Weekly crypto news: Crypto treasuries dip, US government shutdown drags on, market crashes hard

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The road to success remains uncertain for the crypto market, as most coins were experiencing volatility at the time of writing. Bitcoin and Ethereum were flowing through a red river, with their prices down by 7.8% and 12.8% respectively, in the last week. The weekly crypto news world is packed with stories about blockchain alliances, stablecoin expansion, the US government shutdown, and more.      

Crypto treasuries dip in value 

Firms holding high amounts of crypto in their treasuries faced sharp losses in the wake of the falling crypto market. As analysts noted, these firms might have borrowed money or issued corporate bonds to get more crypto assets. When the market crashed, the price of crypto in treasuries also dipped, and as several firms had to sell crypto to cover the debt, it pushed down the price even deeper.       

Crypto market in turmoil

The global crypto market underwent a major fall with Bitcoin swinging between $99,000-$100,000 range as the macro-economic environment turned less favorable for crypto alongside stocks.  

US government shutdown continues

The US government deadlock that began on October 1, 2025, has dragged on for over 35 days, leaving uncertainty in government-related activities, including decisions concerning crypto matters. 

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Blockchain giants ignite payment revolution

Fireblocks, Solana, TON, Polygon, Stellar, Stellar, and Mysten formed a Blockchain Payments Consortium (BPS) to set common standards for crypto payments. 

Entrepreneur introduces new eco-friendly crypto

Entrepreneur John Ortmann and his team unveiled a new cryptocurrency — Bitcoin.ℏ. This crypto is more planet-friendly and is designed for eco-conscious investors.   

OpenAI urges US to expand CHIPS Act tax credit

OpenAI co-founder Sam Altman opined that the US should extend the CHIPS Act tax incentives for AI infrastructure beyond semiconductor manufacturers.

DeFi protocol forms alliance to advocate for blockchain innovation

Seven major Ethereum-based DeFi protocols united to form the Ethereum Protocol Advocacy Alliance (EPAA) to include their voice in global policymaking on decentralization and educate on the technology. 

The crypto market has been less happy than last month, as the majority of the coins reflected unhealthy price movements due to macroeconomic factors. Since crypto news often mirrors market behavior, the sector has been running out of optimistic stories. However, blockchain and DeFi protocol alliances have added some bullish emotions in the news world. 

Moreover, increased stablecoin adoption, Australia’s concern for tokenization, and Binance’s partnership with Buenos Aires to promote sensible crypto adoption have ignited the crypto realm.  

Disclaimer:
This article is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency investments are subject to high market risk. Readers should conduct their own research or consult with a financial advisor before making any investment decisions. The views expressed here do not necessarily reflect those of the publisher.

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