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XRP demand grows on-chain as price falls to a 19-month lowXRP (XRP) remains above the $1.00 support zone despite a broader pullback. Still, on-chain activity is increasing.
New wallet, whale, and ETF activity suggests users are entering while the price looks vulnerable. This points to demand beneath the surface.
XRP price drops but still attracts demand
XRP, like the broader market, has seen sharp declines this month. The altcoin reached a 19-month low of $1.01 on June 25. At the moment, XRP is trading around $1.05, down 0.18% over the past day.
XRP demand grows on-chain as price falls to a 19-month low
XRP (XRP) remains above the $1.00 support zone despite a broader pullback. Still, on-chain activity is increasing.
New wallet, whale, and ETF activity suggests users are entering while the price looks vulnerable. This points to demand beneath the surface.
XRP price drops but still attracts demand
XRP, like the broader market, has seen sharp declines this month. The altcoin reached a 19-month low of $1.01 on June 25. At the moment, XRP is trading around $1.05, down 0.18% over the past day.
New wallet, whale, and ETF activity suggests users are entering while the price looks vulnerable. This points to demand beneath the surface.
XRP price drops but still attracts demand
XRP, like the broader market, has seen sharp declines this month. The altcoin reached a 19-month low of $1.01 on June 25. At the moment, XRP is trading around $1.05, down 0.18% over the past day.
Australia follows Europe with 1 July crypto rule change for all exchange transfersAustralia’s crypto Travel Rule takes effect on 1 July. From then on, every regulated exchange must attach the identity of the sender and recipient to all incoming and outgoing transactions, regardless of the amount.
This rule comes into effect at the same time as the MiCA licence deadline in Europe. As a result, Australia finds itself in the middle of a global crackdown on stricter crypto regulations in major markets.
What the Australian Travel Rule changes for crypto users
This new step is the final part of the renewal of the AML/CTF rules that Australia adopted in November 2024. Most of the rules have already been in effect since March. The Travel Rule is enforced by AUSTRAC, the country’s financial intelligence unit, and applies to transactions of any value.
Australia follows Europe with 1 July crypto rule change for all exchange transfers
Australia’s crypto Travel Rule takes effect on 1 July. From then on, every regulated exchange must attach the identity of the sender and recipient to all incoming and outgoing transactions, regardless of the amount.
This rule comes into effect at the same time as the MiCA licence deadline in Europe. As a result, Australia finds itself in the middle of a global crackdown on stricter crypto regulations in major markets.
What the Australian Travel Rule changes for crypto users
This new step is the final part of the renewal of the AML/CTF rules that Australia adopted in November 2024. Most of the rules have already been in effect since March. The Travel Rule is enforced by AUSTRAC, the country’s financial intelligence unit, and applies to transactions of any value.
This rule comes into effect at the same time as the MiCA licence deadline in Europe. As a result, Australia finds itself in the middle of a global crackdown on stricter crypto regulations in major markets.
What the Australian Travel Rule changes for crypto users
This new step is the final part of the renewal of the AML/CTF rules that Australia adopted in November 2024. Most of the rules have already been in effect since March. The Travel Rule is enforced by AUSTRAC, the country’s financial intelligence unit, and applies to transactions of any value.
10
Andreessen joins Defense Board: no disclosure rules in effectMarc Andreessen, co-founder of Andreessen Horowitz (a16z), joined the U.S. Defense Policy Board on June 29. With that, one of the most influential venture capitalists from Silicon Valley is now right in the middle of the United States’ national security strategy.
Defense Secretary Pete Hegseth announced the board and appointed former U.S. Trade Representative Robert Lighthizer as chair. Andreessen is one of 13 additional members who were appointed. Former Senator Norm Coleman is vice chair.
Andreessen joins Defense Board: no disclosure rules in effect
Marc Andreessen, co-founder of Andreessen Horowitz (a16z), joined the U.S. Defense Policy Board on June 29. With that, one of the most influential venture capitalists from Silicon Valley is now right in the middle of the United States’ national security strategy.
