๐บ๐ธ U.S. presidential candidate Robert F. Kennedy Jr. proposes putting the U.S. budget on the blockchain for increased transparency, allowing taxpayers to track spending and combat corruption.
๐ฐ Standard Chartered's Geoff Kendrick predicts Bitcoin hitting $150,000 by year's end, but some analysts doubt a lasting bull run post-halving due to declining miner rewards and transaction fees.
๐ The SEC delays its decision on spot Ethereum ETFs, dimming prospects for approval. Industry giants like BlackRock and Grayscale are vying for SEC's nod, but chances seem slim, with analysts giving it a 35% likelihood.
๐ U.S. authorities crack down on wallet services: Samourai Wallet founders arrested for money laundering, zkSNACKs blocks U.S. users, and Phoenix Wallet ceases operations for U.S. residents.
โ๏ธ Legal battles ensue: Custodia Bank appeals to join the U.S. banking system, lawyer John Deaton supports Coinbase, and the SEC sues Bitcoin miner Geosyn. Consensys sues the SEC over Ethereum oversight.
๐ Spot Bitcoin ETFs see capital outflow, while BNY Mellon's exposure to BTC ETFs highlights growing institutional interest. Ethereum's Vitalik Buterin points out flaws in PoW design, and Movement Labs secures $38 million in VC funding, signaling continued investor interest in crypto.
