Cryptocurrency markets enjoyed a broad rally this week, led by gains in major coins, whilst investor attention remained focused on uncertainty over upcoming US crypto laws.
Bitcoin (BTC) rose over 5% last week to surpass $95,000, while Ether (ETH) gained around 6.6% on developments related to leading Ethereum financial firms.
According to Farside Investors, U.S. spot Bitcoin exchange-traded funds (ETFs) also made a roaring comeback, with the funds posting 4 consecutive days of positive net inflows totaling around $1.7 billion.
Despite the value recovery, market sentiment was influenced by developments in Washington. U.S. Sen. Cynthia Lummis said the Senate Banking Committee is predicted to delay its development of the long-awaited CLARITY Act, laws to create a market structure framework for digital assets.
Coinbase CEO Brian Armstrong was amongst those that raised concerns about several provisions related to tokenized stocks and decentralized finance in the present bill.
Bitcoin ETF inflows, USD million. Source: Farside Investors
Senator Lummis expects delay in splitting crypto market structure: Bloomberg
US Senator Cynthia Lummis reportedly expects the US Senate Banking Committee to postpone its hearing on crypto market structure laws after Coinbase withdrew support for the bill.
There were already some rumors a couple of delay within the CLARITY Act Senate markup on Wednesday, which were reinforced after an X article by Bloomberg reporter Steven Dennis on Wednesday evening. Dennis explained:
“Lummis informs me that their suggestion and expectation is that the surcharge be withdrawn in the intervening time. It is the choice of the banking chairman, Tim Scott.”
Senate impeachment was scheduled for Thursday at 10 a.m. Eastern Time.
Cointelegraph contacted Scott's office for comment but didn’t receive a right away response.
Source: Steven Dennis
Lawmakers have been consulting with banking and crypto industry representatives on the provisions of the CLARITY Act for several weeks.
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BitMine invests $200 million in YouTuber MrBeast's Beast Industries
BitMine Immersion Technology has agreed to take a position $200 million in Beast Industries, the entertainment company founded by YouTube star Jimmy Donaldson, higher often called MrBeast. This is one among BitMine's largest non-core capital investments up to now.
BitMine will make a $200 million equity investment in Beast Industries, the corporate announced Thursday.
Donaldson runs a network of YouTube channels which have a combined total of greater than 450 million subscribers, in keeping with publicly available figures.
“MrBeast and Beast Industries is, in our view, the leading content creator of our generation, with a reach and engagement unparalleled amongst GenZ, GenAlpha and Millennials,” said Thomas Lee, Chairman of BitMine. “Beast Industries is the biggest and most modern creator-based platform on the planet and our corporate and private values are strongly aligned.”
The company didn’t disclose the scale of the stake BitMine will acquire, the valuation of Beast Industries, or any governance rights related to the investment
The corporations said the deal is predicted to shut on Monday.
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Perp DEXs will “eat” expensive TradFi in 2026: Delphi Digital
Perpetual Decentralized Exchanges (DEXs) are gaining traction as traders turn to blockchain-based platforms that promise lower costs and fewer intermediaries than traditional centralized trading venues.
Perp DEXs are blockchain-based venues for trading perpetual futures contracts, allowing traders to bet on the value of the underlying asset with leverage and no expiration date.
Crypto research firm Delphi Digital said in its 2026 outlook that perpetrator DEXs will proceed to capture market share from traditional financial products. It has been argued that a decentralized infrastructure is structurally more efficient than legacy systems, that are fragmented and expensive to operate.
“Now Hyperliquid is constructing native lending. Perp DEXs could grow to be brokers, exchanges, custodians, banks and clearinghouses all at the identical time,” Delphi Digital wrote in a Tuesday post, adding that competitors like Aster, Lighter and Paradex are “trying to catch up.”
Source: Delphi Digital
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Trump-affiliated company World Liberty is bringing $3.4 billion value of stablecoins to crypto lending markets
World Liberty Financial, a decentralized finance project linked to the family of US President Donald Trump, has entered the cryptocurrency lending market, highlighting renewed interest in on-chain lending as regulatory clarity improves.
According to a Bloomberg report, the brand new product, called World Liberty Markets, was launched on Monday and allows users to borrow and lend digital assets. The platform relies on USD1, World Liberty's US dollar-backed stablecoin, and its governance token WLFI.
Users can deposit collateral including Ether, a tokenized version of Bitcoin, and major stablecoins reminiscent of USD Coin (USDC) and Tether (USDT). The platform is designed to support each lending and borrowing activities inside a single on-chain marketplace.
Zak Folkman, co-founder of World Liberty, told Bloomberg that more forms of collateral can be added over time, potentially including tokenized real-world assets (RWAs). He also said the corporate is exploring partnerships with prediction markets, cryptocurrency exchanges and real estate platforms.
World Liberty Financial USD (USD1) has been growing rapidly with a market cap of $3.4 billion. Source: CoinMarketCap
The lending follows World Liberty's recent application for a national trust bank charter with the U.S. Office of the Comptroller of the Currency. The company said the charter would support broader adoption of USD1, which is already used for cross-border payments and treasury operations.
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DeFi quietly parts ways with Discord as scams flood public channels
Decentralized finance (DeFi) protocols are ditching public Discord servers, arguing that the platform has grow to be more of a liability than a community hub.
The move drew attention on Wednesday after DeFi lending protocol Morpho said it had moved its public Discord server to read-only mode and as a substitute redirected users to alternative support channels. The move reflects growing concerns that Discord has grow to be a preferred hunting ground for scammers targeting crypto users.
The concern isn't just limited to Morpho. The pseudonymous founding father of DeFi data platform DefiLlama, 0xngmi, said they’ve quietly reduced their reliance on Discord in favor of more controlled communication tools.
Several developers say the goal is to maneuver from always-on chat rooms to structured support systems designed to guard users somewhat than maximize engagement.
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Source: Anton Cheng
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Overview of the DeFi market
Most of the highest 100 cryptocurrencies by market capitalization ended the week within the green, in keeping with data from Cointelegraph Markets Pro and TradingView.
The privacy-preserving Dash (DASH) token was the week's biggest gainer, rising 136%, followed by the Monero (XMR) token, which gained 49% last week.
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Total value locked in DeFi. Source: DefiLlama
Thank you for reading our roundup of essentially the most influential DeFi developments this week. Join us next Friday for more stories, insights and knowledge on this dynamically evolving field.
