Crypto Weekly Roundup Covers Market Swings, Regulations and Updates

State Street, JP Morgan $100M Blockchain Deal

State Street has joined JP Morgan’s Kinexys blockchain platform with a $100M tokenized debt purchase marking a big step in digital finance. As one of the world’s largest asset managers, State Street’s move shows that blockchain isn’t just hype.

It can make debt markets faster, safer, and more efficient. This partnership proves smart contracts and instant settlement could reshape global bond trading for banks, businesses and investors.

ETH Hits ATH on Powell’s Dovish Pivot

Ethereum jumped to $4,933 after Fed Chair Jerome Powell hinted at a September rate cut during the Jackson Hole Symposium boosting investor confidence. The news pushed ETH up 13% in a day, with strong monthly and yearly gains.

BlackRock and other big players are buying in showing rising institutional demand. While profit-taking pulled it back to $4,700, analysts see $5K as the next big target if momentum holds.

Fed’s Lisa Cook Resists Trump Firing Push

President Trump has shaken up U.S. markets by trying to fire Fed Chair Jerome Powell and removing Governor Lisa Cook, who openly refused to step down and calling his move illegal. At the same time, Trump threatened huge tariffs on China, adding pressure on global trade.

These aggressive actions have sparked debates on Fed independence, market stability, and how far Trump may go before the 2026 elections.

Ryan Gentry’s $200M SPAC Eyes Digital Assets

Ryan Gentry, former Lightning Labs executive, has launched a $200M SPAC called Bitcoin Infrastructure Acquisition Corp, aiming for a Nasdaq listing. Backed by Meteora Capital and a board of top crypto veterans, the SPAC will target companies in Bitcoin, digital assets, Web3 and financial infrastructure.

The move highlights growing institutional interest in blockchain, giving mainstream investors access to opportunities once limited to private funding rounds.

Eric Trump Predicts Bitcoin at $1M

Eric Trump predicted at the Bitcoin Asia 2025 conference that BTC could hit $1 million, citing rising institutional demand and Bitcoin’s limited supply. He shows that his company mines nearly 3% of daily BTC output, making it a major player in the Crypto industry.

While prices recently dipped from a $124K high, strong backing from firms like MicroStrategy and BlackRock suggests investors still see long-term growth ahead.

Trump’s India Tariffs Shake Trade & Crypto

President Trump has announced a 50% tariff on Indian goods which is doubling previous duties and sparking tensions over India’s oil trade with Russia. PM Modi strongly rejected the move vowing to protect India’s farmers and industries.

Global markets reacted sharply with stocks and Crypto sliding as investors feared a wider trade war. BTC fell below $110,000 showing how political uncertainty is shaking both traditional and virtual assets.

US Shifts GDP Data to Blockchain

The US government will start publishing GDP and other economic data on blockchain to improve trust and transparency. Using cryptographic ledgers and time stamps reports like GDP inflation and jobs data will be tamper-proof and instantly accessible.

Supporters say this move reduces errors, cuts costs and prevents manipulation. While cybersecurity and governance questions remain, the shift could set a global standard for transparent economic reporting.

Google Cloud Backs Blockchain for Finance

Google Cloud has launched GCUL , a Python-based Layer 1 blockchain platform aimed at transforming finance. Designed for enterprise developers GCUL simplifies smart contract deployment and supports faster transparent financial settlements.

Currently in private testnet, it builds on Google’s Universal Ledger project and competes with solutions from Stripe and Circle. The platform seeks to enable banks and institutions to adopt blockchain technology efficiently while ensuring high performance reliability and scalability.

CR7 Memecoin: Ronaldo’s Launch Rumors

Rumors of a Cristiano Ronaldo CR7 memecoin stirred Crypto forums in August 2025 but no official announcement has been made. Scammers quickly launched fake tokens on chains like Solanac causing rapid price surges and crashes tricking investors.

Experts warn these coins have no whitepaper, utility or team and are likely pump and dump schemes. Until Ronaldo or his team confirms all CR7 tokens should be treated as fraudulent.

Metaplanet Stock Halves Amid $3.8B BTC Push

Arthur Hayes, BitMEX co-founder, predicts stablecoins could reach $10 trillion by 2028 , driving massive growth in decentralized finance. His blog highlights Hyperliquid, HYPE, ENA and ETHFI as potential high-gain tokens while Codex aims to act as a Crypto-native bank with transparent reserves.

Hayes admits not all past predictions were accurate but he believes early adopters of these Crypto DeFi projects could see outsized returns as speculation and adoption accelerate in the coming years.

Conclusion

This week’s Crypto and finance news shows rapid innovation, market volatility and rising institutional interest. From blockchain adoption and SPACs to BTC predictions and Crypto regulatory moves investors face both opportunities and risks in a fast-evolving digital asset landscape.