Bitcoin has achieved a new all-time high, reaching $119,000, as it also recorded its highest weekly close ever. This surge comes amid significant institutional interest, including the Czech National Bank's purchase of $18 million in Coinbase shares during Q2, marking its first investment in crypto-related stocks. In other developments, ProShares is set to launch its XRP Futures ETF on July 18, 2025, according to a registration statement. Meanwhile, the Bank of England's Governor has cautioned banks against launching stablecoins, citing potential risks to financial stability and trust. Additionally, Ethereum has seen a record-high level of leveraged short positions, while the Ethereum Foundation continues to focus on scalability and privacy enhancements, as noted by Cathie Wood.