July 02, 2025
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Asia Morning Briefing: Leverage Meets Patience as Bitcoin Builds Toward a Breakout EU Central Bank Commits to Distributed Ledger Technology Settlement Work Why Is Ether Struggling Near $2,400 Even as More Firms Add ETH to Their Treasuries? Solana Drops Below $146 Despite Imminent Launch of First U.S.-Based SOL Staking ETF Polkadot’s DOT Slips 4% From Highs, Now Testing Support at $3.32 Level SEC Approves Grayscale ETF That Includes BTC, ETH, SOL, XRP, ADA Bitcoin Pulls Back to $106K After Record Monthly Close US Senate passes Trump’s budget bill without provision on crypto taxes GENIUS Act Lacks ‘Necessary Guardrails’ For Investor Protection, NYAG Letitia James Tells Congress Congress’ Budget Bill Advances From Senate Without Crypto Tax Provision

Australia’s Securities Regulator Wins Case Against Kraken’s Local Operator

The Federal Court of Australia ruled on Friday that cryptocurrency exchange Kraken’s operator in Australia, Bit Trade Pty Ltd, “contravened” with a section of the nation’s Corporations Act.

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