HUGE NEWS: 🚨 IMF highlighted Ripple's XRPL in a report on tokenization, noting Société Générale's euro stablecoin runs on XRPL and saying the network is part of the growing institutional adoption of blockchain tech
UPDATE: 🚨 Senator Cynthia Lummis defended the CLARITY Act as containing over 16 AML safeguards, rejecting Liz Warren's claims that it would create loopholes for illicit finance
It seems people bought something after others had already bought something and posted about it, and now they're very, very upset. Yes, I know this is incredibly shocking information. I can't believe it myself.
Crypto things you might have missed: -XRPL overtakes ETH in RLUSD supply -BTC crashes from $61K to $58K in 1h -BTC supply in loss hits record -Bitcoin ETFs see record outflows -21Shares: 4-year cycle intact -
@Strategy
class action probe -Strategy's
$STRC
drops to all-time low
Crypto things you might have missed: -
@Ripple
lands major EU regulatory win -XRP ETFs inflows surge -Ethereum Foundation cuts 20% of workforce -Activity rises on
$UNI
after $100 prediction -July 17 CLARITY Act hearing -Trump signs quantum EO -$1.1T wiped from US stocks at open
Crypto things you might have missed: -BTC under $68K, crypto market bleeds $4.21B -Global equities hit fresh records driven by AI -StanChart:
$ETH
may start outperforming BTC -CME launches 24/7 crypto futures via
@Ripple
Prime -Coinbase: Clarity Act "very close" to getting done
$ADA founder @IOHK_Charles says Ethereum devs keep leaving the Foundation because startups & VCs offer equity deals the non-profit EF can’t match.
Top talent eventually leaves for bigger paydays, just like in AI.
He says Ethereum still has a strong roadmap and future though.👀
Crypto things you might have missed: -Bitcoin crashes below $73K with $1B liquidated -BlackRock
$IBIT
sees 2nd-largest outflow -XRP shatters key support -Standard Chartered:
$ETH
= Amazon in 2001 -Trump to "future-proof" crypto -
@SECPaulSAtkins
: Era of SEC vs innovation is over