White House Targets July 4 for Clarity Act Passage

Altcoin selling pressure has surged to a five-year high, with net selling reaching -$209 billion, indicating a mass exodus of retail and speculative capital. This trend favors short-term traders over long-term holders, as stablecoin flows increase on Binance.

Coinbase announced the expansion of its crypto-backed lending product in the U.S., now supporting XRP, Dogecoin, Cardano, and Litecoin. Customers can borrow up to $100,000 in USDC stablecoin by posting holdings as collateral on Morpho.

EVMbench, a tool by OpenAI and Paradigm, assesses AI agents' ability to detect, patch, and exploit vulnerabilities in Ethereum smart contracts. It draws from 120 curated vulnerabilities and includes scenarios from Tempo's security auditing process.

Peter Thiel divested his 7.5% stake in ETHZilla during Q4 2025, resulting in a significant drop in the company's stock price. Thiel's move follows a series of strategic decisions by ETHZilla, including a stock buyback program and tokenizing equity in various assets.

Coinbase's CEO, Brian Armstrong, believes the company is misunderstood and undervalued by Wall Street analysts. Despite recent losses in stock value and profits, Armstrong argues that Coinbase is in a strong position due to its role in disrupting traditional financial institutions.

Base, a layer-2 scaling network incubated by Coinbase, is transitioning to a new unified tech stack to enhance protocol improvements and scalability. The network aims to increase its gas units per second to 1 billion and double its network hard-forks per year.

The Apollo III, a new home Bitcoin mining system by FutureBit, features 3nm American-designed ASICs and a full Bitcoin node. Founder John Stefanopoulos emphasized the device's role in strengthening Bitcoin decentralization through individual-focused systems.

The first SUI ETFs have debuted on Nasdaq and the New York Stock Exchange, offering exposure to the SUI blockchain network. Canary Capital and Grayscale have launched their respective SUI ETFs, providing investors with staking opportunities and exposure to the network's scalability features.

The Hyperliquid Policy Center (HPC) has emerged as a new advocate for decentralized finance and derivatives on Capitol Hill. Founder Jake Chervinsky believes the U.S. must decide to either support blockchain with new regulations or risk falling behind other nations.

David Solomon, CEO of Goldman Sachs, echoed U.S. Treasury Secretary's remarks, emphasizing the necessity of a rules-based system in the crypto industry. He suggested that those opposing the market structure bill should consider relocating to El Salvador.