🔔A US judge has accelerated the consideration of Consensys' lawsuit against the SEC. Consensys accuses the regulator of illegally regulating MetaMask as a broker and issuer of securities. The SEC has until July 29 to respond, with final statements expected by September 20, 2024. A verdict could be delivered by Christmas. Let us recall that Consensys filed a lawsuit against the SEC in April, demanding that Ethereum be recognized as not a security, and MetaMask not a broker.

In June, CleanSpark increased its Bitcoin production and doubled its hashrate compared to December. The startup mined 445 BTC after adding 5 new mining facilities in Georgia. 📈 CEO Zach Bradford announced a focus on increasing hashrate and generating income after the Bitcoin “halving” event. While other miners are struggling, CleanSpark has improved its hashrate and mined more BTC.

Galaxy Digital founder and CEO Mike Novogratz is confident that regardless of the outcome of the upcoming US elections, the crypto sector will receive positive regulation. 🏛️ Despite the current situation with cryptocurrency regulation, he believes that the next regime will support the industry.

Novogratz argues that cryptocurrency is already largely a bipartisan issue in the US, with only a small group of Democrats opposing the emerging industry.

He also believes that Bitcoin is a core asset in a portfolio, especially given the growing US debt. At the time of writing, Bitcoin was trading around $61,862, down 9% over the last 30 days. However, its annual growth is 44%, and in the last year - 102%.

Robinhood is considering offering cryptocurrency futures in the US and Europe, but an official launch date has not yet been announced. The commission-free trading app plans to use licenses from Bitstamp, a crypto exchange it plans to acquire for $200 million next year. Robinhood plans to introduce futures on Bitcoin (BTC) and Ether (ETH) in the US. However, they mentioned that there are no immediate plans to launch the offering and discussions are ongoing, so final plans may change."

"OpenLedger, a blockchain for AI, has raised $8 million in a seed round. These funds will help OpenLedger expand its team and operations ahead of the official launch of its blockchain testnet in early Q4 2024. 🚀

OpenLedger announced the funding amid increasing integration of AI into blockchain, where data sovereignty and digital identity are key issues.

With these tools, the team will be able to focus more on fixing the problems that have arisen with the AI ​​boom.

Investors in the funding round included MH Ventures, Finality Capital, HashKey Capital, Mask Network and WAGMI Ventures, as well as leading angel investors from the crypto space."

"Bonk" leads among profitable meme coins with an increase of 8% 📈. Despite an overall decline of 21% this month and 42% from the March high, analysts expect continued growth. "Base Dawgz" is also turning heads, grossing $2.3 million in pre-sales. But it’s worth remembering: the cryptocurrency market is unpredictable.

"Billy" is a new meme token that has taken off on the wave of popularity of dog coins. Since its launch in June, its value has grown to a record $0.1320, providing a capitalization of $115 million. 🚀

However, not everything is so rosy. Meme tokens are easily manipulated and owners can be left with an empty bag, as happened with BEER and Water tokens.

Despite the initial hype, rapper Iggy Azalea's MOTHER token is down 79% from its all-time high.

However, some meme tokens have achieved great success. Pepe's capitalization exceeded $4 billion, and Dogwifhat and Floki - $2.18 billion and $1.7 billion, respectively.

Businessman Grant Cardone made his first foray into crypto real estate by listing his $42 million Florida property for sale through blockchain platform Propy. 🏠 Propy is a secure platform for buying and selling real estate on the blockchain.
“We are fully confident that blockchain will revolutionize real estate. We use top-notch technology to make transactions seamless and seamless. This is the future of real estate, and we are leading the way!” - Cardon said.
- The Propy platform, which ensures transaction security through blockchain immutability, has gone even further by integrating with Base Layer 2 technology. This significantly improves efficiency and offers tokenized addressable markets through PropyKeys.
- Natalya Karayaneva, founder of Propy, emphasized the attractiveness of the platform for high-income individuals, investors and cryptocurrency buyers. She noted that listing is available in Bitcoin (BTC) and USD, hoping that Propy will become a leader in cryptocurrency real estate.

Nycrypto Labs, a developer of blockchain projects, raised $800,000 in pre-seed funding. This coincides with the launch of the company's flagship product, the Tidus wallet. 🚀 This is the first multi-chain wallet to offer cross-chain borrowing, staking and exchange within the app. Tidus Wallet is designed to eliminate the risks associated with transferring assets between different blockchain networks, providing a more secure and simplified user experience. It supports networks such as Ethereum, Solana, Base, TON, Optimism, Arbitrum, Polygon and Bitcoin.

"Despite Bitcoin's strong start in 2024, crypto mining stocks outperformed BTC after the halving. Hut 8 and Bitfarms posted the highest returns. 📈 The fourth Bitcoin halving event led to significant changes in the mining industry, hitting small companies the hardest due to "suboptimal infrastructure and lack of economies of scale." As a result, private equity firms have been consolidating smaller firms despite recent problems with Bitcoin. This has led to a noticeable rise in miner stocks."

