SEC Prioritizes Digital Assets Through 2030
The US Securities and Exchange Commission (SEC) has prioritized digital assets in its draft Strategic Plan for 2026-2030, seeking regulatory clarity and coordination with the CFTC. #Update #Crypto
Crypto Inclusion in 401(k)s Faces Lawmaker Pushback
Top Democrats urged the US Labor Department to halt plans allowing digital assets in 401(k) retirement plans, citing volatility and lack of regulation. #Update #Legal $BTC $ETH
Bitcoin Sinks Ethereum Set to Outperform
Standard Chartered’s Geoff Kendrick highlights Strategy’s $2.5M Bitcoin sale as a pivotal moment for Ethereum, predicting a 41% rise to $2,700 by year-end. #Update #Crypto $ETH
Bitcoin Classified as Capital in Court Ruling
South African High Court rules 1,680 bitcoins seized from Square Mangundhla as capital, conflicting with SARB’s crypto stance. Legal tensions expected. Legal
Crypto PACs Invest $3M in Maryland Elections
An affiliate of a political action committee supported by crypto firms has invested $3M in California ads ahead of the primaries, with significant funds still in play for Maryland later this month. #Update #Crypto
Bitcoin Bans Iranian Crypto Exchanges Amid Sanctions
The U.S. Treasury blacklisted Iranian crypto exchanges, including Nobitex, citing links to terrorism and sanctions evasion, following a $1 billion seizure from Iranian platforms. #Breaking #Legal $BTC
Bitcoin Ethereum XRP Liquidations Hit $1.5 Billion
The crypto market crash wiped out over $170 billion, leading to $1.5 billion in liquidations, primarily affecting long positions. Bitcoin fell to $66,000 amid rising oil prices and geopolitical tensions. #Breaking #Crypto $BTC (-8) ↘
Microsoft AI Models Surpass Google’s Best
Microsoft unveiled seven new AI models outperforming Anthropic’s Claude Sonnet 4.6 and Google’s Nano Banana 2, marking a shift towards proprietary AI development. #Update #Tech
Senators Warn $14 Trillion 401(k) Risk
Senators Sanders and Warren warn that a Department of Labor proposal could put $14 trillion at risk by allowing cryptocurrencies in 401(k) plans. #Update #Legal
Ethereum: Ethena Labs Launches Institutional Lending
@Anchorage Digital’s Atlas now manages collateral for @EthenaLabs’ lending, maintaining assets in qualified custody and expanding their partnership. #Update #Crypto
Stablecoin ETF Investment Boosts Coinbase Strategy
@Coinbase invests in ProShares ETF to enhance stablecoin reserves, aligning with the GENIUS Act’s requirements for liquid asset backing. Ongoing CLARITY Act discussions may impact future regulations. #Update #Crypto $USDC
Microsoft Launches OpenClaw AI Agent
Microsoft (@Microsoft365) launches Scout, an “Autopilot” agent built on OpenClaw, integrating into Microsoft 365 for seamless task automation. Work IQ APIs also announced to enhance organizational intelligence. #Update #Tech
XRP Value Surges with RLUSD Impact
XRP advocate Jake Claver argues Ripple’s RLUSD stablecoin enhances XRP’s role by adding dollar liquidity to the XRP Ledger, positioning XRP as a neutral bridge asset. #Update #Crypto $XRP
Bitcoin ETF Outflows Hit 11-Day Streak
Bitcoin ETFs lost $483.8M on June 1, led by @Blackrock’s IBIT outflows of $440.3M; XRP ETFs gained $4.1M, indicating selective institutional demand. #Update #Crypto $BTC