đź“ť What you need to know
Overturning a 91-year precedent, the U.S. Supreme Court ruled on Monday that President Trump can fire agency commissioners at will. The ruling has implications for crypto, granting the executive sweeping powers to determine the direction of agencies responsible for regulating the space, including the SEC and CFTC.
It also has implications for the passage of the Clarity Act, given that Senate Democrats have previously emphasized they wouldn’t support the legislation unless Trump appointed minority-party commissioners to both agencies. In theory, the president could now appoint Democrats to federal agencies to secure the act’s passage, and then fire them at any point thereafter.
đź“° In the News
| Bitcoin · BTC | June 29, 2026 |
| $58,380 | | â–Ľ 3.4% past 24 hours |
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đź“Š Myriad Insight of the Day
| Why it matters | | Serena Williams plays her first Grand Slam singles match since the 2022 U.S. Open this evening, taking on 20-year-old Maya Joint on Centre Court as a wildcard, per ESPN. The 44-year-old seven-time Wimbledon champion warmed up with doubles at Queen's earlier this month. Joint enters as world No. 53 with a 5-3 grass-court record, while Williams hasn't played singles in nearly four years. The market climbed 2 points toward Williams before play. | |
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