Klang XRP

XRP, ride or die!

[Sui @SuiNetwork]

Sui public mainnet just reached a peak of 6M+ TPS.

Watch the livestream to see.👇

[Michaël van de Poppe @CryptoMichNL]

I'm looking to accumulate a lot of $SUI.

There are many reasons, and I don't think the current valuation reflects the underlying value of SUI.

Clearly, the markets have been in significant pain due to the recent bear market.

However, this is coming to an end, and that means it is important to be positioned wisely.

Note: I don't have a position in $SUI right now in my #Altcoin portfolio, but I'm looking to accumulate one.

There are many reasons for this, and I'll explain them in this post.

➡️ - Confidential and free transfers are coming to $SUI, and people underestimate the significance of this.

I do expect to see many autonomous agents deploying capital on the SUI blockchain to transfer freely.

Regardless, institutions will also be interested in deploying capital onto the platform.

➡️ - The team behind SUI isn't one you should underestimate. They have been building Libra within Facebook. Some of them have been building multiple applications you use on a day-to-day basis.

Of course, you're not going to bet against such a team to build something that is going to be valuable.

➡️ - $SUI has partnered with Paga, bringing tokenized real-world assets into Africa's largest payment networks.

A lot of people are worried about the upcoming unlocks on the protocol.

Let me tell you this as a fund manager and VC investor;
- These are mostly already hedged through different brokers as prices have been falling.

This means the marginal impact is close to zero.

Technically, the asset looks great, and I'll explain to you why.

Weekly timeframe - the overall picture

The recent crash has set new lows in the markets; however, the indicators haven't.

This means the markets are in an overstretched move to the downside, creating divergences across the board.

On the weekly timeframe for $SUI, you'll see it on both the RSI and the MACD.

This is one of the strongest indicators for a potential trend reversal.

An example of this is that the same setup appeared on BTC/USD earlier in 2022, at the actual bottom.

Secondly, the recent crash to prices below $0.83 has resulted in a technical 'deviation' below that low, with all the liquidity absorbed.

Reclaiming the level at $0.83 opens the doors to be continuing the run towards $1.50+. That's why it's on my shortlist for the altcoin portfolio.

The coming weeks are likely to provide a lot of upside as it returns to fair value.

[Mark @markchadwickx]

This is bigger than it looks.

The Major County Sheriffs of America, representing more than 120 million Americans, just shifted from opposing the CLARITY Act to neutral.

Their opposition was one of the biggest roadblocks in the Senate, reinforcing law enforcement concerns and stalling momentum.

With that hurdle now out of the way, the path to passage just got a lot clearer.

One more major hurdle down.

[𝗕𝗮𝗻𝗸XRP @BankXRP]

BlackRock just gave the US a wake-up call on crypto

Exec Joseph Chalom says if the CLARITY Act keeps stalling, Asia leapfrogs America and Singapore + Dubai are already building the frameworks Washington can't finish ⏳

Passage odds this year? Just 39%. The clock's louder than the debate

[Franklin Templeton Digital Assets @FTDA_US]

Tokenization = electronification 2.0.

Head of Franklin Crypto @perkinscr97 says expect slowly… then all at once.

via @Genfinity & @IOV_OWL

[Kyle Chassé 🐸 @Kylechasse]

Sui halted three times in 48 hours back in May.

Their response? Inviting the whole internet to break the network on purpose.

The Sui Tunnels experiment opens soon. A public stress test pushing TPS limits under real load.

Guys, that's a bridge company telling the whole city to jump on the new bridge at once.

You only do that if your engineers are confident, right?

This is going to be interesting...

[evernorthxrp @evernorthxrp]

Citi projects $5.5 trillion in tokenized securities by 2030, according to their tokenization report last month.

Roger Bayston, who leads digital assets at @FranklnTempletn, thinks that number might be too conservative.

New episode of The Meridian with @ashgoblue drops Wednesday. First look. 👇

This content is for informational purposes only and does not constitute investment advice. This content may contain forward-looking statements that involve risks and uncertainties; actual results may differ materially. Digital assets involve risk, including potential loss of principal. Learn more about Evernorth: https://t.co/f1nPiu69OG.

[CryptosRus @CryptosR_Us]

TODAY: CLARITY ACT CLEARS A KEY HURDLE 🇺🇸

The NDAA, NAAUSA, IACP, and National Sheriffs' Association have reportedly shifted from opposition to a neutral stance on the CLARITY Act's DeFi provision.

That's another step toward clearer crypto regulation in the U.S.

[Wu Blockchain @WuBlockchain]

Bloomberg: German Savings Banks and Cooperative Banks to Bring Crypto Trading to Millions of Retail Customers

Bloomberg reports that Germany’s crypto market could see significant growth in the coming months as regional savings banks (Sparkassen) and cooperative banks (Volksbanken) begin rolling out native cryptocurrency trading services to retail customers. The move will allow millions of Germans to buy and sell crypto directly through their existing banking apps, eliminating the need for third-party exchanges and further lowering the barrier to crypto adoption.

