Here are our top ten news stories for today:

🔸 The U.S. Securities and Exchange Commission has suspended the conversion of the Grayscale Digital Large Cap Fund into an ETF covering $BTC, $ETH, $XRP, $SOL, and $ADA, and is conducting further reviews.

🔹 OpenAI clarified that the "OpenAI token" is not a legitimate equity and stated that they have not partnered with Robinhood nor participated in any token creation.

🔸 President Trump stated that Federal Reserve Chairman Jerome Powell should "resign immediately."

🔹 The Trump family has earned at least $620 million from cryptocurrency investments, including token sales, Trump-branded memecoins, and a 20% stake in U.S. Bitcoin.

🔸 Standard Chartered Bank predicts that #Bitcoin will reach $135,000 by the third quarter and $200,000 by the end of 2025.

🔹 Italy's Banca Sella is testing stablecoin custody with Fireblocks, looking ahead to the next steps after summer.

🔸 Ripple has applied for a national banking license in the U.S.

🔹 BlackRock's Bitcoin ETF is currently generating more revenue than its S&P 500 index ETF.

🔸 U.S. Securities and Exchange Commission Chairman Paul Atkins stated, "Tokenization is an innovation. My entire goal is to make everything transparent."

🔹 Treasury Secretary Scott Bessen stated that if the impact of Trump's tariffs on inflation remains minimal, the Federal Reserve may cut interest rates in September or even earlier.