The past week in the cryptocurrency and decentralized finance (DeFi) sectors saw a range of notable developments. Vitalik Buterin outlined a new privacy roadmap for Ethereum, while spot Bitcoin exchange-traded funds (ETFs) experienced renewed inflows. JPMorgan expanded its blockchain initiatives beyond USD and EUR transactions. Market activity included significant token volatility, with MANTRA's $OM token crashing 90% amid insider dumping allegations. Bitcoin miners were reported to be offloading BTC reserves, contributing to market fluctuations. The U.S. Securities and Exchange Commission (SEC) signaled potential comprehensive reforms in crypto trading regulations. Standard Chartered projected a 500% increase in XRP's value by 2028, despite a 41% downturn in the altcoin market, raising concerns about a possible crypto winter. In Asia, regulatory actions included South Korea blocking 14 cryptocurrency exchanges on the Apple App Store and Russia's Ministry of Finance recommending the development of a domestic stablecoin. Additionally, OSL facilitated the launch of Hong Kong’s first physical Ethereum fund in partnership with Huaxia Fund. Overall, the week reflected heightened regulatory scrutiny, market volatility, and ongoing innovation across the crypto ecosystem.