prediction: bitcoin punches through 130k within two months• schwab opening spot trading to 40m clients, standard chartered lining up• fresh $2.4b hit spot funds this week, sequans adds $150m more• long-term holders keep stacking while whales yank almost 9k coins off exchangestradfi doors swing open, supply shrinks. simple math ...

JUST IN: Standard Chartered predicts $200,000 Bitcoin by the end of the yearSend it 🚀 https://t.co/Yj6hZJvY2E ...

Read SnapShot Issue 215 now:Crypto this week:🇺🇸 GENIUS, CLARITY, and the anti-CBDC Act all pass💲 StanChart launches BTC and ETH trading🚀 https://t.co/fkZp5lSe97 sees a record $600M ICO🇸🇻 El Salvador’s BTC stash now worth $760M🪙 Nasdaq files to add staking to BlackRock’s ETH ETF— and more ...

DeFi Developments - Theo Network and Standard Chartered launch thBILL, an on-chain money market product [1] - Lido introduces stVaults with MEV and fee structure options [1] - GMX recovers funds post-exploit via $5 million bug bounty [1]

Regulatory Landscape & Institutional Adoption - Banking regulators (OCC, Fed, FDIC) are greenlighting crypto, enabling banks to offer crypto services [1] - Institutional players, including the largest global bank, are entering the crypto space [2] - Standard Chartered became the first global bank to offer institutional Bitcoin and Ethereum trading [16][17] - Citigroup ($2 trillion) is considering issuing its own stablecoin to facilitate digital payments [18] - JP Morgan Chase will get involved in stablecoins due to fintech threats [24] Ripple & XRP - Ripple caters to institutional clients, building a path for them to XRP [3][5] - DZ Bank launched a digital custody service for crypto securities using the XRP Ledger [6] - A Swiss-regulated bank is the first globally to support Ripple's ROUSD stablecoin offering custody and trading to institutional clients [6] - Ripple has over 500 announced partnerships, including with major banks [11] - XRP can serve as a neutral bridge currency between different stablecoins issued by various banks [38] Stablecoins & Digital Finance - Crypto unlocks the path to digital finance and is the financial system for the internet [4] - Ripple's ROUSD has the potential to challenge existing stablecoins like USDT and USDC [31][32] - JP Morgan is filing for blockchain-related trademarks, indicating stablecoin plans [29] - As more stablecoins emerge, XRP's original use case as a bridge currency becomes more relevant [37] iTrust Capital Partnership - iTrust Capital is a platform for premium custody accounts and crypto Roth IRAs, offering 80+ digital assets [7] - iTrust Capital offers institutional-grade security and 100% US-based support [8] - New users can receive a $100 funding bonus by signing up through a specific link [8][9] - iTrust Capital has 0% annual fees and 1% cryptocurrency transaction fees [9]

Supply Dynamics - Only 115% of Bitcoin supply remains available for trading [1] - Supply shock is not just a concept, it's a mathematical reality [1] Institutional Adoption - Standard Chartered is launching a spot trading desk [1] - BlackRock has purchased an additional $416 million worth of Bitcoin [1] - 125 publicly listed companies are accumulating Bitcoin [1] - The Federal Reserve has approved bank custody of Bitcoin [1]

⚡️ NEW: Standard Chartered’s Geoffrey Kendrick says once stablecoins reach $750B market size expected by the end of 2026, it will potentially impact Treasury yield curves and USD demand. https://t.co/yjzQcXfk0d ...

Market Trends & Inflation - Bitcoin fell after inflation data showed prices climbed 2.7% in June [1][2] - Standard Chartered is launching digital asset trading service for institutional clients, allowing spot trading of Bitcoin and Ether [2][3] Regulatory Landscape & Legislation - Grayscale confidentially submitted an S1 with the SEC to list on a US stock exchange, number of shares and price range have not yet been determined [1][4] - The House failed to clear a procedural hurdle to move crypto bills forward, facing opposition from both Republicans and Democrats [7] - Coinbase's chief legal officer discussed the Clarity Act, the Genius Act (Stablecoin Regulation Bill), and the Anti-CBDC Surveillance State Act, emphasizing the need for regulatory clarity [8][9] - The Genius Act has already passed the Senate and could be signed by the president soon [10] - The Clarity Act aims to clarify the jurisdiction of the SEC and CFTC over digital assets [11][12][13] - The President aims to sign stable coin legislation by August recess and wants a market structure bill ready for signature no later than September 30th [19][20] Stablecoins & Blockchain Adoption - White House official David Saxs said more companies could be encouraged to use blockchain technology if the Genius Act passes, potentially leading to wider adoption by institutions like banks, Visa, and Mastercard [5][6] - US law recognizing stable coins is critical for confidence in the market and for major institutions to invest in this technology [15][16] Coinbase & Political Action - Fair Shake, a political action committee focused on the crypto industry, has $141 million cash on hand, including an additional $25 million contribution from Coinbase [22] - Coinbase has contributed nearly $100 million to Fairshake to date, supporting the enactment of sensible rules for crypto on a bipartisan basis [22][23]

Standard Chartered says stablecoins overshadowed bitcoin in discussions; $750 billion market size could trigger macroeconomic shifts https://t.co/VmViO1SqJa ...

Standard Chartered Now Offers Institutional Bitcoin, Ethereum Trading—Here's What It Means► https://t.co/JIml2bLoSf https://t.co/JIml2bLoSf ...