JPMorgan has expressed its support for U.S. legislation aimed at creating a regulatory framework for digital assets, while cautioning that new regulations must effectively address existing gaps without introducing new risks.

Silicon Valley Bank reports a resurgence in bitcoin-backed lending, highlighting improved risk management and growing institutional involvement in the wake of previous market collapses.

Bitcoin has dipped below $60,000 and is on track for a rare back-to-back quarterly loss, with both Bitcoin and ether ending the second quarter in negative territory. Major altcoins are experiencing even sharper declines, leaving traders concerned about the market's future direction.

Framework Ventures has launched a $400 million fund aimed at financing AI and robotics through tokenization, marking a significant shift in the crypto landscape towards real-world applications. Co-founder Michael Anderson emphasizes the evolution of blockchain into a financial infrastructure for capital-intensive industries.

SBI's $289 million acquisition of the crypto exchange Bitbank marks a significant consolidation move in Japan's digital asset market, focusing on regulated scale amidst evolving industry regulations.

Michael Saylor signals intentions for more bitcoin purchases despite a decline in Strategy's stock. The firm holds over 847,000 bitcoin while facing scrutiny over its funding model.

Samson Mow claims that bitcoin has reached its lowest point, arguing that the traditional four-year halving cycle has accelerated, while analysts remain divided on the potential for further declines.

Robinhood's recent layoffs highlight significant trends in the crypto investment landscape, revealing insights about market cycles and investor sentiment. Experts suggest that these staffing changes, rather than signaling immediate market distress, indicate a typical phase in the ongoing bear market.

Bitcoin's recent decline is closely tied to a selloff in gold and silver, as a hawkish Federal Reserve and a stronger dollar make non-yielding assets less appealing. This trend underscores the interconnectedness of these assets in the current market dynamics.

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Coinbase's layer-2 network Base has resumed operations after a two-hour outage that interrupted its block production and transaction processing.

Invesco has filed to create the Invesco Stablecoin Reserves Onchain Fund, focusing on investments in cash and short-term U.S. Treasuries to support stablecoins, marking a significant step in its blockchain strategy.

Ric Edelman points out that while crypto prices are struggling, significant growth is occurring behind the scenes with institutional adoption and tokenization. He emphasizes that the outcome of the CLARITY Act will be crucial for the future of crypto markets.

Securitize and tZERO are embroiled in a patent dispute as the push for tokenization on Wall Street gains momentum, with both companies taking legal action against each other.

The crypto industry is rallying for a U.S. House bill to clarify tax treatment for mining and staking assets, pushing for a deferral option on income recognition.

The Ethereum Foundation faces leadership scrutiny following co-executive director Hsiao-Wei Wang's resignation, amidst a wave of senior departures that has sparked discussions about the foundation's governance and future direction.