Saturday Top Crypto News
In one short thread…
On June 20, spot Bitcoin ETFs saw a total net inflow of $6.3658 million, marking the ninth consecutive day of net inflows
In contrast, spot Ethereum ETFs recorded a total net outflow of $11.3444 million
Texas Governor Greg Abbott has signed House Bill 4488 (HB 4488), which protects certain state funds, including any Bitcoin reserves held outside the state treasury
He has not yet decided on Senate Bill 21 (SB21), which would authorize Texas to invest in crypto assets with a market cap of at least $500 billion—currently, only Bitcoin meets this threshold
Coinbase has secured its Markets in Crypto-Assets (MiCA) licence from Luxembourg’s CSSF, allowing it to offer regulated crypto services across all 27 EU member states
The company will establish its European crypto hub in Luxembourg, enabling access to 450 million users under a unified framework
Hyperscale Data, Inc. (NYSE American: GPUS), a diversified holding company, today announced that the $TRUMP meme coin is now an accepted payment method on Bitnile. com, it’s sweepstakes-based social-casino platform
Players can now use $TRUMP to purchase coin packages used to enter a wide range of casino-style social games on including slots, poker and blackjack
Bitnile plans to roll out additional cryptocurrencies over the coming months
The Norwegian government plans to launch an investigation this autumn to assess whether to impose a temporary ban on cryptocurrency mining, aiming to ease pressure on electricity supply, network capacity, and land use
Previously, local residents had called for mining operations to shut down due to noise concerns
Bloomberg analysts Eric Balchunas and James Seyffart said they have raised the probability of approval for most spot crypto ETFs to 90% or higher, citing the U.S. SEC’s increased engagement as a key indicator
However, they noted that the exact timing of approval or launch remains uncertain
Kraken announced that it will move its global headquarters to Cheyenne, the capital of Wyoming, in response to the state's long-standing regulatory policy supporting the crypto industry
Kraken closed its San Francisco headquarters in 2022 due to frequent attacks and harassment of its employees
The U.S. Wyoming Stablecoin Committee announced that Aptos and Solana have become the preferred blockchain platforms for the WYST project
WYST is a stablecoin issued by the US state government and backed by fiat currency. It plans to achieve multi-chain deployment through LayerZero
Crypto majors trade at the following levels
BTC 103,604
ETH 2,428
XRP 2.135
SOL 140.98
Have a great day. Enjoy the London sun 😎
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