Defense Secretary Pete Hegseth announced the board and appointed former U.S. Trade Representative Robert Lighthizer as chair. Andreessen is one of 13 additional members who were appointed. Former Senator Norm Coleman is vice chair.
Defense Secretary Pete Hegseth announced the board and appointed former U.S. Trade Representative Robert Lighthizer as chair. Andreessen is one of 13 additional members who were appointed. Former Senator Norm Coleman is vice chair.
LLYonAlpha
LLYUS-1.41%
Solana looks livelier and healthier than Ethereum: here’s whySolana (SOL) is outperforming the broader crypto market and has posted gains over the past seven days. This deviation stands out in a week full of declines.
Data shows that SOL is strengthening because two types of trading activity—namely the use of Real-World Assets and speculation—are attracting users to the network at the same time.
Solana is diverging from a declining market
SOL is currently trading around $73.54 and is up by about 7% over the past 7 days. Bitcoin (BTC) fell by roughly 4.9% over the same period, while Ethereum (ETH) lost about 6%.
Solana looks livelier and healthier than Ethereum: here’s why
Solana (SOL) is outperforming the broader crypto market and has posted gains over the past seven days. This deviation stands out in a week full of declines.
Data shows that SOL is strengthening because two types of trading activity—namely the use of Real-World Assets and speculation—are attracting users to the network at the same time.
Solana is diverging from a declining market
SOL is currently trading around $73.54 and is up by about 7% over the past 7 days. Bitcoin (BTC) fell by roughly 4.9% over the same period, while Ethereum (ETH) lost about 6%.
Data shows that SOL is strengthening because two types of trading activity—namely the use of Real-World Assets and speculation—are attracting users to the network at the same time.
Solana is diverging from a declining market
SOL is currently trading around $73.54 and is up by about 7% over the past 7 days. Bitcoin (BTC) fell by roughly 4.9% over the same period, while Ethereum (ETH) lost about 6%.
1
China’s LongCat-2.0 becomes the largest AI model without Nvidia chipsChina has just unveiled its largest AI model, which was trained entirely without NVIDIA chips. Meituan launched LongCat-2.0, an open-source large language model with 1.6 trillion parameters. The Beijing-based food delivery company ran the entire project end to end on its own domestic hardware.
This breakthrough is now changing how the global AI industry views China’s push for technological independence.
What Meituan’s LongCat-2.0 adds to the AI race
A large language model is an AI system trained on massive datasets. These systems can understand, generate, and reason with human language across many different subjects. LongCat-2.0 is among the largest models ever, with 1.6 trillion parameters and a context window of 1 million tokens.
China’s LongCat-2.0 becomes the largest AI model without Nvidia chips
China has just unveiled its largest AI model, which was trained entirely without NVIDIA chips. Meituan launched LongCat-2.0, an open-source large language model with 1.6 trillion parameters. The Beijing-based food delivery company ran the entire project end to end on its own domestic hardware.
This breakthrough is now changing how the global AI industry views China’s push for technological independence.
What Meituan’s LongCat-2.0 adds to the AI race
A large language model is an AI system trained on massive datasets. These systems can understand, generate, and reason with human language across many different subjects. LongCat-2.0 is among the largest models ever, with 1.6 trillion parameters and a context window of 1 million tokens.
This breakthrough is now changing how the global AI industry views China’s push for technological independence.
What Meituan’s LongCat-2.0 adds to the AI race
A large language model is an AI system trained on massive datasets. These systems can understand, generate, and reason with human language across many different subjects. LongCat-2.0 is among the largest models ever, with 1.6 trillion parameters and a context window of 1 million tokens.
3 altcoins that crypto whales are buying for July 2026Crypto whales are repositioning themselves for July, and the on-chain flows show that. While several major tokens have fallen over the past 24 hours, BeInCrypto analysts tracking large wallets identified three altcoins for July where new accumulation is taking place.
This selection is based on shifts in whale balances combined with hard protocol data, not on price-guessing.
Aave (AAVE)
Aave is at the top of this list of altcoins for July because the on-chain base continues to grow. The whale purchases here mostly come from mid-sized holders, not from one single large wallet.
