A Pivotal Week for Crypto: Navigating Stablecoin Legislation, Inflation Data & Corporate Signals

This week, we're tracking Ethereum's continued ascent, which has now seen an incredible 14 consecutive days of ETF inflows. Bullish sentiment is reflected across the board with both ETH and BTC basis trading above 10%, while Bitcoin's market dominance holds strong at 65.45%. We'll also dive into the recent strength in DeFi tokens like UNI, AAVE, and SKY following favorable comments from former SEC Commissioner Paul Atkins, and what this signals for the sector's future.The macro landscape is packed with catalysts. We're monitoring US/China trade talks as the July 9th tariff pause deadline approaches, the progress of the "Big Beautiful Bill" through the House, and a critical week for economic data with US CPI and PPI releases. Markets will also be watching the U.S. 30-year bond auction on Thursday for signals on the economy.

The main event this week is our stablecoin focus, with the US Senate reportedly set for a vote on the GENIUS stablecoin bill this Wednesday. We'll explore what's next if it passes and the broader industry momentum, including Circle's IPO, Plasma's $500M raise, and reports of major companies like Apple, X, and Airbnb exploring stablecoin payments.We then turn to corporate crypto adoption, discussing a new Standard Chartered report showing 61 public companies now hold 3.2% of Bitcoin's total supply, and how the market is thinking about the risks associated with these growing treasury strategies. We'll also touch on key Bitcoin Core development around transaction relay policy and what it means for the network's future.In the NFT space, Yuga Labs continues to narrow its focus by sunsetting its DAO to launch APE Co.Finally, in Coinbase news: a new report indicates 60% of Fortune 500 firms are working on blockchain initiatives, Prime has advanced its ETH staking capabilities, the "State of Crypto" event is this Thursday and we share a consumer protection PSA.

Topics Covered:

• Market Dynamics:
  • Ethereum's 14-day ETF inflow streak and price ascent.
  • High ETH & BTC basis (>10%) and BTC Dominance (65.45%).
  • DeFi token strength (UNI, AAVE, SKY) following Paul Atkins' comments.
• Macro & US Policy:
  • US/China trade talks & July 9th tariff deadline.
  • Progress of the "Big Beautiful Bill."
  • Key Economic Data: US CPI, PPI, and the 30-year bond auction.
• Stablecoin Deep Dive:
  • Upcoming US Senate vote on the GENIUS stablecoin bill.
  • Industry fundraising: Circle IPO, Plasma $500m raise, Noah.
  • Corporate exploration of stablecoin payments (Apple, X, Airbnb).
• Corporate Adoption & Bitcoin Core:
  • Standard Chartered report: 61 public companies hold 3.2% of BTC.
  • Risks and strategies for corporate crypto treasuries.
  • Bitcoin Core development on transaction relay policy.
• NFT Ecosystem:
  • Yuga Labs sunsets DAO to launch APE Co.
• Coinbase News:
  • Report: 60% of Fortune 500 working on blockchain.
  • Product: Advanced ETH staking capabilities on Prime.
  • "State of Crypto" on June 12th.
  • A consumer protection PSA.
  • Our latest ad - Who’s got the “Price of Housing in Bitcoin” chart?