Hot Topics
Fed Governor Barr warned of stablecoin risks like run vulnerability and regulatory arbitrage, urging strong GENIUS Act rules to ensure user and financial system safety.
Bitcoin dropped below its 200-day SMA to $106,900, down 7% weekly, with $500M ETF outflows and risk-off sentiment pushing 10-year Treasury yields to a 3.94% low since April.
Florida’s House Bill 183 allows up to 10% of state and pension funds to invest in bitcoin and crypto ETFs, effective July 2026, following federal bitcoin reserve policy.
Market Updates
KPMG reports stablecoins can cut cross-border payment costs by 99% and settle in seconds, freeing up liquidity in the $150T market, with banks like JPMorgan and PayPal leading adoption.
Uniswap’s web app now supports Solana for SOL token swaps, aiming to reduce DeFi fragmentation, with bridging and cross-chain swaps planned next.
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