3 altcoins that crypto whales are buying for July 2026
Crypto whales are repositioning themselves for July, and the on-chain flows show that. While several major tokens have fallen over the past 24 hours, BeInCrypto analysts tracking large wallets identified three altcoins for July where new accumulation is taking place.
This selection is based on shifts in whale balances combined with hard protocol data, not on price-guessing.
Aave (AAVE)
Aave is at the top of this list of altcoins for July because the on-chain base continues to grow. The whale purchases here mostly come from mid-sized holders, not from one single large wallet.
This selection is based on shifts in whale balances combined with hard protocol data, not on price-guessing.
Aave (AAVE)
Aave is at the top of this list of altcoins for July because the on-chain base continues to grow. The whale purchases here mostly come from mid-sized holders, not from one single large wallet.
1
Ogilvy Spain CEO: ‘AI works with the past, only people can sell the future’Artificial intelligence can scale advertising to one message per person, but it cannot replace human creativity, says Jordi Urbea, CEO of Ogilvy Spain. According to him, AI only processes the past, while creativity builds the future.
Urbea spoke with BeInCrypto at the Ibiza Tech Forum 2026. He uses AI every day in major brand campaigns. His experience as a hands-on practitioner gives extra weight to his idea that emotion and surprise remain human.
AI personalises advertising at scale
Ogilvy Spain CEO: ‘AI works with the past, only people can sell the future’
Artificial intelligence can scale advertising to one message per person, but it cannot replace human creativity, says Jordi Urbea, CEO of Ogilvy Spain. According to him, AI only processes the past, while creativity builds the future.
Urbea spoke with BeInCrypto at the Ibiza Tech Forum 2026. He uses AI every day in major brand campaigns. His experience as a hands-on practitioner gives extra weight to his idea that emotion and surprise remain human.
AI personalises advertising at scale
Urbea spoke with BeInCrypto at the Ibiza Tech Forum 2026. He uses AI every day in major brand campaigns. His experience as a hands-on practitioner gives extra weight to his idea that emotion and surprise remain human.
AI personalises advertising at scale
3 stocks to watch as the EU digital assets market is reshaped by MiCA deadlineThe MiCA deadline on 1 July is a crypto story, but some of the biggest winners from it can be found on the stock exchange. While Europe keeps out unlicensed companies, a few listed MiCA winners remain—the so-called MiCA stocks.
BeInCrypto analysts looked at institutional money and options positions to find three names whose charts show how traders are playing them.
Circle Internet Group (CRCL)
Circle is at the center of the MiCA deadline of 1 July and is therefore the first MiCA stock to keep an eye on. Under the rules, non-compliant euro stablecoins must disappear from the EU, and this consolidation directly benefits Circle. EURC now holds about half of the euro stablecoin market. USDC is one of the only top-10 stablecoins that complies with the rules.
3 stocks to watch as the EU digital assets market is reshaped by MiCA deadline
The MiCA deadline on 1 July is a crypto story, but some of the biggest winners from it can be found on the stock exchange. While Europe keeps out unlicensed companies, a few listed MiCA winners remain—the so-called MiCA stocks.
BeInCrypto analysts looked at institutional money and options positions to find three names whose charts show how traders are playing them.
Circle Internet Group (CRCL)
Circle is at the center of the MiCA deadline of 1 July and is therefore the first MiCA stock to keep an eye on. Under the rules, non-compliant euro stablecoins must disappear from the EU, and this consolidation directly benefits Circle. EURC now holds about half of the euro stablecoin market. USDC is one of the only top-10 stablecoins that complies with the rules.
BeInCrypto analysts looked at institutional money and options positions to find three names whose charts show how traders are playing them.
Circle Internet Group (CRCL)
Circle is at the center of the MiCA deadline of 1 July and is therefore the first MiCA stock to keep an eye on. Under the rules, non-compliant euro stablecoins must disappear from the EU, and this consolidation directly benefits Circle. EURC now holds about half of the euro stablecoin market. USDC is one of the only top-10 stablecoins that complies with the rules.
