Sony Buys Amber’s Japan Unit to Enter the Crypto Market: Reports Last year, Bloomberg had reported that Amber was planning to sell its Japanese unit.

Bitcoin’s Potential Rebound May Face Resistance at $65K, OnChain Analysis Shows Short-term holders wallets sitting on loss may liquidate holdings near $65,000, capping a renewed upswing in bitcoin’s price.

U.S. Judge Lets Most of SEC Case Against Binance Proceed, Dismisses Secondary Sales Charge A federal judge ruled the SEC had plausibly alleged Binance, Binance.US and Changpeng Zhao violated federal securities laws.

Ripple’s Big Court Win Nonetheless Muddied Waters on Whether XRP Is a Security Deserving Tougher Regulation In a near-vacuum of legal and regulatory clarity for crypto, district judges’ opinions on whether a given token is a security or not – which determines the level of regulation – can vary from court to court.

U.S. Treasury Issues Crypto Tax Regime For 2025, Delays Rules for Non-Custodians The IRS has now set up its reporting system for crypto brokers, but it set aside related rules for DeFi and unhosted wallets as it continues to study 44,000 comments to the agency.

Elections Across Europe Won’t Hinder Bloc’s Crypto Ambitions France, Austria, Germany and other countries are expected to have elections soon, following this month’s European Parliament contest.

Bitcoin and Crypto Closing Out Lame Quarter and One Analyst Believes More Pain Could Be in Store The price of bitcoin has dipped about 15% during the second quarter.

Supreme Court Rules to Overturn the Chevron Doctrine, Curbing Federal Agencies’ Power The U.S. Supreme Court ruled 6-3 on Friday to drastically curb the authority of federal regulators, overturning a 40-year-old legal precedent that gave regulatory agencies leeway to interpret the laws they are tasked with enforcing.

Solana ETF Applications Look Like Bets on Trump Retaking White House, Making U.S. Friendlier to Crypto VanEck and 21Shares’ applications seem doomed under the Biden administration. But they include a deadline that lapses when Trump would be in office, if he wins the presidency in November.

SEC Sues ConsenSys Over MetaMask Staking, Broker Allegations The U.S. Securities and Exchange Commission sued Ethereum software provider ConsenSys over its MetaMask service Friday, alleging the wallet tool was an unregistered broker that “engaged in the offer and sale of securities” and that its staking service violated federal securities laws.

DePIN Can Rebuild the Grid From the Bottom Up As the U.S. electricity grid struggles with wide scale outages, crypto-powered demand response programs can save customers billions. These decentralized generative energy networks (or DeGEN) offer services valuable to customers and governments alike.

First Mover Americas: Bitcoin Awaits PCE Inflation Report The latest price moves in bitcoin (BTC) and crypto markets in context for June 28, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Europe’s MiCA Is Finally Here. How Will the U.S. Respond? It’s time for the U.S. to reassert its place as the global leader in financial services regulation and innovation, writes Circle’s Dante Disparte.

Kraken Co-Founder Jesse Powell Donates $1M, Mostly Ether, to Donald Trump Powell said he is supporting the only major pro-crypto party candidate.

Kaspa’s KAS Token Bucks Broader Market, Surges 26% in a Week The rally was accompanied by an even-bigger surge in futures open interest.

T-Rex Group Files for 2x Long, Inverse Microstrategy ETF Bloomberg ETF analyst Eric Balchunas said this will be the ‘ghost pepper’ of ETF hot sauce.

Long Dormant Whale Sends $61M BTC to Coinbase, OnChain Data Shows The so-called old hands have been selling coins this quarter, adding to bearish pressures in the market.

Ether to Hit $6.5K Later This Year Driven by Inflows Into Spot ETFs: Analyst The crypto market is being overly pessimistic about the imminent launch of spot ether ETFs in the U.S. and net inflows could hit $20 billion in the first year, Steno Research said.

Trump Surges to 67% in Polymarket Odds Post Presidential Debate Biden’s chances at becoming the Democratic nominee also slid to 70%, while Gavin Newsom’s odds jumped to 15%.

Crypto Unmentioned at First 2024 U.S. Presidential Debate President Joe Biden and former President Donald Trump faced off in a debate on Thursday evening.