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πŸͺ™ The Block: Spot Bitcoin ETFs now make up 25% of global BTC trading volume

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πŸ’Ž Pavel Durov: "None of the French newspapers mentioned the [Tucker Carlson] interview. <...> In just the 7 weeks following my arrest in Paris, Le Monde published 40 negative articles about Telegram. <...> This is why platforms like Telegram are so important β€” we enable people to access all points of view and decide for themselves".

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⚠️ PumpFun X account suspended

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πŸ”₯ Coinbase CEO meets with UK policymakers in London to discuss crypto

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πŸ“£ Bill Hagerty, US Senator: β€œThe GENIUS Act is going to propel America’s payment system into the 21st century. Let’s make πŸ‡ΊπŸ‡Έ history”.

πŸ”„ Earlier: Approved by the US Senate.

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❕ BitMEX co-founder calls Circle’s IPO the start of a "stablecoin mania" bubble

Arthur Hayes also warns most new issuers will be overvalued and doomed without distribution via crypto exchanges, banks, or social media giants.

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πŸͺ™ Bank of America recognizes Bitcoin as top disruptive innovation

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πŸ” XRP Ledger has recorded its highest-ever daily active address count, averaging over 295,000 users this past week.

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❕ MEV* bots are clogging blockchains faster than networks can scale, says Flashbots

* β€” Maximal Extractable Value bots are automated programs designed to maximize profits by exploiting opportunities within blockchain transactions.


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⚑️ Thai Cabinet approves tax incentive to promote digital assets

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⚑️ Coinbase is working to obtain SEC clearance in the US for the listing of blockchain-based stocks

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⚑️ The X accounts of PumpFun and its founder have been restored

πŸ”„ Earlier: PumpFun X account suspended.

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πŸ“£ Scott Bessent, US Treasury Secretary, says: β€œA thriving stablecoin ecosystem will drive demand from the private sector for US Treasuries, which back stablecoins".

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πŸͺ™ BBVA, Spain's second-largest bank, is advising its affluent clients to allocate funds to BTC investments

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πŸͺ™ BTC = $103,954
πŸ’Ž ETH = $2,473
πŸ’Ž TON = $2.94

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⚑️ JPMorgan will test its JPMD deposit token on a Coinbase-integrated blockchain platform

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πŸ’Ž Plush Pepe NFT Collection on TON holds the #13 spot by market cap among all blockchains

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πŸ”₯ The GENIUS Act stablecoin bill has garnered sufficient Senate votes for approval

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⚑️ Officials from the JPMorgan held a meeting with the SEC’s crypto-focused task force

Subject of the discussion:

β€’ Summary of JPMC’s activity in digital finance and debt services, with emphasis on Repo. Includes analysis of competitive changes as markets evolve.

β€’ Assessment of how public blockchains could reshape capital markets operations and guidance on managing related risks and benefits.

β€’ Next steps for engagement with the Task Force.


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⚑️ JDcom* aims to secure a global stablecoin license, targeting a 90% reduction in cross-border payment costs and settlement times below 10 seconds

* β€” China's leading retailer.


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πŸ“£ David Sacks says: β€œGENIUS Act enhances consumer protection, and extends US dollar dominance online”.

πŸ”„ Earlier: The GENIUS Act has garnered sufficient Senate votes for approval.

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