Planet Morning Brief

1. Trump signs the GENIUS Act, establishing the first federal regulatory framework for stablecoins in the US;
2. US SEC Chair: Stablecoins fall under the jurisdiction of banking regulators;
3. Ethereum’s market cap surpasses Costco, rising to 29th place among global assets;
4. SharpLink Gaming increases its holdings by 19,084 ETH;
5. WLFI spends $200,000 to purchase BANK, TAG, EGL1, LIBERTY, and B;
6. Ether.fi to launch on the HyperLiquid ecosystem, introducing the beHYPE staking token;
7. Trump seeks to impose a minimum 15-20% tariff on all EU goods;
8. Fed Governor Waller: Waiting another six weeks to cut rates may not be a problem, but there’s no reason to keep delaying;
9. Bank of America: Trade war challenges the “US exceptionalism” narrative, US equities’ share of global capital drops sharply;
10. Basel Medical Group has suspended its Bitcoin acquisition strategy;
11. Analysis: The GENIUS Act bans yield-bearing stablecoins, which will benefit Ethereum DeFi;
12. Report: Crypto theft losses expected to reach $4 billion in 2025, with wallet attacks surging and robberies also rising significantly;
13. James Wynn: BTC.D rebounds, altcoin season may be postponed;
14. Bit Digital increases its holdings by 19,683 ETH, bringing total holdings to over 120,000 ETH;
15. Two related wallets transferred 2,831 MKR to an exchange, realizing a profit of $1.58 million;
16. Cumberland transfers 35,000 ETH to an exchange, worth about $126 million;
17. Trend Research address withdraws another 1,004,500 UNI from an exchange, valued at over $10.69 million;
18. Publicly listed company MEI Pharm establishes an LTC treasury, plans to invest over $100 million, and the LTC founder will join the board;
19. US-listed company TAO Synergies spends $10 million to acquire TAO tokens as treasury reserves;
20. dYdX acquires crypto social trading platform Pocket Protector, marking its first external acquisition;
21. Nasdaq-listed BIYA plans to acquire UpTop.Meme’s parent company Starfish, entering Web3 and expecting a $15 million profit boost;
22. US July one-year inflation expectation preliminary value at 4.4%, forecast 5.00%, previous 5.00%;
23. American Express CEO: Stablecoins are more like investment tools and will not replace fiat currency;
24. JD Coin Chain Technology: JD stablecoin has not been issued, all trading platforms offering JD-HKD/USD are counterfeits;
25. An exchange: Extra gas fees incurred by some users during the Bonding Curve TGE have been refunded;
26. Musk posts about Ani again, and the meme coin Ani’s market cap briefly surpasses $44 million.