Dubai’s VARA Issues 50th Virtual Asset License

Dubai’s Virtual Assets Regulatory Authority has issued its 50th virtual asset service provider license. Cointelegraph reported June 29 that VARA granted the new license to tokenized asset platform Tribe Tokenisation FZE. The approval brings the total

Bithumb Becomes First Korean Crypto Exchange to Win YouTube Silver Play Button

Bithumb said Monday it had become the first South Korean cryptocurrency exchange to surpass 100,000 YouTube subscribers, earning the platform’s Silver Play Button creator award. The YouTube Silver Play Button is awarded to channels with at least 100,

Gold Falls Toward $4,000 an Ounce as US-Iran Tensions Ease

Gold prices fell as easing military tensions between the US and Iran dented demand for haven assets. Spot gold dropped as much as 0.9% on June 28, sliding toward $4,000 an ounce, Bloomberg reported. That pared part of the 1.6% advance on June 27. The

EBA Proposes MiCA Fines of Up to 12.5% of Revenue for Major Crypto Issuers

The European Banking Authority has published a proposed penalty framework that would impose fines of up to 12.5% of annual revenue on major crypto-asset issuers that violate the Markets in Crypto-Assets regulation, or MiCA. Cointelegraph reported on

Solana’s Key Support Lies at $65-$71; Break Could Open Drop to $53

Solana has built a strong support base in the $65 to $71 range, and the token’s uptrend remains intact as long as that zone holds, according to an analysis. Crypto analyst Ali Martinez wrote on June 28, citing UTXO Realized Price Distribution, or URP

US, Iran Agree to Halt Military Attacks, Resume Hormuz Talks in Qatar on June 29

The US and Iran have agreed to halt military attacks against each other and will hold follow-up talks on the Strait of Hormuz. Axios reported on June 28 that the two sides agreed to stop all military action and plan to hold technical talks in Doha, Q

Bitcoin Capitulation Signal Points to Possible Bear-Market Bottom

A surge in loss-taking by Bitcoin investors is signaling the market may be entering a bear-market bottoming phase. Cointelegraph reported on June 28 that CryptoQuant contributor Darkfost, citing an analysis of Bitcoin unspent transaction output, or U

Tether Broadens XAUT Use as Ledn Moves to Offer Gold-Backed Loans

Tether, the issuer of the USDT stablecoin, is expanding the use of its gold-backed token Tether Gold, or XAUT, as it pushes into the market for digital gold-backed lending. Crypto lending platform Ledn will add Tether Gold as a supported asset, CoinD

BlackRock Bitcoin ETF Investors Face Average 40% Loss as Outflows Hit Seven Weeks

BlackRock investors in spot Bitcoin exchange-traded funds are sitting on average unrealized losses of about 40%. The Block reported on June 27 that Bespoke Investment Group estimated the average return for investors in BlackRock’s iShares Bitcoin Tru

Trump Warns Iran May Face More Military Action, Says Islamic Republic Could ‘No Longer Exist’

President Donald Trump accused Iran of violating a ceasefire agreement and warned that the U.S. may take further military action. In a Truth Social post on June 27, Trump said U.S. aircraft struck Iranian missile and drone storage facilities as well

US Spot Bitcoin ETFs See $469 Million in Net Outflows, Extending Streak to Five Sessions

US spot Bitcoin exchange-traded funds extended their stretch of net outflows. Trader T data published on June 25 showed the funds posted combined net outflows of $469.05 million a day earlier, marking a fifth straight trading session of redemptions.

WSJ Reports Iran Used North Korean Hack Proceeds to Skirt Sanctions Via CoinEx

Iran's central bank appears to have used cryptocurrency stolen by a North Korean hacking group and laundered the funds through a Chinese-linked exchange, the Wall Street Journal reported. Citing blockchain analysis, the Journal reported on June 24 th

Ripple, SBI Launch Dollar Stablecoin RLUSD in Japan

Ripple said Thursday it launched dollar-backed stablecoin Ripple USD, or RLUSD, in Japan with SBI Holdings Inc. and its subsidiary SBI VC Trade. The launch followed approval from Japan’s Financial Services Agency. RLUSD has been recognized as an elec

[Today’s Key Economic and Crypto Events] US May PCE, PCE Price Index Due

Today’s Key Economic Events ▶ June 25 (Thursday): △US weekly initial jobless claims (9:30 p.m. Korea time) △US May durable goods orders (9:30 p.m. Korea time) △final third estimate of US first-quarter GDP growth (9:30 p.m. Korea time) △US May persona

US House Panel Debates Direct Fed Payment Access for Crypto, Fintech Firms

The House Financial Services Committee held a hearing on whether to allow cryptocurrency and fintech firms direct access to the Federal Reserve's payment system. The Block reported on June 24 that a key issue at the hearing was whether crypto firms s