In an interview with crypto.news, Bing Wang, Chief Legal Officer of BasedVC, discussed the complexities of real-world asset (RWA) tokenization and the regulatory challenges preventing its mass adoption. The total value of assets in the RWA market is close to $8 billion and is expected to reach $24 trillion by 2027. However, the path to mass adoption is fraught with obstacles, especially on the legal side. Wang believes that a clear strategy is needed to meet various international standards. 😕

"Solana-based Bonk (BONK) meme coin recently surged 10%, outpacing other popular meme coins in the top 100 cryptocurrencies. 🚀

At the time of writing, BONK is up 8% in the last 24 hours, trading at $0.000025. Its capitalization is $1.77 billion, making it the 52nd largest cryptocurrency.

Daily trading volume also increased significantly, doubling to approximately $350 million. However, BONK is still 44% below its all-time high of $0.000047 reached on March 4th.

Despite some declines, traders are optimistic about the future of BONK. After all, key technical indicators are showing bullish signals, and prices are approaching critical resistance levels.

While BONK is gaining traction, other meme coins such as Dogewhifhat (WIF) and Dogecoin (DOGE) have fallen by 2.37% and 2.7% respectively in the last 24 hours. The overall cryptocurrency market is experiencing a slight decline, with capitalization falling 1% to $2.31 trillion."

📉 Beta Finance (BETA), a DeFi platform that allows users to borrow, lend, and short-sell crypto assets, is down nearly 98% since launching in January 2022. Despite the recent rise of 94% in the last 7 days, the BETA price is still far from the yearly high of $0.11. The reason for the growth may be the positive sentiment in the DeFi market and the latest developments of the project. However, the future of BETA remains uncertain due to high volatility.

The HUND meme coin, based on the Solana blockchain, showed significant growth, increasing by 17% and gaining trending status on Google. 🚀 At the time of writing, HUND is still up 9%, trading at $0.00942. Trading volume for the day increased by 3.7%, amounting to about $4.6 million. The total capitalization of the meme coin increased by 10% to $3.7 million. Despite this, HUND is still 72% below its all-time high of $0.03415, reached on March 30th. The coin is already registered on two major crypto exchanges, MEXC and Bitmart. Despite the overall meme coin market decline of 1.8%, HUND continues to grow.

📉 Santiment data shows that XRP accumulation is increasing while the number of tokens on exchanges continues to decline. Over the past 30 days, 20 new “whales” have accumulated between 1 and 10 million XRP. There are currently 1583 such wallets.

The number of “whale” transactions worth at least $100,000 in XRP increased by 208% in a day. Despite the activity of the whales, the price of XRP continues to consolidate, trading at $0.478.

The daily trading volume of XRP increased by 42%, reaching $770 million. The supply of XRP to exchanges increased from 58.66 million to 76 million tokens per day. At the same time, the number of XRP leaving exchanges increased by 564% - from 11.01 million to 73.14 million tokens.

The constant decrease in the supply of XRP on exchanges since January 30 indicates the accumulation of cryptocurrency by new holders.

"Chainlink saw a significant increase in developer activity in June, ranking second behind Hedera, according to the Santiment platform. Hedera remains at the top for activity on GitHub, but Chainlink data shows a surge in events over the past 30 days, pushing the project to 2nd place. 🧑 ‍💻 Despite the market decline, the high level of developer activity indicates the steady development of these projects and the potential for product growth and user acquisition. For example, the Chainlink team released an update about the adoption of their services on 8 blockchain networks."

"Analyst Captain Faibik predicts a bullish July for Ethereum, with expected significant growth in ERC-20 meme coins, including KangaMoon. Ethereum is preparing for a bullish run, with KangaMoon and Pepe emerging as meme coins ready to take off with Ethereum. KangaMoon, which has completed its pre-sale , promises great potential 🚀

KangaMoon, after a successful pre-sale, is preparing to list on BitMart and MEXC. With its unique earning game mechanics, KangaMoon has attracted over 10,000 token holders and over 32,000 community members.

Pepe Coin is an ERC-20 meme coin with the highest bullish sentiment. With KangaMoon on track to reach $1 this year, the token is expected to gradually build momentum and possibly break $1 by Q4."

Robinhood is acquiring Pluto Capital, an artificial intelligence research platform, to strengthen its retail investment offerings, including cryptocurrency. Pluto, known for its personalized investment advice and real-time analytics, will help Robinhood attract institutional clients and expand its presence in the crypto industry. 📈#cryptocurrency#Robinhood #PlutoCapital"

"Marathon Digital Holdings Inc. (MARA) shares rose 11% on Monday, reflecting gains in cryptocurrencies. Bitcoin, despite bearish pressure, broke through the $63k mark on July 1, helping crypto stocks rise. MARA and COIN show strong gains." At the same time, RIOT shares, despite growing by 5%, continue to lag behind BTC. Experts suggest that Bitcoin may show growth in July 📈."

"Roaring Kitty" raised the value of meme coin Chewy (CHWY) on the Solana blockchain by 500% after it revealed a 6.6% ownership stake in online pet store Chewy Inc.🚀 CHWY is the latest meme token on Solana , who grew out of his association with Roaring Kitty, although no official connection has been established between him and the project. At the same time, "Roaring Kitty" faced a lawsuit alleging manipulation of GameStop stock.#cryptonews#blockchain #solana