIUS (stablecoin regulation), CLARITY (crypto market oversight) and AntiโCBDCโwere stalled in the House. Despite high hopes, procedural roadblocks blocked progress. Political manoeuvring is underway to revive the effort.
๐น Mainstream Embrace of Stablecoins
โ Major banks and payment platforms, such as JPMorgan (JPMD), BNYรRipple and MastercardรCircle, are collaborating on stablecoin infrastructure. Industry analysts anticipate full rollout within 3โ5โฏyears.
๐น Global Spotlight on Crypto
โ Indiaโs central bank has begun drafting a crypto policy paper, closely watching global regulatory trends before deciding its domestic stance.
โ Emirates Airline has signed a preliminary agreement with Crypto.com to enable crypto payments by next year, reflecting the UAEโs forwardโleaning regulatory regime.
๐น Weekend MemeโCoin Twist
โ A playful yet intriguing event: $500โฏm in โOfficial Trumpโ memeโcoin tokens are due to unlock this weekend. Despite the anticipated frenzy, whaleโholders have made no moves to sellโkeep an eye out for possible price tremors.

NordFX Weekly Highlights:
โข Bitcoin continues breaking allโtime highs amid institutional ETF momentum.
โข US crypto legislation is gridlocked, but political talks may renew efforts.
โข Stablecoin infrastructure strengthens with major financial players onboard.
โข Crypto interest spans continentsโIndia to UAEโgaining mainstream recognition.
โข Memeโcoin unlocks add an unpredictable, entertaining spin.
Trade smart and keep your strategies sharp!
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