Updated Trading News

European Union AI Act passes in parliament
European Union AI Act passes in parliament

Member states will have the opportunity to negotiate final details before the act becomes law.

Binance applies to deregister in Cyprus, says focus is on ‘larger markets’
Binance applies to deregister in Cyprus, says focus is on ‘larger markets’

The Cyprus SEC lists the exchange as “Under examination for application for deregistration” on the island.

XRP Tumbles 8%, Erasing Price Gains from ‘Hinman Emails’ in Ripple Lawsuit
XRP Tumbles 8%, Erasing Price Gains from ‘Hinman Emails’ in Ripple Lawsuit

The token fell to as low as 46.18 cents, its lowest level this month, as crypto markets sold off Wednesday afternoon.

Apple Rejects Bitcoin Wallet Zeus a Day After Threatening to Delist Damus
Apple Rejects Bitcoin Wallet Zeus a Day After Threatening to Delist Damus

The tech giant cited transmission of a virtual currency without necessary licenses and permissions as the primary reason for the app’s rejection, according to Zeus’ founder.

Bitcoin Sinks Below 25K, Altcoins Tumble, as Investors Shrug Off Fed Rate Hike Pause
Bitcoin Sinks Below 25K, Altcoins Tumble, as Investors Shrug Off Fed Rate Hike Pause

Ether tumbled below $1.7K just two hours after the U.S. central bank met widespread expectations by ending its more than year-long diet of interest rate increases.

Crypto Prime Broker FPG Loses Up to $20M in Cyber Attack
Crypto Prime Broker FPG Loses Up to $20M in Cyber Attack

FPG told customers via email that it had ceased trading, deposits and withdrawals after experiencing a cyber security incident on Sunday, June 11.

MakerDAO Weighs Ditching $390M of Gemini Dollars from DAI Reserve
MakerDAO Weighs Ditching $390M of Gemini Dollars from DAI Reserve

The result could have a significant impact on Gemini and its stablecoin as MakerDAO’s reserve holds roughly 88% of total GUSD supply.

Binance Seeks to Withdraw Cyprus' Unit Crypto Service Registration
Binance Seeks to Withdraw Cyprus' Unit Crypto Service Registration

Binance won registration as a crypto asset service provider (CASP) in Cyprus in October last year.

Australia's Crypto Industry Body Denounces Recent Banking Restrictions
Australia's Crypto Industry Body Denounces Recent Banking Restrictions

Blockchain Australia said it wants to tackle the issue "head-on by using real data," after reports that banks in the country were blocking payments to crypto exchanges.

Fed Preview: Bitcoin Market Skews Bearish as Analysts Anticipate 'Hawkish Rate-Hike Pause'
Fed Preview: Bitcoin Market Skews Bearish as Analysts Anticipate 'Hawkish Rate-Hike Pause'

Options market shows a bias for puts, or bearish bets, tied to bitcoin ahead of the pivotal Fed meeting.

Crypto Industry Destined to Be Bitcoin Focused After SEC Actions: MicroStrategy Founder Michael Saylor
Crypto Industry Destined to Be Bitcoin Focused After SEC Actions: MicroStrategy Founder Michael Saylor

Bitcoin maximalist Michael Saylor has said recent enforcement actions by U.S. regulators have made it clear that the crypto industry is destined to be rationalised down to a bitcoin (BTC)-focused industry.

Bankrupt Crypto Exchange Bittrex U.S. Set to Allow Withdrawals Starting Thursday
Bankrupt Crypto Exchange Bittrex U.S. Set to Allow Withdrawals Starting Thursday

The move follows a Tuesday ruling from a Delaware court.

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