Here are some of the latest crypto trading news and updates:
Market Updates
- Bitcoin Price: Bitcoin is currently trading around $110,000, with some analysts predicting it could reach $116,000 in July due to a "perfect storm" of macro catalysts.
- Ethereum Price: Ethereum's price has been steady, with a current price of $2,555.66 and a market cap of $295.59 billion. Some analysts believe Ethereum is resuming its recovery ¹ ².
Trending News
- Crypto Options Expiration: Over $3.6 billion in crypto options are set to expire today, which may lead to market volatility.
- Amber International's XRP Purchase: Crypto financial services firm Amber International has secured $25.5 million to buy XRP, BNB, and SUI.
- Standard Chartered's Bitcoin Forecast: Standard Chartered predicts Bitcoin's strongest half-year ever, citing growing institutional interest ³.
Regulatory Updates
- US House Committee's Crypto Week: The US House Committee has announced a Crypto Week to discuss three bills related to cryptocurrency regulation.
- Ripple's US Banking License Bid: Ripple is seeking a US banking license, which could boost its legitimacy in the crypto market ⁴.