BTC, ETH, XRP: U.K. to Restrict Banks’ Crypto Activities

The British approach differs from America.

Read more

Ethereum Mirrors Bitcoin 2017-2021 Pattern – $4,000 Is The Trigger Point

Ethereum is trading within a tight range that has held for several weeks, forming the kind of compression structure that often leads to a significant breakout. Despite heightened volatility in global markets driven by escalating tensions in the Middle East, ETH has remained resilient, holding strong above key demand zones around the $2,500–$2,600 area. The current environment is marked by uncertainty, with geopolitical conflict and macroeconomic risks weighing on investor sentiment. Yet Ethereum’s price structure suggests that bulls are patiently building momentum. Related Reading: Bitcoin Consolidates as Realized Profits Stay Low – No Signs Of Major Sell-Off Yet Top analyst Ted Pillows shared a technical outlook, pointing out that Ethereum is mirroring the same consolidation pattern that Bitcoin followed during its 2017–2021 cycle. In that historical setup, BTC compressed into a tight range before entering a parabolic rally once the upper boundary was broken. If Ethereum follows a similar path, the next move could be dramatic, especially if it clears major resistance levels like $2,800. As long as ETH holds range support and absorbs both upside and downside wicks, this setup remains intact. A breakout above the current range could ignite a fresh leg up for Ethereum—and possibly spark renewed strength across the altcoin market. Ethereum Builds Momentum As Market Awaits Clarity Ethereum is currently trading in a tight range, consolidating just above the $2,600 level and holding firm despite macroeconomic and geopolitical headwinds. After rallying nearly 80% from its April lows, ETH appears to be preparing for a decisive move in the coming sessions. However, with escalating tensions between Israel and Iran and uncertainty surrounding possible U.S. involvement, broader markets remain cautious. Until clarity emerges on the geopolitical front, sideways price action may persist. Still, Ethereum’s price structure remains constructive. Strong consolidation above key demand zones reflects ongoing buyer interest and a lack of heavy selling pressure. This behavior often precedes major moves, as investors accumulate ahead of expected volatility. Some market participants remain cautious, warning of a possible retrace below the $2,400 level if demand falters or broader risk sentiment weakens. In contrast, bullish analysts like Ted Pillows suggest a more optimistic outlook. According to Pillows, Ethereum is closely following the path Bitcoin took during its 2017–2021 cycle, where tight consolidation ultimately led to a breakout and parabolic rally. In this view, ETH’s real explosive phase won’t begin until it breaks above $4,000. If this scenario plays out, Ethereum could trigger a broader altcoin surge and shift overall crypto market sentiment bullish once again. Related Reading: Tron Shows Real Growth: Transaction Volume Soars While Success Rate Stays Above 96% ETH Technical Analysis: Consolidation Near Key Levels The 3-day Ethereum chart shows a prolonged consolidation phase as ETH trades near the $2,500 mark. Despite geopolitical uncertainty and rising macroeconomic risks, Ethereum has held above the $2,400 support zone, forming a tight range just below the critical resistance at $2,775. This area also coincides with the 200-day SMA (red line), which continues to cap upward momentum. ETH remains above the 50-day (blue) and 100-day (green) SMAs, suggesting bullish momentum is intact, though lacking follow-through. The recent candle bodies show decreasing volatility, with wicks on both sides being absorbed—a classic sign of compression that often precedes a large move. Related Reading: Ethereum Golden Cross Approaching – Will History Repeat? Volume has declined slightly compared to the breakout in early May, indicating a temporary pause in bullish conviction. However, if Ethereum manages a higher close above the $2,775 resistance, it could trigger an impulsive breakout targeting the $3,000 level. On the downside, a break below $2,400 would invalidate the current structure and expose ETH to a deeper correction toward $2,100. Featured image from Dall-E, chart from TradingView

