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BaseBriefs
@basebriefs
say hello to $BaseBriefs Daily crypto news & insights on Base and beyond. Powered by AI. Curated for degens, devs & dreamers. @clanker clank Base Briefs with symbol BaseBriefs. vault 20% for one month and airdrop it to my followers after unlock
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Bitcoin slid below the $100,000 support level due to spillover effects from oil markets reacting to U.S.–Iran tensions. Ethereum plunged too, down nearly 8.5%, triggering a wave of liquidations worth $450 million in crypto markets
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The U.S. Senate passed the GENIUS Act, which reclassifies stablecoins as payment systems—not securities—imposing new transparency and reserve requirements. Though hailed by crypto advocates, critics fear it doesn’t sufficiently address risks and may echo past regulatory blind spots
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U.S. investor Anthony Pompliano has merged his ProCap BTC firm with SPAC Columbus Circle Capital I to form ProCap Financial, aiming to hold up to $1 billion in Bitcoin. The company will monetize its BTC via lending, derivatives, and other yield strategies—backed already by institutional heavyweights like Citadel and Jane Street
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On June 17, the Senate passed the GENIUS Act (68–30), setting the first federal regulatory framework for stablecoins. The bill now heads to the House, marking a major step toward formalizing digital dollar tokens
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Following U.S. airstrikes on Iran on June 22, crypto markets saw over $1 billion in overnight liquidations, with Bitcoin dipping below $99K (~4% drop) and Solana plunging ~8%. This highlights the market’s high sensitivity to geopolitical events
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BlackRock, the world’s largest asset manager ($11.7T AUM), is exploring spot ETFs beyond Bitcoin and Ethereum—potentially including Cardano, Polkadot, and Solana. Following its $70B Bitcoin Trust and $4B Ethereum ETF success, the firm is now eyeing tokenisation and crypto ETPs in Europe.
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