🗞 Catch up on the news over the last 24 hours!
⚡️ Bitcoin percent supply on exchanges has dropped to near seven-year lows to 14.5% for the first time since August 2018.
🇺🇸 US spot Bitcoin ETFs ended its 15-day inflows streak with $342.2M outflows on July 1st, while Ethereum ETFs recorded $40.7M of inflows.
🇺🇸 US M2 Money Supply hits new all-time high of $21.94 trillion.
🔥 Bitget Wallet partners with Mastercard to launch a crypto card allowing users to pay directly from their digital wallets at 150 million merchants worldwide.
🇪🇺 Bybit officially launches Bybit. eu, a fully MiCA-compliant platform for European crypto users, offering regulated access to over 450 million EEA residents across 29 countries.
🇩🇪 Deutsche Bank’s DWS, Galaxy, and Flow Traders to launch Germany-regulated euro stablecoin under MiCA rules.
📈 Standard Chartered forecasts $BTC hitting $135K in Q3 and $200K by year-end 2025, fueled by ETF flows, corporate buys, Fed cuts, and stablecoin legislation.
🇺🇸 SEC Chair Paul Atkins says “Tokenization is an innovation. My whole goal is to make things transparent.”
🇺🇸 Ripple has applied for a U.S. National Bank License.
🔥 BlackRock’s Bitcoin ETF now generates more revenue than its S&P 500 ETF.
🚨The SEC pauses Grayscale's Digital Large Cap Fund conversion into an ETF covering $BTC, $ETH, $XRP, $SOL and $ADA, placing it under further review.
🚨 OpenAI clarifies that "OpenAI tokens" are not legitimate equity, stating they did not partner with Robinhood and were not involved in any token creation.
Read more: ct.com