Read more

Fetch.ai floats $50m FET token buyback plan as AI agents gain steam

Fetch.ai’s leadership has long argued that FET trades below its true potential. Now, they’re putting $50 million where their mouth is, launching a multi-exchange buyback as AI agent activity hits new highs. On June 19, Fetch.ai CEO Humayun Sheikh took to X to announce that that the Fetch Foundation will execute a $50 million buyback of Artificial Superintelligence Alliance ( FET ) tokens across multiple trading venues, framing the move as a direct response to FET’s perceived undervaluation. “I believe that $FET is undervalued,” Sheikh wrote in his post, adding that the buyback will proceed with the backing of market makers. Unlike typical corporate buybacks, this move is rare in crypto, where projects usually focus on burns or staking rewards rather than open-market acquisitions to tighten supply. You might also like: Only 30% of Russian crypto miners registered, says finance ministry Why the radical FET buyback strategy? The Fetch Foundation’s $50 million buyback plan suggests more than just a financial maneuver to prop up the token’s price. The foundation appears to be making a calculated response to tangible growth in the Fetch.ai ecosystem since its establishment in 2017. Notably, Fetch.ai’s autonomous agents, powered by its ASI1 infrastructure, are seeing accelerated adoption across industries, from decentralized finance to IoT automation. Recent partnerships, such as the collaboration with AkedoFun to integrate AI agents into gaming ecosystems, underscore the expanding demand for Fetch’s technology. With ASI1 enabling more complex AI operations on-chain, the foundation may be anticipating a supply crunch as usage grows. The buyback could be aimed at ensuring liquidity for an ecosystem where tokens are fuel, not just tradable assets. The announcement sent FET up over 7% in early trading, jumping from a daily low of $0.6434 to as high as $0.7045 before paring some of the gains to exchange hands at $0.6833 at the time of writing. You might also like: Musk’s X to offer investment and trading in ‘super app’: report

Read more

Bitcoin.com Casino Launches with a Gambling Tournament Experience

Bitcoin.com Casino, an online casino launched in May in the crypto gambling sector offers players games of chance such as poker and slots The platform focuses on a good user experience, with a customer service chat available 24/7 The casino has multiple game providers, offering a wide range of casino games, allowing gamblers flexibility in game choice Bitcoin.com Casino , a Web3-focused gambling project, was officially launched in May 2025 after its establishment in the crypto-gambling sector this past January. The platform offers gamblers a user-friendly experience through their customer service chat, available 24/7 to promptly answer and resolve any customer queries. The casino also empowers its customers with the flexibility to select their preferred games from a wide range of available gaming options offered by various providers. The platform has been designed for crypto natives, offering instant deposits, blockchain transparency, and exclusive token perks. Bitcoin.com Casino has been built for gamblers who resonate with Web3 world innovations. It currently has presence restrictions in the following countries: Afghanistan, China, Cuba, the Central African Republic, the Democratic Republic of Congo, Haiti, Iran, Iraq, Israel, Libya, Myanmar, North Korea, Russia, Somalia, South Sudan, Syria, UK, USA, Yemen, and Venezuela. Bitcoin.com targets Web3 enthusiasts The online casino predominantly focuses on Web3 innovations and crypto enthusiasts, emphasizing its commitment to understanding and using cryptocurrencies as well as benefiting from their unique advantages. With multiple games, betting options, and an easy-to-navigate application, Bitcoin.com aims to deliver fast transactions, enhanced security, and an exceptional user experience. In addition, the casino has also integrated popular crypto wallets and payment systems, making it a convenient choice for online casino customers. It has integrated multiple deposit options for cryptocurrencies, including BTC, ETH, LTC, TRX, XRP, ADA, LINK, XLM, BCH, USDT, and USDC. For the FIAT deposit, Bitcoin.com integrated Credit Cards include SEPA Bank Transfer, VISA, MasterCard, MiFinity, and Revolut. Since its launch, Bitcoin.com Casino has introduced several USPs, including a 1 BTC giveaway with 0.5 BTC for the winner. It’s also rolled out a Bitcoin Arena, a metaverse-style multiplayer crash game built for the competitive crypto generation. The gamified loyalty system called Bitcoin Club that gives players real, wager-free rewards from day one is one of the big perks introduced by the Founders. For every level up, players get rewards such as instant rakeback and exclusive bonuses – for instance, a 100 EUR free bet on their Sportsbook. The casino boasts a VIP lifestyle and a unique experience where VIPs receive an exclusive Bitcoin Visa credit card, enabling them to spend their crypto freely with up to $100k per transaction and no daily limits, which is rather unique in the industry. A VIP Concierge App handles travel bookings, events, restaurants, and more. The casino operates under the motto that ‘True Money Can’t Buy Experience’, which represents the real value its Founders place in their top-tier players. Tobique licensing firm located in Canada, New Brunswick, operating as a self-governed region under section 35(1) of the Canada Constitution Act, 1982, licensed Bitcoin.com. The license firm oversees all forms of gaming from its territory, including land-based and online gaming. The license presents Bitcoin.com as an economically viable option that can be attained with relative efficiency and speed. Bitcoin.com ’s crypto-native mindset Bitcoin.com Casino aspires to be fast, fair, and fully crypto-native, offering instant deposits and withdrawals in crypto. Bitcoin.com , a well recognized brand in the crypto ecosystem with valuable trust, global reach, and domain authority in the crypto space, has backed the newly launched casino, as well as endorsed their Bitcoin Club Loyalty Program, which offers customers instant, daily, weekly, and monthly rakeback with no hidden terms, just honest and transparent rewards as well as verifiable outcomes. Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Bitcoin.com Casino Launches with a Gambling Tournament Experience appeared first on Times Tabloid .