6
AI-exposed sectors go from 55,000 monthly hires to ongoing lossesIn sectors where AI is already being used, the number of jobs declines. These industries have been losing an average of about 11,000 jobs per month over the past three months.
The figures shared by The Kobeissi Letter clearly show that automation is changing the hiring of office workers.
Fewer new jobs in sectors that use a lot of AI
The Kobeissi Letter said that since mid-2023, these sectors have gained only a net total of jobs in two months.
This group includes management consultants, graphic design, office administration, call centers, and computer systems.
AI-exposed sectors go from 55,000 monthly hires to ongoing losses
In sectors where AI is already being used, the number of jobs declines. These industries have been losing an average of about 11,000 jobs per month over the past three months.
The figures shared by The Kobeissi Letter clearly show that automation is changing the hiring of office workers.
Fewer new jobs in sectors that use a lot of AI
The Kobeissi Letter said that since mid-2023, these sectors have gained only a net total of jobs in two months.
This group includes management consultants, graphic design, office administration, call centers, and computer systems.
The figures shared by The Kobeissi Letter clearly show that automation is changing the hiring of office workers.
Fewer new jobs in sectors that use a lot of AI
The Kobeissi Letter said that since mid-2023, these sectors have gained only a net total of jobs in two months.
This group includes management consultants, graphic design, office administration, call centers, and computer systems.
1
RWA overtakes DeFi as the largest Web3 founder sector in 2026, according to reportReal-World Asset (RWA) tokenization has become more important than decentralized finance (DeFi) for Web3 founders. This is evidenced by a new Proof of Talk report.
The report “The State of Web3 Capital 2026” is based on more than 200 startup applications for Proof of Pitch 2026 and a survey of 13 active Web3 venture funds. This shows that both founders and investors are showing more interest in RWA products than in DeFi.
RWA and tokenization are a top priority for both founders and investors
RWA overtakes DeFi as the largest Web3 founder sector in 2026, according to report
Real-World Asset (RWA) tokenization has become more important than decentralized finance (DeFi) for Web3 founders. This is evidenced by a new Proof of Talk report.
The report “The State of Web3 Capital 2026” is based on more than 200 startup applications for Proof of Pitch 2026 and a survey of 13 active Web3 venture funds. This shows that both founders and investors are showing more interest in RWA products than in DeFi.
RWA and tokenization are a top priority for both founders and investors
The report “The State of Web3 Capital 2026” is based on more than 200 startup applications for Proof of Pitch 2026 and a survey of 13 active Web3 venture funds. This shows that both founders and investors are showing more interest in RWA products than in DeFi.
RWA and tokenization are a top priority for both founders and investors
California government agencies get 50% off Anthropic Claude through new partnershipCalifornia has signed a unique agreement with Anthropic that allows government agencies, cities, and counties to use the Claude assistant for 50% off.
Governor Gavin Newsom announced the deal on June 29. In addition to the discount, Anthropic also offers free training for employees, technical support, and help setting up work processes.
Follow us on X to always be the first to see the latest news
California 🤝 @AnthropicAIWe're entering a partnership to strengthen cybersecurity and provide @ClaudeAI to state agencies — and California local governments — at a 50% discount.The Golden State helped build Silicon Valley — and every Californian should benefit from the…
California government agencies get 50% off Anthropic Claude through new partnership
California has signed a unique agreement with Anthropic that allows government agencies, cities, and counties to use the Claude assistant for 50% off.
Governor Gavin Newsom announced the deal on June 29. In addition to the discount, Anthropic also offers free training for employees, technical support, and help setting up work processes.
Follow us on X to always be the first to see the latest news
California 🤝 @AnthropicAIWe're entering a partnership to strengthen cybersecurity and provide @ClaudeAI to state agencies — and California local governments — at a 50% discount.The Golden State helped build Silicon Valley — and every Californian should benefit from the…
Governor Gavin Newsom announced the deal on June 29. In addition to the discount, Anthropic also offers free training for employees, technical support, and help setting up work processes.
