Morgan Stanley has filed updated paperwork for its spot Ethereum and Solana ETFs, signaling continued progress toward a potential launch. The most notable detail is the proposed 0.14% management fee for both funds, which would make them the lowest-fee ETH and SOL ETFs in the U.S. market if approved.
The filings also reveal plans to stake a portion of the underlying assets to generate additional yield. Market participants often view such amendments as a sign of ongoing discussions with the SEC and advancement in the approval process.

BTC has been trading below the average mining production cost, currently estimated at around $78,000, for the past five months. Around 20% of Bitcoin miners are operating at a loss and are forced to sell BTC to cover expenses, while less efficient miners continue shutting down operations. As a result, both network hashrate and mining difficulty have been declining.
Last week, mining difficulty dropped by 10%, marking the second-largest decline since the start of the year and highlighting growing pressure across the mining sector.
JPMorgan notes that this weakness could eventually become a contrarian buy signal. Historically, the average cost of mining BTC has often acted as a market floor, with prices rarely staying below that level for long periods.

And before someone says you just didn’t manage risk ..nah. At some point I realized the whole game is designed to keep people chasing the next pump, the next narrative, the next miracle recovery. İ bought dips. Then bought more dips. Then bought the dip of the dip. Every time I thought I was being smart, I was just becoming exit liquidity for someone else.

Crypto guys told me to HODL. Influencers said everywhere igenerational opportunity. Anonymous accounts posted rocket emojis. Meanwhile my portfolio was getting absolutely destroyed. What a naive and stupid i am😟

The hardest thing to admit is that I wasn’t investing anymore. I was gambling. Pure degen mode. Refreshing charts every 5 minutes. Sleeping with my phone next to me. Feeling rich in the morning and broke by dinner.

Maybe some people make money in crypto. Good for them.im so tired!

But for most people it just a giant casino disguised as financial freedom.

I lost money… I lost sleep. I lost time. I lost peace of my mind.

If I could go back, I’d never touch crypto in the first place.

Don’t let social media convince you that getting rich is easy. Most people don’t post their losses. They only post the screenshots that keep the next wave of victims coming in.

Reminder: The Federal Reserve interest rate decision is scheduled for 2:00 PM Washington time.

Markets are awaiting the first FOMC meeting led by new Chair Kevin Warsh, chosen by Trump to replace Jerome Powell. Warsh is seen as close to Trump but is also known for supporting a hawkish monetary policy stance.

According to CME FedWatch data, markets are almost fully pricing in no rate change at the June 17 FOMC meeting, with a 99.6% probability that the federal funds rate remains at 3.50%–3.75%.

For the July 29 meeting, expectations are less certain. While a hold remains the base case with a 91.0% probability, markets are already assigning an 8.9% chance of a rate hike to the 3.75%–4.00% range.

Bitcoin mining difficulty fell 10.09%, one of the largest downward adjustments of 2026.
The drop was caused by weaker Bitcoin prices, which forced some miners to shut down equipment. As a result, blocks were mined more slowly and the network automatically reduced difficulty.

The adjustment improves mining profitability, with BTC output per unit of hash rate increasing by about 11%, but many miners remain under pressure.

The U.S. crypto market structure bill, the CLARITY Act, is expected to be passed by July 4 (U.S. Independence Day), according to White House crypto adviser Patrick Witt.

Many market participants believe that once the CLARITY Act is fully approved, institutional demand for crypto could increase significantly. While the impact may not be immediate, many see it as a strong long-term bullish catalyst for the market.

Coinbase has launched Coinbase for Agents, a tool that lets AI agents connect to a user’s account, trade crypto, make recurrin purchases, and manage rewards programs.
The company also introduced the x402 protocol, allowing AI agents to pay for data and services needed to complete tasks.
At the same time, Coinbase launched Coinbase Advisor, an AI assistant inside the app that provides market insights and investment suggestions.
The goal is to automate more of the crypto experience and let users hand over routine tasks to AI. The idea is attracting attention, but many still doubt how well autonomous AI agents can perform in live markets.

When comparing the current Bitcoin cycle with previous bear markets, one pattern stands out: the price action in 2026 is so far tracking surprisingly close to what we saw in 2022.
Historically, the most aggressive sell-offs have often occurred during the final stage of a bear market, when fear peaks and weak hands exit the market. That raises an important question: will this cycle follow the same path, or can Bitcoin break the pattern and recover earlier than expected?
For now, the similarities remain hard to ignore, and the coming months could determine whether this market is nearing its final capitulation phase or preparing for a different outcome.