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☕️ GM! Here are the top events in #Crypto from the past 24 hours 📊Market Updates 🔸SharpLink Gaming buys $463M in ETH, becoming second-largest holder after Ethereum Foundation. 🔸KuCoin launches SEC-approved exchange in Thailand after acquiring ERX, expanding regulated operations and offering fiat on/off-ramps locally. 🔸Walmart and Amazon are exploring US dollar-backed stablecoins to streamline e-commerce, with plans likely tied to the pending GENIUS Act. 🔸Shopify launches early access to USDC payments on Base via Coinbase, offering faster checkout, cashback perks, and broader crypto integration. 🌟Highlights 🔸Uphold eyes XRP staking via Flare by wrapping XRP as FXRP, with a beta test planned. US legal hurdles may delay rollout, CEO says. 🔸SEC names officials with crypto backgrounds to key roles under Chair Atkins, signaling a friendlier stance toward digital assets and innovation. 🔸Ripple and SEC file joint motion to end case and release $125M penalty. Ripple would recover $75M as both parties seek to avoid further appeals. 🔸US Senate to vote on amended GENIUS Act on June 17, aiming to regulate stablecoins as debate grows over political ties and industry influence. 🔸Charles Hoskinson proposes $100M ADA investment from Cardano treasury to support DeFi and stablecoins, aiming to boost adoption and ecosystem growth. 🔸SEC and Ripple file motion to release $125M escrow, ending their 4.5-year lawsuit. Ripple keeps $75M as both sides move to avoid further appeals.
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☕️ 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.
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You’re watching altcoins. But the real pump is happening in public stocks. Public companies are buying altcoins but not just for their portfolios… They’re pivoting their entire business models to crypto and their stocks are pumping like memecoins 📈 Here’s the alpha no one’s talking about 👇🧵
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What’s one altcoin you regret not selling earlier?
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☕️ GM! Here are the top events in #Crypto from the past 24 hours 📊Market Updates 🔸Peter Thiel-backed exchange Bullish files for US IPO as crypto firms rush to list amid renewed optimism under the Trump administration. 🔸Connecticut passes bill banning crypto use and reserves in government, joining states rejecting Bitcoin reserve proposals amid regulation fears. 🔸Ukraine submits bill to allow its central bank to hold crypto in reserves, aiming to boost stability and join global financial innovation. 🌟Highlights 🔸Bitcoin miner IREN plans $450M convertible note raise to fund hedging deals and working capital with an option for $50M more. 🔸Ethereum whale opens $11M long at $2,758 as ETH breaks out of bull flag. Trade now up $366K with 30 percent rally potential to $3,670. 🔸FTX users face delays unlocking $2.2B in disputed claims as KYC issues persist. Next repayment round may clear more pending approvals. 🔸ASTR becomes first interoperable token on OP Superchain via Chainlink CCIP, bridging Polkadot and Ethereum for broader DeFi integration. 🔸Stripe acquires crypto wallet firm Privy to expand in digital assets, following its $1.1B stablecoin platform Bridge deal earlier this year. 🔸Ondo expands tokenized treasuries to XRP Ledger, enabling OUSG redemptions via Ripple’s RLUSD as institutional RWA interest grows. 🔸PancakeSwap adds one-click crosschain swaps via Across Protocol, improving DeFi UX by reducing bridge risks across BNB, Arbitrum and Base.
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