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Glamsterdam Devnet, CBDC Freeze & Altcoin Capitulation Record
Audio is available on Spreaker — see link below.
Ethereum's Glamsterdam upgrade enters devnet testing as US Congress freezes the digital dollar through 2030 and altcoin selling pressure hits historic highs. Six stories shaping crypto markets today — from DeFi leverage danger to Binance's MiCA friction in Greece.
Audio is available on Spreaker — see link below.
Ethereum's most significant protocol upgrade since the Merge just moved into active devnet testing, and the implications stretch well beyond a software changelog. The upgrade is called Glamsterdam.
On the regulatory side, the US Congress has embedded a ban on a Federal Reserve digital dollar inside an updated housing bill, and it now has bipartisan support. The restriction runs through twenty thirty.
DeFi is carrying a problem that hasn't gone away. April's exploit wave erased thirteen billion dollars in total value locked across protocols.
June brought a new record for altcoin selling pressure, and it exceeded even the depths of the twenty twenty-two bear market. Only thirty-six of the top one hundred assets have posted gains over the past three months.
China's central bank has signed direct participation agreements with twenty-six banks for its cross-border digital yuan transfer service. The stated goal is reducing international payment costs and extending yuan adoption.
Binance is reportedly facing a potential registration rejection from Greece's Hellenic Capital Market Commission ahead of the July first MiCA deadline. The exchange disputes that framing and says it's compliant.
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