EU crypto users and industry participants are set to face a second layer of regulation by next year. That added pressure follows the bloc’s broader crypto rulebook, MiCA, which has a deadline set for 1st July, 2026. Stricter anti-money laundering measures are scheduled to take effect from July 2027.

Analysts said potential steps to address Strategy’s STRC depeg could weigh on both Bitcoin and MSTR valuations. They warned Strategy may have to sell more BTC to meet dividend-related obligations tied to STRC. The overhang could limit BTC’s near-term upside, while MSTR could face additional pressure from dilution to fund those obligations.

Sophisticated market participants continue to view $60K as a near-term floor for BTC. Options positioning shows active hedging for a potential pullback toward $62K and $60K, with heavy put volumes concentrated at those strike prices as Q2 ends.

Analysts say some altcoins can still make it through the bear market. CryptoQuant CEO Ki-Young Ju argues that “narrative-only” tokens are effectively over, while projects with real businesses and revenue may still be worth holding long term. Selling pressure across altcoins has reached a five-year extreme, even as a few outliers continue to outperform.

Ether is attempting to extend its rebound by about 20% toward $2.2K as markets await the Federal Reserve’s rate decision under new chair Kevin Warsh. On-chain data show BitMEX co-founder Arthur Hayes has increased ETH exposure over the past two days, with a Hayes-linked wallet now holding about $7.8M worth of ETH. Traders are also watching whether a widely anticipated U.S.-Iran deal supports risk sentiment and keeps the recent crypto rally intact.

EU crypto users could face service disruption ahead of MiCA’s 1 July transitional-period deadline. Researcher Alex Obchakevich said about 60% of EU users relying on unlicensed crypto platforms could be locked out. Data aggregated from ESMA show only 194 crypto firms (6.5%) were licensed as of May 2026, leaving more than 2,800 firms without a license.

Some analysts questioned UNI’s ability to deliver investor returns that rival Coinbase’s COIN, as well as Bitcoin and Ethereum. They argued the case for UNI depends on assumptions about Uniswap’s fees and whether the protocol can sustain stronger growth versus those benchmarks.

The White House said it remains confident the CLARITY Act can meet its July 4 timeline, with chief crypto adviser Patrick Witt citing progress on agriculture-related jurisdiction, ethics, and developer protection provisions. Prediction markets were less certain: Polymarket priced a 51% chance of passage by year-end and Kalshi put it at 46%, while Kalshi bettors saw 30% odds of passage before August.

Hyperliquid’s third-party HIP-3 commodities perps have grown quickly, but Blockworks Research argues the deployer economics are now showing strain. Felix said it will shut down on 20 June after being outcompeted by TradeXYZ, while Blockworks estimates smaller deployers may need about 4 years on average to recoup $30K-per-ticker auction costs.