🧑‍💻 One of the most aggressive tokenomics overhauls in Layer 1 history. Plus Shelby — verifiable storage for AI workloads — went live on testnet.

The market still has not repriced this. The Top Trader L/S knows.

🇯🇵🧑‍💻 Japan to tokenize government bonds on blockchain.

🤔 #ETH Bitmine plans to reduce the pace of ETH purchases as they approach their accumulation target.

🇨🇳🤝 Nvidia, Apple, and Exxon CEOs to join President Trump on his trip to China.

🇪🇺⚠️ President Trump warned the EU to finalize a trade deal by July 4 or face significantly higher tariffs. #tradewars

🙅 $KAITO, $SENT, $SAHARA, $CAKE, $TOSHI, $AKT, $VET, $ANIME, $THETA, $ZK, $KERNEL, $BARD delisted from Coinbase futures

🇮🇷🤔 According to JPMorgan, amid the conflict with Iran, #BTC is becoming more attractive to retail investors than gold. Exchange-traded funds investing in #BTC continue to attract inflows, while gold ETFs struggle to recover outflows.

📊 Last time it turned, #BTC ran from $58K to $80K in 35 days. Today it sits at $81,500 with negative funding and ETF inflows accelerating.

Real on-chain capital is signaling. Most charts are still arguing about candles.

📌 Top 5 News for 24 Hour:

1. Four wallets linked to ParadigmCapital deposit $27.29M ETH into FalconX. →
👁 249 | ❤️ 0 | 🔁 4

2. ZachXBT accuses LAB founder of market manipulation. →
👁 184 | ❤️ 0 | 🔁 4

3. Matrixport-linked wallet deposits $17.3M $HYPE into HyperLiquid, sells $HYPE for $USDC →
👁 265 | ❤️ 0 | 🔁 3

4. Crypto market sentiment shifts as analysts predict price recovery. →
👁 290 | ❤️ 2 | 🔁 2

5. Grayscale rebalances funds, adds ENA, removes AERO. →
👁 214 | ❤️ 0 | 🔁 3

| | |

📊 Coinbase Reports $394 Million Net Loss as Q1 Revenue Falls 31%

According to Bloomberg, Coinbase reported a net loss of approximately $394 million in the first quarter of 2026, compared to net income of $66 million a year earlier. Revenue fell 31% year-over-year to $1.41 billion, following a 20% decline in the previous quarter, as weaker crypto prices and lower trading activity impacted results.

Coinbase also announced plans to cut about 14% of its workforce, with restructuring costs expected to reach up to $60 million. Additionally, Morgan Stanley has launched lower-fee crypto trading on its E*Trade platform, potentially increasing competitive pressure on crypto exchanges.

📊 Andrew Isaacs at Consensus with CEO Yana Prikhodchenko focused on launching NEYRO, a non-custodial agentic trading platform.

It allows users to run AI trading agents while maintaining full custody of their funds.

🇺🇸⚖️ Federal trade court rules President Trump's 10% global tariffs unlawful. #regulation

🇯🇵🏦 SoftBank is collaborating with Nvidia and Foxconn to develop domestically produced AI servers. This initiative is part of Japan's effort to enhance its advanced infrastructure.

🇺🇸🗣 Robinhood CEO Vlad Tenev states that the US is very close to passing the Crypto Clarity Act to ensure American dominance in digital finance.

🗽 Jack Dorsey’s Blocks made $1.7B in Q1 2026 from CashApp’s Bitcoin Ecosystem.
- Blocks SEC Filing #regulation

📊 #BTC X launches embedded cashtag charts and prices directly in posts:

bitcoin:native

👀 Founded by the DefiLlama Team, Crypto Media Outlet DL News to Shut Down at the End of May

DL News announced it will shut down at the end of May due to challenges in building a sustainable crypto media business. The company cited declining media traffic, adverse search and content distribution conditions influenced by AI, and reduced operational alignment with DefiLlama following an internal conflict in early 2023. Layoffs began in mid-April, and staff were informed on May 1 that operations would cease by month-end.

🥷 Bitcoin Core patches CVE-2024-52911 — its first memory safety bug — before disclosing it this week.

The vulnerability, affecting versions 0.14.0 through 28.x, allowed miners to remotely crash nodes with invalid blocks. Roughly 43% of active nodes were still vulnerable before version 29.0.

🐳 Whale 0xee25 opened a 3x long on 1.97M $TON ($5.39M) in the past 5 hours.

Liquidation Price: $0.944

🤔 Vitalik Buterin: Cryptocurrency Originated From Crazy Things

On July 3, 2025, Ethereum co-founder Vitalik Buterin stated in an EthCC speech video published by Cointelegraph that just as the early internet grew because of porn, crypto's early expansion through crazy events was acceptable.

However, he believes that since the crypto ecosystem is now widely recognized, blind expansion is no longer an automatic good. The industry needs a philosophical shift: instead of merely pursuing technologies like blockchains, builders should focus on achieving specific properties to build the right things.

🇺🇸🕵️ The U.S. Government (Brian Krewson Confiscated Funds) deposited 2,466 $UNI ($8,410), 152,925 $CRO ($10,689), and 1,589 $LINK ($15,703) into Coinbase Prime.