House Democrats Blast SEC for Withholding Analysis on CLARITY Act

The website for a crypto wallet linked to Trump's meme coin went dark after receiving a cease and desist letter from another Trump-related crypto project. Trump's sons were unaware of the partnership with Magic Eden for the wallet, as they were developing their own Trump-branded crypto wallet.

Bitcoin and major altcoins experienced a decline due to concerns about the trade war, U.S. economic indicators, and tensions between Trump and Musk. Despite Circle's successful debut, the market saw a 4% drop in Bitcoin's value, with altcoins like SOL and XRP also facing volatility.

During an interview at Cantor Fitzgerald’s headquarters, Tether CEO Paolo Ardoino reacted to reports of Circle potentially pausing its IPO. Two months later, Circle's IPO exceeded expectations, with its stock price tripling and market capitalization surpassing $19 billion.

A new dad coached his wife through the birth of their first child, named Solana, while crypto traders watched on a livestream. The dad then tokenized his daughter with a meme coin, SOLBABY, on Pump.fun.

Circle Internet Group, the issuer of USDC, saw its share price triple on the NYSE debut after raising $1.1 billion and being oversubscribed. CEO Jeremy Allaire highlighted the milestone of becoming a public company, with USDC having a $61 billion market cap as a key indicator of circulation.

Avalanche's AVAX, the 18th-largest cryptocurrency, experienced a 5% drop in 24 hours, underperforming the CoinDesk 20 index. AVAX faced strong resistance at $20.68, with a subsequent decline and high selling pressure.

NBA star Tristan Thompson, with a 14-year basketball career, emphasizes discipline and persistence in mastering the crypto market. He engages in crypto education through sessions with "crypto tutors," hosting a podcast, and promoting crypto projects like Sportsbet.io and Corn. Thompson aims to make crypto appealing by using sports analogies.

Botanix Labs has added 16 new node operators, including Galaxy and Fireblocks, to its Bitcoin layer-2 network. The network aims to become decentralized by allowing anyone worldwide to run their own Botanix node. With a dynamic federation supporting hundreds of nodes, Botanix is gearing up for its mainnet launch.

Elon Musk's criticism of President Trump's "big, beautiful bill" led to the creation of the KBBB meme coin, which initially reached a $53.12 million market cap before dropping 30% to $36.73 million. Musk's social media campaign against the bill continues.

The bitcoin price hit a record high of $112,000 last month, surging 50% from its April low, with support from figures like U.S. president Donald Trump and Tesla's Elon Musk. Analysts predict a significant decline in the U.S. dollar due to various factors, including Federal Reserve actions and rising rival currencies.