Bitcoin surged following President Trump's decision to delay military strikes on Iran for five days. With BTC climbing above $70,000, the market saw a significant rebound after recent volatility. Meanwhile, Senators Thom Tillis and Angela Alsobrooks reached a deal with the White House on the Clarity Act, banning passive yield on stablecoins but allowing activity-based rewards. Gemini faces a class-action lawsuit alleging misleading investors before its IPO, amid layoffs and a shift towards prediction markets.
Hyperliquid's S&P 500 futures market surpassed $100 million in daily volume, showcasing the platform's growing appeal for trading financial instruments via cryptocurrency.