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🗞 July 3, 2025 cryptocurrency news highlights 【Cryptocurrency】 The SEC has suspended Grayscale’s plan to convert its Digital Large Cap Fund into a spot ETF and placed it under further review, as the fund was set to list on NYSE Arca and include BTC, ETH, SOL, XRP, and ADA. 【Economy】 the Crypto Market Structure Full Committee Hearing will be held, with participation from Ripple's CEO and others👀 【Indicators】 Stablecoin issuers generated nearly $10bn in revenue over the 12 months ending June 2025, led by Tether at $6.56bn, followed by Circle with $1.89bn, and Sky Protocol and Ethena with $384m and $332m, respectively. 【More】 The Open Platform (TOP), developer of the Telegram Wallet on TON, raised $28.5m in a Series A round led by Ribbit Capital, reaching a $1bn valuation. 📱@Money📱Twitter