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🚨 News: Montana's House introduced Bill 429, proposing up to $50 million in investments in digital assets (like Bitcoin) with a market cap over $750 billion, by July 15, 2025.
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Evening News Update #Web3 📈 Binance to list $AGTUSDT perpetual contracts — leveraged trading incoming. 🇰🇷 South Korean presidential hopeful Lee Jae-myung proposes KRW stablecoin to curb capital outflow. 🎁 Binance Alpha: Redeem 15 points (with 193 total) for 1,000 $MERL airdrop! 🆕 Binance Alpha adds new project: $MERL (Merlin Chain). 🤝 Leaked doc: BlackRock–Circle deal bans Circle from issuing new stablecoins for 4 years. #Binance #merl #AGT
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📉【BTC Nears ATH — But Retail Is Missing?】 Matrixport: Bitcoin is approaching a new all-time high, yet retail traders remain on the sidelines: 🔸 Implied volatility is at multi-year lows 🔸 Funding rates are barely positive 🔸 Leverage usage by retail traders is significantly down 📊Take: This quiet bull run seems driven by long-term holders rather than retail hype. If sentiment flips, retail FOMO could fuel the next breakout. #bitcoin #BTC
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Battle for Digital Dominance: How China’s RMB and HKD Stablecoins Challenge the Dollar’s $160 Bil...
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Midday News Update #Web3 ⚖️ Genesis Global Capital is suing its parent company Digital Currency Group (DCG) to recover over $1B in transfers made within a year before bankruptcy. 📉 The SEC has postponed rulings on spot Solana ETF filings from 21Shares, Bitwise, VanEck, and Canary Capital, citing the need for more legal review. 🌍 Ripple has introduced cross-border payment services in the UAE, partnering with Zand Bank and Mamo. The platform supports stablecoins, crypto, and fiat for fast payments. 👮♂️Vladimir Smerkis, co-founder of Blum and former Binance exec, was arrested in Moscow for alleged large-scale fraud tied to early crypto projects. 📢 SEC Chair Paul Atkins supports clearer crypto rules New SEC chairman Paul Atkins says the agency will embrace crypto innovation and begin drafting rule proposals to end prolonged regulatory uncertainty. #SEC #PaulAtkins
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💳【Crypto Card + Tokenized Yield = Passive Income + Spending】 Digital asset platform DigiFT partners with Amber ($AMBR) to launch a crypto card integrated with UBS’s tokenized money market fund, uMINT: 🔹 Stablecoin holders can passively earn yield via RWA exposure to uMINT 🔹 uMINT is Ethereum-based, issued by UBS Tokenize, backed by real-world money market assets 🔹 Amber Premium users can spend directly via the Visa network 📊Comment: A textbook example of RWA utility + real-world payment integration. Stablecoins are moving from “idle storage” to “yield + utility.” #RWA #StablecoinYield
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