INSUBCONTINENT EXCLUSIVE:
Optimistic regulatory expectations became the focal point for cryptocurrency investors this week, following an event dubbed by the US
value.Regulators passed the three key bills amid Republican concerns with central bank digital currencies (CBDCs).In a Thursday House
session, lawmakers voted 294-134 to pass the Digital Asset Market Clarity (CLARITY) Act, a bill aimed at establishing a market structure for
cryptocurrencies, 308-122 in favor of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act and 219-210 for the
Anti-CBDC Surveillance State Act.Industry watchers view the GENIUS Act as the key to legitimizing stablecoins for global adoption among
banks and financial institutions.Thursday vote on the CLARITY Act
fifth-largest asset, overtaking Amazon by market capitalization.Bitcoin (BTC) price rose to a new all-time high of $122,600 on Monday and
has soared nearly 13% over the past week, as Cointelegraph reported.These gains allowed Bitcoin to surpass a $2.4 trillion market
market analyst at real-world asset tokenization platform Brickken
over $142,000.Continue readingGrayscale submits confidential IPO filing with SECCryptocurrency-focused asset manager and exchange-traded
fund (ETF) issuer Grayscale joined a growing list of crypto companies seeking to launch IPOs in the United States.On Monday, Grayscale said
it had filed to list its company shares with the Securities and Exchange Commission (SEC) under a new clause that enables confidential
filings ahead of a final public offering.Entering public markets would enable Grayscale to seek more funding opportunities through
stablecoin USDC (USDC), upsized its IPO to more than $1.05 billion and debuted on the New York Stock Exchange on June 5.CRCL/USD 1-day price
Source: Yahoo FinanceThe IPO pricing gave Circle a valuation of $6.9 billion based on the more than 220 million outstanding shares listed in
Donald Trump-backed crypto project World Liberty Financial (WLFI) have voted to make them tradable, opening the door for the Trump-linked
ratio hits new high as crypto traders flee centralizationCryptocurrency traders have been moving away from centralized exchanges (CEXs) in
favor of decentralized exchanges (DEXs), pushing the CEX-to-DEX ratio to a new all-time high.Spot trading volume on DEXs surged at least 25%
in the second quarter of 2025 over the previous quarter, while CEXs volumes plunged almost 28%, according to the latest quarterly industry
report by the crypto data aggregator CoinGecko.This shift drove the DEX-to-CEX ratio to a record high in Q2, rising from 0.13 in the
previous quarter to 0.23, the report noted.Despite the increasing ratio, the spot DEX market is still significantly smaller than CEX, with
the top 10 decentralized trading platforms posting $877 billion in volume in Q2, compared with $3.9 trillion for CEXs.Continue readingBTCFi
TVL jumps 22x to $7B, but trust remains an issueBitcoin-based decentralized finance (DeFi), often referred to as BTCFi, is experiencing
from $304.66 million on Jan
1, 2024, to $6.5 billion by Dec
As of publication, DefiLlama data shows that BTCFi has a TVL of $7.05 billion.This translates to an increase of more than 22 times
released in the report show that despite some solutions already on the market, 36% of the respondents do not engage with BTCFi due to a lack
One-quarter avoid interactions with BTCFi due to risk and fear of losses
Most (60%) view smart-contract exploits as the top security risk.BTCFi TVL chart
Source: DefiLlamaContinue readingDeFi market overviewAccording to Cointelegraph Markets Pro and TradingView data, most of the 100 largest
cryptocurrencies by market capitalization ended the week in the green.The Curve DAO (CRV) token was the biggest gainer in the top 100,
rising more than 63% over the past week, followed by the Stellar (XLM) token, up over 63%.Total value locked in DeFi
Join us next Friday for more stories, insights and education regarding this dynamically advancing space.
