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Three HUGE things happening in #Crypto Next week:

1️⃣ Will #Biden Veto SAB 121 Repeal?
He said he would, but after a 60-38 vote (with his own Majority Leader against him), he has just 10 days to decide!

2️⃣ Will #Gensler Approve the ETH ETF?
Everyone's betting on a 'no,' but with Dems realizing their anti-crypto SEC chair might cost them the election, Thursday's decision could be a game-changer!

3️⃣ Will the House Pass the #FITBill?
Major crypto legislation, led by a pro-crypto Republican contingent, is up for a vote by Wed/Thurs. Will it pass?

Who's pro-#crypto? Who's anti-crypto? Next week holds the answers as politicians scramble. Crypto is gaining momentum and becoming a key election issue. 📈

Stay tuned—next week will be pivotal for crypto in politics! 🚀💥

#CryptoNews
Top #CryptoNews This Week

1️⃣ #Grayscale's #GBTCETF nets $28.195 million, while #Fidelity's #FBTC leads with $379 million inflow.

2️⃣ SEC Chair #Gensler suggests slow #ETHETF approval, criticizes #cryptoexchanges' activities as unconventional.

3️⃣ ECB cuts rates by 25 basis points, forecasts inflation increase, expects moderate easing amid strong domestic pressures.

4️⃣Bank of Canada cuts rates to 4.75%, aiming to support economic growth amid declining #inflation.

5️⃣#Bitpanda partners with Deutsche Bank for real-time #crypto payments, enhancing German user experience.

6️⃣ #Robinhood to acquire Bitstamp for $200 million, subject to regulatory approval, expanding global presence

7️⃣ #Bybit opens registration for mainland China users, causing internal panic; aims to tap into new markets

8️⃣ Chinese student sentenced to 4 years for #Memecoin fraud; issued BFF causing losses over 50,000 USDT

9️⃣#Vitalik Buterin criticizes celebrity involvement in crypto, calls for focus on public interest initiatives
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🔵Gary #Gensler, SEC chair, spoke at Bloomberg Invest Summit. He mentioned the #EthereumETF approval process is progressing smoothly.

🔵He Claims "there's nothing inconsistent about #crypto securities and the securities laws," as they relate to #cryptocurrency.

🔵Highlights that many crypto tokens are considered securities.

#Ether #CryptoNews
Top #CryptoNews in Past 12 Hours

1️⃣SEC Chairman
#Gensler stated that the #EthereumETF review "progressing smoothly" but gave no completion date.

2️⃣
#VanEck waived fees for its #Ethereum #ETF until 2025 or $1.5 billion in assets, then 0.2% fee.

3️⃣Florida Republican Congressman Matt Gaetz introduced a bill for federal income taxes to be paid via
#Bitcoin.

4️⃣Bitcoin spot ETFs had a net inflow of $31.0131M on June 25 after 7 days of outflows.

5️⃣Two men sentenced for manipulating
#HYDRO cryptocurrency price.

6️⃣German Government transferred 250 BTC (125 BTC each)( $15.42M) to
#Bitstamp and #Kraken. & transferred 345 BTC ($20.99M) to Flow Trader; wallet holds 45K BTC remaining.

7️⃣
#Binance Will delist $SHIB, $LINK, $Blur, $MEME, $Metis, $NFP, and $OSMO;

8️⃣ Bowman lost NY 16th election to George Latimer; Fairshake's $2M anti-Bowman ads signal pro-crypto influence.

9️⃣SEC Chair
#Gensler's comment on crypto executives going to jail criticized by industry leaders, including #Ripple CEO.
Top #Cryptonews This Week

1️⃣ Powell Indicated Possible Rate Cut

Jerome #Powell suggested a potential rate cut in September if inflation met criteria.

2️⃣ Bank of England Reduced Rates

The Bank of England cut interest rates to 5% for the first time in over four years.

3️⃣ Bank of Japan Increased Rates
The Bank of Japan raised its policy rate to around 0.25% during its meeting.

4️⃣ Trump Proposed Bitcoin Changes
#DonaldTrump vowed to fire #Gensler, establish a #Bitcoin reserve, and support #crypto innovations.

5️⃣ Harris Campaign Reached Out to Crypto Leaders

#KamalaHarris’s team engaged with crypto figures to shape future regulatory frameworks.

6️⃣ Senators Proposed Bitcoin Purchase Plan
Senator #CynthiaLummis introduced a plan to buy 1 million bitcoins over five years.

7️⃣ Vitalik Outlined Ethereum’s Future
#VitalikButerin emphasized building apps and proposed innovative ideas at EDCON2024.

8️⃣ Musk Denied Crypto Promotion Intent

#ElonMusk stated he had no intention to promote cryptocurrencies, clarifying any mentions were jokes.

9️⃣ Snowden Warned on Bitcoin Privacy
Edward Snowden highlighted Bitcoin’s traceability and urged improved privacy measures.

🔟 MicroStrategy Reported Loss, Increased BTC Holdings
#MicroStrategy reported a $102.6 million loss but increased Bitcoin holdings to 226,500 BTC.
Top #CryptoNews of This Week

1️⃣SEC Chair Gary
#Gensler congratulated Bitcoin whitepaper's 16th anniversary, stressed regulation continued

2️⃣
#Ripple co-founder Chris Larsen donated $10 million in XRP to support Harris’s campaign

3️⃣
#Vitalik criticized Michael Saylor’s regulatory capture advocacy as nonsensical and misaligned with principles

4️⃣
#BlackRock ETF’s Samara Cohen revealed 75% of Bitcoin buyers were Wall Street newcomers

5️⃣
#Tether’s profits surpassed BlackRock last year, showcasing stablecoins’ rising importance in #crypto

6️⃣Stripe acquired stablecoin platform Bridge for $1.1 billion, expanding its crypto adoption efforts

7️⃣Binance CEO announced Tigran Gambaryan's release from Nigerian detention after eight months

8️⃣Kraken planned to launch its own blockchain, Ink, for DeFi services in 2024

9️⃣Argentina's CNV unveiled draft regulations for Virtual Asset Service Providers to enhance user protection

🔟Over $20 million was transferred from a U.S. government wallet to a suspicious address