U.S. inflation cooled further in June, bolstering the case for a September rate cut. BTC traded above $62K in the early hours of Monday, up nearly 11% over the past seven days. The SEC dropped its investigation into Paxos and BUSD on Thursday, while a voteto overturn President Biden’s veto of the SEC’s SAB 121 failed to reach the required majority in the House.

Last week Bitcoin dropped below $54K for the first time since February as Mt Gox started repayments to creditors. In other news, stablecoin issuer Circle became MiCA-compliant and the German government has been selling BTC.

Last week, the US Securities and Exchange Commission sued Ethereum developer Consensys. The regulator alleges that MetaMask is an unregistered securities broker. Meanwhile, State Street is getting into crypto structured products. This week, we’ll be exploring:

Bitcoin continued its downward trend last week, falling below $64K for the first time since mid-May. In other news, the SEC dropped its investigation into Ethereum 2.0 and Consensys, Tether launched a new synthetic dollar backed by gold, and the layer 2 blockchain ZKSync airdropped its ZK token.

US inflation data buoyed markets last week before the Fed’s latest dot plot gave traders a reality check. Elsewhere, ZKsync is set to airdrop 3.6 million tokens this week and ProShares joined the ETH ETF race after sitting out of the BTC launch. This week we will explore:

Bitcoin flirted with $72K before losing most of its gains after strong US jobs numbers cast doubt over rate cuts. In other news, the ECB made history, cutting rates before the US Fed, Robinhood acquired Bitstamp in a $200mn cash deal and Paxos launched a yield bearing stablecoin. This week we explore:

Although we’re still waiting for a spot ETH ETF launch date, a leveraged ETH ETF is set to debut on Tuesday. Elsewhere, US President Joe Biden vetoed the resolution to overturn the SAB 121 over the weekend, as expected. This week we explore:

In a surprising turnaround, the SEC approved the first spot ETH ETFs last week, triggering more than 25% in gains for the second largest crypto asset. The positive regulatory news came in abundance: the US House passedits first comprehensive crypto bill and the UK approved crypto exchange-traded products.