🚨 TODAY: Elon Musk thinks SpaceX could become the “largest in this sector of the galaxy”.

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🇺🇸 SEN. LUMMIS: “The Clarity Act passed committee. The floor is next. We did not come this far to quit at the 5 yard line.”

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🚨 LATEST: Peter Schiff pushed back on Jamie Dimon's call to subject crypto firms to bank-level capital and compliance rules.

He argued stablecoin issuers don't make risky loans like FDIC-insured banks do.

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🇺🇸 NEW: The US House Ways and Means Committee circulated 7 draft bills on digital asset taxation ahead of Tuesday's hearing.

Proposals include tax relief for mining, staking, and a "de minimis" exemption for small crypto transactions.

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🚨 NOW: Coinbase CEO Brian Armstrong predicts demand for AI is near infinite, but expects 80% of workloads to run on 99% cheaper models within 12–18 months.

He adds that energy and compute will be the limiting factor.

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🇺🇸 LATEST: A New York Supreme Court judge has stayed a lawsuit seeking ownership of nearly 40,000 dormant Bitcoin wallets, with a hearing set for July 14.

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🔥 NEW: Nvidia CEO Jensen Huang brushed off concerns over the global chip stock selloff, saying "Everybody should be very excited, they can now buy stock at a cheaper price."

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🇺🇸 NEW: President Trump says "there's no reason to raise interest rates."

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🇺🇸 ETF FLOWS: Spot BTC, ETH, and SOL ETFs saw net outflows last week, while spot XRP and HYPE ETFs recorded net inflows.

• BTC: -$1.72B
• ETH: -$168.22M
• SOL: -$6.52M
• XRP: $2.62M
• HYPE: $16.65M

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