The global cryptocurrency and blockchain markets move at breakneck speeds. We round up the most critical news items from the past week that are poised to influence asset prices and macro trends.

Key Weekly Headlines

1. Bitcoin L2 Deployments Accelerate

A series of Layer 2 (L2) network launches designed to run smart contracts on top of Bitcoin sparked market excitement, driving utility token values up.

2. Institutional Inflow Spikes into Ethereum

Major US investment houses expanded their capital allocations into regulated Ethereum trust products, signaling a revival in DeFi interest.

3. Major Web3 Gaming Alliances Formed

A collective of gaming studios announced a joint cross-chain token standard for interoperable in-game NFT items.

Weekly Summary & Outlook

Robust infrastructure builds and institutional backing point to a bullish mid-term macro outlook. Maintain caution ahead of next week’s macro rate announcements.