AGP Executive Report
Last update: 6 hours agoRegulation Shockwave: The U.S. Senate Banking Committee is set to markup the CLARITY Act with 100+ amendments, and the fight is getting personal—DeFi groups warn “anti‑DeFi” changes could weaken developer protections, while bankers push back hard on stablecoin reward rules. Market Mood: Bitcoin slipped back under $80K on the uncertainty, even as spot BTC ETFs logged a seven-week inflow streak—traders are watching for a fast bounce toward $90K if the bill’s language calms down. RWA Momentum: Tokenized gold leaders XAUT and PAXG stayed tightly pegged, and tokenized stocks keep accelerating—ONDO hit $1B tokenized stock TVL in under 8 months. Wall Street Goes On-Chain: JPMorgan filed for another Ethereum-based tokenized money market fund, while Animoca’s NUVA launched an Ethereum marketplace for ~$19B of Figure-linked tokenized assets. Crypto Micro-Drama: “Roaring Kitty”’s X account was reportedly hacked, triggering a quick Solana meme-coin pump and a $2.8M drain. Tech Updates: Solana’s Alpenglow upgrade is live for testing, and Axelar proposed shutting down low-usage chain integrations.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.