The chair of the Spanish National Securities Market Commission reportedly said that there would be no extensions or waivers for crypto companies that did not receive approval to operate in European Union member states under the Markets in Crypto-Assets (MiCA) framework by July 1. 

According to a Friday Reuters report, Chair Carlos San Basilio said that “there will be no exceptions ​or extensions” to the July 1 MiCA deadline, referring to Binance and other cryptocurrency exchanges affected by the framework. Binance’s operations in the EU are expected to scale back after it withdrew its application with Greece’s Hellenic Capital Market Commission and had not received approval from any other authority as of Friday.

“What we are concerned about, however, is how this period — the end of the transitional period — will unfold, and how the adaptation to the new environment will take place; that is why ​we are in ​contact with the ⁠organisations that have not been granted a licence,” said Basilio, according to Reuters.

Should Binance fail to secure approval from a financial regulator in the next few days, the exchange will be required to halt the onboarding of new EU-based users and limit certain services for EU-based accounts starting on July 1. Other crypto exchanges have secured last-minute approvals under MiCA, but Binance, with millions of users in the EU, could have a far greater impact on the region’s crypto market.

Related: Binance’s MiCA fight raises questions over ECB influence

“This is Binance’s philosophy of doing business,” said OKX founder and CEO Mingxing Xu in response to former Binance CEO Changpeng “CZ” Zhao’s comments on the exchange’s EU deadline. “They ignore laws and regulations, while misleading the public with bullshits. According to public media reports and court filings, the platform’s so-called ‘best liquidity’ included trading activity associated with risks involving money laundering, sanctions violations, and market manipulation.”

Cointelegraph reached out to a Binance spokesperson, who referred to the company’s Wednesday statement.

Binance users looking to other exchanges?

With the crypto exchange expected to wind down some operations for EU-based users, some are reporting leaving Binance entirely without a definitive timeline on its return.

Some Reddit users said that they were considering Kraken for their funds. Payward, doing business as Kraken, has a Crypto Asset Service Provider license through the Central Bank of Ireland.

Magazine: AI is banking the unbanked in Africa… faster than crypto

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Key Highlights

• SMX shares declined 5.18% amid heightened recycling compliance demands.

• Emerging state environmental regulations drive producers toward authenticated data systems.

• SMX platform connects molecular markers with encrypted digital documentation.

• Material authentication could facilitate regulatory reporting, audits, and sourcing decisions.

• Tightening environmental standards may increase need for authenticated recycled-content documentation.

Shares of SMX (SMX) declined 5.18% to $14.45 amid growing focus on the company’s material verification platform as environmental regulations tighten. The stock retreated after briefly climbing above $15.20 during early trading, eventually settling near mid-morning levels. Concurrently, expanding state-level environmental mandates are driving increased demand for authenticated data throughout recycling and packaging ecosystems.

SMX (Security Matters) Public Limited Company, SMX

Environmental Regulations Intensify Compliance Requirements

California’s SB 54 mandates that manufacturers participate in packaging recovery initiatives and extended producer responsibility frameworks. Additional states have enacted recycled-content mandates and disclosure obligations covering packaging materials, containers, carrier bags, and similar items. Businesses now face requirements to substantiate material sourcing, recycled composition, processing methods, and end-of-life disposition.

New Jersey has implemented recycled-content mandates spanning multiple plastic, glass, and paper product segments. Maine, Oregon, Colorado, Minnesota, Maryland and Washington have similarly enacted packaging stewardship legislation. Collectively, these initiatives transfer greater recycling expenses and documentation responsibilities onto manufacturers.

This regulatory evolution presents operational hurdles for manufacturers, recycling facilities, consumer brands, and waste management entities. Organizations must substantiate every recycled-content assertion with documentation suitable for regulatory and third-party examination. Consequently, inadequate chain-of-custody frameworks may generate compliance vulnerabilities and brand integrity concerns.

SMX Focuses on Material-Embedded Authentication

SMX embeds an imperceptible molecular identifier within materials and links it to encrypted digital documentation. This framework can maintain information regarding provenance, chemical makeup, custody transfers, and processing history across a material’s entire journey. Consequently, organizations can monitor physical substances alongside their corresponding compliance documentation.

