The Brutalist Report

Coindesk

• XRP beat bitcoin gains as CLARITY Act advanced, but a real bullrun still needs Congress [32m]
• Crypto longs lose $500 million as bitcoin slides to $78,000, SOL and XRP down 5% [4h]
• Bhutan ‘doesn’t recall’ selling any bitcoin, disputing widely-tracked $1 billion BTC drawdown [9h]
• U.S. House lawmakers who oversee the CFTC are urging Trump to fill the commission [14h]
• SpaceX targets June 11 IPO pricing, picks Nasdaq for historic market debut [16h]
• Saudi Arabia is tokenizing its multi-trillion dollar economy to protect its wealth from global shocks [19h]
• Lombard joins LayerZero exodus as $4 billion in assets switch to Chainlink's bridge [20h]
• CME, ICE push U.S. regulators to scrutinize Hyperliquid over manipulation risks [20h]
• Iran war shows markets no longer sleep [20h]
• Crypto market structure bill clears key hurdle as ethics debate looms over floor vote [20h]
• Bitcoin tumbles below $79,000 as rising bond yields, inflation worries rattle markets [21h]
• Kraken parent Payward cuts 150 staff, streamlining business ahead of planned IPO [21h]
• CoinDesk 20 performance update: BNB is only gainer as index drops 2% [22h]
• XRP gives back gains after Senate crypto bill sparks 5% rally [22h]
• Strategy to repurchase $1.5 billion of 2029 convertible bonds using cash or bitcoin sales [23h]
• Winklevoss’ Gemini jumps 25% on $100 million bitcoin infusion despite deepening losses [23h]