ETH hits 5-month high, Hong Kong prepares to cut taxes on cryptocurrencies, and XT hacks!

ETH reached a 5-month high, sending major currencies higher. ETH beta coins lead the way in altcoins, led by DeFi and memes. Hong Kong is set to announce no taxes on cryptocurrencies. Hyperliquid launches HYPE with $310M drop XT hacked, all ETH funds withdrawn. Stablecoins have reached a record market value of $190 billion. A rule that breaks 10 million transactions in one day. Metaplanet is preparing to raise $62 million to buy Bitcoin. Vancouver's mayor has plans for a 'BTC-friendly city'. SOS Plans to Buy $50M worth of Bitcoin, Stock Price Up 40% Metamask Adds Legal Order On-Ramp via Venmo. Celsius distributes $127 million to creditors Russia passes new cryptocurrency tax bill Tether to shut down Euro stablecoin. Bitwise files 10 crypto ETFs with the SEC. 21Shares has launched four new European exchange-traded cryptocurrency products. Vitalik donates $1 million to defend Tornado Cash. Former CFTC Chairman Giancarlo Runs for Crypto Czar GFT Team Doubles Token Size as Binance Delists.