Trump Backs GENIUS and CLARITY Acts as SEC Blocks 3x–5x Leveraged Crypto ETFs
President Trump voiced support for the GENIUS Act and CLARITY Act while criticizing U.S. banks, and the SEC asked issuers of 3x, 4x and 5x leveraged ETFs to withdraw their filings, BlockBeats reports. Middle East tensions following a U.S.-Israel strike on Iran lifted the Polymarket probability of a U.S.-Iran war from 22% to 35% and briefly drove oil to $78 per barrel. On the ecosystem side, Ethereum co-founder Vitalik Buterin called for the network to evolve into "sanctuary technology," Base-based AgentMail enabled AI agents to create email inboxes using USDC, and Solana projects including Phantom, Jupiter and Squads advanced tools spanning AI integration, onchain finance and stablecoin payments.