Read more

Crypto’s New World Order: Regulators Race to Catch Up with U.S.

With the U.S. Senate's passage of the GENIUS Act and Washington headed towards a new age of crypto clarity, regulators globally are battling to catch up with their own frameworks—cementing what most are calling the ”great convergence” of digital asset regulation. This week alone, the UK's Financial Conduct Authority (FCA), the Bank of England, and Middle East regulators from Dubai to Bahrain have brought new proposals and concrete deadlines, all racing to keep pace with America's regulatory drive and the EU's MiCA regime. Who's Moving, and When? The U.S. may have grabbed the headlines with its federal stablecoin bill, but the global domino effect is evident. In the UK, the FCA has also stated that it will bring the most important crypto activity—trading, custody, and stablecoin issuance—within the regulated perimeter by 2026, abandoning its previous phased approach. The Bank of England is bringing new capital and custody requirements for banks and payment institutions handling digital assets, consulting in Q3 2025 and final rules published in early 2026. Across the Channel, the EU's MiCA regime is entirely in effect with the first of the delegated regulations on market abuse and reserve backing for stablecoins implemented in April. National supervisors are releasing supervisory statements and harmonising AML rules, and the European Banking Authority is also finalising standards on crypto custodianship. Meanwhile, the Middle East is moving fast: Dubai’s VARA has announced stricter marketing and licensing standards for exchanges, and Bahrain has refreshed its crypto rules with an eye on cross-border cooperation and FATF compliance. Not All Rulebooks Are Alike Despite the rush for global standards, regulatory divergence remains a major challenge. The EU's MiCA regime, for example, demands 100% reserve backing of stablecoins and consistent licensing across member states, but others like Germany and France are taking even tougher requirements. The UK is also going its own way, with the FCA planning bespoke rules for staking, custody, and market abuse, and excluding staking from the definition of ”collective investment schemes” to permit regulated DeFi services. In Asia, Japan is imposing additional capital requirements for crypto-exposed banks, Singapore and Hong Kong are focusing on licensing, staking, and stablecoin regimes. The Middle East, mainly Dubai and Abu Dhabi, is focusing on cross-border data sharing and disclosure, and there is heavy pressure to implement FATF Travel Rule compliance. Survival in a Multi-Jurisdictional Maze For cryptocurrency exchanges, the new reality is one of rapid innovation—or becoming obsolete. Industry leaders are placing large bets on compliance tech, from robotic know-your-customer/anti-money-laundering systems to real-time transaction surveillance and reporting software. Others are hiring compliance attorneys and building cross-border compliance units to navigate the jigsaw puzzle of laws, or even considering strategic relocations to friendlier jurisdictions. Some exchanges are piloting blockchain-based reporting systems and digital sandboxes to verify compliance with new requirements for data transparency and data governance, specifically as the OECD's Crypto-Asset Reporting Framework (CARF) is implemented in over 60 jurisdictions by 2027. The global prudential standards of the Basel Committee, which become effective in 2026, will also require exchanges and banks to hold higher capital levels against exposures to crypto, once more enhancing the compliance burden. Towards (or Away from) Global Standards? Whereas the GENIUS Act and MiCA have set new heights, the global regulatory landscape remains patchwork, with geographies varying in their balance of innovation, consumer protection, and risk. The next 12–18 months will be crucial as deadlines approach and local regulators lock in rulebooks. For the industry, success will depend on agility—adapting to local environments while building foundations for a world where cross-border collaboration and harmonized standards become non-negotiable, but unavoidable. Bottom Line As Washington takes the lead, regulators abroad are crafting their own crypto rulebooks. For exchanges and investors, next year will be a test of flexibility, foresight, and the ability to thrive in a world where crypto regulation is at last becoming global.

