Big moves for Bitcoin in DC, and it’s just getting started.
From the GENIUS Act to tax reform and BTC-backed mortgages, @BitcoinNewsCom breaks it all down in this week’s newsletter 🧠
🔗 https://weekly.bitcoinnews.com/p/washington-dc-can-t-stop-talking-about-bitcoin…
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From capital gains exemptions to Bitcoin-backed mortgages, DC is buzzing with Bitcoin proposals.
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Funds Rotate to Non-Fungible Token Sector! These 8 Well-Known Concept Coins Saw a Maximum Weekly Increase of 93%, While the Ace Project BAYC Only Rose 4%?
🔔Performance of 8 Non-Fungible Token Concept Coins in 7 Days:
#BLUR, +30%, Market Cap $280 Million;
#ME, +11%, Market Cap $140 Million;
#RARE, +11%, Market Cap $52 Million;
#PENGU, +11%, Market Cap $2.5 Billion;
#APE, +4.3%, Market Cap $560 Million;
#DOOD, +32%, Market Cap $42 Million;
#ANIME, +9.4%, Market Cap $200 Million;
#ZORA, +9...

These 8 well-known concept coins saw the highest weekly increase of 93%, while the ace project “Bored Ape” only increased by 4%?

According to Tokenomist, in the next 7 days, one-time large unlocks (unlocks exceeding $5 million) include <AVAIL> <VENOM> <ALT> <SAHARA> <SOON>; linear large unlocks in the next 7 days (daily unlocks exceeding $1 million) include SOL, WLD, TRUMP, TIA, Doge, TAO, AVAX, SUI, DOT, IP, MORPHO, Sei, ETHFI, JTO, NEAR, ENS, FIL, with a total unlock value exceeding $442 million.

Large amount of token unlocked this week

The pendulum of the cryptocurrency market seems to be swinging once again. After experiencing a historic Bitcoin rally driven by spot ETFs, the market's spotlight is quietly shifting. After reaching a high point since early 2021, Bitcoin's market dominance (BTC.D) has begun to decline, a subtle yet critical change that has countless traders and investors holding their breath, repeatedly asking the same question: Is the long-awaited <Altcoin Season> finally coming this time?

The Prelude to the Bull Market: A Familiar Melody of Capital Rotation
The evolution of the crypto bull market is not random, and often follows...