Trump’s Crypto Connection: Binance’s Surprising Role and CZ’s Pardon Plot 🤔

According to a Bloomberg report, which, as always, prefers to remain coy about its sources, Binance not only penned the code for the USD1 stablecoin smart contract but also played a pivotal role in its promotion. The exchange facilitated a $2 billion transaction in USD1, a sum so vast it could buy a small country—or at least a few more Twitter followers for a certain ex-president. 🌍💰

When Crypto Brokers Met Their Match: The Rule That Wasn’t

This rule, with the catchy title “Gross Proceeds Reporting by Brokers that Regularly Provide Services Effectuating Digital Asset Sales,” was a real gem. It wanted to classify decentralized finance (DeFi) exchanges as brokers, which meant they’d have to tell the IRS all about your digital asset transactions. 🤑

BlackRock’s Bitcoin ETF: The Parabolic Phenomenon 🚀💰

For context, let’s take a stroll down memory lane: it took Vanguard’s $VOO a whopping 1,814 days to reach the same milestone. IBIT, however, didn’t just sprint past the finish line; it rewrote the entire script. As of July 10, IBIT boasts $80.11 billion in net assets, with cumulative net inflows of $53.45 billion—four times more than the next closest competitor in the Bitcoin ETF space. 🤯

SharpLink’s Epic Ethereum Gambit: $25.7M Bet on the Future 🎲💰

On the fateful day of July 10, 2025, SharpLink Gaming, with a flourish of bravado, finalized the purchase of 10,000 ETH for a staggering $25.7 million, each ETH costing $2,572.37. This transaction, made directly with the Ethereum Foundation, is a rarity, a testament to SharpLink’s unwavering commitment to the Ethereum ecosystem. 🌟