Bitcoin and Ethereum remain flat as TRON and Tether surge, while analyst predicts exciting price action.

Bitcoin and Ethereum remained flat for the fourth consecutive week, with TRON being the only top thirty cryptocurrency to rally, up 8%. TRON's rally appears to be linked to the climbing market capitalization of the US dollar-pegged stablecoin Tether, which is issued mainly on the TRON network. The International Organization of Securities Commissions released a report outlining policy recommendations for global crypto regulation, while the European Securities and Markets Authority and National Competent Authorities issued a statement advising investors and investment firms to understand the financial risks involved in trading cryptocurrencies.