Bitcoin Miners Face $50 Billion AI Reality Check
@VanEck reports that Bitcoin miners’ shift to AI faces challenges, valuing firms based on “energized power”; companies like HIVE and Bitdeer show potential upside. #Update #Crypto $BTC
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Senators Urge Treasury to Include States in Stablecoin Process
U.S. senators urge the Treasury to include state regulators in the implementation of the GENIUS Act for stablecoins, emphasizing the need for clear certification processes. #Update #Legal $USDC
Uniswap Surges as AI and DeFi Trends Thrive
@Hyperliquid, @Uniswap, and @Worldcoin show resilience as other tokens stall; traders pivot towards AI and DeFi trends. #Update #Crypto $BTC
Coinbase Launches AI Advisor and Stock Options
@Coinbase expands its derivatives business with new perpetual futures, including pre-IPO contracts for SpaceX and AI firms. Introduces Coinbase Advisor, an SEC-registered AI investment tool. #Update #Crypto $BTC
Ethereum Launches Major Protocol Overhaul
Ethereum’s upgrade, Glamsterdam, enters final development, introducing Proposer-Builder Separation (EIP-7732) and Block-level Access Lists (EIP-7928), aiming to enhance scalability and alter transaction economics. #Update #Crypto $ETH
Ripple Invests in Flutterwave for African Payments
@Ripple invested in Flutterwave’s Series E funding round, valued at $3.2B, to integrate its RLUSD stablecoin for cross-border payments across Africa using the XRP Ledger. #Update #Crypto $XRP
Coinbase Launches Onchain Shares and Dividends
@Coinbase plans to launch tokenized stocks backed one-for-one by U.S. equities, enabling onchain ownership and dividends, differentiating from existing derivative-based offerings. #Update #Crypto $COIN
Binance Confirms Compliance Amid Greek Rejection
@Binance may face customer service limitations in Europe if its regulatory license application in Greece is rejected, despite claims of compliance with MiCA requirements. #Update #Crypto $BNB
Stablecoin Reserves Surge with New Fund Launch
@StateStreet launched the Stablecoin Reserves Money Market Fund, targeting stablecoin issuers as asset management competition intensifies. Initial investors include State Street Bank and Anchorage Digital. #Update #Crypto $USDC
Uniswap Surges 12.9% Amid Index Decline
The CoinDesk 20 Index is at 1829.21, down 0.7%. Top performers include $UNI (+12.9%) and $XLM (+2.7%), while $ADA (-3.4%) and $NEAR (-2.5%) lag behind. #Update #Crypto $UNI
Uniswap Surges 12.9% Amid Index Decline
The CoinDesk 20 Index trades at $1829.21, down 0.7%. Leaders include $UNI (+12.9%) and $XLM (+2.7%), while laggards are $ADA (-3.4%) and $NEAR (-2.5%). #Update #Crypto $UNI
USDC Powers AI to Build and Run Businesses
@LocusFounder enables agents to settle payments in $USDC directly into non-custodial wallets, eliminating bank intermediaries and allowing real-time transactions. #Update #Crypto $USDC
Polymarket Trader Doubles $4M to $9M
Mystery trader on @Polymarket turned $4.7M into $9M after Spain’s World Cup draw; another lost nearly $1M betting on a Spain win. Total trading for the match reached $64M. #Update #Crypto $USDC
Bitcoin Income Fund Launches with Cash Flow
@BlackRock launches a new bitcoin income fund as $BTC struggles at $67K, down 23% YTD. The fund targets income-focused investors and those seeking cash flow from crypto holdings. #Update #Crypto $BTC