1. Market TrendBetween June 5 and June 7, the BTC price fluctuated between $25,351 and $27,455, with a volatility of 8.29%. According to the 1-hour candle chart, since the early morning of June 5, BTC price has been traded sideways at around $27,000. At 06:00 am on June 5, there was a surge in tradi

Circle Internet Singapore, an affiliate of stablecoin issuer Circle, has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license allows Circle to provide digital payment token services and domestic and cross-border money transfer services. By c

On June 7, during a Twitter Space organized by Coinbase, Ryan Selkis praised the recently enacted crypto law for providing start-up businesses with a transparent path to compliance.Source: www.ft.comRyan Selkis, CEO of Messari, complimented a recently put-out Republican crypto bill, saying it is a 1

Exploring Russia's Measures to Safeguard Against Dollar Attacks and Promote Alternative Settlements: Insights from the Russian Finance MinisterRussian Finance Minister Anton Siluanov addressed the purported economic assault on Russia through the U.S. dollar, highlighting strategies implemented to su

Bermuda-based startup Meanwhile has successfully raised $19 million in two seed funding rounds, focusing on providing bitcoin life insurance policies driven by artificial intelligence (AI). The company envisions offering insurance policies denominated in bitcoin (BTC), and interested individuals can

The update is one of several changes made to the OP Stack to expand its flexibility and provide developers the ability to create their own networks using the program.Source: u.todayAccording to a statement from network creator OP Labs, the Bedrock update for the Optimism network has been successfull

TD Economist: Chinese Yuan, Euro, and Digital Currencies Pose Challenges to US Dollar DominanceA TD economist cautions that the Chinese yuan, euro, and digital currencies are challenging the global supremacy of the US dollar. As numerous nations express discontent with the dollar's dominance, they a

Tether, a stablecoin issuer, has agreed to participate in El Salvador's ambitions to develop a $1 billion renewable energy precinct as a first-round investor.Source: blockworks.coTether, a stablecoin issuer, has announced its collaboration with El Salvador, a country that has embraced Bitcoins, in a

In a letter addressed to Treasury Secretary Janet Yellen and IRS Commissioner Daniel Werfel, Brad Sherman and Stephen Lynch, two members of the United States Congress, have raised concerns about tax compliance practices within the cryptocurrency industry. The letter emphasizes the urgent need for ta

Tether Expands Support for Green Bitcoin Mining, Invests in Volcano Energy in El SalvadorTether invests in Volcano Energy, a Bitcoin mining operation in El Salvador, following its plans for a sustainable mining facility in Uruguay. Expanding investments in green Bitcoin mining, Tether supports eco-f