July 1 Crypto News: Fed Rate Hike Risks, SEC ETF Review, Trump's $100M Crypto Holdings, and Major Product Launches
This comprehensive news roundup covers key crypto developments on July 1, 2026. The Federal Reserve's Hammack hinted at potential rate hikes amid persistent inflation. The SEC launched a public consultation on novel ETF regulation. Trump disclosed over $100 million in BTC and ETH holdings and $1.4 billion in income. Industry giants including Visa, BlackRock, and Coinbase are reportedly planning a joint stablecoin called OUSD. Hyperliquid Strategies (PURR) was added to the Russell 3000 and 2000 indices. Jefferies warned that CLARITY Act uncertainty could spark volatility. Peter Schiff challenged bullish BTC predictions, while trader Jiang Zhuocr predicted a major move. Product updates include Pump.fun ending Tokenized Agent support, MetaMask launching Money Account, Etched raising $800M, and OKX debuting its AI Agent platform.


