UK Sets July 4 Date for Election Likely to Oust Conservative Party, Spelling Uncertainty for Crypto Hub Plans
The Labour Party has been silent on crypto, but said it is interested in promoting tokenization in the country.Source
Cboe Publishes Amended Spot Ether ETF Filings as Industry Renews Approval Hopes
Cboe, an exchange associated with five of the issuers of a potential spot ether exchange-traded fund (ETF), published its amended 19b-4 filings in response to feedback from regulators. The applicants include Fidelity, VanEck, Invesco/Galaxy, Ark/21Shares and Franklin Templeton.Source
Ether Rally Prompts Over $300 Million ETH Inflow to Crypto Exchanges: Nansen
The fast move likely signals short-term profit taking after ether’s rapid 30% rally, one observer noted.Source
Trump Becomes First Major Party Candidate to Accept Crypto Donations
The likely GOP flag-bearer in the upcoming U.S. presidential election signaled his friendliness to crypto at a campaign fundraiser two weeks ago.Source
Several U.S. House Democrats Petition Colleagues to Join Yes Side on Crypto Bill
The U.S. House of Representatives is on the verge of a vote on Wednesday that is widely expected to approve comprehensive cryptocurrency legislation with bipartisan support – a major milestone for the industry – and several Democrats there are pushing their colleagues to vote yes.Source
Bitcoin Surges Over $71K as Ether ETF Hopes Lead to $260M in Short Liquidations
Some traders expect ether prices to reach as high as $4,000 in the coming days, with odds of an ether ETF approval raised to 75%.Source
Ether (ETH) Surges 17%, Polymarket Approval Chances Rocket, as ETF Makes Regulatory Progress
The U.S. SEC has asked exchanges to update 19b-4 filings for ether ETFs ahead of a key deadline, suggesting potential approval progress, though approval is not guaranteed.Source
NYAG Takes Victory Lap as Court Approves Genesis Settlement
NYAG says the settlement will establish a fund for New Yorkers who invested more than $1.1 billion in Genesis through the Gemini Earn program and blocks Genesis from operating in the state.Source
Democrat House Leadership Says Crypto Bill Vote Won’t Be Whipped
Ranking members strongly oppose this bill as written, an email obtained by Politico reads, but will stop short of putting it to a whipped voteSource
Alleged Owner of Darknet Narcotics Bazaar ‘Incognito Market’ Arrested in New York
U.S. authorities have arrested and charged a Taiwanese national with operating darknet drug bazaar Incognito Market, which he allegedly used to facilitate over $100 million in crypto-denominated sales of illegal narcotics including fentanyl.Source