🇺🇸 U.S. lawmakers are pushing back on federal oversight of prediction markets.

• A group of 17 Democratic senators is urging Congress to limit the CFTC’s authority.

• They want to block federal funds from being used to sue states over prediction market regulation.

🐋 An Ethereum whale is making another major bearish bet.

• The whale previously nailed the October 2025 crash with a profitable short.

• Now, it has returned with a fresh $19.7M 20x leveraged ETH short.

Crypto News | Today's Key Updates 🚨

📰 Cathie Wood says AI will revolutionize healthcare through early disease detection. ↳ Source

📰 SpaceX will join the Nasdaq-100, becoming one of the fastest additions to the index. ↳ Source

📰 Ethereum is no longer a top 100 asset ranked by market cap. ↳ Source

📰 Spain says there will be no extension to the July 1 MiCA deadline for crypto exchanges. ↳ Source

📰 17 Democratic senators urge Congress to block CFTC funding for lawsuits against states over prediction markets. ↳ Source

📰 21Shares sells $1.8M worth of HYPE, marking its first recorded exposure reduction. ↳ Source

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One trader turned a tiny bet into a massive win in just 10 days.

• Trader 2M2vLX turned $4K into $539K, delivering a 135x return.

• He bought 25.99M $ANSEM with 56.4 SOL 10 days ago.

• After the rally, he exited with a profit of roughly $535K.

📊 Avalanche network activity surged in Q2.

• AVAX recorded 707K new addresses during the quarter.

• That’s 6x higher than the number of new addresses added in Q1.

"Coinbase" has significantly improved AI efficiency.

• AI spending was reduced by nearly 50%.

• Despite lower costs, token usage continued to grow.

Billionaire Jeremy Grantham says Bitcoin will fade away “with a whimper.”

• Bitcoin has survived countless bearish predictions over the years.

• Since 2013, more than 400 headlines and posts have made similar calls.

Crypto News | Today's Key Updates 🚨

📰 Lummis says she is confident the CLARITY Act will be passed. ↳ Source

📰 Base has patched the bug behind its blockchain outage and is now focused on further testing and improvements. ↳ Source

📰 Jeremy Grantham says Bitcoin will eventually fade away despite years of similar predictions. ↳ Source

📰 Coinbase cut AI spending by nearly 50% while AI usage continued to grow. ↳ Source

📰 Chinese hedge fund managers warn the AI super bubble is nearing a burst. ↳ Source

📰 IRGC says it targeted eight U.S. military sites in response to U.S. strikes on Iran. ↳ Source

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AI is rapidly reshaping digital publishing.

• Around half of books published through "Amazon" e-book service are reportedly AI-generated.

• The rise of AI content is accelerating across the publishing industry.

🇮🇳 India is facing a growing stablecoin supply crunch.

• Shortage of USDT and other stablecoins has pushed the USDT premium above 8.5%.

• Higher premiums are making crypto purchases more expensive and reducing market liquidity.

📊 Bitcoin may be showing early signs of a bottoming phase.

• BTC is showing its first meaningful signs of internal market reset.

• While conditions are improving, more market stress may still be needed before a full reversal.

Crypto News | Today's Key Updates 🚨

📰 BitMine says Strategy's larger Bitcoin reserve strengthens MSTR during BTC drawdowns. ↳ Source

📰 Bybit will gradually limit some services for EEA users while maintaining access to their assets. ↳ Source

📰 Strategy sold $1.2B in MSTR last week without buying more Bitcoin, retaining 847,363 BTC. ↳ Source

📰 TRUMP: Iran has requested a meeting. It will take place tomorrow in Doha. ↳ Source

📰 Saylor has approved the sale of up to $1.25B of BTC to fund Strategy’s USD Reserve. ↳ Source

📰 Ukraine transfers $8.3M in seized USDT to state management amid crypto reserve plans. ↳ Source

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📉 Lack of fresh capital continues to weigh on the market.

• Low sidelined liquidity suggests limited buying power for a sustained rally.

• Any near-term bounce may be a technical rebound rather than a true trend reversal.

A major whale appears to be rotating capital from HYPE into ETH.

• The a16z-linked whale deposited 77,402 $HYPE worth $5.18M into exchanges.

• At the same time, it withdrew 485 $ETH worth $782K, signaling a shift toward Ethereum.

🇺🇸 Trump is doubling down on his pro-Bitcoin stance.

• He reaffirmed his goal of making the U.S. the Bitcoin superpower and global crypto capital.

• Key initiatives include a Strategic Bitcoin Reserve and a more crypto-friendly regulatory framework.

Crypto News | Today's Key Updates 🚨

📰 Nasdaq selects Pyth to bring TotalView market data onchain. ↳ Source

📰 Today marks the final day before the EU’s MiCA deadline, with 244 crypto firms authorized across the EEA. ↳ Source

📰 OKX launches OKX AI, a marketplace for autonomous AI agents. ↳ Source

📰 Australia's crypto Travel Rule takes effect July 1 for all transfers. ↳ Source

📰 UK FCA finalizes crypto rules, requiring licensing by February 2027. ↳ Source

📰 Visa, Stripe, Mastercard, BlackRock, and Coinbase back the new OUSD stablecoin. ↳ Source

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⚠️ FOMO into celebrity coins can get expensive fast.

• One trader spent $50K USDC to buy 2.47M $TJR at the top.

• After "TJR Trades" said on livestream it wasn’t his coin, $TJR crashed.

• The trader exited with just $4.8K, losing roughly $45K in only 10 hours.

Solana ecosystem growth continues to accelerate.

• Solana now hosts over 1,000 apps and processes more than 100M transactions daily.

• "Circle" has minted another 1B $USDC on Solana, signaling rising stablecoin demand and network activity.

U.S. liquidity just saw a major expansion.

• U.S. M2 money supply reached a record $23.1T in May.

• It surged by $247.8B, marking the biggest monthly increase since 2021.

Crypto News | Today's Key Updates 🚨

📰 Citi cuts its 12-month Bitcoin price target to $82,000 from $112,000. ↳ Source

📰 Taiwan passes a crypto law establishing rules for exchanges and stablecoin issuers. ↳ Source

📰 Elon Musk says short-term market dips are normal and AI-driven productivity will keep the long-term trend higher. ↳ Source

📰 U.S. M2 money supply hit a record $23.1T in May, marking its biggest monthly increase since 2021. ↳ Source

📰 $4 Billion has been Minted on Solana today. ↳ Source

📰 Trump's 2025 disclosure shows over $1.4B in crypto income, led by World Liberty Financial and TRUMP coin sales. ↳ Source

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📉 CeFi lending has posted its first contraction since Q3 2024.

• Total market size fell 6% QoQ to $23.3B.

• Tether still dominates with 68% market share despite a 7% pullback.

• "Nexo", "Maple", and "Coinbase" were the only major lenders to grow.