🇺🇸 1. BTC Conference in Las Vegas: technology meets politics.
At the Bitcoin Conference event in Las Vegas on June 7th, several American politicians, including advisors of Donald Trump and GOP figures, took a leading role in the “Code & Country” sessions.
• Coinbase announces financial support for the America250 initiative, including a parade for Trump's birthday.
• The traditional Bitcoin community reacts strongly due to fears of politicizing the movement: “The foundation of Bitcoin is being betrayed.”
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🇮🇳 2. India continues to “hold its breath” with digital currency.
The Reserve Bank of India (RBI) maintains a tough stance on crypto, not immediately easing restrictions despite a recent Supreme Court ruling in favor of digital currency.
• RBI Governor points out risks to financial stability and inflation, asserting “there are no policy changes”.
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🇬🇧 3. UK prepares to allow crypto ETNs into the hands of the public.
The FCA agency in the UK is expected to lift the ban on ETNs (debt securities linked to cryptocurrency assets) for retail investors.
• The goal is to balance investment freedom and risk management — but still apply advertising regulations and warn users about the possibility of losing all capital.
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🇺🇸 4. Gemini files for confidential IPO, marking a “confirmation” of the crypto sector.
Gemini exchange, run by the Winklevoss twins, submitted a confidential IPO filing to the SEC on June 6th.
• This move comes in the context of a recovering crypto market, with bitcoin surpassing the 100k USD mark, and Trump declaring he will make America the “crypto capital of the world”.
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📉 5. Bitcoin price holds above 100k USD, altcoins showing signs of recovery.
• Bitcoin continues to fluctuate above the 100,000 USD mark thanks to ETF capital flows and positive macroeconomic factors.
• Ethereum is still regarded as an important Layer-1 with a rising staking trend.
• Some altcoins like Solana and XRP are showing positive technical signs and could surge this summer.
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🔧 6. $BLUM airdrop snapshot confirmed for June 7th.
• The Blum platform has announced a snapshot on June 7th at 00:00 UTC to determine eligibility for the $BLUM token.
• Listing expected in the second half of June, from June 24–28, 2025.