AGP Executive Report
Last update: 11 hours agoRates & bullion shock: Gold slid near 2-week lows as rate forecasts jumped and India’s demand cooled after an import-duty hike—while US lawmakers pushed a Strategic Bitcoin Reserve plan. Retail fraud alarm: FTC data shows losses for people 60+ nearly quadrupled since 2020, with “pig butchering” romance/investment scams driving the worst hits. Privacy hype: Zcash (ZEC) keeps ripping—up ~1,278% YTD—fueling fresh “new Bitcoin” chatter as more ZEC moves into shielded pools. ETF momentum: The ETF era is spreading beyond bitcoin, with Hyperliquid’s HYPE getting a US spot ETF boost and Coinbase/Strategy stocks wobbling on profit-taking. DeFi under pressure: THORChain halted after a multi-chain exploit drained $10.8M+; separate North Korea-linked DeFi hacks in April totaled nearly $600M. Payments & infrastructure: Blokko.io and WalletConnect team up for crypto/stablecoin POS payments across partners. Policy watch: US CLARITY Act progress keeps XRP in focus as the bill advances in the Senate.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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