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💥 BREAKING: As the U.S. Treasury Department prepares detailed provisions for the Stablecoin Payments Regulation Act (GENIUS Act), Coinbase and the traditional banking sector are clashing head-on.
Over the next few weeks, Google Finance plans to show prediction market data from Polymarket and Kalshi directly in search results, starting with Labs users.
Whales sold over 500,000 BTC in the past year while institutions absorbed nearly 900,000, now holding 25% of supply and driving low volatility, though slowing inflows may risk a sharp correction.
https://t.co/2iFCJ9oBPr
Daily transactions on Ethereum are approaching all-time highs, marking the first return to 2021 levels, surpassing 1.25m transactions per day.
https://t.co/MW7sd5u8vm
Chinese chipmaker Nano Labs bought 74,315 BNB ($50m) at $672.45 each, aiming to hold up to 10% of BNB’s supply under a $1bn plan, raising its total digital asset reserves to $160m.
https://t.co/0BiPKT1GJ4
🇷🇺Russian state-owned Rostec will launch its Tron-based RUBx token and RT-Pay platform by year-end, enabling secure, legally backed digital ruble payments for businesses and individuals under full regulatory compliance.
https://t.co/67YHDtsdCJ
🇧🇷Brazil’s 2025 tax reform imposes a flat 17.5% tax on all crypto gains, including DeFi, NFTs, and offshore wallets, while raising the online betting tax to 18% and ending exemptions on fixed-income products.
https://t.co/PQz89dNsP1
Tether earned $5.2bn in 2024 from interest, lending, and fees, with 2025 reserves backed by 79.7% U.S. Treasuries, 8% other investments, 5.6% cash, 4.4% Bitcoin, and 2.3% gold.
https://t.co/0F0PxCQZDw
New FTX bankruptcy filings show users in 49 countries, including China—which accounts for over 82% of claims—may be excluded from compensation due to local crypto restrictions.
https://t.co/838BhO63mF
🇨🇳https://t.co/bimWwzp7Up and Ant Group have submitted proposals to China’s central bank to issue yuan-based stablecoins, with Ant also eyeing licenses in Hong Kong and Singapore to launch offshore RMB stablecoins.
https://t.co/yB9JTWugdi
BlackRock’s iShares Bitcoin Trust (IBIT), launched just 1.5 years ago, is now its 3rd highest-earning ETF with $191m in annual revenue, trailing only IWF and EFA, and nearing the top with strong inflows and a 0.25% fee.
https://t.co/ApRzvlysX9
The U.S. House will kick off “Crypto Week” on July 14, voting on key bills like the CLARITY Act, Anti-CBDC Act, and GENIUS Act to regulate crypto, curb surveillance, and promote blockchain innovation.
https://t.co/6CfR8zmdij
President Trump's "Big, Beautiful Bill" passed the House, advancing his second-term agenda with tax breaks, defense hikes, and $150bn for border security—despite projections of adding trillions to the national debt.
https://t.co/5mqWR205OO
The Open Platform (TOP), developer of Telegram Wallet on TON, raised $28.5m in a Series A led by Ribbit Capital at a $1bn valuation, with 5% equity and no crypto involved, to fund its U.S. and EU expansion and launch blockchain games and AI apps.
https://t.co/3sjd6PgOnd
New York law firm Pomerantz has filed a class action lawsuit against Strategy, alleging it misled investors about its Bitcoin strategy and failed to disclose the impact of new accounting rules, citing a $5.9bn unrealized Q1 loss.
https://t.co/NGoKKG9zML