Lummis Says Clarity Act Already Addresses Banks’ Concerns

Senator Cynthia Lummis pushed back against JPMorgan Chase CEO Jamie Dimon’s criticism of the Clarity Act. In a post on X on June 24, Lummis told Dimon to “sit on the beach over the Fourth of July holiday and read the bill himself.” She wrote that the

Ki Young Ju Says Strategy’s Bitcoin Buying Is Absorbing Liquidity More Than Boosting Prices

Ki Young Ju, chief executive officer of CryptoQuant, said Strategy’s Bitcoin buying is functioning less as a catalyst for price gains and more as a sink for market liquidity. In a post on X on June 24, Ju said Strategy’s current Bitcoin accumulation

US Spot-Bitcoin ETFs See $113.79 Million in Outflows, Extending Streak to Four Sessions

U.S. spot-Bitcoin exchange-traded funds posted net outflows for a fourth straight trading session. Data compiled by Trader T showed $113.79 million was withdrawn from U.S. spot-Bitcoin ETFs on June 23. BlackRock's IBIT accounted for the bulk of the o

Cardano’s SecondFi Says Wallet Software Flaw Caused Hack; Losses May Exceed $20 Million

SecondFi, a project in the Cardano ecosystem, said a recent security breach was caused by a flaw in its proprietary wallet-generation software. Separate analysis suggests total losses may exceed $20 million. Wu Blockchain reported on June 23 that Sec

Suspected BitMine Wallets Withdraw 35,138 ETH Worth $58.39 Million From BitGo, Kraken

Two newly created wallets believed to be linked to BitMine have withdrawn a large amount of Ethereum. On-chain analytics platform OnchainLens said June 23 that the wallets withdrew a combined 35,138 ETH from custody firm BitGo and cryptocurrency exch

June 24 Economic and Crypto Calendar: US May New Home Sales, Micron Earnings

Today’s Key Economic Events ▶ June 24 (Wednesday): △ US May building permits (9:30 p.m. Korea Standard Time) △ US May new home sales (11 p.m. Korea Standard Time) △ Corporate earnings: Micron Technology (MU) Today’s Key Crypto Events ▶ June 24 (Wedne

Cboe Revives Binary Options After a Decade, Stepping Up Competition With Kalshi and Polymarket

Cboe Global Markets is reentering the prediction-market arena after more than a decade by relaunching binary options. Bloomberg reported on June 23 that Cboe plans to list binary options tied to the S&P 500 Index. The contracts allow investors to tra

Franklin Templeton Launches Franklin Crypto, Completes 250 Digital Acquisition

Franklin Templeton, the global asset manager with $1.7 trillion in assets under management, has launched a dedicated digital-asset investment unit. CoinDesk reported on June 23 that Franklin Templeton completed its acquisition of crypto investment fi

Analysis: Rising Bitcoin Whale Inflows to Binance Signal Further Volatility

Rising Bitcoin inflows from whales to exchanges could fuel further market volatility, according to a CryptoQuant analysis. CryptoQuant contributor MorenoDV wrote on June 23 that whale inflows to Binance have continued throughout June, and that moves

Hezbollah Says Israeli Attack Violated Ceasefire

Hezbollah, the Lebanese militant group, said Israel's recent military action violated the ceasefire agreement. Walter Bloomberg reported on June 23 that Hezbollah said in a statement that Israel's attack breached the ceasefire deal. The statement cam

Ripple Wins Preliminary MiCA License Approval in Luxembourg

Ripple has received preliminary approval for a crypto-asset service provider, or CASP, license under the European Union’s Markets in Crypto-Assets, or MiCA, framework. Cointelegraph reported on June 23 that Ripple had won the preliminary approval fro

Trump Signs Quantum Orders, Sets 2030 Deadline for Post-Quantum Crypto Shift

President Donald Trump has signed two executive orders aimed at accelerating quantum computing development and addressing the security threats the technology could pose. The Block reported on June 23 that Trump signed Executive Orders 14409 and 14411

US Spot Bitcoin ETFs See $227 Million Outflow, Extending Streak to Six Weeks

US spot Bitcoin exchange-traded funds posted net outflows for a sixth straight week. Wu Blockchain reported on June 22 that US spot Bitcoin ETFs saw $227 million in net outflows in the week of June 14-18. That marked the sixth consecutive week of wit

Toss Bank Partners With Solana Foundation on Blockchain-Based Financial Infrastructure

Toss Bank said June 22 that it will work with the Solana Foundation to build next-generation financial infrastructure based on blockchain technology. The South Korean internet-only bank signed a memorandum of understanding with the Solana Foundation

Today’s Key Economic and Crypto Events: Fed Governor Waller to Speak

Today’s Key Economic Events ▶ June 22 (Monday): Christopher Waller, governor at the Federal Reserve, is scheduled to speak at 10 p.m. Korea time. Today’s Key Crypto Events ▶ June 22 (Monday): Litecoin (LTC) Summit Amsterdam runs from June 22 to June