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Senate Banking Committee Chairman Tim Scott predicts the CLARITY Act could boost the crypto market to $30 trillion, emphasizing banks’ interest in blockchain and stablecoins amid ongoing discussions for its Senate vote. #Update #Crypto $BTC
The Bangko Sentral ng Pilipinas bans virtual asset service providers from listing privacy coins, enforcing stricter screening and monitoring standards for all tokens offered. #Update #Crypto
Binance founder @cz_binance asserts crypto is thriving despite recent market declines, predicting a forthcoming “super cycle” for the industry. Bitcoin struggles around $64,000 amid volatility. #Update #Crypto $BTC
Eleanor Terrett claims the White House’s goal to pass the CLARITY Act by July 4 is “logistically impossible,” citing necessary bipartisan agreements and unresolved issues. #Update #Crypto $XRP
A macro analyst warns that a Bank of Japan rate hike could lead to a Bitcoin sell-off as cheap yen funding for risk assets reverses. #Update #Crypto $BTC
@Alliance co-founder Imran Khan criticized Kalshi’s new perpetual futures for $ETH, $XRP, and $SOL, claiming they may negatively impact on-chain liquidity by drawing traders to off-chain platforms. #Update #Crypto $ETH $XRP $SOL
Bitcoin surged from $63,500 to $63,949.08 as Donald Trump announced a US-Iran deal, potentially reopening the Strait of Hormuz. This geopolitical shift is impacting crypto sentiment. #Breaking #Crypto $BTC
USD.AI’s USDai protocol has paid over $20M in yield, with staking yielding 8% APY expected to rise as GPU-backed loans increase. Total USDai supply is approximately $201.1M. #Update #Crypto $USDT
The White House aims for the CLARITY Act’s passage by July 4, with ongoing discussions addressing concerns from Democratic lawmakers. Patrick Witt remains optimistic about progress despite low prediction market confidence. #Update #Crypto $XRP
Bittensor ($TAO) surged over 18% today, driven by US restrictions on Anthropic’s AI models, prompting investors to favor decentralized AI networks. Analysts predict the rally may continue. #Update #Crypto $TAO
The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit against New Mexico, seeking to assert jurisdiction over event markets including sports prediction contracts from @Kalshi, amid state gambling law enforcement efforts. #Breaking #Legal $KALSHI
Dogecoin ($DOGE) surged over 5% today as Elon Musk became the world’s first trillionaire following SpaceX’s IPO debut, which boosted the crypto market. Analysts debate if this rally can sustain. #Update #Crypto $DOGE
Ripple CEO @bgarlinghouse criticized JPMorgan’s Jamie Dimon for misrepresenting the Digital Asset Market Clarity Act, asserting that clarity in crypto regulation is essential for industry growth. #Update #Crypto $XRP
Bitcoin has surged past $64,000 as Iranian Foreign Minister Abbas Araghchi indicated that the U.S.-Iran Memorandum of Understanding is nearing completion, boosting optimism in the crypto market. #Update #Crypto $BTC
