🗣 Goldman Sachs CEO David Solomon says it’s time to advance the CLARITY Act.

🗣 #ETH Ethereum is currently undervalued, trading 17% below its realized price. However, only two out of five indicators have hit historical bottoming levels, suggesting that the bottom may not be in yet. While selling pressure is decreasing, capitulation has yet to occur.

🆕 #BTC Strategy has established the "Bitcoin Security Consortium," with founding members including BlackRock, Coinbase, Galaxy, Anchorage, ARK Invest, Blockstream, Block, and Digital Asset.

The consortium members have collectively committed to allocate $15 million over the next three years to support Bitcoin developers and security research.

🇺🇸📝 USA - Chicago Fed National Activity Index (June) = -0.2 (expected +0.14 / prior -0.1) #macro

🇺🇸📝 USA - Initial Jobless Claims = 187K (exp 211K / prev 208K)

USA - Continuing Jobless Claims = 1.796M (exp 1.809M / prev 1.805M) #macro

🇺🇸📝 USA - Chicago Fed National Activity Index (June) = -0.2 (expected +0.14 / prior -0.1) #macro

💰 Google $GOOGL discloses holding $94 billion worth of SpaceX $SPCX stock.

🇺🇸👀 Crypto #ETF Flows Today:

Bitcoin ETFs:
1D NetFlow: +1,064 $BTC (+$69.28M)
7D NetFlow: +10,891 $BTC (+$709.47M)

Ethereum ETFs:
1D NetFlow: +37,753 $ETH (+$71.88M)
7D NetFlow: +84,364 $ETH (+$160.63M)

📈 Brent crude oil hits $100 per barrel for the first time since May.

🕵️ Abraxas Capital deposited 2,211 $BTC ($143.88M) into Kraken and 30,825 $ETH ($59.19M) into Binance over the past 8 hours.

🗣 Goldman Sachs CEO says it's time to pass the Crypto Clarity Act.

🆕 $BILL live on Robinhood spot

📉 Elon Musk's SpaceX $SPCX hits post-IPO low, falling under $115

💸 #HYPE Elon Musk’s SpaceX ($SPCX) is down 9.36% today.

A Hyperliquid whale is holding a long position of 122,000 $SPCX (~$13.58M) and is currently sitting on an unrealized loss of $1.80M.

Position:
• Size: 122,000 $SPCX (~$13.58M)
• Entry: $126.04
• Market Price: $111.29
• Liq Price: $22.27

Address: 0x35270069b7a3c6d8c2caf73965f07a8a8b051e16

💸 #HYPE Elon Musk’s SpaceX ($SPCX) is down 9.36% today.

A Hyperliquid whale is holding a long position of 122,000 $SPCX (~$13.58M) and is currently sitting on an unrealized loss of $1.80M.

Position:
• Size: 122,000 $SPCX (~$13.58M)
• Entry: $126.04
• Market Price: $111.29
• Liq Price: $22.27

Address: 0x35270069b7a3c6d8c2caf73965f07a8a8b051e16

🇺🇸🆕 Sen. Cynthia Lummis provided an update on the CLARITY Act, stating that Democrats want State AGs to have the ability to sue elected officials. Senators expressed opposition to this idea, indicating it will be a struggle. Fortunately, Thom Tillis is collaborating with Democrats to support the ethics provision.

🕵️ 500,000,000 $USDT (499,685,250 USD) transferred from Binance to Tether Treasury.

🗽 Federal Reserve now projected to raise interest rates twice this year.

🕵️ 500,000,000 $USDT (499,920,000 USD) transferred from Tether Treasury to Binance.

👀 Goldman Sachs warned Brent crude could climb above $120 per barrel in Q4 if disruptions to the Strait of Hormuz persist.

🕵️ 500,000,000 $USDT (499,942,000 USD) transferred from Binance to Tether Treasury.