Brazil Proposes Mandatory 24-Hour Hold on Large Crypto Stablecoin Transactions
Key Takeaways Brazil proposed a 24-hour hold on stablecoins, hitting B2B markets, with comments due by July 2. The bank targeted $10,000+ stablecoin transfers, harming brokers, with final rules next up for review. New rules pause large crypto remittances, threatening…
ESMA Tells Unauthorized Crypto Firms to Wind Down as MiCA Deadline Hits in 3 Days
Key Takeaways European regulators require unauthorized crypto firms to halt new customer onboarding and prepare orderly market exits. Clients should confirm providers appear in the ESMA Register or transfer assets to authorized alternatives. Coordinated enforcement with national authorities could increase…
Bitwise Stakes $114 Million in HYPE on Hyperliquid as Its Spot ETF Doubles Down
Key Takeaways Bitwise staked 1.775 million HYPE worth roughly $114 million on Hyperliquid, per Lookonchain. The firm runs the Bitwise Hyperliquid ETF (BHYP), which launched on NYSE Arca on May 15. BHYP directs 10% of its fees to buying and…
China Could Win Big if CLARITY Act Dies in Washington, Strategist Warns
Key Takeaways China could benefit if Washington fails to set digital-asset rules before global standards harden. Strategist says the CLARITY Act is about market structure, dollar rails, and financial leadership. U.S. lawmakers face pressure as digital finance becomes tied to…
Ripple CEO Bullish on Bitcoin but Says Strategy’s Leverage Hurt Crypto Market – Bitcoin News
Key Takeaways Garlinghouse maintained confidence in bitcoin, emphasizing its enduring function as a digital store of value. Meanwhile, he criticized Strategy’s leveraged financing, arguing it increased pressure during the cryptocurrency market downturn. Looking ahead, investors may continue weighing bitcoin’s long-term…
Sharplink Breaks 8-Month ETH Drought With Silent $18M Buy Through FalconX
Key Takeaways Sharplink acquired 5,000 ETH from FalconX after an 8-month pause. SBET jumped 5.48% on the circulating news but remains down 47.37% YTD on Nasdaq. Sharplink holds 876,285 ETH worth $1.38B, ranking second behind Bitmine in ETH treasuries. Lookonchain…
EU Hands Out 230 MiCA Licenses as Germany Leads and Spain Rules Out a July 1 Reprieve
Key Takeaways The EU has issued roughly 230 MiCA licenses, with Germany leading on 56, the Netherlands on 26, and France on 21. Spain’s CNMV says there will be no extension to the July 1 deadline for crypto firms. More…
Michael Saylor Reaffirms Strategy’s Bitcoin Focus as Market Volatility Intensifies
Key Takeaways Strategy executives reiterated confidence in bitcoin as market volatility weighed on company securities. Saylor emphasized disciplined capital allocation, credit quality, and long-term value creation during market volatility. Le said bitcoin and AI are transformative technologies with uneven market…
Bitcoin and Ethereum ETFs Bleed for a Seventh Day as Blackrock’s IBIT Sheds $445 Million
Key Takeaways U.S. spot bitcoin ETFs lost $445 million on June 26, a seventh straight day of redemptions. Blackrock’s IBIT absorbed nearly the entire bitcoin outflow, its largest single-day exit since launching in 2024. Ether ETFs also bled for a…
Bitcoin Holds $60,000 but Bears Control — Key Levels Every Trader Needs Now
Key Takeaways Bitcoin trades at $60,262 on June 27, sitting below all 12 tracked EMAs and SMAs. 13 of 15 moving averages signal bearish signals, keeping BTC’s combined technical rating in the negative. Bulls need a confirmed daily close above…