Follow us on X to always be the first to see the latest news
California 🤝 @AnthropicAIWe're entering a partnership to strengthen cybersecurity and provide @ClaudeAI to state agencies — and California local governments — at a 50% discount.The Golden State helped build Silicon Valley — and every Californian should benefit from the…
1
Gold drops to lowest level since November as a fourth monthly loss loomsGold fell on Tuesday to its weakest level since early November 2025, as uncertainty stemming from the war in the Middle East weighed on the precious metal.
The selling wave also hit other precious metals. Silver dropped 1.4% to $57.4, platinum fell 1.25% to $1,572, and palladium slid 0.45% to $1,216. All four precious metals recorded losses this month.
Why the gold price continues to fall
According to market data, gold hit an intraday low of $3,942 during early Asian trading. At the time of writing, gold was trading around $3,956, down 1.5% today.
Gold drops to lowest level since November as a fourth monthly loss looms
Gold fell on Tuesday to its weakest level since early November 2025, as uncertainty stemming from the war in the Middle East weighed on the precious metal.
The selling wave also hit other precious metals. Silver dropped 1.4% to $57.4, platinum fell 1.25% to $1,572, and palladium slid 0.45% to $1,216. All four precious metals recorded losses this month.
Why the gold price continues to fall
According to market data, gold hit an intraday low of $3,942 during early Asian trading. At the time of writing, gold was trading around $3,956, down 1.5% today.
The selling wave also hit other precious metals. Silver dropped 1.4% to $57.4, platinum fell 1.25% to $1,572, and palladium slid 0.45% to $1,216. All four precious metals recorded losses this month.
Why the gold price continues to fall
According to market data, gold hit an intraday low of $3,942 during early Asian trading. At the time of writing, gold was trading around $3,956, down 1.5% today.
1
WhatsApp lets 3 billion users claim handles: and hide their numbersWhatsApp started rolling out username reservations on June 30th. This allows the three billion users to choose a handle in advance, before the full feature becomes available to everyone later in 2026.
Thanks to this change, people can chat with each other without sharing their personal phone number. It addresses the demand for a pseudonymous identity in messaging apps. The rollout now sees parent company Meta explicitly use privacy to distinguish itself from other platforms. Users can make a reservation in phases this week.
WhatsApp lets 3 billion users claim handles: and hide their numbers
WhatsApp started rolling out username reservations on June 30th. This allows the three billion users to choose a handle in advance, before the full feature becomes available to everyone later in 2026.
Thanks to this change, people can chat with each other without sharing their personal phone number. It addresses the demand for a pseudonymous identity in messaging apps. The rollout now sees parent company Meta explicitly use privacy to distinguish itself from other platforms. Users can make a reservation in phases this week.
Thanks to this change, people can chat with each other without sharing their personal phone number. It addresses the demand for a pseudonymous identity in messaging apps. The rollout now sees parent company Meta explicitly use privacy to distinguish itself from other platforms. Users can make a reservation in phases this week.
OUST stock explained: the deals behind Ouster’s explosive 28% rallyShares of Ouster (NASDAQ: OUST) rose on June 29 by more than 28% and continued a multi-week rally that pushed the stock to nearly $55.
This surge comes after several newly announced manufacturing and partnership agreements linked to the company’s Rev8 lidar platform.
What drives Ouster shares to rise
Ouster is a lidar company based in San Francisco, founded in 2015 by Angus Pacala and Mark Frichtl. The company produces high-resolution digital lidar sensors that give vehicles, robots, drones, and fixed infrastructure such as traffic systems 3D visibility.
OUST stock explained: the deals behind Ouster’s explosive 28% rally
Shares of Ouster (NASDAQ: OUST) rose on June 29 by more than 28% and continued a multi-week rally that pushed the stock to nearly $55.
This surge comes after several newly announced manufacturing and partnership agreements linked to the company’s Rev8 lidar platform.
What drives Ouster shares to rise
Ouster is a lidar company based in San Francisco, founded in 2015 by Angus Pacala and Mark Frichtl. The company produces high-resolution digital lidar sensors that give vehicles, robots, drones, and fixed infrastructure such as traffic systems 3D visibility.
