News about Cryptocurrencies
Binance, the world’s largest cryptocurrency exchange, may lose the ability to provide services to customers in the European Union as early as July 1, Reuters reports, citing sources familiar with the situation.
The seventh regional conference, titled “Money in Politics,” is taking place in Chisinau.
The conference theme, “From Virtual Money to Real Influence: New Frontiers of Democratic Sustainability,” reflects the range of topics under discussion, the main one being the need to respond to the challenges facing the region’s countries.
On Tuesday, Bitcoin stabilized after regaining some ground in recent sessions: caution ahead of the signing of a peace agreement between the U.S. and Iran, as well as the upcoming Federal Reserve meeting, kept major price movements in check.
The crypto industry presented itself as a more mature and pragmatic sector at the Blockchain World 3.0 international summit, held in Minsk. This is the third event organized by Belarusian crypto market operators.
Private investors in Russia are dissatisfied with their participation in initial public offerings of Russian companies. This is the conclusion of a Bank of Russia study examining the experiences of retail investors in the IPO market.
Bitcoin rose on Monday, continuing its recovery from recent losses: the announcement of a peace agreement between the U.S. and Iran triggered a rally in risk-on markets.
Bitcoin is trading above $64,000 on Sunday, continuing to recover from recent lows. Demand for the world’s largest cryptocurrency was supported by improved risk appetite, strong inflows into spot ETFs, and optimism regarding a potential peace agreement between the U.S. and Iran.
Following SpaceX’s initial public offering, Elon Musk announced plans to further accelerate the development of the Starlink satellite constellation, highlighting the scale of the company’s space infrastructure.
Analysts at Galaxy Research have concluded that the current market cycle for the leading cryptocurrency has not yet bottomed out. According to the report, the asset’s price could fall to the $40,000–$46,000 range.
Gold is losing its luster in the eyes of Wall Street’s biggest banks. For instance, UBS has revised its forecasts for the precious metal, lowering its price targets by $300–$900 per troy ounce. A strong U.S. economy and expectations of tighter monetary policy from the Federal Reserve are shifting market sentiment.
Law enforcement agencies from 11 countries shut down the Georgia-based cryptocurrency service AudiA6 as part of a joint operation. Between 2022 and 2025, more than €336 million may have been laundered through the service.
Experts identified the reasons behind the decline in cryptocurrency prices, predicted future price trends, and discussed which events could influence market dynamics.
Since Donald Trump returned to the White House, his family has managed to earn at least $2.3 billion from cryptocurrency projects. Paradoxically, the net losses of more than a million investors who invested in these same assets amounted to almost exactly the same amount—$2.3 billion.
The EU intends to propose a 21st round of sanctions against Russia, targeting the country’s banking and cryptocurrency networks, in order to increase the likelihood of a banking crisis and encourage Russia to engage in negotiations on a peace agreement.
ChatGPT developer OpenAI has confidentially filed for an initial public offering (IPO) in the US.
Strategy purchased an additional 1,550 BTC for $101.3 million. The purchase was funded by the sale of 1,409,600 MSTR shares under the ATM program.
In order to increase tax transparency and to comply with the latest technological developments, the Moldovan government intends to ratify the Amendment to the Multilateral Agreement of Competent Authorities on Automatic Exchange of Financial Account Information (AEOI). The Cabinet of Ministers will consider the relevant draft at its next meeting.
Bitcoin rose slightly on Monday, stabilizing after a sharp drop last week. Sentiment in the crypto market remains fragile amid ongoing institutional selling and rising tensions in the Middle East.
Over the past two years, early holders of the first cryptocurrency have sold about 1.24 million BTC. Strategy, the largest publicly traded corporate holder of the first cryptocurrency, and stock market investors – via spot bitcoin-ETFs – have bought a significant portion of that volume. All of this helped the market avoid a deeper fall, insists Ki Young Ju.
On June 5, bitcoin (BTC) fell below $60 thousand per coin, losing more than 6% per day and almost 20% since the beginning of the month. At the same time, the price of Ethereum (ETH) fell below $1.6 thousand, losing more than 10% per day and more than 20% of its value since June 1.
