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🗞 Catch up on the news over the last 24 hours!
🚨Crypto elites are hiring bodyguards as risks rise. Coinbase spent $6.2M on CEO security last year, per Bloomberg.
🇺🇸 Financial Committee Ex-chair McHenry says more Democrats are joining the crypto market structure bill.
🇯🇵 Metaplanet just bought 1,004 BTC for $104M, bringing total holdings to 7,800 $BTC.
📊 Solana dominates DEX activity, topping all chains in weekly volume for 5 weeks straight.
🇦🇪 Ripple announces Zand Bank and Mamo as its first blockchain-powered payments clients in the UAE.
🔥 Vitalik Buterin proposes partially stateless nodes to scale Ethereum, enabling 10–100x gas limit increases while reducing full node storage needs.
🇯🇵 Metaplanet closed Monday as Japan’s 9th most traded stock with ¥61.69B ($425M) in volume, surpassing Toyota, SoftBank, and Nintendo.
🇦🇪 Dubai's VARA gives VASPs until June 19 to comply with new crypto rules, tightening leverage limits, standardizing key terms, and boosting oversight across all licensed activities.
🚨 Saylor’s Strategy acquired 7,390 $BTC ($764.9M) at $103,498 each with 16.3% YTD yield, total holdings now 576,230 $BTC ($40.18B) at an average price of $69,726.
⚡️ Arthur Hayes sees Bitcoin hitting $200K this year and $1M by 2028, says Ethereum will outperform Solana, and alt season starts above $110K.
🚨 MicroStrategy hit with class action lawsuit over alleged misleading statements tied to its Bitcoin strategy and $5.9B unrealized Q1 loss.
🔥 $XRP and Micro $XRP Futures due to go live on CME today.
🇺🇸 SEC Chair Paul Atkins says he wants firms to custody and trade both securities and non-securities under one roof.
🇺🇸 White House says Trump disagrees with Moody’s downgrade of US credit rating.
🔥 JPMorgan won’t custody Bitcoin, but will let clients buy it, says CEO Jamie Dimon.
🚨 Tether now holds over $120B in U.S. Treasurys, surpassing Germany and ranking 19th globally.
🔥 CZ: “Investing in crypto is risky. Not investing in crypto is also risky.”
🇺🇸 SEC Commissioner Hester Peirce says most existing crypto assets are not securities and urges a clear, workable regulatory framework to replace the agency’s past enforcement-driven approach.
🇺🇸 Former SEC Commissioner Paul Atkins criticizes the agency’s crypto approach as hostile and unclear, urging it to embrace innovation instead of stifling it.
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