Here is a summary of the latest crypto news today (June 9, 2025):
1. 🇬🇧 UK FCA opens access to Crypto ETNs for retail investors
The FCA authority plans to lift the ban that has been in place since 2019, allowing retail investors to purchase Exchange-Traded Notes (ETNs) related to crypto assets. However, these products are still considered high-risk and are under public consultation until July.
2. 🇺🇸 SEC holds DeFi & crypto roundtable today (June 9)
SEC Chairman Paul Atkins leads the event “DeFi and the American Sprint” from 1:00 PM–5:00 PM ET. The discussion focuses on DeFi regulation, investor protection, and updates on the crypto legal framework.
3. 📌 Roundtable could influence Ripple (XRP) case
The roundtable agenda will also cover developments in the SEC vs Ripple case, including opinions from members like Caroline Crenshaw—the outcome could have a significant impact on XRP.
4. 🔍 Kobeissi Letter June 9 edition: crypto-stock correlation & US inflation
This week's weekly analysis emphasizes the relationship between inflationary pressures, stock market volatility, and the movements of Bitcoin & Ethereum. The report describes sentiment that remains sensitive to US macro data.
5. ⚠️ XRP records “death cross,” but the market is not panicking
Despite bearish technical signals emerging, the market's response remains calm, indicating that investors may be waiting for the next catalyst.
6. 🔁 dYdX halts support for Ethereum bridge
The dYdX protocol officially severs ties with the Ethereum bridge starting June 9, requiring the migration of over 52 million ethDYDX tokens to the native chain before this deadline.
7. 🚀 Solaxy presale (Solana meme-coin) raises US$45 million
This Solana-based meme token has raised a substantial amount in presale funds. Signals of hype could indicate entering a “full risk/full opportunity” level.
8. 🇮🇳 India plans crypto regulation discussion this month
The Indian government is expected to release a discussion paper on crypto asset regulation in June, as part of a phased regulatory strategy.
