Warsh's comments set the stage for U.S. jobs data to ignite bitcoin, gold rally

Your day-ahead look for July 2, 2026
This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Your day-ahead look for July 2, 2026
This is an AI-generated summary. ShortSingh links to the original source for the complete article.
Grayscale Investments has abandoned its plans to launch exchange-traded funds for three cryptocurrencies: Cardano, Polkadot, and Hedera. The asset manager confirmed it no longer intends to move forward with these proposed offerings. None of the filings had received regulatory approval or become effective. No securities were issued or sold in connection with the withdrawn plans.

Solana-based DeFi platform Jupiter has launched Lend v2, a new lending product that allows a single deposit to serve dual purposes. The feature converts both deposited and borrowed assets into liquidity for trading activity. Returns for users are tied to the volume of swap traffic that Jupiter's router directs toward the new vaults. The model means higher yields depend on whether the platform generates sufficient trading flow to support the system.

Bitmine has scaled back its Ethereum acquisition strategy, shifting focus toward repurchasing its own shares. Chairman Tom Lee indicated that easing financial conditions could provide a favorable backdrop for the broader cryptocurrency market. The pivot comes despite ongoing uncertainty in the U.S. crypto regulatory landscape. The CLARITY Act, a key piece of crypto legislation, failed to advance to a Senate vote before lawmakers departed for the August recess.

Solstice Finance has introduced the first Strategy STRC-based product on the Solana blockchain. The offering takes the form of a vault that processes income generated from Strategy's preferred stock. This income is then divided into two distinct token types to suit different investor risk appetites. The senior token is designed for lower-risk investors, while the junior token targets those willing to accept higher risk for potentially greater returns.

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