Latest Crypto News & Market Updates

Solana price rebounds on Morgan Stanley ETF update as $75 test looms

Solana price has surged nearly 9% over the past three days after Morgan Stanley updated its spot ETF filing, putting the token back within striking distance of the $75 resistance zone.　　According to data from crypto.news, Solana ($SOL) price climbed from around $68 on June 19 to an intraday high of $74.98 on June 22 before consolidating near $73.7 at the time of writing.　　$SOL‘s rally followed Morgan Stanley’s amended S-1 filing for its proposed spot Solana ETF, which introduced a 0.14% sponsor fee and identified Figment and Coinbase Canada as staking providers. Such an update strengthened expectations that institutional investors could gain regulated exposure to $SOL while also participating in staking rewards.　　The ETF development arrived after a sharp four-day correction that dragged Solana from a local high of $75.6 on June 15 to a low near $68. A stronger U.S. dollar, reduced risk appetite across crypto markets, and slower memecoin-related activity on Solana had pressured the token during that period.　　The selloff, however, left derivatives markets heavily skewed toward short positions, creating conditions for a rapid reversal once buying pressure returned.　　Futures traders amplified the move as $SOL reclaimed several short-term resistance levels between $70 and $73.　　Rising open interest during the advance suggests

06-23Exchange

What does the UKs PM-in-waiting Andy Burnham think about crypto？

UK Prime Minister Sir Kier Starmer has today announced that hes to step down as leader of the Labour party, triggering a leadership contest that will likely result in the former Mayor of Greater Manchester and member of Parliament for Makerfield Andy Burnham being handed the keys to 10 Downing Street.　　Burnhman won a key member of Parliament local election last week in the Makerfield constituency, a victory perceived to be an indicator of public appetite for Burnhams role as Labour leader.　　But what does Burnham know about crypto？　　Burnham attended a crypto event in Manchester in 2024 that was hosted by local crypto group Manchester Blockchain Alliance and Coinbase-backed crypto lobbying firm Stand With Crypto.　　In a nine-minute speech, he spoke about the importance of expanding the digital sector in the city, the benefits of cryptos tendency to “disrupt,” and how young people need to be able to see the job opportunities crypto can provide.　　Andy Burnham talking about crypto and opportunities the web3 sector can provide for Manchester.　　He said that Manchester could become a “web3 powerhouse,” and that when it comes to marrying economic progress with social progress, “web3 could be the democratisation of it all.”　　Despite noting that his understanding of crypto is

06-23Exchange

EUR trading accounts for 1% of Binance spot volume, CryptoQuant says

Euro-denominated trading accounts for only a small share of Binances activity, as the exchange faces uncertainty over its European licensing prospects under the Markets in Crypto-Assets Regulation (MiCA).　　Euro (EUR) trading accounts for around 1% of Binances spot volume, CryptoQuant analyst Maartunn told Cointelegraph.　　“Binances inflows remain globally distributed, which may limit the impact of potential MiCA-related setbacks,” Maartunn said, pointing to the exchanges diversified user base across regions.　　Source: CryptoQuant　　The data comes as Greek regulators are reportedly preparing to reject Binance‘s licensing application ahead of MiCA’s transitional deadline on July 1, a move that could complicate the exchanges ability to serve EU residents.　　Binance ranks among Europes biggest crypto exchanges　　Even though EUR trading represents only about 1% of Binances global spot volume, the exchange still processes hundreds of millions of dollars in euro-denominated trades.　　According to CryptoQuant data, Binances daily EUR-pair volumes have ranged from roughly $100 million to $250 million in 2026, with occasional spikes above $600 million.　　Source: CryptoQuant　　According to a December 2024 report by Kaiko, Binance, alongside Bitvavo, Kraken and Coinbase, accounted for more than 85% of all euro-denominated crypto trading volume.　　Unlike Binance, Bitvavo, Kraken and Coinbase are among the major exchanges that have already secured MiCA authorization, allowing them to offer

06-23Exchange

The Price of an Altcoin Backed by Billion-Dollar Companies, Including Coinbase, Has Dropped to Nearly Zero