This surge comes after several newly announced manufacturing and partnership agreements linked to the company’s Rev8 lidar platform.
What drives Ouster shares to rise
Ouster is a lidar company based in San Francisco, founded in 2015 by Angus Pacala and Mark Frichtl. The company produces high-resolution digital lidar sensors that give vehicles, robots, drones, and fixed infrastructure such as traffic systems 3D visibility.
OUSTUS+13.85%
5
Japanese yen sinks to lowest level in 40 years after Tokyo signals firm actionThe Japanese yen has fallen to its weakest level since 1986, putting Tokyo again under pressure to defend the currency.
The currency has fallen by more than 2% this quarter. The decline means a fourth consecutive quarterly loss, the longest losing streak since 2022, when the currency weakened for seven quarters in a row.
Tokyo says it is ready to intervene
On Tuesday, the yen hit an intraday low of 162.4 per dollar. At the time of writing, the exchange rate stood at 162.1.
Meanwhile, Finance Minister Satsuki Katayama said that the authorities are ready at any time to respond to currency moves.
Japanese yen sinks to lowest level in 40 years after Tokyo signals firm action
The Japanese yen has fallen to its weakest level since 1986, putting Tokyo again under pressure to defend the currency.
The currency has fallen by more than 2% this quarter. The decline means a fourth consecutive quarterly loss, the longest losing streak since 2022, when the currency weakened for seven quarters in a row.
Tokyo says it is ready to intervene
On Tuesday, the yen hit an intraday low of 162.4 per dollar. At the time of writing, the exchange rate stood at 162.1.
Meanwhile, Finance Minister Satsuki Katayama said that the authorities are ready at any time to respond to currency moves.
The currency has fallen by more than 2% this quarter. The decline means a fourth consecutive quarterly loss, the longest losing streak since 2022, when the currency weakened for seven quarters in a row.
Tokyo says it is ready to intervene
On Tuesday, the yen hit an intraday low of 162.4 per dollar. At the time of writing, the exchange rate stood at 162.1.
Meanwhile, Finance Minister Satsuki Katayama said that the authorities are ready at any time to respond to currency moves.
2
Tesla stock rises 8% after launch of FSD v14 Lite updateOn June 29, Tesla (TSLA) recorded its biggest daily gain in more than a year. The stock rose by more than 8% after the company began rolling out a major software update for millions of older vehicles.
The catalyst was Full Self-Driving (FSD) v14 Lite. This is a new version of Tesla’s self-driving software for older cars that hadn’t received a major update in more than 14 months.
Why did the Tesla stock rise?
Tesla sold millions of cars with the promise that they would eventually receive self-driving features. By giving this existing fleet a major upgrade without requiring customers to buy a new car, Tesla shows that it can keep older customers engaged.
Tesla stock rises 8% after launch of FSD v14 Lite update
On June 29, Tesla (TSLA) recorded its biggest daily gain in more than a year. The stock rose by more than 8% after the company began rolling out a major software update for millions of older vehicles.
The catalyst was Full Self-Driving (FSD) v14 Lite. This is a new version of Tesla’s self-driving software for older cars that hadn’t received a major update in more than 14 months.
Why did the Tesla stock rise?
Tesla sold millions of cars with the promise that they would eventually receive self-driving features. By giving this existing fleet a major upgrade without requiring customers to buy a new car, Tesla shows that it can keep older customers engaged.
The catalyst was Full Self-Driving (FSD) v14 Lite. This is a new version of Tesla’s self-driving software for older cars that hadn’t received a major update in more than 14 months.
Why did the Tesla stock rise?
Tesla sold millions of cars with the promise that they would eventually receive self-driving features. By giving this existing fleet a major upgrade without requiring customers to buy a new car, Tesla shows that it can keep older customers engaged.
8
Why Israel’s $50 billion defense IPO is going to Wall Street, not Tel AvivIsrael wants to list two of its largest state-owned companies in the defense sector in the US, partly because officials believe American regulators are more flexible when it comes to classified programs than their Israeli counterparts.
