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Ripple and Stellar outlook: XRP awaits a breakout, XLM rally gathers pace
Ripple (XRP) steadies at $1.19 at the time of writing on Thursday, below the upper boundary of its falling channel after facing rejection. Meanwhile, Stellar (XLM) extends its gains, rallying over 25% so far this week.
Fxstreet
Thu, Jun 18
Crypto Overview: Bitcoin loses $65,000 while Ethena and Stellar advance
The broader cryptocurrency market remains divided with Bitcoin (BTC) slipping below $65,000 on Thursday after Kevin Warsh’s hawkish speech the previous day, while altcoins like Ethena (ENA) and Stellar (XLM) advance upwards.
Fxstreet
Thu, Jun 18
Kentucky sues Kalshi and Polymarket over unlicensed sports betting, deepening US prediction market war
Kentucky Attorney General Russell Coleman sued Kalshi, Polymarket, and VGW on June 17, accusing the companies of running illegal gambling platforms without a Kentucky licence. The lawsuits, filed in Franklin Circuit Court, add to a growing fight over whether online prediction markets should be regulated as federally supervised derivatives markets or as gambling products subject...Cryptopolitan
Thu, Jun 18
CZ urges governments to put stocks and stablecoins on the blockchain
Binance founder Changpeng Zhao (CZ) is calling on governments worldwide to migrate stock markets to blockchain networks and issue their own national stablecoins. He says traditional finance is entering a new on-chain era. His comments follow meetings with government officials and financial regulators in Asia to discuss the future of blockchain technology and digital assets. ...Cryptopolitan
Thu, Jun 18
Binance founder CZ urges governments to tokenize stock markets and launch sovereign stablecoins
Binance founder Changpeng Zhao (CZ) has called on governments to tokenize their stock markets and issue sovereign stablecoins, arguing that blockchain technology can expand access to capital markets and increase the global use of national currencies.Fxstreet
Thu, Jun 18
MSTR slides 4% as Strategy faces fresh Bitcoin sell-off speculation
Strategy (NASDAQ: MSTR), formerly known as MicroStrategy, fell nearly 4% as investors responded to growing speculation that the company could sell more of its Bitcoin holdings in the coming months. The stock closed at around $117.94, down 3.97%, underscoring worries about the company’s short-term outlook. The latest discussion follows the suggestions that Strategy may need...Cryptopolitan
Thu, Jun 18
ECB's Lagarde reportedly pressured Greece to reject Binance's MiCA license
Binance’s crypto licensing application in Greece has stalled after what rumors claim is because the regulators received direct orders from the European Central Bank (ECB) President, Christine Lagarde. Binance’s application, which was made under the Markets in Crypto-Assets (MiCA) regulation, had cleared most of Greece’s regulatory requirements and was on track for approval prior to...Cryptopolitan
Wed, Jun 17
Grayscale pegs AAVE fair value at up to $175, calls token undervalued at $75
A recent valuation report released yesterday by Grayscale Research suggests that the Aave token is currently undervalued. The firm projects that if the regulatory environment becomes more favorable for the tokenization of real-world assets, the token’s price could reach approximately $175 within the next year. The report, called “A Guide to Buying the Dip: Valuing...Cryptopolitan
Wed, Jun 17
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