THE BLOCK: Ripple, Coinbase, and other crypto firms contributed $189 million to the 2026 midterms, according to Public Citizen. Crypto firms accounted for 37% of the $517 million in corporate political donations tracked.

🚨 INSIGHT: CryptoQuant CEO Ki Young Ju says Bitcoin could still see another parabolic bull run if it absorbs $1T+ in realized cap. “Bitcoin needs to be a core macro asset, not just a retail-driven ETF trade.”

Following @Strategy's June 29 announcement, its preferred shares rebounded strongly into month-end, with $STRC recovering around 13%. Bitcoin continued to show weakness, closing June below $60k. 📉

THE BLOCK: Nearly 1,700 UK investors sued Binance and co-founder CZ for $200 million. The lawsuit alleges Binance sold unauthorized derivative products to UK retail traders from 2019.

As MiCA-related changes take effect today in the EU, we want to reassure affected users that we remain committed to supporting you through this transition with clarity, care, and responsibility. Your assets remain safe on Binance, held on a 1:1 basis, and affected users will continue to have access to the options already communicated to them, including transfers and withdrawals where applicable. We know regulatory changes can be disruptive, and we want you to know we are working hard behind the scenes to engage closely with regulators and deliver the best possible path forward for our users. We are contacting affected users directly with next steps. If you have questions about your account, please reach out to Binance Customer Support through our official channels.

LATEST: ⚡ Plume and FalconX have launched FALX, an onchain structured credit vault giving investors exposure to overcollateralized prime brokerage loans made to hedge funds and quant funds, with ~$1B in capacity.