Read more

Bitcoin Could Potentially Rally as S&P 500 Approaches New All-Time Highs, Analyst Suggests

Bitcoin may be poised for a significant rally as the S&P 500 approaches new all-time highs, echoing patterns observed during the post-COVID-19 market recovery. Analyst CryptoKaleo highlights a historical correlation

Read more

Witness Market Dynamics as Cryptocurrency Prices Shift Unexpectedly

Geopolitical tensions and tariff deadlines intensify market volatility risks. On-chain data suggests impending significant market shifts. Continue Reading: Witness Market Dynamics as Cryptocurrency Prices Shift Unexpectedly The post Witness Market Dynamics as Cryptocurrency Prices Shift Unexpectedly appeared first on COINTURK NEWS .

Read more

Abracadabra Exploit Funds Possibly Moved to Tornado Cash, Highlighting DeFi Security Challenges

The recent transfer of 3,000 ETH from the Abracadabra exploit address to Tornado Cash has reignited critical discussions on DeFi security and the challenges of tracing illicit funds. This move

Read more

Only 30% of Russian crypto miners registered, says finance ministry

Most of the crypto miners in Russia don’t comply with the regulations the country imposed on mining. Russia is taking steps to legalize and regulate crypto mining to bring it out of the informal economy. Still, most crypto miners in the country fall outside relevant regulation, authorities say. On Tuesday, June 19, the Finance Ministry revealed that just 30% of miners are registered with the relevant tax authorities. According to Deputy Finance Minister Ivan Chebeskov, registering crypto mining entities is still an ongoing process. The authorities aim to bring miners into the regulated economy, where they can be taxed and managed. “Our general approach, when we introduced regulation of mining in this industry, was to bring this industry out of the shadows as much as possible. We have not yet completed this process. So far, only 30% of all miners have entered the register maintained by the Federal Tax Service, and this process is still far from complete. Another 2/3 need to be “cleaned up” and entered into the register. Therefore, we will work to complete this process,” Chebeskov said. Still, taxation is not the only reason for registration. Starting in 2025, Russia has banned crypto mining in certain regions with weaker infrastructure, especially during peak hours. The goal is to reduce the strain on electrical grids. You might also like: Russia to impose regional controls over crypto mining starting Jan 2025 Russia moves to formalize crypto mining Russia legalized crypto mining in 2023 as part of its ongoing effort to tax and regulate the industry. In 2024, the country imposed a 15% tax on cryptocurrency mining profits, based on market value when received. However, it also lifted some taxes, including VAT on crypto purchases. For Russian citizens and businesses, Bitcoin (BTC) mining remains a profitable way to leverage the country’s cheap energy prices. At the same time, low living standards and ongoing sanctions make it a competitive way for both individuals and companies to earn income. Read more: Bitcoin miners in Russia worry about sanctions as government starts collecting wallet addresses