A government delegation travels in mid-July to the US to explore listing options for Israel Aerospace Industries (IAI) and Rafael Advanced Defense Systems, the makers of the Arrow and Iron Dome anti-missile systems. Sources familiar with the visit say the US market offers something that the local market does not: greater flexibility around state secrets.
Why Israel’s $50 billion defense IPO is going to Wall Street, not Tel Aviv
Israel wants to list two of its largest state-owned companies in the defense sector in the US, partly because officials believe American regulators are more flexible when it comes to classified programs than their Israeli counterparts.
A government delegation travels in mid-July to the US to explore listing options for Israel Aerospace Industries (IAI) and Rafael Advanced Defense Systems, the makers of the Arrow and Iron Dome anti-missile systems. Sources familiar with the visit say the US market offers something that the local market does not: greater flexibility around state secrets.
A government delegation travels in mid-July to the US to explore listing options for Israel Aerospace Industries (IAI) and Rafael Advanced Defense Systems, the makers of the Arrow and Iron Dome anti-missile systems. Sources familiar with the visit say the US market offers something that the local market does not: greater flexibility around state secrets.
32
Supreme Court blocks governor’s dismissal by Trump: Bitcoin remains under a tight FedThe U.S. Supreme Court on June 29 ruled 5-4 that President Donald Trump cannot temporarily dismiss Federal Reserve governor Lisa Cook. This decision protects the independence of the Fed, but it comes at the worst possible time for Bitcoin.
As a result of this ruling, the tight Fed stays in place. The Fed has already removed expectations for rate cuts in 2026 and is considering raising rates again. With high interest rates, assets without returns, such as Bitcoin, remain under pressure. With Monday’s decision, one of the few short-term opportunities for a more accommodating Fed disappears.
Supreme Court blocks governor’s dismissal by Trump: Bitcoin remains under a tight Fed
The U.S. Supreme Court on June 29 ruled 5-4 that President Donald Trump cannot temporarily dismiss Federal Reserve governor Lisa Cook. This decision protects the independence of the Fed, but it comes at the worst possible time for Bitcoin.
As a result of this ruling, the tight Fed stays in place. The Fed has already removed expectations for rate cuts in 2026 and is considering raising rates again. With high interest rates, assets without returns, such as Bitcoin, remain under pressure. With Monday’s decision, one of the few short-term opportunities for a more accommodating Fed disappears.
As a result of this ruling, the tight Fed stays in place. The Fed has already removed expectations for rate cuts in 2026 and is considering raising rates again. With high interest rates, assets without returns, such as Bitcoin, remain under pressure. With Monday’s decision, one of the few short-term opportunities for a more accommodating Fed disappears.
30
Dow closes above 52,000 for the first time as Alphabet debutsThe Dow Jones Industrial Average (DJIA) closed Monday, June 29, for the first time above 52,000, thanks to Alphabet’s blue-chip debut and a broad rally in semiconductor stocks.
The index rose by 306.63 points, or 0.59%, and closed at 52,182.74. The S&P 500 climbed 1.18% to 7,440.43, and the Nasdaq Composite surged 2.07% higher to 25,820.14.
Alphabet’s Dow debut boosts sentiment
Alphabet (GOOGL) rose nearly 5% during the first session as a member of the Dow, after it replaced Verizon in the index. The addition is largely symbolic and has little impact on trading, because the stock already trades in both the S&P 500 and the Nasdaq 100, meaning there isn’t much need for additional fund purchases.
Dow closes above 52,000 for the first time as Alphabet debuts
The Dow Jones Industrial Average (DJIA) closed Monday, June 29, for the first time above 52,000, thanks to Alphabet’s blue-chip debut and a broad rally in semiconductor stocks.
The index rose by 306.63 points, or 0.59%, and closed at 52,182.74. The S&P 500 climbed 1.18% to 7,440.43, and the Nasdaq Composite surged 2.07% higher to 25,820.14.
