POLITICS

  Kraken CEO Dave Ripley has described the Biden administration's stance as 'soft' regarding the passage of the FIT21 bill, he thinks that Biden might come in favor of crypto.

Donation: Gemini founders Winklevoss Twins Donates $2M in BTC to Trump. Cryptoverse is considering this as a part of Crypto industry coming together to get rid of Biden.  

AWARD & REWARD

 Bounty: ZachXBT receives $150k bounty from Arkham to identify the creator of DJT token. Martin Shkreli (who was blaming Donald Trump) was the creator of DJT.    

BUSINESS

  ETF:  On 20 June, $139.88 million net outflow in US spot bitcoin ETFs. Grayscale’s GBTC topped with $53 million net outflow. BlackRock’s IBIT recorded $1 million in net inflow.

Stablecoin: Bitgate has integrated Ethena's stablecoin USDe in big role on its platform. Probably Bitget wants profitability by getting yields offered by USDe.

 NFT: The digital arm of Japanese gaming group Konami has chosen the Avalanche blockchain to power its Racella NFT platform.     

BITCOIN

 Whale Purchase: Michael Saylor's company MicroStrategy ($MSTR) has purchased 11931 BTC for $786 million, following the completion of its strategic $800 million convertible note.  

Donation: Winklevoss Twins Donates $1M (each) in BTC to Trump campaign  against Biden.

International Dumping: Government of Germany owns more than 48k BTC, and is dumping Bitcoin to overseas exchanges like Kraken, Binance, Coinbase. This movement might hit market.     

LAW & CRIME

    When Fine is better than law: India's financial watchdog FIU fined Binance of $2.25 million.  Binance better pay the affordable fine, instead of bowing down to unjust demand of politicians, which will drive off its users.

Court Rule: After NYSD court refused to dismiss the SEC's case against Coinbase, now CND court refused to dismiss the SEC's case against Kraken.