Uniswap Surge: Uniswap is pulling in about $5.2M/day in fees, with Robinhood Chain driving most of the flow and a governance vote that could extend UNI fee-and-burn to v4 pools. Ethereum Watch: ETH is back above $1,800 after a rough patch, but spot trading volume is slipping—an early warning sign for whether the rebound sticks. Stablecoin Shakeout: Stablecoin supply has shed about $10B since May, with June’s pullback the biggest since Terra, raising liquidity jitters even as tokenized assets keep growing. Regulation Clash (US): Coinbase is pushing back hard on the CLARITY Act, arguing it strengthens national security and AML enforcement while Democrats warn it could open sanctions-evasion paths. Crypto + Courts: A São Paulo court ordered Coinbase to repay ~$100K after funds vanished from a Coinbase Wallet, rejecting the “self-custody” defense. Crypto + Politics UK: Reform UK faces fresh pressure as Farage’s party funding and crypto-linked donor claims collide with a new by-election. Pakistan Shariah Line: Pakistan’s crypto regulator is seeking technical and Shariah balance after a fatwa declared crypto purchases (including USDT) impermissible. RWA Momentum: BlackRock’s BUIDL fund topped $900M on Avalanche, underscoring the tokenized-treasury race. AI Mining Pivot: Crypto miners are increasingly chasing AI infrastructure, with AI data-center buildouts up sharply over the past year. Market Pulse: Bitcoin is holding near $64K as ETF flows improve, while XRP demand shows cooling signals across funds and futures.