Singapore’s central bank has set a strict deadline of June 30 for local crypto service providers to stop offering digital token (DT) services to overseas markets. The directive comes from the Monetary Authority of Singapore’s (MAS) response to industry feedback on its proposed regulatory framework for Digital Token Service Providers (DSTPs) under its Financial Services … Read more
Taiwan-based cryptocurrency exchange BitoPro appears to have suffered a security incident after more than $11.5 million in crypto was drained from its hot wallets on May 8. The suspicious transactions, which occurred across hot wallets on Ethereum, Tron, Solana and Polygon, saw asset outflows to decentralized exchanges (DEXs) where they were later marked as sold, … Read more
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Bitcoin (BTC) starts June with BTC price action in a dangerous place — can buyers preserve key bull market support levels? Bitcoin traders are gearing up for fresh volatility as the highest-ever monthly close contrasts with increasing bets of a $100,000 retest. Labor market weakness and Fed policy are back under the microscope as inflation diverges … Read more
EUR/GBP holds ground due to increased risk sentiment after fresh tariff threats from Trump. The BoE is expected to keep rates unchanged in June following recent key economic data. European Commission noted that Europe will retaliate against the Trump’s plan to double tariffs on imported steel and aluminum. EUR/GBP remains steady after registering gains in … Read more
Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company based in Japan, has announced the acquisition of an additional 1,088 BTC as part of its ongoing Bitcoin Treasury Operations. The latest purchase was made at an average price of 15,519,019 yen per bitcoin, totaling approximately 16.885 billion yen. With … Read more
As Solana (SOL) gains traction, traders are eyeing a potential rally following recent bullish signals in the market. Solana’s Open Interest surged recently, indicating increased speculative interest among traders. Current price action shows signs of a divergence, suggesting the possibility of a market recovery. Solana [SOL] has experienced heightened investor sentiment, evident from its Open … Read more
Japanese investment company Metaplanet has become the world’s ninth-largest corporate holder of Bitcoin, continuing its aggressive strategy to promote Bitcoin adoption across Asia. The company acquired an additional 1,088 Bitcoin (BTC) at an average price of $108,400 per coin for a total of $117.9 million, the investment firm announced in a June 2 X post. … Read more
Singapore mandates all unlicensed crypto firms to stop serving overseas clients by June 30, 2025, with no transitional period allowed. Companies must meet strict DTSP licensing standards, including local leadership and compliance, to continue operating legally in Singapore. Singapore no longer gives room for local crypto companies that do not have official permits. The Monetary … Read more
Key takeaways: The emergence of a bear flag on the four-hour chart projects a Bitcoin price drop to $97,000. Traders say BTC price may drop as low as $85,000 if key support levels are broken, including the $100,000 psychological level and the yearly opening at around $92,000. Bitcoin’s (BTC) price is forming a classic bearish … Read more