☕️ GM! Here are the top events in #Crypto from the past 24 hours
📊Market Updates
🔸SEC delays decisions on Dogecoin, Hedera and Avalanche ETF filings as approval for other altcoin ETFs like Solana appears to move closer.
🔸GameStop upsizes convertible note offering to $2.25B to fund corporate plans and Bitcoin buys, despite stock dropping over 22 percent.
🔸Anthony Pompliano may lead ProCapBTC, a public firm aiming to raise $750M via SPAC merger to buy Bitcoin, per Financial Times report.
🔸Coinbase plans to launch CFTC-compliant perpetual futures trading in the US, expanding its offerings during renewed crypto market optimism.
🌟Highlights
🔸SEC withdraws Gensler-era proposals targeting DeFi and crypto custody rules, signaling a shift to more industry-friendly crypto regulation.
🔸US Senate sets final vote on GENIUS Act for June 17, aiming to establish a stablecoin framework before advancing to the House for approval.
🔸Jack Ma’s Ant International plans to seek stablecoin licenses in Hong Kong, Singapore, and Luxembourg as part of its global crypto expansion.
🔸USDC stablecoin launches on XRP Ledger, enabling cross-DEX transfers via XRP. Circle aims to bridge crypto and traditional finance.
🔸Trident Digital plans $500M XRP treasury funded via stock and financing tools, aiming to generate yield and engage deeply with Ripple’s ecosystem.
🔸Australia bans financial adviser Glenda Rogan for 10 years after she misled clients and sent $9.6M to a crypto scam platform, ASIC alleges.