šŸ” Market Summary

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US Senate passes Trump’s budget bill without provision on crypto taxes

US Senate passes Trump’s budget bill without provision on crypto taxes

Republicans in the US Senate narrowly passed a budget reconciliation bill strongly pushed by President Donald Trump and heavily criticized by many members of both parties for concerns about healthcare cuts, artificial intelligence regulation and redistribution of wealth through tax cuts.In a 50-50 v…

Robinhood Stock Flat in Trading. New Crypto Offerings Impress Wall Street. — Barrons.com

Robinhood Stock Flat in Trading. New Crypto Offerings Impress Wall Street. — Barrons.com

By Nate WolfRobinhood Markets stock inched up Tuesday on a slate of new crypto products from the company.On Monday, at an event on the French Riviera, the company unveiled tokenized stocks and exchange-traded funds, crypto perpetual futures, crypto "staking," and many other digital offerings for bot…

Bitcoin Falls as Tariff Uncertainty Dampens Risk Appetite — Market Talk

Bitcoin Falls as Tariff Uncertainty Dampens Risk Appetite — Market Talk

0848 GMT - Bitcoin falls as uncertainty over U.S. tariffs keeps investors cautious over risky assets, including cryptocurrencies. A 90-day pause in higher U.S. reciprocal tariffs is due to end on July 9. Global governments are scrambling to secure trade deals with the U.S. ahead of this deadline. "T…

Good News for XRP, Litecoin and Solana: Analysts Raise ETF Approval Odds to 95%

Good News for XRP, Litecoin and Solana: Analysts Raise ETF Approval Odds to 95%

Bloomberg ETF experts James Seyffart and Eric Balchunas have said there is a 95% probability that the U.S. Securities and Exchange Commission (SEC) will approve spot ETFs for XRP, Litecoin (LTC), and Solana (SOL) this year.The financial watchdog is expected to decide on the three proposals in Octobe…

Global Dollar Network expands with EU launch of USDG stablecoin by Paxos with backing from Robinhood, Kraken and others

Global Dollar Network expands with EU launch of USDG stablecoin by Paxos with backing from Robinhood, Kraken and others

Paxos on Tuesday launched the Global Dollar (USDG), a dollar-pegged stablecoin backed by a consortium that includes Robinhood, Kraken, Galaxy Digital, and Anchorage Digital, for users across the European Union.USDG is issued in Europe by Paxos Issuance Europe OY, a Finnish entity regulated by Finlan…

Tranchess to Hold AMA on X on July 2nd

Tranchess to Hold AMA on X on July 2nd

Tranchess will host an AMA on X on July 2nd at 12:00 UTC.The discussion will feature members of the core team and a business-development representative from Aster, focusing on topics relevant to the platform’s current operations.CHS InfoTranchess is an asset management and derivatives trading protoc…

Bitcoin Forms 4-Year Inverse H&S Pattern – Neckline Break Could Send It Parabolic

Bitcoin Forms 4-Year Inverse H&S Pattern – Neckline Break Could Send It Parabolic

Bitcoin is showing resilience above the $105,000 mark, holding firm despite ongoing volatility and economic uncertainty. While bulls struggle to break above the all-time high at $112,000, the market remains in a high-stakes consolidation phase. Macroeconomic conditions remain unstable, with weak glo…

Indian politician calls for Bitcoin reserve pilot as US embraces BTC

Indian politician calls for Bitcoin reserve pilot as US embraces BTC

The national spokesperson for India’s ruling party called on the country to consider launching a Bitcoin reserve pilot, saying that it would be a strategic step toward economic resilience.Ā In an article for India Today, Bharatiya Janata Party (BJP) spokesperson Pradeep Bhandari said the US strategic…

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, Ethena Labs and Germany’s BaFin agreed on a 42-day USDe redemption plan, marking the end of a months-long regulatory dispute, Polymarket is reportedly set for a $200 million raise that would value it at $1 billion, and New York City mayor Eric Adams criticized former New York Govern…

Bitcoin rebounds to $106K amid Middle East ceasefire and rate cut bets

Bitcoin rebounds to $106K amid Middle East ceasefire and rate cut bets

Key takeaways:Bitcoin swiftly rebounded to $106,000, signaling firm institutional investor demand despite growing global unrest.A sharp 8% drop in Bitcoin’s hashrate raised concerns over mining stability amid Middle East tensions.Bitcoin (BTC) reclaimed the $106,000 level on Monday after briefly dip…

Crypto Crash Isn’t End — It’s a Reset! Here’s How To Recover Crypto Losses

Crypto Crash Isn’t End — It’s a Reset! Here’s How To Recover Crypto Losses

The sudden involvement of the U.S. in the Iran-Israel conflict caused a big crypto crash, wiping out over $1 billion and pulling Bitcoin below $100k. Many traders were left with losses, unsure what to do next.Ā But top analyst Crypto Banter says this crash could be a setup for a comeback—not the end.…

Paradigm invests $15 million in GTE, a startup billed as the ā€˜world’s fastest’ DEX

Paradigm invests $15 million in GTE, a startup billed as the ā€˜world’s fastest’ DEX

Early-stage crypto venture capitalism firm Paradigm said Monday that it exclusively led a $15 million Series A funding round in Global Token Exchange (GTE), a decentralized exchange startup confident that its trading capabilities can rival giant centralized exchanges like Binance and Coinbase.GTE's …