☕️ 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.