Bitcoin Bounces to $67K with BTC Miners Rallying 5%-10%; XRP Leads Altcoins

As bitcoin’s volatility is nearing historically low levels, the crypto market is in need of news or catalysts to bring traders to action, one market participant noted.Source

Telecom Giant and T-Mobile Parent Deutsche Telekom Plans to Mine Bitcoin

The company revealed that its also running Bitcoin and Lightning network nodes.Source

Crypto Trading Firm Cumberland Acquires New York’s BitLicense

The firm said it’s one of the only principal trading firms to hold the state’s crypto license.Source

Australian Securities Exchange Gives Its First Approval of a Spot Bitcoin Listing to VanEck

The Australian Securities Exchange (ASX), which accounts for 90% of Australia’s equity market, has approved its first spot-bitcoin {BTC} exchange-traded fund (ETF), according to a blog from the issuer VanEck.Source

Financial Stability Board to Extend Its Work on Stablecoin Risks in Emerging and Developing Economies

The Financial Stability Board (FSB) said it will undertake further work to consider the challenges associated with risks of global stablecoin arrangements in emerging and developing economies.Source

Protocol Village: Polkadot Community Approves ‘Jam’ Architecture, $65M Development Fund

The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 13-19.Source

South Africa Re-Elects Cyril Ramaphosa of the ANC as President

South African president Cyril Ramaphosa of the African National Congress (ANC) party was re-elected on Friday, and will lead the country’s first multi-party coalition government.Source

Two Men Charged With Running Darknet Marketplace Empire Market

Federal prosecutors in Illinois have charged two men with owning and operating Empire Market, a darknet marketplace, according to court documents filed Friday.Source

Mass Adoption Would Ruin Crypto. Keep It a Niche

There is an unavoidable tension between the aims of decentralization and onboarding everyday users.Source

Bitcoin Plunges to $65K, Altcoins Bleed 10%-20% as Week Turns Ugly

BTC plummeted more than 2% in an hour to $65,200 during the U.S. trading session from around the $67,000 area. The leading crypto was down 7.5% over the past seven daysSource