🗞️ Key Headlines

Federal Reserve & Bitcoin
Bitcoin slid ~1% to about $117,800, while Ethereum and XRP also dipped ahead of a critical Fed announcement and White House crypto policy release . Market watchers expect no rate change, though dovish commentary could still spark gains.

White House Crypto Policy Report
Released today, the 160‑page framework outlines a comprehensive vision for U.S. crypto regulation, tokenization, stablecoin legislation, and market structure rules.
However, details about the Strategic Bitcoin Reserve are still pending; Treasury is expected to issue specifics later .

SEC Moves ETF Access Forward
The SEC approved in-kind redemption mechanisms for spot Bitcoin and Ethereum ETFs—boosting liquidity and improving access for institutional investors .

JPMorgan–Coinbase Partnership Expands Access
Starting in 2026, JPMorgan Chase cardholders can convert their reward points directly into crypto held in Coinbase wallets. Coin-based purchasing via credit cards will also be enabled this fall .

Market Cap Retreats ↘️
The broader crypto market cap fell about 0.7–0.8% to roughly $3.87–3.95 trillion. Ethan remains one of the few winners, while coins like BNB, Solana, and XRP saw declines .

XRP Open Interest Drops $2.4B
Open interest in XRP futures has contracted sharply, prompting analysts to debate whether this signals a price correction or a consolidation ahead of a bounce .

Institutional Moves & Altcoin Appetite
Investors are favoring Ethereum heavily—with over $1.6B in institutional support—and exploring altcoins such as SOL, BONK, and SKY for potential breakout opportunities .