🚀 Crypto & Finance Daily Digest - July 2024 🚀


🔥 Top 5 Headlines
1️⃣ PayPal's Global Push: Launches "PayPal World" with major payment networks for seamless cross-border transactions
2️⃣ Hayes' Bold Prediction: Targets $250K BTC and $10K ETH by year-end
3️⃣ Institutional Firsts:

CoinShares becomes first MiCA-authorized EU crypto asset manager

Goldman Sachs & BNY Mellon launch tokenized money market funds ($7.1T market)
4️⃣ Mining Expansion: Marathon Digital plans $1B raise for BTC purchases and operations
5️⃣ Political Crypto Push: Trump signs AI executive orders, while Lummis calls for Powell's ouster

💼 Key Market Moves
CZ's Altseason Alert: "FOMO season soon" as index ticks up

Corporate Treasuries Grow:

Nature’s Miracle adopts $20M XRP reserve strategy

Brazil’s VERT launches XRPL private credit platform

Jim Cramer’s Pivot: Now recommends BTC as a debt hedge

⚖️ Regulation & Policy
✅ MiCA Milestone: EU regulatory framework goes live with first approvals
⚠️ SEC Warnings: Citadel cautions against rushed tokenized securities rules
📅 Upcoming Report: President’s Working Group on Digital Assets due July 30

🌐 Adoption & Infrastructure
Stablecoin Debate: JPMorgan questions $2T market forecast

AI x Crypto: Trump’s orders aim to boost US AI dominance (infrastructure/exports)

Banking Integration:

PayPal’s global payment network

Goldman’s blockchain MMFs

💡 Why This Matters
1️⃣ Mainstream Bridges: PayPal’s move could onboard millions to crypto-adjacent services
2️⃣ Institutional On-Ramps: Tokenized funds + MiCA clarity = EU crypto boom
3️⃣ Macro Hedge Narrative: Cramer’s endorsement reflects growing BTC-as-insurance demand

📌 Watch These Trends:

BTC Miners: MARA’s $1B raise signals industry expansion

Stablecoin Growth: Despite skepticism, infrastructure developing rapidly

AI Policy: Potential synergies with blockchain tech
MAJOR-0.36%
CROSS-7.37%
BTC0.61%
ETH1.14%
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