🪙 Crypto Brief

U.S. senators urge Treasury not to leave states out of GENIUS Act stablecoin process

U.S. senators are urging the Treasury to ensure states are included in the rulemaking process for stablecoins under the GENIUS Act.

Hyperliquid, Uniswap and Worldcoin buck crypto slump as traders chase AI, DeFi trends

Tokens like Hyperliquid, Uniswap, and Worldcoin are outperforming the broader crypto market as traders focus on AI and DeFi narratives.

↑ Bullish

Anchorage Digital Unlocks New SWEEP Infrastructure for Institutions

Anchorage Digital Prime now supports the State Street Galaxy SWEEP, offering institutional clients custody and settlement for tokenized money market funds.

↑ Bullish

Coinbase intoduces AI advisor, stock options, and pre-IPO markets in finance push

Coinbase is expanding into financial services with the launch of an AI advisor, stock options trading, and pre-IPO markets.

↑ Bullish

Hyperliquid loses Anthropic, OpenAI markets as creator shuts down project

Hyperliquid lost its Anthropic and OpenAI prediction markets after the project creator shut down the initiative.

↓ Bearish

If America wants to lead in crypto, it must protect the people who build it

An opinion piece argues that for the US to lead in crypto, it must protect developers and builders through supportive regulation.

‘Crypto spring’ is here, says one analyst after bitcoin's key signals turn bullish

An analyst states that bitcoin's key signals have turned bullish, indicating a 'crypto spring' may be underway.

↑ Bullish

Kraken debuts U.S. perpetual futures as crypto derivatives move onshore

Kraken has launched U.S. perpetual futures trading, marking a shift of crypto derivatives to onshore platforms.

→ Neutral

Coinbase's Brian Armstrong says bitcoin may have bottomed at $60,000

Coinbase CEO Brian Armstrong suggested that bitcoin may have reached its bottom at $60,000.

↑ Bullish

Bitcoin shoots higher on Iran peace deal, with Strait of Hormuz set to open

Bitcoin rose after the US-Iran peace deal, which includes reopening the Strait of Hormuz.

↑ Bullish

Bitcoin could crash to $48,000, if this historical pattern is triggered

Analysts suggest Bitcoin could drop to $48,000 if a historical price pattern repeats.

↓ Bearish

Summer of crypto (regs): State of Crypto

The article discusses the current state of cryptocurrency regulation, noting a busy summer for regulatory developments.

Aerodrome is turning liquidity into a prediction market with its biggest upgrade yet

Aerodrome's latest upgrade aims to transform its liquidity platform into a prediction market.

SEC's big swing to clear tokenization path isn't likely to get resilience of full rule

The SEC's effort to clarify tokenization rules may not result in a comprehensive final rule.

→ Neutral

Crypto’s next billion-dollar hacker may move at superhuman speed

The article discusses the potential for a hacker using AI to execute a billion-dollar crypto heist at superhuman speed.

↓ Bearish

Here's what SpaceX's IPO means for its $1.3 billion bitcoin reserve

SpaceX's upcoming IPO could impact its $1.3 billion bitcoin reserve, potentially affecting market dynamics.

→ Neutral

Stablecoins Were Meant to Disrupt Finance. Instead, They Became Idle Cash.

Stablecoins, intended to disrupt finance, are increasingly used as idle cash rather than for transactions.

↓ Bearish

Bitcoin rises above $64,000 after Pakistan prime minister says Iran peace deal is near

Bitcoin rose above $64,000 after Pakistan's prime minister indicated a peace deal with Iran is near.

↑ Bullish