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Bitcoin experienced its worst June since 2022, with its closing price below the 200-week moving average signaling to some analysts that the bear market bottom may still be ahead.
Taiwan's legislature has approved its first set of crypto and stablecoin regulations, marking a significant step towards global crypto market integration and enhanced consumer protection.
The European Union has finalized its Markets in Crypto-Assets (MiCA) regulation, granting licenses to a final wave of crypto firms and concluding the transition period. This marks a significant step towards regulated digital asset markets in Europe.
The Bank of Korea's governor revealed a vision for tokenized government bonds and a unified ledger system to streamline debt issuance and management, signaling a major step towards digitalizing sovereign debt.
Tennessee has implemented a ban on crypto ATMs, with Georgia also introducing restrictions, signaling a growing regulatory trend impacting digital currency accessibility in the United States. Operators in Minnesota face similar compliance deadlines.
Bitcoin is approaching a critical support level known as the realized price. Historically, touching this metric has signaled the bottom of bear markets, presenting a potential opportunity for savvy investors.
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