Market Trends & Crypto Performance - Crypto majors experienced a downturn while the S&P 500 reached a new all-time high [1] - BTC decreased by 1% to $106,600, ETH decreased by 1% to $2,450, XRP increased by 1% to $2.10, and SOL decreased by 1% to $149 [1] - Memecoin leaders were mostly down, including DOGE (-2%), Shiba (-2%), PEPE (-4%), TRUMP (-3%), BONK (-5%), SPX (-10%) & FARTCOIN (-1%) [1] - Overall NFT market cap fell 3% to $9.2 billion [3] Corporate Developments & Investments - Robinhood announced new crypto products, including tokenized U.S stocks, a custom Layer-2 blockchain, crypto staking, leveraged futures, and AI-powered portfolio tools; stock increased by 13% [1] - MicroStrategy purchased an additional 4,980 BTC, valued at approximately $532 million [1] - Bitmine stock surged 700% following the announcement of Tom Lee as Chairman, planning to build an ETH Treasury with an initial investment of $250 million [1] - Eric Trump's American Bitcoin expanded to Dubai, raising $220 million for Bitcoin acquisition and mining equipment [1] New Products & Integrations - Jupiter integrated xStock trading, enabling users to swap SOL, stablecoins, and memecoins for stocks like NVDA and MSTR [2] - Rex-Osprey's Solana Staking ETF was approved to begin trading [1] - Ripple's CTO confirmed Ethereum-compatible smart contracts are live on XRP Ledger [1] - Bitget Wallet partnered with Mastercard and Immersive for new crypto payment cards [1]
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TylerD ๐งโโ๏ธยท2025-07-01 12:16