Bitcoin slipped under $59,000, falling below that level for the first time since September 2025. The cryptocurrency was trading around $58,900 after a 3.7% drop over the past 24 hours.

Patrick Witt says Bitcoin “stands alone” in U.S. policy. He adds that any new government Bitcoin acquisition must currently be budget-neutral.

Ether is trading around $1,664, with the downtrend still in control and the June 5 low near $1,575 emerging as the next key test. Even as the price weakens, active-address readings have surged, diverging from the pattern seen in the 2023 bear market. Separately, the Ethereum Foundation is cutting its 2026 budget by roughly 40% as it shifts toward a longer-horizon spending model.

Ripple has secured preliminary approval for a MiCA Crypto Asset Service Provider (CASP) license from Luxembourg’s financial regulator, the CSSF. Once finalized, the license can be passported across all 30 EEA countries. The company said the preliminary approval is a “Green Light Letter” and is not yet full authorization.

Binance founder Changpeng Zhao described the current Bitcoin downturn as a typical four-year cycle, arguing that each cycle establishes a higher floor. He framed the pullback as relatively mild compared with prior drawdowns. Zhao said the key point is that the cycle’s floor keeps rising.

Coinbase began trading in ANTHROPIC-PERP and OPENAI-PERP pre-IPO perpetual futures on June 22. The USDC-settled contracts track each company’s private valuation rather than shares and do not confer equity, voting rights, or dividends. They are available only to eligible non‑US users, with US persons barred from trading them.

On June 17, 2026, the SEC began moving toward rules that would let crypto-native exchanges list and trade blockchain tokens linked to U.S. stocks without requiring a full broker-dealer license. The plan would also allow third-party tokenization without issuer consent, even though many products offer price exposure only rather than voting rights or dividends. Critics cited risks ranging from price discrepancies across venues to custodian concentration if a few firms hold the underlying shares.

JTO rose 26% over seven days, supported by a Bitget staking campaign and growing expectations for the JTX platform ahead of its July 2026 launch. The move reflects both a short-term supply lockup and investor attention on how JTX could change the token’s economics. The article was published by Coindoo.

HBAR is trading near $0.083. The token remains below the $0.095 resistance level. It is also trading under all three major moving averages.