Goldfinch, a cryptocurrency lending project, faced a serious crisis due to increasing defaults and restructurings in its loan program targeting Africa and emerging markets.　　The project, backed by prominent investors such as a16z and Coinbase Ventures, was once cited as one of the most notable examples of how decentralized finance could increase financial inclusion in developing countries.　　However, recent developments have raised questions about the sustainability of this model. According to sources close to the project and some depositors, two of the approximately eight borrowers in Goldfinchs loan portfolio have defaulted, and the remaining six have entered a restructuring process. Accumulated losses and impairment provisions are said to exceed tens of millions of dollars.　　Goldfinch‘s native token, GFI, also experienced a sharp decline in value during this period. The token’s price fell by approximately 99.8% from its peak, while its market capitalization dropped from a peak of around $390 million to below $6 million.　　The chart shows the decline in the price of the GFI altcoin.　　Launched in 2021, Goldfinch aimed to provide decentralized lending to financial and consumer credit companies, particularly in Africa and other emerging markets. The project attracted attention in its initial phase by reaching a loan volume of over $100 million.　　Related

06-23Exchange

Ethereum Foundation talent exodus sparks fresh debate over leadership

The Ethereum community is once again debating the future of the Ethereum Foundation (EF) after co-executive director Hsiao-Wei Wang announced she would step down from her leadership role, the latest in a growing list of departures that have intensified scrutiny of the organizations management and direction.　　Wang, a longtime Ethereum researcher and one of two co-executive directors appointed earlier last year as part of a leadership restructuring, said she would return to a more research-focused role. Her departure comes during a period of significant change at the Switzerland-based nonprofit that helps coordinate Ethereums research, development and ecosystem initiatives.　　At least eight other senior members have left the Foundation in the past five months, prompting renewed debate about internal governance, organizational culture and whether the EF remains equipped to guide Ethereum through an increasingly competitive blockchain landscape.　　The departures also come as the foundation has unveiled a new strategic framework known as “CROPS,” an acronym standing for cypherpunk values, resilience, open-source development, permissionlessness and security. Foundation leaders presented the framework as a way to clarify the EFs mission and reinforce Ethereums core values as the ecosystem becomes increasingly decentralized. Supporters viewed it as a reaffirmation of Ethereums founding principles, while critics argued it did

06-23Exchange

Rising leverage, weak demand: Is crypto setting up for a liquidation event？

Speculative interest is building across the market.　　The timing has once again brought attention to whether the crypto market could be heading into another major liquidation cascade in Q3. On the macro side, continued volatility around a potential U.S.-Iran peace deal is keeping investors on edge, with early bearish signals already starting to emerge.　　According to Lookonchain data, a newly created wallet, 0x2558, deposited 4.24 million USDC into Hyperliquid and opened a 10x long position on oil, with a liquidation level around $71. From a technical perspective, oil has been consolidating around $80 for more than 72 hours. However, zooming out, prices have remained in a clear downtrend since May. That leaves the position exposed to liquidation risk.　　Source: TradingView (BRENT OIL/USD)　　As mentioned above, the timing of this trade is what makes it interesting.　　With oil still consolidating and macro uncertainty remaining elevated, it seems premature to dismiss this positioning as random. Instead, it could reflect a strategic bet on rising oil prices amid ongoing geopolitical risks.　　Such a move would be notable, as strength in oil has repeatedly acted as a headwind for crypto liquidity throughout Q2, drawing capital toward energy-linked trades and away from risk assets.　　At the same time, speculative capital isn‘t just

06-22Exchange

Bitget Adds Real US Stock Ownership to Crypto Accounts With Stock+ Launch

Bitget has launched Stock+, a feature that lets users buy shares in US-listed companies using $USDC and other digital assets, the cryptocurrency exchange said today (Monday).　　The product routes orders through regulated US brokers and gives holders direct ownership of the underlying shares rather than synthetic or derivative exposure, according to the company.　　The launch sits inside Bitgets Stocks 2.0 ecosystem and extends a push to let customers move between crypto and equities inside one account.　　It arrives during a broader scramble among trading venues to fold tokenized and traditional stock trading into crypto platforms.　　How Stock+ Works　　Users fund their accounts with digital assets, convert them into $USDC, and buy listed shares from there, the company said. Trades are executed through brokers including RQD Clearing and Atomic Vaults Securities, with holders eligible for cash dividends and stock split adjustments.　　Trading hours follow US pre-market, regular, and after-hours sessions. Bitget said Stock+ also supports inbound transfers from participating brokers, letting users consolidate existing US equity holdings on the platform.　　Gracy Chen, CEO, Bitget, Source: LinkedIn　　“Access is important, but ownership matters too,” CEO Gracy Chen said in a statement.　　Promotional launch fees start from 0.1%, with a 50% discount running through Aug. 31, the company said. The discount is