Read more

Brazil reacts to BYD and Chinese EV makers oversupplying auto market

BYD, China’s EV and plug-in hybrid vehicle producer, is offering relatively low-priced options for Brazilian car shoppers. Brazilian auto-industry officials and labor leaders worry that the influx of cars from BYD and other Chinese automakers will set back domestic auto production and hurt jobs. Chinese carmakers flooded the world’s sixth-biggest car market to avoid new tariffs. The world’s largest car-carrying ship, with the equivalent of 20 football fields of electric vehicles, completed its maiden journey late last month to dock in Brazil’s Itajai port in Santa Catarina. In December last year, reports suggested that Brazilian ports were jammed with over 70K unsold Chinese EVs as tariff threats loomed. Companies with global ambitions like BYD and Great Wall Motor made Brazil a “proving ground” as many other large economies turned towards protectionism. Data from Dunne Insights revealed that Chinese EVs were building dominant market shares in Brazil (82%), Thailand (77%), Indonesia (75%), and Mexico (70%). Silva says most of the world is closed to the Chinese, except Brazil Aroaldo da Silva, a Mercedes-Benz production worker and president of IndustriALL Brasil (a confederation of unions across six industrial sectors), said most major economies around the world had closed their doors to the Chinese, but Brazil did not. BYD is reportedly among several Chinese brands targeting growth in Brazil. A Reuters analysis of shipping data and company statements showed that BYD had deployed a growing fleet of cargo ships to accelerate its expansion overseas, with Brazil becoming its top target. The late-May shipment was reportedly the fourth of the Chinese carmaker’s ships to dock in Brazil this year, totaling around 22K vehicles, according to Reuters’ calculations. Brazil’s leading auto association claimed that China-built vehicle imports were expected to grow nearly 40% this year, to about 200K. That would account for roughly 8% of total light-vehicle registrations. “Countries around the world started closing their doors to the Chinese, but Brazil didn’t…China made use of that.” – Aroaldo da Silva , President of IndustriALL Brasil However, Brazilian industry and labor groups said China is taking advantage of Brazil’s temporarily low tariff barriers to ramp up its exports rather than investing to build Brazilian factories and create jobs. They are lobbying Brazil’s government to accelerate a plan to increase Brazil’s tariff on all EV imports by a year to 35% from 10%, rather than gradually phasing in higher levies. Brazil sets policies aimed at growing sales of EVs and plug-in hybrid cars 🇨🇳 China Floods Brazil with EVs — Sparks Backlash 🇧🇷⚡ — BYD ships 22,000+ EVs to Brazil in 2025, leveraging tariff loopholes and outpacing local automakers — 🇧🇷 Domestic automakers & unions warn of job losses, urge faster 35% tariff hike on imports — Brazil's 10% EV import tax… — AFV GLOBAL (@afvglobal) June 19, 2025 Brazil reportedly offers an enticing EV destination due to its large market, where established players, including Volkswagen, General Motors, and Jeep-maker Stellantis, have been building cars domestically for decades. The Brazilian government has set policies to grow electric and plug-in hybrid car sales, which is BYD’s specialty. For years, Brazilian officials have taken steps to protect the domestic market from unfettered access by Chinese car companies. However, they have been slower to react and less aggressive than officials in other nations. Local officials said in May that the Brazilian government supported BYD’s 2023 plan to purchase a former Ford plant in Bahia, viewing it as a way to create manufacturing jobs and spur the country’s green transition. However, an investigation into labor abuses on the construction site pushed back its “fully functional” production timeline to December 2026. President Lula da Silva’s left-wing Workers Party government is scrambling to protect jobs and the environment to revive Brazil’s industrial economy and restore its green credentials before hosting the COP30 global climate summit this November. However, the Director of Government Relations at GWM Brazil and President of ABVE, Ricardo Bastos, said that although the country had enough mineral resources, including lithium and other key ingredients to make EV batteries, the infrastructure to produce all the necessary components for electric cars did not exist yet. Bastos also mentioned that GWM bought a factory in Brazil in 2021 with a capacity of 50,000 cars a year, and it was due to start producing its Haval H6 SUV there this July. He added that GWM was in talks with around 100 Brazil-based suppliers on setting up contracts. Your crypto news deserves attention - KEY Difference Wire puts you on 250+ top sites

Read more