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Author: James Wilson
Ripple has received full Crypto Asset Service Provider authorization from Luxembourg’s Commission de Surveillance du Secteur Financier. Summary Ripple’s Luxembourg approval lets it offer regulated crypto payment services across the European Economic Area. The CASP license pairs with Ripple’s EMI license, supporting cryptoasset and stablecoin payment infrastructure. MiCA’s July deadline has split Europe’s crypto market between licensed and restricted service providers. The approval completes its Markets in Crypto-Assets requirements and allows the company to offer regulated cryptoasset services across the European Economic Area. The authorization follows Ripple’s earlier preliminary MiCA approval in Luxembourg. That step gave Ripple a path to…
South Korea’s Supreme Court has proposed new civil enforcement rules for digital assets that set out how cryptocurrencies can be seized, transferred and converted into cash during debt collection proceedings, with the measures scheduled to take effect on Oct. 1 after public consultation. Summary South Korea’s Supreme Court has proposed rules allowing cryptocurrencies to be seized, transferred and sold during civil enforcement proceedings. The draft sets out procedures for courts, creditors and virtual asset service providers to handle the seizure and liquidation of digital assets. Public consultation will continue until Aug. 11, with the new civil enforcement rules scheduled to…
Spot Bitcoin ETFs recorded $527 million in net outflows from June 29 to July 2, extending their weekly withdrawal streak to eight weeks. The latest data shows that demand for Bitcoin funds remains weak, even after some products returned to daily inflows. Summary Bitcoin ETFs extended their outflow streak as investors pulled $527 million over four trading days. Ethereum ETFs also stayed negative, showing weak demand across the two largest crypto assets. XRP, SOL and HYPE funds drew inflows, pointing to selective demand beyond Bitcoin and Ethereum. Crypto.news reported that U.S. spot Bitcoin ETFs lost $527 million over the four…
Ledger co-founder Eric Larchevêque said a future where Bitcoin trades at $1 million, or even $10 million, may not be a healthy one. Wu Blockchain reported that he made the comments in a June 25 interview with When Shift Happens. Summary Larchevêque framed $1m Bitcoin as a stress signal, not just another bullish market price target. He said Bitcoin matters more when banks, currencies and governments fail to protect personal wealth. Crypto.news reports show debt fears, ETF flows and macro pressure still shape Bitcoin demand Larchevêque linked a high Bitcoin price to stress in the global money system. He said…
Binance recorded about $1.23 billion in net outflows during the week beginning June 29, according to DefiLlama data reported by Cointelegraph. The figure was up 207% from about $400 million in the previous week. Summary Binance ETH withdrawals hit a three-year high as users moved coins away from the exchange. Weekly Binance outflows tripled to about $1.2b while monthly exits reached nearly $3.2b. Analysts linked the spike to accumulation, MiCA uncertainty and short-term positioning around Ethereum’s rebound. The exchange also recorded about $3.2 billion in monthly net outflows. The move showed that users were moving more funds away from the…
XRP traded near $1.13 on July 5, according to crypto.news market data. The token was down 1.04% over 24 hours but remained up 7.79% over seven days. Its market cap stood near $70.26 billion, while 24-hour volume was about $1.67 billion. Summary XRP’s current price near $1.13 keeps the token below the key $1.20 weekly average. A weekly death cross could turn the 200-week SMA from support into future resistance. Crypto.news analysis keeps $1.10, $1.20 and $1.40 as key levels for XRP traders. The price remains close to a key technical zone after a short recovery from the $1 area.…
Ethereum traded near $1,764.43 on July 5, according to crypto.news market data. The token was up 0.2% over 24 hours and 11.58% over seven days. Its market cap stood near $212.91 billion, while 24-hour volume was about $11.16 billion. Summary Ethereum remains trapped between $1,700 support and $1,800 resistance as liquidation clusters frame price action. Vitalik Buterin’s Lean Ethereum roadmap focuses on STARKs, quantum resistance, privacy and future scalability. ETH’s MACD shows improving momentum, but weak volume keeps a confirmed bullish reversal out of reach. The latest daily range showed ETH moving between $1,751.18 and $1,801.59. That placed the token…
Senator Cynthia Lummis has renewed her call for lawmakers to advance the CLARITY Act, a bill aimed at setting clearer rules for digital asset markets in the United States. A post shared by CryptoGoos cited Lummis as saying the bill would “lay the foundation for the financial services of the 21st century.” Summary Lummis says the CLARITY Act can modernize finance, but Senate timing remains the main hurdle. Crypto.news says the bill cleared key steps but still needs a full Senate floor vote. The bill would split crypto oversight between SEC and CFTC while adding exchange safeguards. Lummis also said,…
Kraken has started allowing eligible users to use select tokenized stocks and ETFs as collateral for futures and margin trading on Kraken Pro. The update gives traders a way to support leveraged crypto positions without selling those tokenized holdings first. Summary Kraken allows ten xStocks as collateral, widening capital use for eligible non-US traders globally today. Broad-market ETFs carry lower haircuts, while volatile names like MSTRx and HOODx receive higher discounts. Related coverage shows Kraken moving tokenized assets toward collateral, cash management and institutional credit products. The exchange said 10 xStocks assets are eligible at launch. The list includes SPYx,…
The Canary HBAR ETF, trading on Nasdaq under the ticker HBR, pulled in $989,000 in net inflows on July 2. The figure marked its largest single-day inflow since May 15, according to market posts tracking spot crypto ETF flow data. Summary Canary’s HBR ETF drew $989K, showing Hedera still appears in institutional flow data despite weak price. HBAR trades near $0.075, with market cap above $3.29b and weekly gains holding firm. ETF demand remains small, but steady appearances may keep Hedera visible to regulated investors. The amount remains small compared with spot Bitcoin ETF and spot Ethereum ETF flows. Still,…