Key points: Bitcoin recovered sharply from $100,000 on June 6, but the bears are expected to pose a strong challenge at higher levels. Several altcoins held their respective support levels, signaling a possible consolidation in the near term. Bitcoin (BTC) made a brilliant comeback on June 6, rising above $105,000, indicating solid demand at lower…
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Key takeaways: Bitcoin (BTC) climbed toward $105,000 on June 6 after plunging to its lowest level in four weeks the previous day. Traders questioned whether the sharp decline had been coordinated, especially following reports that US President Trump and Chinese President Xi Jinping had resumed discussions over import tariffs. The reasons behind Bitcoin’s sudden drop…
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Opinion by: Phil Mataras, founder and chief executive officer at AR.io Let’s stop pretending that data just disappears. It doesn’t. It’s deleted, erased, buried and more often than not, done deliberately. Every time a new administration seizes power, priorities are reshuffled. This is to be expected, but what is unacceptable is the quiet, coordinated disappearance…
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Key points: Bitcoin (BTC) passed $104,000 at the June 6 Wall Street open as strong US labor market data contrasted with fresh calls for interest-rate cuts. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin edges higher as Trump moves to Fed Data from Cointelegraph Markets Pro and TradingView showed BTC/USD up 2.5% on the day. Having recovered…
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The Monetary Authority of Singapore (MAS) has shed light on its Digital Token Service Providers (DTSPs) regime, following widespread panic in the industry over a potential ban on crypto firms serving overseas clients In a June 6 announcement, MAS reiterated that starting June 30, crypto firms “providing services solely to customers outside of Singapore relating…
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Strategy, the world’s largest corporate Bitcoin holder, plans to raise nearly $1 billion through a new stock offering to fund additional Bitcoin purchases. The company, led by executive chairman Michael Saylor, plans to issue 11,764,700 shares of 10.00% Series A Perpetual Stride Preferred Stock at a public offering price of $85 per share. Strategy estimates…
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European lawmakers have yet to define “decentralization,” even as regulators begin preparing for decentralized finance (DeFi) to become a key focus of crypto policy in 2026. The world’s first comprehensive regulatory framework for the crypto industry, the Markets in Crypto-Assets Regulation (MiCA), went into effect on Dec. 30, 2024. Among its aims are to boost…
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The United Kingdom’s Financial Conduct Authority (FCA) has proposed lifting its ban on offering cryptocurrency exchange-traded notes (ETNs) to retail investors. In a June 6 announcement shared with Cointelegraph, the FCA said the proposed change would allow individual consumers to access crypto ETNs, provided they are listed on an FCA-recognized investment exchange. “We want to…
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Switzerland is moving forward with plans to automatically share crypto-related data with 74 partner countries, including the United Kingdom and all European Union member states. The Federal Council, the government of Switzerland, has adopted a bill to enable the automatic exchange of information (AEOI) on crypto with partner countries, according to an official announcement on…
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Japan’s “Strategy” Metaplanet has updated its Bitcoin acquisition targets to acquire a total of 100,000 BTC by the end of 2026. Metaplanet on June 6 posted its new Bitcoin (BTC) acquisition plan, significantly raising its previous target of 21,000 BTC by late 2026. “Our previous target — to hold 21,000 BTC by the end of…
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