The U.S. House will revisit a bill to overturn an SEC rule that critics say hampers crypto firms’ banking access. Initially vetoed by President Biden, the bill could reshape crypto custody services. Discussion set for July 9. #CryptoRegulation
Traders are eyeing $XRP, $BTC, and $MATIC for potential bull runs. XRP’s RSI of 32.08 suggests undervaluation. $BTC’s RSI of 28 indicates oversold conditions, and $MATIC’s RSI of 30.90 hints at a bullish reversal. #Update
Mantra ($OM) surged 8% in 24 hours, while MultiverseX ($EGLD) rose 3.5%, defying Bitcoin sell pressure from the German government’s BTC liquidation. Mantra’s RSI suggests more upward potential with a $703.4M market cap. #CryptoUpdate
Cardano ($ADA) surged 3.4% in 24 hours, reaching $0.3571 amid a broader market recovery. Whale accumulation and technical analysis suggest a bullish trend with potential resistance at $0.50. Market cap stands at $12.6B. #Update #Cardano
XRP, @Ripple’s native token, rose 4.3% in 24 hours despite market volatility. Technical indicators are mixed, but a bullish crossover between 5-day and 20-day averages is notable. Current price: $0.43. #Crypto #Update
Meme coins $BONK, $WIF, $BRETT, and $PEPE surged over 15%, while Bitcoin rose 3% to $56,713. $BONK now trades at $0.000022 with a market cap of $1.52B. The global crypto market cap increased by 3.2% to $2.08T. #Update
Decentralized finance needs refining to rival traditional banking. DEXs face liquidity fragmentation and volatility, but platforms like Stabble on Solana are improving AMM models and addressing impermanent loss. Greater financial autonomy is on the horizon. #Update #DeFi
Crypto investor Will Clemente predicts @Coinbase stock could hit $1,700 per share, valuing it at $400B. Current price is around $222. Regulatory changes could boost it further. Coinbase’s key role in U.S. crypto adoption is pivotal. #Update #crypto
Multicoin Capital pledges up to $1M to back pro-crypto Senate candidates via the Sentinel Action Fund. Donations matched 100% in $SOL until July 14. Supported candidates: Sam Brown, David McCormick, Bernie Moreno, Tim Sheehy. #CryptoPolitics
WienerAI ($WAI) has raised $7M in just three months, offering crypto trading insights via an AI bot. Priced at $0.000725, it boasts a 160% APY from staking, with 6.4B tokens staked. SolidProof audit adds security. #Update
Helium Mobile, founded by Amir Haleem, Shawn Fanning, and Sean Carey, uses blockchain-based hotspots to expand wireless services globally. Their $20/month 5G plan and partnerships with Google and Solana are driving growth. #Update #WirelessTech
The Bankman-Fried family is caught in a $100M political donation scandal involving misappropriated FTX funds. Emails show Joe Bankman advising on these illegal actions. Sam Bankman-Fried serves 25 years; Ryan Salame gets 7.5 years. #Update #FTX
Northern Data, backed by @Tether_to, faces fraud allegations from ex-directors amid US IPO plans. Whistleblowers claim financial misconduct and tax evasion. KPMG raised liquidity concerns. IPO could value AI/data center biz at $10B-$16B. #CryptoNews
Hackers stole $1.38B in crypto in H1 2024, nearly doubling the $657M taken in H1 2023, per @trmlabs. Major breach: DMM Bitcoin lost 4,500 BTC ($300M). Phishing scams rose 6.44%, totaling $300M. #CryptoSecurity #Update
