Binance’s MiCA fight raises questions over ECB influence
Lawyers say MiCA rules do not bar the European Central Bank from communicating with national regulators during the application process, though crypto licensing decisions remain with member states. Go to Source
Ethereum faces core development funding crisis, former contributor warns
The warning comes as the Ethereum Foundation reduces spending, adjusts its treasury strategy and undergoes a wave of leadership departures. Go to Source
WhiteBIT EU Secures MiCA License in Austria, Expanding Regulated Crypto Services Across Europe
WB-Shield Innovations GmbH, operating as WhiteBIT EU, announced today that it has obtained authorization under the Markets in Crypto-Assets Regulation (MiCA) in Austria. The authorization was granted by the Austrian Financial Market Authority (FMA). The Austrian authorization marks a key step in WhiteBIT’s European growth strategy and underscores WhiteBIT EU’s commitment to operating within a … Read more
Binance can serve Philippine traders under SEC framework, BlockShoals says
The exchange’s Philippine return relies on an SEC sandbox arrangement that BlockShoals says permits trading access without a local VASP license. Go to Source
Stellar’s XLM Leads Monthly Crypto Rally With 50% Surge as Tokenized Assets Pile In
Stellar’s XLM token climbed more than 45% between June 15 and 18 as tokenized real-world assets piled onto the network. Backers pointed to newly enabled tokenized U.S. Treasuries and deepening institutional ties as the drivers behind the move. What’s Driving the Move Stellar’s XLM has been one of the strongest performers among large-cap tokens this … Read more
Bitcoin tipped for Q3 ‘macro bottom’ near $50K as major liquidity grab looms
Bitcoin market participants may be left in “complete disbelief” as the market reverses from a liquidity grab without another major leg lower, a trader predicted. Go to Source
Ethereum Trades Flat Over 9 Years, 14% Below Its 2017 High Once Inflation Is Counted
Pseudonymous trader Pentoshi has branded ether a cursed asset stuck in a lost decade, arguing the token sits near the same level it traded nine years ago and, adjusted for inflation, about 14% below its 2017 high. A Brutal Verdict The trader argued that ether is currently going for the same price it commanded nine … Read more
Bitcoin activity nears record highs on microtransaction surge
Near-record OP_RETURN usage is driving a surge in low-value Bitcoin transactions, pushing Bitcoin network activity close to all-time highs despite muted price action. Go to Source
El Salvador Adds to Bitcoin Reserve Again as Daily Buys Push Stack Past 7,680 BTC
El Salvador has bought more bitcoin for its Strategic Bitcoin Reserve, extending a daily buying habit that has lifted the national stack above 7,600 BTC worth more than $510 million. Buying the Dip, Every Day El Salvador has once again added to its Strategic Bitcoin Reserve, summing up its strategy in four words, i.e. “Buying … Read more