Bitcoin and HYPE could get $844M total windfall from 4 public US firms
DDC Enterprise and Fold Holdings have confirmed raises worth a total of $778 million as a biotech firm said it would raise $50 million to add HYPE as a treasury asset.
Bitcoin downside risk lingers, upside hinges on holding above $102K
Bitfinex analysts say Bitcoin’s current market conditions signal the asset “reversing course shortly after aggressive selling.”
Meta Pool hit with $27M exploit, but attacker flees with only $132K
Meta Pool says an early detection system discovered the exploit, allowing it to pause the affected smart contract and prevent further losses.
US Senate passes GENIUS stablecoin bill in 68-30 vote
The bill passed without amendments to address Donald Trump’s connections to World Liberty Financial’s stablecoin, which many Democrats had been calling for.
25% Bitcoin price rally set to follow today’s correction if history repeats
A Bitcoin price drop below $102,000 could be followed by a swift 25% rally to new all-time highs.
SEC opens Franklin Templeton XRP, SOL ETF proposals to comments
The Tuesday notices will push the SEC’s deadline to approve or disapprove of the ETFs to late July, though it could be delayed further at that time.
JPMorgan pushes JPMD pilot on Base, says deposit tokens beat stablecoins
Once the pilot phase ends, Coinbase’s institutional clients can begin using JPMD for transactions.
Ether price stable near $2.4K as crypto investors bet on long-term growth
Ethereum layer-2 growth and $830 million in spot ETH ETF inflows show investors’ true feelings even as the wider crypto market crumbles.
GENIUS Act could strengthen dollar power, write ‘rulebook’ for global financial system
After clearing a key procedural vote, the GENIUS Act faces a final decision in the Senate before moving to the House of Representatives.
Cycles eyes sustainable crypto credit after 2022 liquidity crisis
“The panic of ‘22 showed that much like in TradFi, liquidity and solvency are intimately bound up with each other,” said Cycles’ Ethan Buckman.