
Crypto News Today – July 1: Trump Musk, Big Beautiful Bill, Ripple (XRP) Price, and Pi Network Updates
As we kick off the month of July, we’ve got a packed crypto news today update for you. In this article, we’ll be covering some recent developments that have been making waves in the cryptocurrency space.
First up, it appears that Elon Musk’s Twitter feud with Trump is far from over. The two social media giants took to their platforms to engage in a heated debate on climate change and fossil fuel subsidies. While many experts are calling this spat “unproductive,” we’ll be keeping an eye out for any potential implications on the crypto market.
Moving on, there have been some major updates regarding the proposed ‘Big Beautiful Bill’. As you may know, this piece of legislation aims to regulate AI at the state level and has garnered significant attention from both supporters and detractors. Unfortunately, it seems that Republicans are locked in a marathon “vote-a-rama” on amendments, which is preventing them from reaching a final consensus. At this point, we can’t say for certain whether or not this bill will pass the Senate by the July 4 deadline.
Ripple (XRP) has been making headlines today as well. According to reports, Ripple’s Chief Technical Officer has shared some rare insights into the company’s early days. The community is reacting with a mix of excitement and skepticism, so we’ll be keeping an eye on this story as it develops.
Lastly, we’ve got some updates from the Pi Network camp. While they haven’t released any official statements regarding their plans for 2025, rumors are circulating about potential partnerships and new features in the pipeline. We’ll continue to monitor these developments closely.
In other news, Connecticut has officially banned investment and reserves of Bitcoin within its borders. This move is likely a result of growing concerns around the cryptocurrency’s volatility and lack of regulation. Meanwhile, Shiba Inu Execs have taken to social media to slam “manipulative” exchanges following the delisting of SHIB.
The SEC is also set to hold a crucial meeting on July 3, where they will be voting on whether or not to dismiss XRP. We’ll be keeping an eye out for any updates regarding this decision.
And there you have it – your crypto news today update for July 1!
Source: coinpedia.org