The News Tribune Weekly!
Great to have you here for another edition of our weekly newsletter, where we explore the most relevant and fast-moving topics shaping our economic and digital world.
Without further ado, let’s move on to point 1!
Crypto Regains Its Footing as Bitcoin Climbs Back Above $63K
The crypto market spent the week quietly rebuilding momentum, with digital assets starting to close the gap after lagging behind more stable traditional markets. It wasn’t a dramatic surge but a steady recovery that pushed sentiment in a better direction.
Altogether, the market added close to $200 billion in value over the week. Bitcoin led the move, pushing back above $63,000 after a recent dip, while Ethereum also recovered to above $1,800 for the first time in over two weeks.
A Gradual Shift Back Toward Buyers
What stands out most is how the tone has changed. After a period of weaker sentiment, softer ETF flows, and cautious positioning from large investors, buyers slowly began stepping back in around key levels.
Bitcoin’s 6.1% weekly gain put it ahead of gold’s 4.8% rise, while equities barely moved over the same period. The contrast wasn’t about one market exploding higher, but more about crypto finally catching up after trailing behind.
There’s also a sense that the recent move is more about stabilisation than anything extreme. Price action has been rebuilding rather than accelerating sharply, which is usually what happens when sentiment starts to reset.
ETF Demand and Selective Strength Return
Institutional flows added a bit more weight to the recovery. Spot Bitcoin ETFs saw $221.72 million in net buying in a single day — the strongest daily inflow in nearly two months. It wasn’t consistent across every session, but it did show that interest is returning in bursts.
Crypto-linked stocks also reflected the shift. MicroStrategy moved back above $100, while STRC climbed back toward $90, echoing the broader improvement in sentiment.
Overall, the week felt more like a reset than a breakout. Prices stabilised, buyers returned in select areas, and the market started to find its balance again after weeks of drifting.
🪙 Gold and Silver Jump After Weak US Jobs Data
The precious metals market reacted sharply after the latest US employment figures came in much softer than expected. The data suggested that the American labour market is losing steam, and that quickly shifted how investors are reading the Federal Reserve’s next moves. As expectations for tighter policy cooled, demand for gold and silver picked up almost immediately.
🌍 Weak jobs report changes Fed expectations
The US economy added just 57,000 jobs in June, a big miss compared to the 110,000 forecast by economists. At the same time, the unemployment rate climbed to 4.2%, reinforcing concerns that hiring momentum is fading.
This softer data pushed traders to rethink interest rate expectations. The probability of a September rate hike fell from around 66% to the low 50% range, according to market pricing tools. With lower rate expectations, the US dollar eased and real yields declined—both of which tend to support gold.
🥇 Gold holds steady while 🥈 silver surges ahead
Gold responded by moving up to about $4,174 per ounce, briefly touching $4,187. The move reflected renewed interest in safe-haven assets as investors adjusted to slower growth signals.
Silver delivered a stronger performance, rising about 7% from roughly $58.3 to $62.4 per ounce. Its gains were supported not only by investor demand but also by industrial usage in sectors like solar energy, electronics, and electric vehicles.
The shift also narrowed the gold-to-silver ratio to 66.9, showing silver gaining relative strength during the rally.
🏦 Big banks adjust forecasts, but long-term demand stays firm
Major financial institutions have started revising their expectations downward. Goldman Sachs trimmed its gold outlook to around $4,900, UBS lowered its projection to about $5,500, and JPMorgan reduced its Q4 estimate to $4,500, compared with much higher earlier targets.
At the same time, broader structural demand remains strong. Surveys indicate that a large share of central banks plan to increase their gold reserves over the coming year, as gold continues to be viewed as a stable reserve asset.
🔎 What happens next?
For now, the rally is being driven mainly by weaker economic data and shifting interest rate expectations. The next major trigger will likely come from inflation figures, which will determine whether this momentum continues or starts to fade.
Weekly Recap: The Headlines That Made a Splash!
Like every Monday, here’s your pick of last week’s crypto news that you absolutely shouldn’t have missed!
However, if you’re the type who likes to stay updated every day, we’ve got just the thing for you. We’ve set up a Daily on our Substack. In just five minutes, you’ll be fully in the loop on everything happening in the crypto world! 😎
🇧🇴 Bolivia moves away from the US dollar as Bitcoin gains attention
Bolivia has ended its long-standing peg to the US dollar, adopting a more flexible exchange rate after years of mounting economic pressure and declining foreign reserves. The policy shift has renewed interest in alternative financial assets, with Bitcoin drawing increasing attention alongside other digital currencies. Businesses, investors and policymakers are closely watching how the country's monetary transition could influence payment methods, savings strategies and broader financial activity during a period of significant economic adjustment.
