Crypto Markets Heat Up: Week 26 2025 in Review – Bulls Charge as Bitcoin Nears ATH
Bitcoin flirts with all-time highs while altcoins play catch-up—here's what moved the needle in a week packed with volatility.
DeFi Summer 2.0 or Just Hot Air? Yield farmers pile into new protocols as TVL spikes 40% month-over-month. Meanwhile, Wall Street 'experts' still can't tell a smart contract from a spreadsheet.
Regulatory Roulette: Three jurisdictions dropped crypto frameworks this week. Two embraced it, one banned it—guess which one hired ex-bankers as consultants?
NFTs Make a Comeback: Blue-chip collections surge 25% as bored whales rotate profits from meme coins. Because nothing says 'store of value' like cartoon apes.
The Close: With the Fed's balance sheet now 60% meme stocks and 40% Treasury bills, crypto remains the only market where transparency isn't just a buzzword.
Individual US states create Bitcoin reserves
Shortly after Trump took office, the US became one of the first nations to establish a strategic Bitcoin reserve – financed through previously confiscated coins. This set a dynamic in motion. This week, Governor Greg Abbott signed Senate Bill 21 (SB 21), making Texas the third US state with its own Bitcoin reserve. The aim of the legislation is to establish Bitcoin as a hedge against inflation and a tool for financial diversification. The reserve will be financed through a dedicated fund, separate from the general budget. Funds come from tax revenues, trading profits, donations, airdrops, or forks. Other states may follow suit.
Cryptocurrencies as equity for mortgages
The United States is stepping on the gas. Also this week, the Federal Housing Finance Agency (FHFA) instructed that crypto holdings at Fannie Mae and Freddie Mac will in the future be recognized as collateral for mortgages. The measure follows Trump’s vision of making the US the “crypto hub of the world.” Cryptocurrencies thus count as assets – provided they are held on regulated US exchanges. Integrating crypto wealth could grant more creditworthy individuals access to mortgages and breathe new life into the US real estate market, which has been dampened by high interest rates.
Another MicroStrategy clone
Michael Saylor’s successful bitcoin balance sheet strategy continues to inspire entrepreneurs. Now, longtime Bitcoin influencer Anthony “Pomp” Pompliano is planning a similar approach through a merger with a publicly traded SPAC: buying Bitcoin as a balance sheet asset, using debt financing, and accumulating more Bitcoin. The project is set to launch with up to USD 1 billion and aims to generate additional revenue through lending, derivatives trading, and similar financial services.
Turkish major bank expands crypto offering
Also noteworthy: Garanti BBVA Kripto – a subsidiary of the Turkish major bank Garanti BBVA – and Swiss technology provider Wyden have announced a strategic partnership. The focus is on expanding the digital asset trading offering for private and business clients. Garanti BBVA Kripto enables trading of various cryptocurrencies and crypto trading pairs in Turkish lira and US dollars. The offering is intended to expand local access to digital assets and provide Turkish investors with a seamless, efficient trading experience.
