Litecoin Starts June Strong as Investors Eye August Halving, Uptick in Activity

LTC has outperformed both bitcoin and ether over the last 30 days.Source

Bitcoin Miner CleanSpark Buys 12,500 Bitmain Machines for $40.5M

CleanSpark has been buying up assets during the bear market to reach its 2023-end of 16 EH/s, but discounts are getting smaller.Source

First Mover Americas: Bitcoin Begins June Dropping Back Below $27K

The latest price moves in bitcoin (BTC) and crypto markets in context for June 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Treat Crypto as Securities by Default, European Parliament Study Says

Landmark new crypto laws under MiCA may have few short-term benefits without further steps, the report commissioned by EU lawmakers saysSource

Bankruptcy Claims Exchange OPNX Issues New Governance Token, FLEX Rises 16%

Bankruptcy claims exchange OPNX has issued a new governance token that is designed to reduce trading fees on the platform.Source

Crypto.com Receives Digital Token License in Singapore

The exchange received in-principle approval in Singapore last June.Source

Crypto Exchange Kraken’s Canada Customer Deposits Rose 25% After Binance Announced Departure

Kraken also saw a fivefold increase in app downloads within a week of OKX saying it was leaving the country back in March.Source

Olive-Oil Producer Issues First Euro-Stablecoin-Denominated Bond on Obligate’s DeFi Platform

The debt sale was the first of its kind for the French sustainable agriculture business.Source

First Mover Asia: Bitcoin Settles Above $27.1K After Early Wednesday Dip as Rate Hike, Inflation Worries Heighten

ALSO: Large bitcoin holders reduced their holdings and sent assets to exchanges in the days leading up to the debt deal. What’s next?Source

First Digital Unveils USD Stablecoin as Hong Kong Crypto Rules Kick In

The stablecoin is issued by a registered trust owned by First Digital.Source