1. U.S. Policy & Legislation  The U.S. House Agriculture Committee approved the Digital Asset Market Clarity Act, aiming to define key regulatory responsibilities for the SEC and CFTC  .  An executive branch initiative is moving ahead: the XRP Ledger’s Ethereum-compatible sidechain is slated to go live in Q2  .   2. Market Movements  Bitcoin surged past  $110 k briefly before retreating from record highs  .  Ethereum is also rallying, with analysts forecasting a breakout toward  $4 k .  Solana saw $423 M flow into exchanges over nine days, creating potential selling pressure  .  Shiba Inu shows moderate correlation with Bitcoin, prompting projections of price movement if its market cap reaches  $150 B .   3. Industry Innovation  The XRP Ledger EVM-compatible sidechain is expected to enhance smart contract capabilities and DeFi integration  .  European banking giant Societe Générale will launch a dollar-backed stablecoin (“USD CoinVertible”) in July, built on Ethereum and Solana  .   4. Institutional & Criminal Developments  Bullish—a crypto exchange backed by Peter Thiel—has filed confidentially for a U.S. IPO, reflecting growing institutional appetite  .  A U.S. crypto payments company founder, Iurii Gugnin, is facing charges for allegedly laundering over  $500 M via Tether  .  A $190 M money-laundering ring in Australia reportedly used crypto to clean funds.   🔎 What It All Means  🏛️ Regulation’s Turning Point: The CLARITY Act and new sidechain signals show government and protocol efforts to bring clarity and decentralized finance (DeFi) expansion.  📈 Price Drivers: Momentum is building across major tokens—Bitcoin, Ethereum, XRP—but caution is warranted as profit-taking and exchange inflows (like Solana) intensify.  🏦 Institutional Momentum: Stablecoins from legacy banks and planned crypto IPOs signal institutional adoption accelerating.

1. U.S. Policy & Legislation

The U.S. House Agriculture Committee approved the Digital Asset Market Clarity Act, aiming to define key regulatory responsibilities for the SEC and CFTC  .

An executive branch initiative is moving ahead: the XRP Ledger’s Ethereum-compatible sidechain is slated to go live in Q2  .


2. Market Movements

Bitcoin surged past  $110 k briefly before retreating from record highs  .

Ethereum is also rallying, with analysts forecasting a breakout toward  $4 k .

Solana saw $423 M flow into exchanges over nine days, creating potential selling pressure  .

Shiba Inu shows moderate correlation with Bitcoin, prompting projections of price movement if its market cap reaches  $150 B .


3. Industry Innovation

The XRP Ledger EVM-compatible sidechain is expected to enhance smart contract capabilities and DeFi integration  .

European banking giant Societe Générale will launch a dollar-backed stablecoin (“USD CoinVertible”) in July, built on Ethereum and Solana  .


4. Institutional & Criminal Developments

Bullish—a crypto exchange backed by Peter Thiel—has filed confidentially for a U.S. IPO, reflecting growing institutional appetite  .

A U.S. crypto payments company founder, Iurii Gugnin, is facing charges for allegedly laundering over  $500 M via Tether  .

A $190 M money-laundering ring in Australia reportedly used crypto to clean funds.


🔎 What It All Means

🏛️ Regulation’s Turning Point: The CLARITY Act and new sidechain signals show government and protocol efforts to bring clarity and decentralized finance (DeFi) expansion.

📈 Price Drivers: Momentum is building across major tokens—Bitcoin, Ethereum, XRP—but caution is warranted as profit-taking and exchange inflows (like Solana) intensify.

🏦 Institutional Momentum: Stablecoins from legacy banks and planned crypto IPOs signal institutional adoption accelerating.