Coinbase, led by CEO Brian Armstrong, has partnered with Perplexity AI to provide real-time AI-powered crypto data to traders. The collaboration aims to enhance crypto functionality and integrate crypto wallets into LLMs for a permissionless digital economy.

Bitcoin has broken through key resistance levels, reaching new all-time highs and attracting institutional investment. Technical indicators suggest a bullish trend, with potential for further upside and consolidation at current levels. Traders are closely monitoring indicators for confirmation of trend strength and potential corrections.

Agora, co-founded by Nick van Eck, raised $50 million in a Series A round led by Paradigm and Dragonfly Capital. The funding will support expanding their stablecoin platform and introducing a new white-labeled stablecoin product.

Plasma has announced its XPL token sale for July 17, following $1 billion in deposits. Participants must withdraw tokens before July 14, with a 40-day lock-up period post-sale. The mainnet launch is projected for late summer.

Meme coins like Dogecoin and PENGU have surged in the last 24 hours, with PENGU being the largest mover among the top 100 cryptocurrencies. These tokens, along with others like Bonk and Fartcoin, have collectively gained 10% in trading volume.

 Velvet Capital, a DeFAI Trading & Portfolio Management Ecosystem powered by intents announced its $3.7 million raise. The capital accelerated Velvet’s mission to make portfolio management and trading frictionless for funds, DAOs, and individual traders while powering the rollout of its new governance and utility token, VELVET

Alongside YZi Labs and Blockchain Founders Fund, the rounds drew backing from FunFair Ventures, Selini Capital, Mucker Capital, PAKA, LucidBlue, Mindfulness Capital, SkyVision Capital, Gate Labs, Poolz Ventures, NexGen, Cointelegraph Accelerator, Gains Associates, Rarestone, Echo, DWF Ventures, and other strategic investors.

OpenSea acquired Rally to enhance its mobile token trading capabilities, with Rally's co-founders joining the executive team. OpenSea aims to expand its offerings beyond NFTs and embrace a mobile-first approach in the crypto space.

President Nayib Bukele of El Salvador defended the country's crypto policies and taunted U.S. Democratic senators for proposing a bill to investigate cryptocurrency use. Bukele, a strong Bitcoin supporter, has drawn criticism for his actions but remains popular in El Salvador.

A U.S. magistrate judge recommended dismissing Logan Paul’s former assistant from a federal class action lawsuit over the failed NFT project CryptoZoo due to lack of personal jurisdiction. The lawsuit accuses Paul and co-defendants of defrauding investors with promises of a blockchain-based game.

Concerns were raised by senators from both parties during a Senate Banking Committee hearing about a crypto market structure bill. The bill aims to create a framework for issuing and trading most crypto assets in the US, with worries about potential loopholes and consequences.