Senators Introduce Resolution Opposing Sam Bankman-Fried Pardon

Ethereum has been hit hard, falling below $2,000 and facing a bearish sentiment due to key developers leaving, high-profile supporters selling, and 15 consecutive days of ETF outflows. Technical indicators suggest a potential further drop to $1,500, with resistance levels at $2,194 and $2,510.

The crypto market experienced a decline as U.S. stocks dropped due to rising oil prices amid tensions in the Middle East. Bitcoin hit a two-month low, while Ethereum and Solana fell to $1,830 and $72, respectively.

Law enforcement agencies caution soccer fans against sending cryptocurrency for World Cup tickets due to prevalent scams. Scammers use fake ticket sales, merchandise offers, and betting promotions to steal money and personal information, with crypto payments being a red flag.

Mastercard is expanding settlement capabilities for credit card transactions using stablecoins like Ripple’s RLUSD and Circle’s USDC, aiming to facilitate intraday, holiday, and weekend settlements. This move supports a 24/7 digital economy and enhances liquidity management for partners globally.

Bitcoin faced a 10% drop in June following Strategy's sale of 32 BTC, causing market turbulence and liquidations of leveraged positions. The move shattered the "never sell" narrative, impacting STRC and MSTR stock prices.

Strategy's recent bitcoin sale, anticipated after signaling plans during its first-quarter earnings call, has impacted market sentiment. Citi believes the move does not alter the company's long-term strategy, despite concerns about potential selling by digital asset treasury firms.

Payward, the parent company of Kraken, will soon allow customers to participate in U.S.-listed IPOs through tokenized shares, giving eligible investors a chance to receive allocations at the IPO price. The initiative aims to expand access to capital markets through blockchain.

MoonPay has launched the MoonAgents desktop app, enabling users to connect AI models like Claude Code and Codex to crypto wallets and blockchain services through a visual interface. The app stores private keys locally for enhanced security, preventing unauthorized access to sensitive information.

Grayscale introduced the Grayscale Hyperliquid Staking ETF (HYPG) on Nasdaq with a 0.29% sponsor fee, competing with 21Shares and Bitwise in the emerging market for HYPE investment products. HYPG aims to generate additional returns through staking, allowing investors to capture staking rewards.

The UK's Financial Conduct Authority has cautioned football clubs, including those in the Premier League, about potential breaches of financial services laws due to unauthorized crypto sponsorships. The regulator warned that these partnerships could expose clubs to legal, operational, and reputational risks.