Latest

Markets
Litecoin Spot ETF Sits at $9M as Altcoin-ETF Era Tests Its Demand Thesis
The first US spot Litecoin ETF has been trading for nearly eight months, but Canary Capital's LTCC has drawn under $10 million as LTC sits 89% below its all-time high, testing the thesis that altcoin ETF approval automatically translates into institutional inflows.

Regulation & Politics
Congress Strikes Housing-Bill Deal That Bans Fed CBDC Through 2030
Congressional negotiators folded a statutory ban on a Federal Reserve central bank digital currency into the bipartisan 21st Century ROAD to Housing Act, blocking any Fed-issued retail digital dollar until December 31, 2030. The text now heads back to the Senate floor.

CeFi
Kalshi Eyes Broader Asset Classes for Perpetual Futures After $5.5B Crypto Launch
After generating $5.5 billion in trading volume in two weeks, Kalshi is pushing to extend its CFTC-regulated perpetual futures beyond crypto into a wider range of asset classes.

Regulation & Politics
Illinois Enacts the Strictest Digital-Asset Tax in the US as Industry Group Urges Veto
Illinois Governor JB Pritzker has signed SB 3019, the Digital Asset Privilege Tax Act, making the state the first in the country to impose a transaction-based tax on everyday digital-asset activity. The Crypto Council for Innovation is pushing for a line-item veto of Article 3.

Blockchains
Ethereum's Glamsterdam Upgrade Enters Final Devnet Phase With 200M Gas-Limit Target
Glamsterdam has reached its final devnet stage, locking in ten EIPs including ePBS and Block-Level Access Lists. The bundle clears the path for a 200 million gas-limit floor and mainnet activation in H2 2026.

CeFi
Coinbase Stakes Out Brokerage Territory With SEC-Registered AI Advisor and Stock Options Push
Coinbase used its latest "System Update" Tuesday to push deep into territory long held by retail brokerages, rolling out an SEC-registered AI investment advisor, stock and ETF trading on its professional platform, and options markets for both equities and crypto. The bundle moves the exchange's competitive frame from Binance and Kraken toward Robinhood, Schwab, and Interactive Brokers.

Regulation & Politics
Binance Could Face EU Exit as Reports Say Greek Regulator is Set to Reject MiCA License
Greece's Hellenic Capital Market Commission appears set to reject Binance's MiCA license application, putting the world's largest crypto exchange on course to lose EU client access on July 1. Binance disputes the account and says its application was considered compliant, promising an update before June 30.

Regulation & Politics
Tribal Coalition Files Amicus Briefs to Keep Prediction Markets Off Native Land
A coalition of federally recognized tribes and Indian regulatory bodies filed amicus briefs in two federal cases, arguing CFTC preemption would nullify tribal-state gaming compacts and strip tribes of authority to regulate Kalshi and Polymarket on Native land.

TradFi & Fintech
Coinbase Teases 1:1-Backed Tokenized U.S. Stocks With On-Chain Dividends
Coinbase announced plans for what it calls the first tokenized U.S. stocks backed 1:1 by actual shares, with automatic on-chain dividend distribution. The exchange described the product as 'no derivatives, no IOUs,' a direct contrast to the synthetic equity structures currently dominating on-chain equity trading.

TradFi & Fintech
BlackRock Launches BITA, a Covered-Call Bitcoin ETF Designed to Generate Monthly Income
BlackRock listed the iShares Bitcoin Premium Income ETF (BITA) on Nasdaq, overlaying a covered-call strategy on IBIT to generate monthly income while capping upside participation.

