Crypto markets pushed higher this week, with altcoins outpacing bitcoin amid a flurry of corporate and regulatory moves. In a fast-moving roundup: HYPE surged to a new all-time high near $55 as debate over native stablecoin proposals heated up, while WLD jumped roughly 40% after treasury-focused firm Eightco raised $250m for its reserves.
NASDAQ filed with the SEC to explore tokenisation of stocks, a move that could broaden institutional access to tokenised equities. Traditional and public companies are also adjusting allocations: Strategy purchased about $217m of bitcoin, and on-chain estimates suggest firms are buying roughly 1,755 BTC per day, even as large wallets reportedly sold around $12.7bn in BTC over the past month.
Security and governance headlines added friction to the rally. Ledger’s CTO warned after a supply-chain attack, and SwissBorg reported a roughly $40m breach. Regulators and lawmakers remained active — Congress requested a report on details of government BTC reserves, and the SEC’s crypto task force discussed intersections between crypto and AI. Geopolitically, Russia accused the US of “weaponising” stablecoins, underscoring how digital assets sit at the intersection of finance and policy.
Why this matters: tokenisation plans, large treasury buys, and prominent security incidents can all trigger rapid price moves and influence longer-term institutional adoption. Market conditions remain volatile; investors should weigh their risk tolerance, verify sources, and avoid acting on headlines alone.
Source: Decrypt. Read the original coverage for full details.