US senators are in a marathon vote-a-rama over amendments to Donald Trump’s massive tax and spending bill, with one lawmaker bidding to include tax cuts for crypto.

Trump’s Big Beautiful Bill in overtime as senators jam crypto clauses

XRP remains at risk of dropping to $1 if a key support zone is lost — one that 
aligns with the onchain realized price level.

XRP price predictions above $3 in 2025 have one major flaw

XRP price is nearing a significant move in July as its triangle pattern nears 
confluence and a recently launched leveraged exchange-traded fund gains 
momentum. Ripple (XRP) was trading at $2.20 on July 1, where it has been stuck 
in the…

XRP price nears breakout as top Ripple ETF hits $158m milestone

Tom Lee, the market strategist known for his insightful predictions on Bitcoin 
(BTC) and broader crypto prices, has taken on the role of chairman of the 
board at BitMine Immersion Technologies, a Bitcoin mining company now setting 
its sights on becoming the largest publicly traded holder of Ethereum (ETH). 
Tom Lee Appointed Chairman At BitMine Lee’s appointment comes alongside an 
ambitious plan to raise $250 million in a private placement aimed at 
implementing a strategy that positions Ethereum as the primary treasury 
reserve asset, while still maintaining its core Bitcoin mining operations. 
This initiative reflects a growing trend within the financial services sector, 
where the convergence of traditional finance and cryptocurrency is gaining 
momentum, further highlighted by President Trump’s decision to establish a 
strategic crypto reserve. Related Reading: Solana Forms Bullish Flag On Daily 
Chart — Breakout Imminent? Lee highlighted this shift during an appearance on 
CNBC’s “Squawk Box,” stating, “The financial services industry and crypto are 
converging, and it really started with stablecoins.” Lee likened stablecoins 
to the &#8220;ChatGPT of crypto,&#8221; emphasizing their widespread adoption among 
consumers, businesses, and financial institutions, including major players 
like Visa. Interestingly, stablecoins have gained a major victory in Congress 
last week with the passage of the GENIUS Act which aims to provide a new 
regulatory framework for these crypto assets. Transforming Into An Ethereum 
Treasury Powerhouse According to Lee, Ethereum serves as the foundational 
architecture for stablecoins, making it crucial for BitMine to accumulate ETH 
in order to influence and secure its position within the network. The 
company&#8217;s strategy will include monitoring the value of Ethereum held per 
share as a key performance metric, akin to Strategy&#8217;s (previouisly 
MicroStrategy) well-known “BTC Yield” metric for Bitcoin. During his 
interview, Lee explained that BitMine plans to enhance the value of ETH per 
share through reinvestment of cash flows, capital market activities, and the 
appreciation of Ethereum itself. As more companies explore treasury management 
strategies beyond Bitcoin, BitMine is not alone in its pivot. It joins other 
firms like SharpLink Gaming, which initiated its own Ethereum treasury 
strategy earlier this year, and DeFi Development, which is focusing on Solana. 
Related Reading: Wave 3 Ignites As XRP Breaks Structure—Analyst Says 
‘Fireworks Ahead’ This announcement sparked a major surge for the Bitcoin 
mining company which started the day with a market capitalization of just $26 
million. However, following Lee’s interview, the number skyrocketed beyond the 
$200 million mark. BitMine&#8217;s stock, trading under the ticker name BMNR, also 
saw a major surge on Monday closing the day at $33.90 per share. According to 
Yahoo Finance data, this means a nearly 700% surge for the mining firm’s 
shares. On the other hand, Ethereum has retraced 1% below the key $2,500 level 
in the 24-hour time frame to its current price of $2,470 per token. Featured 
image from DALL-E, chart from TradingView.com

BitMine Stock Soars 700% After $250 Million Raise For Ethereum Treasury

Kosher Capital integrates Gloria AIs real-time news feeds to upgrade its 380 
autonomous trading agents with macro and crypto intelligence.
The post Gloria AI links up with Kosher Capital to refine agent strategies 
using live signal feeds appeared first on Crypto Briefing.

Gloria AI links up with Kosher Capital to refine agent strategies using live signal feeds

Competition is heating up as more exchanges set up operations in Europe, where 
MiCA provides new “rules of the road.”