🚨 Today’s Must-Know Crypto Brief — Curated Just for You 💼📊
From market-moving headlines to security alerts and trading setups, here’s your essential crypto rundown for the day. Let’s dive in.
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🗞️ Top Headlines Making Waves
1. Norway Plans Ban on Power-Hungry Crypto Mining
Starting autumn 2025, Norway aims to pause high-energy crypto mining to preserve power resources and reevaluate its economic impact. This signals a growing global focus on sustainability within the mining industry.
2. U.S. GENIUS Act Nears Final Approval
The GENIUS Act—centered on stablecoin oversight—is nearing a decisive vote in the House. With bipartisan Senate support and Trump’s endorsement for a "clean" version, the bill could reshape the U.S. stablecoin framework.
3. Coinbase Secures EU-Wide MiCA Compliance
Coinbase just earned a MiCA license through Luxembourg’s financial regulator, allowing operations across all 27 EU countries. With Luxembourg now its European base, Coinbase becomes one of the first major U.S. platforms to fully comply with MiCA rules.
4. BlackRock Deepens Bitcoin Holdings
The iShares Bitcoin Trust (IBIT) now holds over 682,500 BTC, accounting for 3.25% of circulating supply—valued at nearly $69.7B. With over 54.7% of the U.S. spot BTC ETF market, BlackRock’s conviction continues to drive institutional adoption.
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📊 Market Snapshot & Technical Outlook
Bitcoin (BTC):
Trading near $104.5K, BTC remains inside a symmetrical triangle formation. Key levels to watch: support at $103.4K, resistance at $105.6K. Volatility is compressing—brace for a breakout.
Ethereum (ETH):
ETH is range-bound around $2,528. Resistance lies at $2,580–$2,600. With options expiring June 21, expect potential price movement soon.
