Senin, 23 Juni 2025

Coinbase goes EU official—but BTC still on edge


Coinbase secures its MiCA license in Luxembourg as Bitcoin faces lingering downside pressure.	͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏	View in browser

Your weekly roundup of the 🔥hottest news in crypto:

Coinbase gets MiCA license, BTC downside risk remains, & More

June 15 - 21

#1

Coinbase secures MiCA license, names Luxembourg as EU headquarters

Coinbase has secured a Markets in Crypto-Assets (MiCA) license from the Luxembourg Commission de Surveillance du Secteur Financier, which enables the exchange to offer crypto products across European Union countries.

The move signals mounting competition in the European crypto market, where other exchanges have also been pursuing registrations. OKX and Crypto.com secured MiCA licenses in January, followed by Bybit in May. Gemini is also on track to obtain a license in the region, according to a Reuters report.

Coinbase has named Luxembourg as its new European headquarters, citing the country's reputation as a progressive financial center in Western Europe. Bordered by Belgium, France and Germany, the country has been gradually advancing crypto regulations since 2019.

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#2

Semler Scientific plans Bitcoin holdings of 105,000 BTC by 2027

Healthcare tech firm Semler Scientific, Inc. says it plans to boost its Bitcoin stack by nearly 28 times in the next two-and-a-half years, growing its holdings from 3,808 Bitcoin to 105,000 Bitcoin.

Semler is aiming to hold a total of 10,000 BTC by the end of this year, then 42,000 BTC by the end of 2026, before going for its final target of 105,000 BTC by 2027, the company said on Thursday.

It plans to use equity, debt financing and operational cash flow to reach its target, and has appointed a new director to lead the plan.

Semler first purchased Bitcoin in May 2024 and said it would continue to buy and hold Bitcoin for the long term.

#3

Telegram's Pavel Durov approved to leave France temporarily

Telegram founder Pavel Durov gained court approval to leave France for up to 14 days to travel to Dubai, United Arab Emirates, where the company is headquartered.

Durov will be allowed to leave France on July 10 after having a travel request denied by French officials in May, according to French news outlet Le Monde.

The executive had requested permission to travel to Oslo, Norway, to deliver a keynote address at the Human Rights Foundation's Oslo Freedom Forum, which was presented remotely after French officials rejected his travel application.

Prediction of the Week

Bitcoin downside risk lingers, upside hinges on holding above $102K

Bitcoin is still at risk of falling further, and it must hold above $102,000 to stay on track for a potential rebound, crypto analysts said.

Bitfinex analysts said in a markets report on Tuesday that if Bitcoin "can hold above the $102,000 - $103,000 region for a sustained period, it would suggest that the market is absorbing the selling pressure effectively."

The analysts said that "some downside risk still lingers" for Bitcoin amid macroeconomic volatility and military escalations between Israel and Iran, but it presents a high-stakes yet potentially rewarding opportunity for investors.

"This environment now reflects a high-risk, high-reward opportunity for upside continuation if buyer confidence returns," the analysts said.

FUD of the week

Norway's government explores crypto mining ban amid energy supply concerns

The government of Norway is considering a temporary ban on crypto mining in the country in an effort to "free up power, network capacity and area for other purposes."

In a Friday notice, the Norwegian government said it would be conducting an investigation in autumn that could result in a temporary ban on crypto mining data centers. Officials said they had the authority to enforce such a ban under Norway's Planning and Building Act, which includes provisions on allocating energy.

"It is uncertain how big a problem crypto mining will become in Norway in the future," the notice reads. "The registration requirement in the new data center regulations will provide increased knowledge about the scope of data centers that mine cryptocurrency."

FUD of the week

Politicians' memecoins, dropped court cases fuel crypto 'crime supercycle'

Memecoins promoted by political figures like Donald Trump, lax regulations, and crypto court cases abandoned by US regulators have kicked off a crypto "crime supercycle," say a pair of blockchain crime investigators.

Pseudonymous blockchain investigator ZachXBT posted to X on Thursday that crypto has historically been ripe for abuse, but that has "noticeably increased since politicians launched memecoins and numerous court cases were dropped, further enabling the behavior."

He claimed crypto influencers and key thought leaders face "zero repercussions" for scamming their followers.

"That said, there's never been a worse time to be doing black hat, phishing, social engineering, robberies, vs. gray hat activity when the current environment is favorable," ZachXBT added.