EU MiCA transition ends July 1, 2026; about 75% of crypto platforms could be forced to shut
CryptoNews.com, June 15: The EU's MiCA regulation transition period will end on July 1, 2026, and roughly 75% of crypto platforms may face closure. Bitcoin spot ETFs recorded a fifth straight week of net outflows, bringing the five-week total to $316 million. In June alone, Bitcoin ETFs saw $2.1 billion in outflows, with IBIT's redemptions accelerating. Emirates NBD has opened crypto access to its 10 million customers, enabling purchases of Bitcoin and other digital assets. Aztec Connect was exploited for $2.19 million, with the attacker withdrawing multiple assets. Ember Monitoring reported that the wallet tied to the Venus liquidation incident sold 1,912 ETH to repay part of its loan. Binance founder CZ said he uses only crypto for daily spending and keeps virtually no fiat. On-chain address 0x082e...ca88 showed HYPE up 6% in morning trading; the largest long-position holder has realized $34 million in profit. The BTC OG Insider Whale's unrealized losses on BTC long positions have narrowed to $12.96 million. Abraxas Capital's main address cut its HYPE short position by 10,007.18 tokens.