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Cointelegraph
325K subscribers
Cointelegraph
🇺🇸 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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Cointelegraph
🚨 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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Cointelegraph
🇺🇸 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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Cointelegraph
🚨 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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Cointelegraph
🇺🇸 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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Cointelegraph
🔥 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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Cointelegraph
🇺🇸 NEW: President Trump says "there's no reason to raise interest rates."

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Cointelegraph
🇺🇸 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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Cointelegraph
🚨 ALERT: Crypto Fear & Greed drops to 8, deep in Extreme Fear territory.

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Cointelegraph
⚡NEW: Phemex launches the 2026 Ultimate Championship, a 42-day trading and prediction campaign with a $7M prize pool.

At the center of the campaign is the Golden Ball, which users can earn and use across multiple event tracks, including prediction markets, Mystery Boxes, trading challenges, and country-based team competition.

The campaign runs from June 8 to July 20.

https://phemex.com/football-championship/2026-ultimate-championship?group=8351&referralCode=IPWHK5

[Brought to you by Phemex]

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Cointelegraph
🔥 JUST IN: Strategy bought 1,550 BTC for $101.3M

They now hold 845,256 BTC.

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