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The S&P 500 rose 2.05% on Tuesday, lifted by Trump’s delay of a 50% EU tariff and hopes for corporate-friendly policies. Investors now await Nvidia earnings and FOMC minutes for further market direction. Gold dropped 1.2% to $3,302 as Trump’s EU tariff delay lifted risk sentiment and the dollar, pressuring safe-haven demand. The Coindesk Indices, which tracks the broader crypto market, rose 1.18%, with Bitcoin and Ether up 0.71% and 4.14%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today’s top performer is WCT up 31.4% after WalletConnect brings $WCT to Solana with key partner integrations.
WalletConnect (WCT), founded in 2018, is a secure, open-source protocol that links mobile wallets to DApps via QR code, using a decentralized network for reliable, scalable access across DeFi. WalletConnect announced that its token $WCT is launching on Solana via Wormhole NTT, with initial partners including Phantom, Jupiter, Backpack, and Solflare.
Plasma, a blockchain purpose-built for stablecoins and backed by Bitfinex and Founders Fund, will launch the first public sale of its XPL token using Echo's new token sale infrastructure, Sonar. The sale will distribute 10% of XPL at a $500M FDV, matching the valuation of Founders Fund’s equity investment. Participants earn allocations by depositing stablecoins into a Plasma vault on Ethereum, with tokens distributed after Mainnet Beta. XPL will secure consensus, power EVM execution, and support a Bitcoin bridge. Plasma also announced key partnerships in payments and DeFi to support its goal of global stablecoin adoption.
Category | Flow (millions) |
GBTC | (26.9) |
Non-GBTC | 3.0 |
Total | (23.9) |
Yesterday, BTC spot ETFs saw a net outflow of $23.9 million, with $26.9 million pulled from GBTC and a $3.0 million inflow into non-GBTC funds.
Resolv, a decentralized stablecoin protocol, has launched its governance token, RESOLV, with a 10% supply airdrop available to eligible wallets until June 27. RESOLV holders can vote on protocol decisions and earn fee shares. The protocol also includes USR, an interest-bearing stablecoin, and RLP, an insurance fund token. USR is delta-neutral and backed by ETH, currently yielding 11% via stUSR. RLP offers a higher 18.3% yield. Resolv’s TVL stands at $422 million.