🌐 Today's Major Headlines & Market Movements:
* Bitcoin's Price: Bitcoin (BTC) is trading around $103,951.51 USDT, showing a slight decline. The $105,000 mark is a key resistance level, and a "boring" summer with no new all-time highs before September is predicted.
* US Stablecoin Legislation: The US Senate has passed a stablecoin regulatory framework bill, now moving to the House. A White House advisor indicates it's "very close" to passing, potentially increasing demand for the U.S. dollar.
* BlackRock's BUIDL Fund: BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) is now accepted as collateral on major platforms like Crypto.com and Deribit, highlighting growing institutional interest in tokenized Treasuries.
* Lion Group Holding's Hyperliquid (HYPE) Strategy: Lion Group Holding secured a $600 million facility for a treasury strategy focused on Hyperliquid (HYPE), signaling significant investment in the area.
* Circle Valuation: Circle Internet Group's market valuation is $42.154 billion, with USDC circulation at $61.468 billion, meaning its valuation is approximately 68.5% of total USDC circulation.
Other Notable News:
* Barron Trump's Crypto Holdings: Reports suggest Barron Trump has amassed a $40 million cryptocurrency fortune.
* Acquisitions & Integrations: The Blockchain Group acquired 182 Bitcoin. Bybit launched TradFi integration, offering gold, forex, stocks, and crypto in one app.
* Exchange News: BTCC Exchange is celebrating its 14th anniversary with a new user badge program.
* Security Concerns: An Iranian crypto exchange suffered a $90 million hack, reportedly by an Israeli group.
Market Trends:
* Market Cap: The overall crypto market cap is approximately $3.35 trillion, with a slight 24-hour dip.
* Dominance: Bitcoin dominance is around 64.0%, and Ethereum dominance is approximately 9.3%.
* Sentiment: The market sentiment is "Neutral" according to the Fear and Greed Index.
* Geopolitical Risk: Analysts suggest the rising risk of Iran closing the Strait of Hormuz could cause further crypto volatility.
