☕️ GM! Here are the top events in #Crypto from the past 24 hours

📊Market Updates

🔸SEC acknowledges filing for Canary Capital’s staked TRX ETF and delays decisions on other crypto ETF proposals, as expected by analysts.

🔸Major US banks including JPMorgan, BofA, and Citi are in early talks to jointly launch a stablecoin, pending US legislation outcomes.

🔸Strategy launches a $2.1B at-the-market program for its STRF preferred stock, aiming to use proceeds to buy Bitcoin and fund operations.

🌟Highlights

🔸Kraken will launch 24/7 tradable tokenized Apple, Tesla, and Nvidia stocks for non-US users, starting with Europe, LatAm, Africa, and Asia.

🔸SafeMoon CEO found guilty of fraud for misusing investor funds and faces up to 45 years in prison after federal conviction.

🔸FIFA partners with Avalanche to launch its own L1 blockchain, shifting from Algorand to boost Web3 adoption and scale for global fan use.

🔸JPMorgan doubts stablecoin supply will hit $1T soon, citing interest bans in US bills and slow real-world crypto adoption.

🔸Michigan introduces four bills to regulate crypto mining, allow state crypto investments, and ban CBDC advocacy by officials.

🔸CFTC’s Summer Mersinger says crypto perpetual futures could soon trade in the US as she prepares to lead the Blockchain Association.

🔸Solana DEX aggregator Jupiter unveils Jupiter Lend, a new lending protocol offering 90% LTV and low fees.