👉 Read the article
🏛️ Coinbase, Ripple and crypto firms urge Senate to advance the Clarity Act
More than 200 companies and organizations from the digital asset industry, including Coinbase and Ripple, have called on the US Senate to vote on the Clarity Act. The proposed legislation aims to establish clearer rules for cryptocurrencies and define regulatory responsibilities across federal agencies. Industry participants argue that greater legal certainty would support innovation, investment and business development while providing a more consistent framework for digital asset markets.
👉 Read the article
⚖️ Binance and CZ face lawsuit from 1,700 UK investors
Binance and its co-founder Changpeng Zhao are facing legal action brought by approximately 1,700 investors in the United Kingdom. The case concerns alleged losses linked to cryptocurrency investments and raises questions about platform operations, investor protection and regulatory compliance. Court proceedings are expected to examine the claims presented by the plaintiffs as well as the responsibilities of the exchange and its executives under applicable laws.
👉 Read the article
🤖 Anthropic and OpenAI expand competition into scientific research
Anthropic and OpenAI are extending their rivalry beyond commercial artificial intelligence by increasing their presence in scientific research. Both companies are investing in advanced AI systems capable of supporting researchers across multiple disciplines, including biology, medicine and physics. New initiatives focus on improving reasoning capabilities, accelerating discoveries and strengthening collaborations with research institutions as competition grows in the development of next-generation AI models.
👉 Read the article
🐙 Kraken launches €1 million incentive ahead of MiCA transition
Kraken has introduced a one-million-euro incentive campaign ahead of the full implementation of the Markets in Crypto-Assets (MiCA) regulation. The initiative targets new users before the July 1 deadline, as exchanges adapt to the European regulatory framework. The campaign forms part of Kraken’s efforts to expand its presence in Europe while operating under the new licensing requirements. Market participants continue preparing for changes affecting crypto trading, custody services and digital asset operations across the European Union.
👉 Read the article
📊 Bitcoin ETFs end ten-day streak of investor withdrawals
US spot Bitcoin exchange-traded funds have ended a ten-session period of consecutive net outflows after recording fresh capital inflows. The reversal comes after sustained withdrawals across several investment products managed by leading asset managers.
👉 Read the article
🐶 Dogecoin approaches its first weekly bearish crossover in three years
Dogecoin is nearing its first bearish weekly crossover in three years as technical indicators point to weakening price momentum. Traders are monitoring moving averages and other chart signals to evaluate the cryptocurrency’s current trend.
👉 Read the article
🇪🇺 European crypto register reaches 280 MiCA-approved companies
The European register now includes 280 crypto companies authorized under the Markets in Crypto-Assets regulation as licensing continues across member states. The growing number of approved firms covers exchanges, custodians and digital asset service providers operating within the new regulatory framework. Authorities continue processing applications submitted by additional companies seeking authorization. The register provides an overview of businesses that have obtained permission to offer regulated crypto services across the European market.
👉 Read the article
🚀 Kraken expands xStocks with 30 new tokenized assets
Kraken has expanded its xStocks offering by adding 30 new tokenized assets, giving users access to a broader selection of equities through blockchain-based infrastructure. The new listings include shares from major publicly traded companies and are designed to increase the range of tokenized investment opportunities available on the platform. The expansion comes as interest in tokenized financial products continues to grow, with exchanges introducing new services that combine traditional markets with digital asset technology.
👉 Read the article
🟣 Polygon overtakes Solana and BNB Chain in stablecoin transfers
Polygon has surpassed Solana and BNB Chain in stablecoin transfer volume, reaching the highest level among the three networks during the period covered. The increase is driven by growing activity across payment applications, decentralized finance and blockchain-based transactions. Network usage continues to expand as users and developers rely on Polygon for stablecoin transfers, while transaction efficiency and ecosystem growth contribute to higher on-chain activity across the platform.
👉 Read the article
That’s the end of our weekly roundup! 😄
A big thank you for reading. We’ll see you next Monday with even more juicy news from the crypto world!
The Newsletter does not provide investment advice, nor does it offer recommendations to buy or sell financial securities. Any opinions or views that the Newsletter may express in the course of its research activities, particularly regarding markets and/or financial instruments, cannot be held financially liable. Any paid promotions will always be clearly indicated so as not to mislead the reader.
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