CFTC Approves Most Sports Contracts
The CFTC proposed a rule defining sports event contracts as gaming, banning five categories but allowing most. Event listings grew from 220 in 2021 to over 8,000. Legal
SUI Crashes After Resistance Rejection
SUI faces continued bearish pressure, failing to break resistance at $0.747-$0.855, with key support at $0.65-$0.49 crucial for potential stabilization. #Update #Crypto $SUI
Crypto Scams Prompt Federal Lawmaker Action
US lawmakers introduced a bill for a DOJ-led task force to combat cryptocurrency theft and scams, aiming to enhance coordination among federal and local agencies. #Update #Legal $BTC
Bitcoin Prepares for Quantum Threat Now
Coinbase’s quantum advisory council urges blockchain communities to plan post-quantum migrations, highlighting 7 million $BTC at risk from future quantum attacks. #Update #Crypto $BTC
Citi Launches Blockchain Marketplace for Shares
@Citigroup is launching a blockchain marketplace for private company shares, initially for foreign investors, using tokenized depositary receipts to enhance transparency in pre-IPO investing. #Update #Crypto
CLARITY Act Gains Momentum for Senate Vote
A White House meeting discussed the CLARITY Act, focusing on the Blockchain Regulatory Certainty Act (BRCA), ahead of a potential Senate vote before August. Key lawmakers seek Democratic support. #Update #Crypto $BTC
Ethereum Treasury Offers 9.5% Payout Amid $8.5B Losses
@BitMine is offering 3 million shares of 9.5% Series A perpetual preferred stock to raise up to $300 million amid $8 billion in unrealized ETH losses, potentially deepening its Ethereum treasury strategy. #Update #Crypto $ETH
Ripple CEO Challenges JPMorgan Over Crypto Bill
Ripple CEO Brad Garlinghouse criticizes JPMorgan’s Jamie Dimon for opposing the Clarity Act, suggesting Dimon aims to protect JPMorgan’s interests against crypto competition. #Update #Crypto $XRP
Bitcoin ETFs Crash $249M HYPE Funds Surge
Bitcoin ETFs saw $213.9M outflows, led by @Blackrock’s IBIT; Ether ETFs lost $35.6M. HYPE and XRP ETFs gained $4M combined, indicating selective demand. #Update #Crypto
SpaceX Launches $75 Billion Record IPO
@SpaceX prices shares at $135, raising $75 billion in largest-ever IPO, with a valuation of $1.8 trillion and 18,712 bitcoins worth nearly $1.2 billion. #Update #Crypto $BTC
XRP Ledger Launches Peso-Backed MXNB Stablecoin
@Bitso is integrating its MXNB stablecoin on the XRP Ledger with Ripple’s support for US-Mexico enterprise payments, enhancing cross-border transactions valued at $935.1 billion in 2024. #Update #Crypto $XRP
JPMorgan CEO Praises Mexican Economy Growth
JPMorgan CEO Jamie Dimon met with Mexico’s President Claudia Sheinbaum to discuss economic growth amid USMCA review, highlighting investment opportunities. #Update #Economy
CFTC Approves Hyperliquid Perpetuals Trading
@Kalshi has launched Hyperliquid (HYPE) perpetual futures trading, approved by the US CFTC, with zero fees for a limited time. HYPE price surged over 10% to $59.40. #Update #Crypto $HYPE
Ethereum Traders Target $1.6K Range Lows
Ether ($ETH) futures open interest at @Binance reaches a record 3.7 million ETH, with rising long positions despite a 44% price drop in 2026, indicating improved market sentiment. #Update #Crypto $ETH