The race for institutional Ethereum treasuries is intensifying, with major corporate holders like BitMine Immersion Technology and SharpLink raising billions to acquire more Ether. BitMine seeks to raise $24.5 billion via an at-the-market stock offering, while SharpLink completed a $389 million capital raise. The demand for Ether is driven by whales accumulating assets ahead of significant U.S. inflation reports. Meanwhile, the U.S. federal debt has soared to $37 trillion, leading analysts to predict looser monetary policies that could potentially boost Bitcoin prices to an estimated $132,000 by end of 2025. Bitcoin has reached a new all-time high of over $124,000, further consolidating its status as a leading cryptocurrency amidst ongoing market speculation about its next moves. The Securities and Exchange Commission is also pivoting towards clearer crypto regulatory frameworks following the conclusion of its legal dispute with Ripple. Overall, the DeFi market is reflecting optimism, with most major cryptocurrencies trending upward this week.

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