Core Insights - The digital asset market is experiencing strong bullish momentum, with Bitcoin recently reaching an all-time high of over $119,000 USD, driven by institutional ETF inflows and positive market sentiment [2] - Analysts predict an average Bitcoin price of $145,167 by the end of the year, supported by the US government's endorsement of a Bitcoin strategic reserve and progressive stablecoin legislation [2] - The approval of the first iOS game with Bitcoin Lightning Network rewards by Apple signifies a pivotal moment for Bitcoin's mainstream adoption [3] Company Developments - Digital Asset Technologies Inc.'s portfolio company, LiquidLink, is actively involved in the development of enterprise-grade Lightning Network infrastructure and tools for seamless integration of Bitcoin-native assets with the XRP Ledger [5][6] - LiquidLink's strategic focus on interoperability between the Bitcoin Lightning Network and the XRP Ledger positions the company as a leader in the evolving digital asset ecosystem [6] - LiquidLink is developing its flagship product, Xrpfy, which aims to provide self-custody discovery tools and trading intelligence for the XRPL ecosystem, potentially expanding to support multiple blockchains [8] Industry Trends - The launch of the XRPL EVM Sidechain enhances the XRP Ledger's capabilities, allowing for smart contracts and cross-chain interoperability, which could facilitate trading of assets from over 60 blockchains [4] - The integration of Lightning Network payments in mainstream gaming reflects the accelerating adoption and maturation of the digital asset space [4] - Digital Asset Technologies Inc. is well-positioned to benefit from the ongoing evolution of the digital asset markets through its proactive investments and innovative work by LiquidLink [6]

Regulatory & Legal Developments - Judge Torres denies Ripple and SEC's motion to amend final judgment, potentially impacting a $50 million settlement and institutional XRP sales [1] - Hong Kong launches Policy 2.0 with LEAP to boost tokenization and stablecoins [1] Fundraising & Investment - Bakkt files to raise $1 billion via shelf offering, potentially using proceeds to buy Bitcoin [2] - Trump's company World Liberty Financial secures a $100 million investment from a UAE-based fund [2] Market & Trading Activity - Coinbase stock COIN jumps 3.6%, reaching its highest level since going public in 2021 [2] New Products & Services - Kraken launches Krak, a P2P payment app for fee-free transfers across 160+ countries and 300+ assets [2] - Bitwise files amended S-1s for spot Dogecoin and spot Aptos ETFs [2] - Ripple integrates Wormhole to connect XRP Ledger and its EVM sidechain to 35+ blockchains [2] International Trade - The European Union is ready to make a trade deal with the US [2] - President Trump announces he has officially signed a trade deal with China [2]