The battle begins... Coinbase and OKX are going after Binance's users! After the news that @Binance would have to cease serving users in Europe due to licensing failure, both @Coinbase and @OKX have launched promotional campaigns targeting EU users. Per Wu Blockchain, $COIN is offering transfer rewards in key EU countries, while OKX is offering large deposit bonuses.

Goldman says Wall Street's IPO boom is real, not another dot-com bubble @GoldmanSachs says US IPO issuance has doubled year over year, with roughly 50 companies going public in 2026, already matching 2021's record pace by dollar value. But the bank says it lacks the speculative excess of the dot-com era. Chief US equity strategist Ben Snider points to more established companies, clearer paths to profitability, and more cautious investors as signs the rebound is grounded in fundamentals.

NEW: Reports are coming in that negotiations between Iran and the U.S. have been cancelled due to ongoing hostility.

Meta is quietly building a prediction markets app to take on Kalshi and Polymarket Mark Zuckerberg has directed @Meta staff to build a prediction-markets app called "Arena" that lets users place wagers with a points system rather than money, per a New York Times report. It would run independently of Facebook and Instagram. Insiders describe it as experimental but a top priority. Meta's apps drew 3.56 billion daily users as of March, a built-in audience dwarfing existing platforms.

Tether is turning its $23 billion gold pile into a lending business @Tether is bringing its tokenized gold token XAUT to crypto lender Ledn, with gold-backed loans expected to go live later this year. Holders will be able to borrow against their bullion instead of selling it, mirroring Ledn's bitcoin-backed lending model. Tether holds roughly $23B in physical gold, around 140 metric tons, ranking it among the world's top 30 corporate holders. Each XAUT represents one troy ounce stored in Swiss vaults.

Stellar just landed institutional tokenized gold and is putting its own treasury behind it @matrixdock, Asia's largest real-world asset platform, expanded its tokenized gold token XAUm to @StellarOrg, backed 1:1 by LBMA-accredited bullion. The Stellar Development Foundation is making a direct investment in XAUm as part of its treasury diversification. XAUm ranks among the world's top four tokenized gold products. Stellar's total RWA and stablecoin value has now reached $3.35B.

What on earth is going on with $VELVET ...?! @Velvet_Capital's native token is experiencing unexplained positive price action, currently up +1,657% on the month and +255% on the week. CoinMarketCap claims a recent integration with @AerodromeFi $AERO is behind the surge, but this doesn't seem like enough to us. Does anyone know what's going on?!

XRP, Dogecoin, Ethereum lead losses among blue-chip crypto assets. @dogecoin $DOGE is down -12% on the week, while both @Ripple $XRP and @Ethereum $ETH suffer -9% downturns in the period. At time of writing, no asset in the top-30 on CoinMarketCap has recorded positive price action in the past 7-days... This is getting bad...

Zcash' $ZEC token is suffering worst than most right now... @Zcash is down -16% on the week, making it among the biggest losers across major crypto assets. Though certainly not alone, the asset is also down -6% on the day. Is the privacy narrative over?!

Uniswap and Spark are building an FX market for stablecoins @sparkdotfi migrated roughly $150M into @Uniswap v4, one of the largest AMM liquidity migrations in DeFi, to launch a shared "FX Layer" for stablecoin swaps. The first pools pair Sky's USDS with Tether's USDT and PayPal's PYUSD. Rather than each issuer building its own pools, banks and fintechs can plug into one shared system. A coming DualPool hook lets idle capital earn yield between swaps.

The next phase of AI agents is less about chatting and more about earning @ethermage, CEO of @virtuals_io, told CoinDesk the company has expanded beyond gaming agents to build infrastructure for an "agent society," a permissionless economy where agents control wallets, trade with one another, and perform specialized tasks. Virtuals is building intent verification, escrow standards, and reputation systems to manage the risk, with staking determining how much capital each agent can handle.

Kalshi is raising at a $40 billion valuation, nearly double its last round Prediction market @Kalshi is in talks to raise fresh capital at roughly $40B, almost 2x the $22B valuation from its previous round, per the FT via CoinDesk. A deal could close as soon as Q3, widening its lead over @Polymarket, which is seeking funding at $15B. CEO @mansourtarek_ said the federally regulated exchange is weighing an eventual IPO, though not before 2027.

A Superstate co-founder wants to plug every fintech into DeFi yield Ground launched from stealth Wednesday with a $3.6M pre-seed co-led by @BainCapCrypto and @paraficapital, per The Block. Founded by Superstate co-founder Reid Cuming, it sells an API that lets neobanks and asset managers route idle balances into on-chain yield without building blockchain integrations. It currently plugs into Aave, Morpho, Maple, and Kamino across Ethereum, Solana, and Layer 2s, with liquid staking next.

Another $2.4 trillion asset manager is moving into stablecoins @InvescoUS filed June 24 to launch a money market fund built to hold stablecoin reserves under the GENIUS Act, per its registration statement. The firm manages $2.45T globally and could go live by late August. It joins State Street, BlackRock, Goldman, and JPMorgan in the same race. Wall Street is lining up to manage the assets behind a stablecoin market Citi projects could reach $1.9T to $4T by 2030.

DeFi and Solana led the green Friday as AAVE ripped 19% @aave's token jumped 19% after CoinDesk reported @krakenfx's parent is exploring a strategic investment. Founder @StaniKulechov teased "Aavenomics 3.0," an overhaul adding an automated buyback mechanism. AAVE trades near $95.79 as the largest DeFi lending protocol. @solana climbed roughly 10% as tokenized stock volume hit $2.5B this week, 10x a month ago and over 80% of all on-chain equity trading. $Jito surged 30%.

Pi2Day is here, and 60 million Pioneers are watching for what drops @PiCoreTeam reaches its annual June 28 milestone today, the date tied to 2π that has historically delivered major ecosystem releases. Last year's Pi2Day shipped Pi App Studio, Ecosystem Directory Staking, and node upgrades in a single day. Two campaigns conclude today: the Vibe Coder drive recruiting AI-app builders into Pi App Studio, and the SLICE Launchpad testnet token, which tests Pi's Web3 gaming flow without touching Pi Network mainnet supply.

Did Brian Armstrong just poke fun at Binance...? @Coinbase CEO @brian_armstrong flexed his exchange's European compliance since 2025 and even offered a "5% transfer bonus for people moving funds to Coinbase before July 13th". His post was in response to a post from Wu Blockchain pointing out @Binance's being forced to stop serving European users after failing to secure the correct licensing...

What memecoin should we cover next?

Is BNB Chain dominating the tokenisation sector?! According to data shared by @MSBIntel, @BNBChain native tokenised stocks have just passed $5 billion in cumulative trading volume. Can $BNB compete with tokenisation focused networks like @OndoFinance....?

Canton Network has generated over $60M in fees in the past month... According to data from DefiLlama, @CantonNetwork $CC has generated $60.12M in network fees over the past 30-days, and $12.94M in the past week alone. It beats out major platforms like @Uniswap $UNI, @aave $AAVE, and @BNBChain $BNB across both periods.