Crypto News Roundup: Bitcoin, XRP, and Global Regulation Updates

Bitcoin is holding steady near $105,000 after a wild ride that saw prices hit $112,000 before pulling back.

Analysts warn the market looks overheated, with some predicting a possible dip to $97,000 if key support fails.

Meanwhile, Vice President JD Vance delivered big news for crypto fans, promising pro-Bitcoin policies and a new Strategic

Bitcoin Reserve.

But not all news is bullish—Elon Musk’s new XChat app, claiming 'Bitcoin-style encryption,' failed to impress experts or

move the market.

As one analyst put it, 'Bitcoin primarily uses signatures, not encryption.' XRP is back in the spotlight as

Coinbase launches 24/7 XRP futures trading and Ault Capital Group prepares a $10 million XRP-backed lending platform for

public companies.

Analysts say XRP could surge 50% in June if technical patterns hold and an ETF gets approved.

However, the ongoing Ripple vs.

SEC lawsuit still casts a shadow, with the next big decision expected by June 17.

As one executive put it, 'With the host of enterprise features offered by XRP and the XRP Ledger,

institutional borrowers and lenders now have access to integrated hedging and risk management tools.' Singapore’s central bank has

set a June 30 deadline for local crypto firms to stop serving overseas clients or face fines up

to $200,000.

In South Korea, both major presidential candidates are pro-crypto, promising to expand access and legalize crypto ETFs.

Meanwhile, the Kurdistan Regional Government is cracking down, forming a committee to shut down crypto and forex firms

after a $15 million fraud case.

These moves show how regulation is rapidly evolving worldwide.

The FX and crypto industry is buzzing with new hires and launches.

NAGA Group overhauled its C-suite, Dubai’s ANAX Capital opened for business, and the UAE introduced the region’s first

'Finfluencer' license to regulate financial content creators.

Meanwhile, Crypto.com hired a top executive from IG Group, and Exness launched a new global campaign.

These changes reflect the fast-paced evolution of the trading world.

That’s your crypto news roundup!

From price action and regulation to new products and industry moves, the crypto world never sleeps.

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