Cryptocurrency investor sentiment took another hit at the beginning of the week, when analytics providers revealed that the U.S. government made a $300 million crypto transfer to Coinbase Prime, in a potential sign of more selling pressure for digital assets.However, investor morale staged a marginal recovery as Galaxy Digital announced pledging up to $5 million in grants to open-source developers 👨‍💻, as part of the firm’s efforts to prepare Bitcoin for a quantum computing breakthrough.Elsewhere, Russia’s parliament gave preliminary approval to a bill that would establish a domestic cryptocurrency market framework, marking the country’s most significant regulatory move towards the crypto industry.Meanwhile, the U.S. Senate unanimously adopted a resolution opposing the offer of clemency to Sam-Bankman Fried, the former CEO of defunct FTX exchange 💥, which collapsed in 2022 and caused a shortfall of $8.9 billion for investors.Lastly, analytics providers pointed to early signs of demand from new Bitcoin buyers, signaling more foundational buying pressure as long as Bitcoin’s price manages to trade within the entry range of new investors.