Federal Reserve official Harker suggested a potential rate hike as inflation remains high; the SEC launched a consultation on new ETF rules; Trump disclosed over $100 million in BTC and ETH with 2025 income exceeding $1.4 billion; Visa, Stripe, Mastercard, BlackRock, and Coinbase are reportedly planning a joint stablecoin OUSD; Jefferies warned that the CLARITY Act's legislative uncertainty could increase crypto market volatility; Massachusetts filed an amended complaint against Kalshi for serving under-21 users; Hyperliquid Strategies was added to the Russell 3000/2000; Etched raised $800 million; Peter Schiff questioned the probability of Bitcoin retesting $20,000 while Jiang Zhuor warned of a big move. This article reviews the day's top stories.

The Federal Reserve's Hammack suggests rate hikes may be needed; SEC launches ETF rule review; Trump discloses over $100M in BTC and ETH and over $1.4B in income. Market dynamics: CEX hot coins show mixed performance with BASED, AI leading; Visa, Stripe et al. plan stablecoin OUSD; Hyperliquid Strategies added to Russell indices; Pump.fun ends Tokenized Agent; MetaMask launches Money Account; AI chip startup Etched raises $800M. Regulatory: Massachusetts amended lawsuit against Kalshi; Jefferies warns CLARITY Act uncertainty. Market views: Peter Schiff questions Bitcoin optimism; Jiang Zhuocr expects a big move; OKX launches OKX.AI.

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.

Fed's Hammack hints at potential rate hikes due to persistent inflation, while the SEC seeks public comments on novel ETF regulation. Trump discloses over $100M in BTC and ETH. Jefferies warns that CLARITY Act uncertainty could trigger volatility. Pump.fun discontinues tokenized agent issuance, MetaMask launches self-custody Money Account. Market views diverge: Jiang Zhuor expects big moves, Peter Schiff questions BTC's invincibility at $20K.

HYPE broke through $75 to set a new record high, with two spot ETFs attracting over $136 million in 14 consecutive days of net inflows, absorbing nearly 1% of the market cap—outpacing initial launches of BTC, ETH, and SOL ETFs. Protocol fee buybacks and ETF inflows provide dual support, while institutions like a16z and Galaxy Digital aggressively accumulate, Grayscale's staking ETF is about to launch, and PURR eyes inclusion in the Russell 3000, reinforcing bullish momentum.

HYPE spot ETFs recorded over $136 million in net inflows within two weeks of launch, absorbing nearly 1% of HYPE's market cap and outpacing BTC and ETH ETF debut performance. Meanwhile, a16z and Galaxy Digital continue large-scale accumulation, and Hyperliquid's protocol buyback mechanism has repurchased over $1.1 billion in HYPE, forming a dual-support structure that propelled the token to a $75 all-time high.

HYPE broke through $75 to a new all-time high as two spot ETFs recorded $136 million in net inflows over 14 days, absorbing 0.9% of its market cap. Meanwhile, Hyperliquid's Assistance Fund has repurchased over $1.1 billion, institutions like a16z and Galaxy are accumulating, and the Grayscale HYPG ETF is set to launch, creating a confluence of buying pressure.

Since their launch, HYPE spot ETFs have recorded 14 consecutive days of net inflows totaling over $136 million, absorbing nearly 1% of HYPE's market cap and becoming the fifth-largest crypto spot ETF. Combined with Hyperliquid's fee buyback mechanism and aggressive institutional accumulation, multiple buying forces are pushing HYPE to a new all-time high of $75.