Coinbase and Ripple execs join California officials to streamline state operations

California Governor Gavin Newsom launched the California Breakthrough Project with Coinbase, Ripple, and MoonPay executives to improve state operations, focusing on procurement, hiring, and AI integration.
Moscow Exchange to Launch Ethereum Futures Index Fund

The Moscow Exchange plans to launch an Ethereum futures index fund tracking BlackRock’s iShares Ethereum Trust ETF in August, following its recent Bitcoin futures offering.
Redfin economist urges caution as government considers crypto-backed mortgage assessments

Redfin economist warns against using crypto in mortgage assessments due to volatility and security risks, as US regulators study potential rule changes for digital assets.
Sharplink overtakes Ethereum Foundation to become largest ETH holder

SharpLink Gaming is now the largest corporate holder of Ethereum with 280,706 ETH worth $867 million, surpassing the Ethereum Foundation. The firm stakes 99.7% of its holdings, generating additional ETH.
JP Morgan Dives Deeper into Stablecoins Despite Jamie Dimon Doubts – Decrypt

JP Morgan is advancing its stablecoin initiatives despite CEO Jamie Dimon’s skepticism, as major banks explore digital assets amid U.S. crypto legislation efforts and market growth.
Standard Chartered Opens UK Branch for Institutional Crypto Trading – Crypto News Bitcoin News

Standard Chartered launches UK institutional crypto trading, offering Bitcoin and Ethereum access with plans for digital asset forwards amid growing demand and regulatory shifts.
Ethereum Climbs While Bitcoin Falls After Record Surge—Here’s Why – Decrypt

Ethereum rises 20% weekly as Bitcoin dips, driven by corporate ETH purchases, regulatory optimism, and ETF hopes. Analysts cite shifting market dynamics favoring ETH over BTC.
Companies Scoop $1.6B Ethereum in Treasury Race: One ERC-20 Token Gains the Most

Companies like SharpLink and BitMine have purchased $1.6B in Ethereum, boosting ERC-20 tokens. TOKEN6900 gains traction as Ethereum investments surge, with $990M inflows last week.
Senate Agriculture’s Top Dem: Crypto Market Structure Effort Needs ‘Serious Changes’

Senator Amy Klobuchar demands significant changes to crypto market structure legislation, emphasizing consumer protection and regulatory funding, while Republicans push for swift action.
Hyperliquid overtakes MEXC and Bitget in PUMP spot trading volume

Hyperliquid surpasses MEXC and Bitget with $165M in PUMP spot trading volume, ranking third globally behind Gate and Bybit, signaling growing DEX adoption.