✅ The most important updates in a minute:
• Fidelity purchased 10,283 Ethereum worth $25.7 million
• Michael Saylor and Senator Lummis seek to eliminate the double taxation on Bitcoin miners and stackers
• The Smarter Web added $25 million to its Bitcoin reserves
• Over 1.25 million new tokens were launched on Solana in June, down 10.5% from May
• Deutsche Bank will launch a digital asset custody service by 2026
• Experts predict Bitcoin will rise to a new all-time high during July
• Bitwise renewed its target of $200,000 for Bitcoin by 2025
• DDC secured funding of up to $528 million to support its Bitcoin strategy
• Trump announced that DOGE will review government support contracts for Elon Musk
• The Senate approved the "Big Beautiful Bill" proposed by Trump
• CZ donated $10 million in BNB to support a vital open-source project by Vitalik
• The SEC announced it is considering converting the Grayscale fund to a spot ETF
• Traders on Polymarket predict a 46% chance that Musk will launch a new political party before the end of 2025
• Trump criticized Federal Reserve Chair Jerome Powell by saying "Anyone would be better than him"
• Figma revealed it owns nearly $69.5 million in Bitcoin ETF funds
• Chinese company Webus closed a deal for funding up to $100 million to accelerate its strategy with XRP
• Arizona's governor rejected project HB2324 regarding digital asset reserves
• UniCredit will offer a financial product linked to BlackRock's Bitcoin fund with full capital protection
• The SEC issued new guidelines on disclosure requirements for cryptocurrency exchange-traded funds
• Jack Mallers stated that his company will buy Bitcoin using cash flow, bonds, and ATMs
• The percentage of Bitcoin supply on exchanges dropped to its lowest level since August 2018 (14.5%)
• Bitcoin spot ETFs recorded net losses of $342.2 million, compared to inflows of $40.7 million to Ethereum
• The U.S. money supply M2 reached an all-time high of $21.94 trillion
• Bitget Wallet launched a payment card in partnership with Mastercard used at 150 million merchants globally
• Bybit launched its new platform Bybiteu compliant with MiCA for Europeans
• Ripple partnered with OpenPayd to launch the RLUSD stablecoin for institutional payment infrastructure
• DWS, a Deutsche Bank subsidiary, will launch a Euro stablecoin under MiCA legislation with Galaxy and Flow Traders
• Fidelity sold 1,630 Bitcoin worth $170 million
• Vitalik Buterin delivered a keynote speech at EthCC about the importance of decentralization
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