Current implied volatility levels for Bitcoin and Ethereum options suggest a relatively stable market for cryptocurrencies in the upcoming weeks, according to Deribit’s commercial director Luuk Strijers.
On June 3, there was a total of $105.1 million flowing into 11 approved Bitcoin spot ETFs.
During the period from May 25 to May 31, a total of $185 million was invested in cryptocurrency products. This brought the total for the month of May to almost $2 billion, according to calculations by CoinShares.
On June 30, 2024, the new MiCA rules for stablecoins will go into effect in the European Economic Area (EEA), and crypto exchange Binance has warned its users about the upcoming restrictions.
Major cryptocurrency exchange OKX has officially launched in the Netherlands, introducing a local trading platform and a secure Web3 wallet for users.
Since mid-May, there has been a significant increase in capital flowing into the Bitcoin ETF market, as reported by Farside.
A property with 2,738 units dedicated to crypto mining in Salto del Guairá, Paraguay, was recently confiscated by the National Electricity Administration (ANDE) after an investigation revealed unauthorized power connection in the area.
