CNMV Warns Before MiCA Crypto Deadline
Spain’s CNMV mandates unapproved VASPs exit by June 30, risking market disruptions. Under 50% of VASPs have MiCA licenses; EU consults on DeFi/stablecoin laws. #Update #Legal
Crypto News
General category for all types of news related to the cryptocurrency world.
US-Iran Deal Launches Market Opportunity Shift
The US-Iran agreement has shifted market sentiment, boosting crypto as Bitcoin nears $66,600 and Ethereum hits $1,774; over $4.8B exited US Bitcoin ETFs since May. #Update #Crypto $BTC $ETH
Polymarket Shock: $1M Lost on Spain
An anonymous Polymarket trader lost $1M betting on Spain to beat Cape Verde, while user “Fishalive” profited $4.3M by betting against Spain. #Breaking #Crypto #Polymarket
AI Model Surpasses DeepSeek in Rio
IplanRIO’s AI model Rio 3.5, initially claimed as original, is revealed to be a 60% merge of Nex N2 Pro and Qwen 3.5 after Nex’s analysis. #Update #AI
EU Crypto Firms Face 75% License Loss
The EU’s MiCA regulation deadline on July 1, 2026, mandates full CASP licenses for crypto firms; 83% remain unlicensed. ESMA confirms pending applications offer no protection. #Update #Legal
Hyperliquid Loses Anthropic and OpenAI Support
@Ventuals is shutting down its perpetual futures tied to OpenAI and Anthropic, halting trading and settling all positions. The team will join another project in the Hyperliquid ecosystem. #Update #Crypto $HYPE
SpaceX Projects $1 Trillion Revenue by 2030
Elon Musk projects @SpaceX could reach $1 trillion revenue by 2030; Pompliano suggests merging with Tesla. SpaceX’s $1.29 billion bitcoin holdings attract Wall Street attention. #Update #Crypto $BTC
SpaceX Soars 8% Testing $2.28T Cap
SpaceX shares surged 8.06% to a $2.28T market cap, influencing $BTC as it jumped past $67K, reflecting heightened risk appetite in tech and crypto markets. Crypto $BTC
MiCA Deadline Challenges EU Crypto Exchanges
The EU’s MiCA regulation is now impacting crypto service providers, requiring licensing to continue operations in Europe, potentially altering user access and market dynamics. #Update #Legal
Clarity Act Targets August for Implementation
The crypto industry’s July 4 target for the Clarity Act is unlikely to be met, with August recess now seen as a more realistic deadline due to unresolved ethics disputes. #Update #Crypto $BTC
Crypto Leadership Demands Protection for Innovators
The Clarity Act’s provision protecting software developers remains intact, crucial for U.S. innovation in crypto, as unclear laws push builders overseas. #Update #Legal $SOL
Bittensor TAO Surges 31.9% Leading Index Higher
The CoinDesk 20 Index rises to 1812.32, up 5.9%, led by $TAO (+31.9%) and $NEAR (+22.2%), while $BNB and $BTC lag behind with gains of 2.5% and 4.2%, respectively. #Update #Crypto $TAO
Cryptocurrency Registration Mandated in Zimbabwe
Zimbabwe mandates annual registration for cryptocurrency companies, requiring a $500 fee to enhance regulation; non-compliance will lead to legal consequences. This marks the country’s first formal framework for the crypto sector. #Update #Crypto
Wells Fargo Warns on AI Sector Shifts
Wells Fargo Advisors warns that the AI and IT sector, up 37% since May 29, is now relatively unattractive for investors; suggests reallocating to Financials, Industrials, and Utilities amid upcoming large IPOs. #Update #Crypto $BTC (-8) ↘