Crypto Moves: Ethereum Eyes $5K, MetaMask Evolves, Thailand Bets on Tourism
If you blinked this week, you probably missed a headline (or three).
Crypto doesn’t slow down, and neither do the changes shaping how we trade, spend, and invest.
Here’s what’s been making noise lately.
The Big Picture
Market Cap:
As of today, the global crypto market cap sits near $4 trillion, driven by strong investor optimism and clarity around U.S. regulation. This marks a significant rebound from earlier in the year, with Q2 alone seeing a 24% surge, the market climbed from $2.8 trillion in Q1 to $3.5 trillion by the end of June (Coingecko)
Who’s Flying? (24h)
Cronos(CRO): +31.8%
Solana(SOL): +7.3%
Jupiter Staked SOL(JUPSOL): +7.4%
Altcoins & the Macro Party
Ethereum Rallies to New High, Hunting $5,000
Ethereum has climbed past $4,900, its highest price in years, and is now just shy of the big $5,000 mark. The surge is being pushed by big investors buying in, new exchange-traded funds pouring billions into ETH, and clearer rules from regulators. In plain terms: more trust, more money flowing in, and more people believing Ethereum’s value has room to grow.
MetaMask Adds Google & Apple Login, No More Seed Phrase Hassle
MetaMask just made managing your crypto wallet simpler. Instead of wrestling with a long 12-word secret code, you can now log in using your Google or Apple account and a password. It’s easier, but still keeps your cryptocurrency safe, because only you have the full combination to get back in.
MetaMask Debuts mUSD: Its Own Dollar Stablecoin + Mastercard Spending
MetaMask is stepping up. Soon, instead of juggling crypto conversions, you’ll be able to use its own dollar-based token, mUSD, directly within the wallet. At first, it’ll work on Ethereum and Linea (a fast Layer 2), with plans to let users pay at stores via the MetaMask debit card. It’s simple, seamless, and takes Web3 tools one step closer to everyday life.
MetaMask’s pulling new tricks and Ethereum’s eyeing $5K. the stage is set, but one wrong step and the spotlight could burn instead of shine.
What's Making Waves?
Thailand’s TouristDigiPay Pilot: Spend Crypto Abroad with Ease
Thailand is launching an 18-month pilot program called TouristDigiPay, designed to help foreign visitors easily convert crypto into Thai baht for local spending, no merchant needs to touch crypto. It’s part of a push to revive tourism, offers regulated e-wallet access via secure QR payments, and includes safeguards like spending limits and no direct cash access.
Google Cloud Unveils a Blockchain for Big Finance
Google Cloud is building its own blockchain, the Google Cloud Universal Ledger (GCUL), set for launch in 2026. The goal is to make payments and settlements faster and smoother for businesses, but it also raises questions about centralisation when one giant controls the system. Either way, it’s proof blockchain is moving firmly into mainstream finance.
Medical Device Firm’s Stock Surges After Pivot to Solana, $400M Treasury Plan
A small, Nasdaq-listed medical device company, Sharps Technology, saw its stock nearly double after announcing a move to raise $400 million to buy Solana (SOL) tokens for its treasury. The strategy, backed by major crypto investors and a sweet 15% discounted deal with the Solana Foundation, marks another step in the growing trend of public firms treating crypto as part of their long-term reserves.
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Disclaimer: The information provided in this newsletter is for educational and informational purposes only and does not constitute financial or investment advice. Always do your own research and consult with a licensed professional before making any financial decisions.
