Spain's Markets Regulator Confirms No Extension for EU Crypto Licence Deadline
The Spanish markets regulator has officially stated that there will be no extension for the EU crypto licence deadline, impacting crypto businesses in the country.
Bitcoin, blockchain, DeFi, digital assets, and crypto regulation.
The Spanish markets regulator has officially stated that there will be no extension for the EU crypto licence deadline, impacting crypto businesses in the country.
Users have reported delays in withdrawals from AscendEX, prompting ZachXBT to raise concerns about the exchange's liquidity and call for transparency regarding its reserves.
After reaching a low of $58,000, Bitcoin has bounced back to $59,770, although Ethereum continues to decline and significant futures liquidations have occurred.
For the first time in eight months, Sharplink, the second-largest corporate ether holder, has received an inflow of 5,000 ETH valued at approximately $7.85 million.
In a notable market shift, US Bitcoin ETFs saw $696.3 million in outflows as Bitcoin's price fell below $60,000, contributing to a total year-to-date loss of $4.6 billion.
SBI Holdings has reached an agreement to purchase Bitbank, a significant player in the Japanese cryptocurrency sector, for $288.6 million. The deal is anticipated to finalize by October 2026.
Real estate investor Grant Cardone intends to continue purchasing bitcoin, leveraging cash flows from his properties. He views the current downturn in bitcoin prices as an opportunity to expand his holdings.
As Ether's price drops to $1.5K, Tether stablecoin has overtaken it in market capitalization, returning to critical support levels last seen in late 2023 and early 2025.
Pension funds, recognized as some of the largest institutional investors, are increasingly exploring the cryptocurrency market through regulated investment channels.
As tech stocks experience a downturn, major cryptocurrencies like Ether, XRP, and Dogecoin have also seen significant selloffs. Bitcoin briefly dipped near $58,000 before a recovery.
Coinbase's blockchain network, Base, experienced a two-hour outage due to a consensus issue but has since resumed normal operations.
The collapse of Botanix raises questions about Bitcoiners' preferences, indicating a continued favor for Ethereum DeFi over Bitcoin Layer 2 solutions. What changes are needed for Bitcoin L2s to attract more users?
In response to reports of a bid from Payward, Aave founder Stani Kulechov has made it clear that AAVE is not for sale at a 70% discount, emphasizing its value.
Bitcoin continues to decline, reaching new lows for 2026. Factors such as ETF outflows and a bearish options expiry may be influencing its performance compared to AI-linked stocks.
Following a significant security breach, Polymarket has announced plans to refund users after hackers exploited a vulnerability linked to a third-party vendor.
Invesco, a major player in asset management, has filed for a tokenized fund aimed at the stablecoin reserve market, following its recent acquisition of Superstate's fund.
The Senate is under increasing pressure to address a significant cryptocurrency bill next month, but ongoing housing bill complications may complicate the timeline for its passage.
According to Anchorage Digital, Bitcoin options traders are taking a defensive approach as uncertainty continues in the market, although extreme downside risks are not currently anticipated.
Bitcoin's recent decline to $58,000 coincides with the power-law model's predicted cycle lows, yet futures market indicators suggest the potential for further declines.
The Ethereum layer-2 network Base faced over two hours of downtime caused by a block production issue, coinciding with a scheduled upgrade.