Sodium-Ion Battery Launches 20-Year Lifespan
CATL unveils a sodium-ion battery with 15,000-cycle durability, targeting EVs with up to 600 km range, leveraging synthetic carbon anodes to cut costs. #Update #Tech
Trump Family’s WLFI Nears Bank License Approval
Trump family-backed @WorldLibertyFi is set to receive OCC approval for a national trust bank license, enabling USD1 stablecoin operations amid political scrutiny and ethics concerns. #Update #Crypto $WLFI
Crypto Tax Approved by Illinois Governor
Illinois Governor JB Pritzker signed a $55.9 billion budget including a 0.2% tax on crypto transactions, despite industry opposition, potentially raising over $800 million for the state. #Update #Legal $BTC
Circle’s USYC Surges in $31.76B Market
Tokenized real-world assets hit $31.76B with @Circle’s USYC surpassing $3B and Blackrock’s BUIDL near $2.4B; liquidity risks persist. #Update #Crypto
Ripple Targets Africa’s $3.2B Payment Market
Ripple integrates RLUSD into @Flutterwave’s network, enhancing cross-border payments in Africa with $XRP Ledger for faster clearing. Flutterwave has processed over $50B in transactions. #Update #Crypto
Hyperliquid Open Interest Surges 32% This Week
Hyperliquid’s $HYPE open interest surged 32% to $3 billion, with a recent rally peaking at $76.90 before pulling back to $73 amid strong institutional demand. #Update #Crypto $HYPE
Bitcoin Ethereum Pair Rewards Launch
Gate adds RLUSD trading pairs with $XRP, $BTC, $ETH, and $USDT. Ripple highlights interoperability and capital efficiency benefits. Incentives aim to boost early demand. #Update #Crypto $XRP
Sui Stablecoin Transfers Surge to $65B
Sui processed $65 billion in stablecoin transfers after a gasless fee update, raising questions about sustained liquidity and user demand. #Update #Crypto $SUI
Senators Urge Treasury to Secure GENIUS Authority
A bipartisan group of U.S. senators, led by @CynthiaLummis, urged the Treasury to allow state regulation of stablecoin issuers under the GENIUS Act, impacting most stablecoins except Tether and USDC. #Update #Legal $USDC
Bitcoin Revolutionizes Global Finance Potential
Michael Saylor of @MicroStrategy highlights Bitcoin’s potential beyond payments, focusing on BTC-backed financial products for yield and stability in global markets. #Update #Crypto $BTC
Binance XRP Withdrawals Surge 53 Percent
Binance sees 53.2% XRP withdrawal dominance as leverage ratio peaks, indicating increased vulnerability to price swings. #Update #Crypto $XRP
Ethereum Contract Drained $2.1M Post-Shutdown
A legacy Aztec Connect smart contract was drained of 909 ETH (~$2.1M), highlighting risks of deprecated DeFi contracts. #Breaking #Crypto $ETH
Crypto Clarity Act Vote Set for July
David Nage predicts the CLARITY Act could reach the U.S. Senate floor by July, with bipartisan support and discussions focused on ethics provisions now underway. #Update #Legal $BTC
Bitcoin Revolution Saylor Unveils 5-Layer Stack
Michael Saylor outlines a five-layer framework expanding Bitcoin’s financial applications, emphasizing income, liquidity, and stability needs. The model positions BTC as Digital Capital. #Update #Crypto $BTC