Alphabet’s Dow debut boosts sentiment
Alphabet (GOOGL) rose nearly 5% during the first session as a member of the Dow, after it replaced Verizon in the index. The addition is largely symbolic and has little impact on trading, because the stock already trades in both the S&P 500 and the Nasdaq 100, meaning there isn’t much need for additional fund purchases.
The index rose by 306.63 points, or 0.59%, and closed at 52,182.74. The S&P 500 climbed 1.18% to 7,440.43, and the Nasdaq Composite surged 2.07% higher to 25,820.14.
Alphabet’s Dow debut boosts sentiment
Alphabet (GOOGL) rose nearly 5% during the first session as a member of the Dow, after it replaced Verizon in the index. The addition is largely symbolic and has little impact on trading, because the stock already trades in both the S&P 500 and the Nasdaq 100, meaning there isn’t much need for additional fund purchases.
47
Tom Lee links Ethereum sell-off wave to quarter-end window dressingBitmine chairman Tom Lee attributed the 8% weekly drop in Ethereum (ETH) to quarter-end window dressing. According to him, funds sold losing positions from the past three months.
The executive made these remarks while Bitmine announced that it holds 5,700,040 ETH, valued at approximately $9 billion.
Lee sees ETH’s decline as quarter-end window dressing
Window dressing means that fund managers sell poorly performing positions shortly before the end of the quarter. This allows them to show clients a portfolio with less loss-prone investments, even though the portfolio’s actual performance or returns do not improve.
Tom Lee links Ethereum sell-off wave to quarter-end window dressing
Bitmine chairman Tom Lee attributed the 8% weekly drop in Ethereum (ETH) to quarter-end window dressing. According to him, funds sold losing positions from the past three months.
The executive made these remarks while Bitmine announced that it holds 5,700,040 ETH, valued at approximately $9 billion.
Lee sees ETH’s decline as quarter-end window dressing
Window dressing means that fund managers sell poorly performing positions shortly before the end of the quarter. This allows them to show clients a portfolio with less loss-prone investments, even though the portfolio’s actual performance or returns do not improve.
The executive made these remarks while Bitmine announced that it holds 5,700,040 ETH, valued at approximately $9 billion.
Lee sees ETH’s decline as quarter-end window dressing
Window dressing means that fund managers sell poorly performing positions shortly before the end of the quarter. This allows them to show clients a portfolio with less loss-prone investments, even though the portfolio’s actual performance or returns do not improve.
65
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SamsungSKHynixSharesRiseYTD
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🚀 Samsung & SK Hynix Surging: Inside the 2026 AI Memory Boom!
The South Korean stock market is witnessing a historic rally, driven by an unprecedented global shortage of artificial intelligence (AI) chips! Year-to-date (YTD), Samsung Electronics and SK Hynix shares have skyrocketed by 180% and 310%, respectively.
📈This massive surge has pushed the benchmark KOSPI Composite Index up roughly 100% in the first half of 2026 alone.
🔥 What is Driving the Rally?
HBM Dominance: SK Hynix currently commands about 60% of the global market for High-Bandwidth Memory (HBM) the essential stacked memory utilized in Nvidia’s high performance AI accelerators.
Earnings Explosion: Analysts are predicting triple to quadruple digit year over year (YoY) earnings growth for both companies, as global AI hardware orders remain completely backlogged for the rest of the year.
A Historic Changing of the Guard: Thanks to its pure play AI memory advantage, SK Hynix briefly dethroned Samsung this month to become South Korea’s most valuable listed company, breaking a 26 year streak.
Massive Infrastructure Push: To tackle the global "RAMageddon," both giants have partnered with the South Korean government on a multi hundred billion dollar spending plan to double the nation's DRAM capacity.
Quick Financial Breakdown (As of June 30, 2026)
Samsung Electronics (005930.KS):
YTD Performance: ~180%💰 Current Price: ₩334,000 KRW🏪 Market Cap: ₩2,126 Trillion KRW
SK Hynix Inc (000660.KS):
YTD Performance: ~310%💰 Current Price: ₩2,650,000 KRW🏪 Market Cap: ₩1,888 Trillion KRW
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