Chung Daily Note - 2025/6/24
Happy Tuesday! Keep the momentum going—small steps lead to big wins! 🔥
💡@infinex now supports up to 3 passkeys per account for added security and backup access!
Top 5 Mindshare on @arbusai
1. @yapyo_arb - 2.61%
2. @virtuals_io - 2.52%
3. @KaitoAI - 2.47%
4. @cookiedotfun - 1.81%
5. @base - 1.71%
Some highlights from today's note
🔸Powell says rate cuts are off the table due to expected inflation rise this year
🔸Powell says banks can freely engage in crypto
🔸Crypto rules of the road framework unveiled by Republican senators
Read More Below 👇
---
📰 News
• Powell says rate cuts are off the table due to expected inflation rise this year
• Powell says banks can freely engage in crypto
• Ex-Coral Capital execs aim to raise $100M via Build & Build Corp to buy $BNB for treasury strategy
• @NanoLabsLtd (Nasdaq: NA) becomes a $BNB-only reserve, committing $500M to BNB
• ProCap buys 3,724 BTC for $386.5M at $103.8K each, a day after its $1B merger announcement
• @chainlink and Mastercard team up to enable 3B+ cardholders to buy crypto onchain
• @Polymarket close to raising $200M at $1B+ valuation
• Crypto rules of the road framework unveiled by Republican senators
---
📖 Good Reads
• @PineAnalytics - This Week in Crypto (06/23/25)
• @__lostin__ - Real World Assets on Solana: A Comprehensive Overview
---
🎉 New Protocols
• @nectraxyz
• @Keyring_Network
---
💰 Crypto Fundraising
• @digitalassetcom (Blockchain Service) - 135m Strategic led by @Tradeweb @DRWTrading
---
💵 Airdrops
• @MagicNewton is live to claim & stake
---
💡Videos & Podcasts
• @mrblocktw - Peace may be fake, but the pump is real! Forget who's right or wrong — Topic Discussion (Ep. 1219)
• @KevinWSHPod - Why I Invested $10M on this SINGLE Crypto - Scytale Founder | DROPS E10
---
😇 Opportunity
@Lombard_Finance’s $LBTC is now the 4th largest BTC derivative, behind BitGo, Binance, and Coinbase, with 64% DeFi utilization and integrations with protocols like @sparkdotfi, @build_on_bob, @katana, and @TacBuild
That's all!