06-22Exchange

This Weeks Top 10 Crypto Gainers: AERO, JTO, JUP, WLD, and Others Lead Capital Inflows

Today, crypto market analyst CoinMarketCap highlighted top cryptocurrencies that experienced the highest price gains in the last seven days. The third week of June 2026 brought new waves of capital rotations into some digital assets driven by unique qualities and development around their respective projects, as per the data from the analyst.　　Bitcoin and Ethereum ended the week from June 14 to June 20 with a continued lack of strength, as most crypto markets struggle to find direction amid cautious investor sentiment, partly due to inflation concerns announced by the Federal Reserve last week on Wednesday, June 17. Despite the report, some crypto assets continue attracting buyers, as proven by their performance leading the wider market, as identified by the analyst.　　Top Crypto Gainers This WeekAerodrome Finance ($AERO)　　The CMC data identified Aerodrome Finance ($AERO) as the crypto asset that led price growth over the week, indicating significant user enthusiasm on its DEX and liquidity hub built on Coinbase‘s Base network. As per the data, $AERO surged by 48.77% in the last seven days, collectively attributed to rising DEX dominance, increasing whale accumulation, and rejuvenated user confidence driven by its network’s upcoming Predictive Allocation upgrade.　　Jito ($JTO)　　Jito ($JTO) emerged as the crypto with the

06-22Exchange

Bitcoin Faces Institutional Demand Shortfall as Coinbase-Binance Gap Flashes Warning

Institutional Buyers Stay on the Sidelines as Negative Coinbase Premium Deepens Concern　　Bitcoin continues to show signs of weak institutional participation, with one key market indicator now flashing a warning that has persisted for a record length of time.　　The Coinbase Premium Index, which measures the price difference between bitcoin on Coinbase Advanced and Binance, has remained predominantly negative in recent weeks. More notably, on-chain analyst Alex Bayarchyk explained on June 21 that the metric has recorded 44 consecutive days in negative territory, marking its longest streak on record.　　The analyst wrote on X:　　“The Coinbase Bitcoin Premium has been negative for a record 44 consecutive days – the longest streak ever.”　　“This means BTC is trading cheaper in the U.S. than on global exchanges, signaling weak institutional demand and capital outflows from the U.S. market. Historically, prolonged negative premiums have preceded periods of weaker price action,” he noted.　　The Coinbase Premium Index is a common measure of institutional demand. Coinbase is often linked to U.S. institutions and professional investors, while Binance has a larger retail presence. When bitcoin trades at a discount on Coinbase versus Binance, it signals weaker institutional demand relative to retail buyers.　　The length of the current streak has drawn attention among market

06-22Exchange

Crypto perps US future will now be defined by what regulators decide to call them

The next fight over crypto perpetual futures regulation is moving into a place built for lawyers, incumbents, startups, and public-interest groups: the agency comment file.　　The Commodity Futures Trading Commission and Securities and Exchange Commission opened that process June 18, seeking public comment on how to further define swaps, security-based swaps, mixed swaps, novel products, event contracts, and possible alternative compliance approaches.　　That makes SEC-CFTC product definitions a market-structure issue that extends beyond a single listing.　　The joint request for comment turns the fight over crypto perpetuals and prediction-market products into a formal venue before the next wave of approvals reaches the same point.　　The stakes are practical: the current derivatives argument reaches beyond whether one exchange wins one approval. The product label can shape how a contract launches, who can list it, which rulebook governs the trade, what reporting or oversight expectations apply, and whether a crypto-native venue can seek an alternative compliance path rather than fitting a model designed for a different market.　　The public comment period will remain open for 60 days after the request is published in the Federal Register, according to the agencies.　　Until then, the most important near-term signal may come from the first set of comment letters from exchanges,

06-22Exchange

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