Bitcoin Rises as US Seeks $80B War Fund
The U.S. Department of Defense requests $80 billion for Iran war costs and other expenses, amid rising national debt boosting bitcoin’s hedge case. #Update #Crypto $BTC
Solana Tests $60 Support After Pullback
Solana is testing a crucial $60-$65 support zone after a market pullback, with potential for further decline if it fails to hold. #Update #Crypto $SOL
Ethereum Plummets as Arthur Hayes Sells 6K
Arthur Hayes has sold 6,000 $ETH at $1,690 after accumulating 5,900 $ETH at an average of $1,793, incurring a loss of $606K as the price struggles near $1,700. #Update #Crypto $ETH
Ethereum Solana ETFs: Morgan Stanley Sets 0.14% Fee
Morgan Stanley amends ETH and SOL ETF filings, setting a 0.14% sponsor fee, potentially undercutting Grayscale. Staking providers named include Figment, Galaxy, and Coinbase Canada. #Update #Crypto $ETH
OpenAI’s $50B Investment Halts Amazon Film
Amazon has shelved its Sam Altman film “Artificial” after investing $50 billion in OpenAI, seeking new distributors due to its unflattering portrayal of Altman. #Update #FilmIndustry
Crypto Bill Advances as Senate Schedules Meetings
The U.S. Senate is holding urgent meetings to advance the CLARITY Act, aiming for potential approval before the July 4 recess, despite challenges in legislative understanding. #Update #Legal $BTC
Aave Survives $8.45B Withdrawal Surge
@Aave survived $8.45B in withdrawals after the KelpDAO rsETH bridge exploit caused liquidity stress, raising concerns about DeFi’s stability despite its resilience. #Update #Crypto $AAVE
Bitcoin Surges to $63K Amid Fed Rate Hike Odds
Bitcoin ($BTC) rose above $63,000 as markets adjusted to a hawkish Federal Reserve stance and renewed US-Iran tensions, with a near 40% chance of a rate hike by July. #Update #Crypto $BTC
Bitcoin Wallpaper Malware Targets Steam Gamers
Kaspersky discovered malicious Wallpaper Engine downloads on Steam Workshop stealing Steam credentials and crypto wallet data, primarily affecting users in China and Russia.
SEC Seeks Public Input on Swaps
The SEC and CFTC jointly request public comments on derivatives definitions amid a legal battle over perpetual futures, potentially impacting crypto regulation. #Update #Crypto
Bitcoin ETFs Lose $91M Morgan Stanley Gains
Bitcoin ETFs saw $90.66M outflows, led by Blackrock’s $96.66M loss, while Solana and XRP ETFs gained $2.99M and $2.55M respectively, indicating selective demand. #Update #Crypto $BTC
Bybit Joins Fortune Crypto 100 Ranking
@Bybit has been included in Fortune’s inaugural Crypto 100 list, recognized for its AI and tokenization investments while serving over 80 million users and expanding regulatory compliance globally. #Update #Crypto $BTC
Binance Challenges MiCA Amid ECB Scrutiny
@Binance’s MiCA license application in Greece faces rejection amid ECB influence concerns, as reports suggest ECB President Christine Lagarde opposes Binance’s presence in Europe. #Update #Crypto $BNB
WhiteBIT EU Secures MiCA License in Austria
WhiteBIT EU secures MiCA license from Austrian Financial Market Authority, expanding regulated crypto services across the EEA under a unified framework. #Update #Crypto