[Eleanor Terrett @EleanorTerrett]

🚨NEWS: The Major County Sheriffs of America (MCSA) has shifted to a “neutral” position on the Clarity Act after what it describes as “continued discussions in recent days regarding parts of Section 604,” aka the Blockchain Regulatory Certainty Act.

In a letter to Senate Banking leaders, @MCSheriffs says that, based on its continued review of the bill, there remains an opportunity to “further strengthen the legislation in ways that support responsible innovation and the practical needs of state and local law enforcement.”

[Jamie Coutts CMT @Jamie1Coutts]

The arsonists wants a bigger pay rise than the plebs to fix the fire they started

[Andreas Steno Larsen @AndreasSteno]

The Fed turned hawkish in June right as inflation was falling apart. Risk assets got punished for a policy mistake, not a deteriorating economy.

NowcastIQ has inflation rolling over decisively.. core goods, services, not just energy. When June CPI drops mid-July, the Fed pivots. September at the latest. USD reversal sets up metals, industrials, EM.

This is what Steno's Distillery does every week on Real Vision. One read, the regime, the implied trade. No bla bla bla. Two days left.. and the price you lock before midnight ET, 4 July doesn't move again.

[Xaif Crypto @Xaif_Crypto]

South Korea's biggest exchange, Upbit, and $XRP is running the show 👀 113,178M in volume, outpacing BTC's pace on the board

this is what Asia's dominance looks like right now

[Roman Storm 🇺🇸 🌪️ @rstormsf]

The gov't theory in my case isn't about me. It's a template.
Under US v. Storm, "money transmitting" no longer requires custody or control of funds. Publishing code that others use is enough.
Who's in danger:

→ Every maintainer of open-source privacy, messaging, or crypto tools that any bad actor ever touches
→ Every operator of a financial service — DeFi or not — who learns some % of users are illicit and keeps operating. Knowledge alone becomes the crime
→ Every dev of immutable, self-custodial software, held to a duty to "stop" what is technically unstoppable

It's already working as designed. Michael Lewellen finished lawful crowdfunding software and can't publish it. He asked DOJ if he'd be prosecuted. Their answer, in federal court: we "cannot disclaim an intent to prosecute."
Finished code, sitting on a shelf. You don't need to be charged to be silenced.

And SDNY isn't done with me. Prosecutors want to retry me regardless — regardless of the hung counts, regardless of Van Loon, regardless of FinCEN's own guidance.

I've been fighting this for 3+ years. Legal defense at this level costs millions, and I can't do it alone.
If you write code, use privacy tools, or believe publishing software isn't a crime — this is your fight too.
Donate: https://t.co/lx9E4ILDrn
Every retweet helps. Every dollar goes to the defense.

[Diana @InvestWithD]

🚨 FIRST Major Law Enforcement Organization OFFICIALLY Backs The CLARITY Act — Says It “STRENGTHENS Criminal Enforcement” 🤯🇺🇸🔥

The National Organization of Black Law Enforcement Executives (NOBLE) has become the FIRST major law enforcement organization to PUBLICLY endorse the Clarity Act. 👀

According to its letter, the legislation would:

👉 Give law enforcement NEW investigative capabilities
👉 Preserve long-standing criminal enforcement authorities
👉 Keep existing money laundering and unlicensed money transmission laws FULLY INTACT 😳

NOBLE also directly pushed back on concerns raised by other law enforcement groups… ⚠️

The organization says the bill does NOT WEAKEN the federal criminal authorities investigators and prosecutors rely on every day.🔥

PASS THE CLARITY ACT ✅

[John Squire 🇺🇸 @TheCryptoSquire]

🚨🇺🇸 CLARITY CAN’T WAIT 🇺🇸🚨

BlackRock warns that if the U.S. delays clear digital asset regulation, other countries will take the lead.

The global race has already begun.

The first to move will shape the future. 🚀

[Vivek Sen @Vivek4real_]

BLACKROCK CEO LARRY FINK SAID, "WE’RE NOT SPENDING ENOUGH TIME TALKING ABOUT HOW QUICKLY WE’RE GOING TO TOKENIZE EVERY FINANCIAL ASSET."

[Coin Bureau @coinbureau]

🎥WATCH: SHARPLINK CEO WARNS WHAT HAPPENS IF THE CLARITY ACT FAILS

Joseph Shalom talks about the 50% odds of the Clarity Act passing on July 4th and warns, "If it doesn't pass, Asia will write its own laws to get ahead of the US."

[Michael Egorov @newmichwill]

Wait @CurveFinance on @RobinhoodApp chain already?

Seems like no pools as of yet though, but probably s00n

[Curve Finance @CurveFinance]

Yes indeed, Curve is live on @RobinhoodApp chain. Happy to see major players joining the future!