Recycling ecosystems typically encompass multiple intermediaries, processing facilities, and regulatory territories before materials re-enter commercial markets. Throughout this journey, documentation can become dispersed, contradictory, or challenging to authenticate. SMX seeks to address these vulnerabilities by anchoring data directly within the physical material.

The company’s solution could accommodate plastics, fabrics, and additional materials requiring authenticated recycled-content verification. Manufacturers might leverage authenticated data for sourcing decisions, public disclosures, compliance audits, and regulatory submissions. Nevertheless, market penetration will hinge on commercial appetite, implementation expenses, and regulatory recognition.

Plastic Authentication Demonstrates Commercial Applications

Plastic recycling presents a compelling application because recycled resins frequently traverse multiple supply-chain intermediaries. Authenticated material documentation could reinforce assertions regarding recovery rates, reprocessing, and recycled-content percentages. It might also assist manufacturers in satisfying evolving state disclosure mandates.

SMX further integrates authenticated recycled volumes with its Plastic Cycle Token infrastructure. The company engineered this mechanism to correspond with quantifiable industrial recycling operations. Thus, authenticated output might underpin plastic offset instruments, contractual arrangements, project financing, and additional commercial applications.

Wider market dynamics may also shape demand for recycled plastic authentication. Petroleum price volatility can affect virgin plastic economics and influence procurement strategies. As environmental mandates intensify, SMX might attract interest from organizations pursuing enhanced verification throughout material supply networks.

 

The Monetary Authority of Singapore has added Hyperliquid to its Investor Alert List, prompting the decentralized exchange to state that it has never claimed to be licensed or authorized by the country’s financial regulator.

According to the Monetary Authority of Singapore (MAS), the entry added on Friday includes both the Hyper Foundation website and the Hyperliquid trading application.

The regulator described the Investor Alert List as a consumer protection measure that identifies entities that could be mistakenly perceived as licensed or regulated by MAS. It also clarified that inclusion on the list does not amount to a ban or enforcement action.

Responding in a June 26 X post, Hyperliquid said its permissionless infrastructure remains unchanged and that it has never represented itself as holding authorization from MAS. The platform added that it remains committed to working constructively with regulators and institutions while supporting clear regulatory frameworks for on-chain finance.

Hyperliquid has been added to the MAS’s Investor Alert List (IAL). IAL listing does not constitute a ban, an enforcement action, or a finding of wrongdoing. The IAL provides a list of entities that, based on information available to MAS, may be wrongly perceived as being licensed…

— Hyperliquid (@HyperliquidX) June 26, 2026

Hyperliquid says listing does not change its operations

Although the MAS listing has drawn attention to the exchange, Hyperliquid continues to rank among the largest decentralized trading platforms. According to CoinGecko, it is currently the ninth-largest decentralized exchange by trading volume, while DefiLlama estimates the protocol secures roughly $5.7 billion in total value locked.

Earlier this month, MAS also placed Bybit on the Investor Alert List. KuCoin and Bitget are already included, indicating that multiple crypto trading platforms have received similar treatment from the regulator.

Unlike enforcement measures that prohibit business activity or impose penalties, the Investor Alert List serves as a public notice intended to help consumers distinguish between firms regulated by MAS and those that are not. The regulator publishes the list to reduce the risk of investors mistakenly believing an entity operates under its supervision.

Singapore continues tightening crypto rules

The latest addition comes as Singapore continues tightening oversight of digital asset businesses.

In May 2025, MAS instructed crypto companies serving overseas customers from Singapore to either obtain the required licenses or stop operating. At the time, the regulator said the requirement was not a policy change but the end of a transition period after repeatedly communicating its regulatory position since 2022.

According to MAS, the directive closed a gap that had allowed some Singapore-based crypto businesses to avoid licensing requirements by restricting their services to overseas users.

The regulator also said the updated framework strengthens consumer protection while bringing Singapore’s crypto regime closer to international Anti-Money Laundering and Countering the Financing of Terrorism standards.

HYPE market remains focused on technical levels

While the regulatory development has put Hyperliquid back in focus, HYPE’s price action has remained centered on key technical levels rather than showing an immediate directional move tied to the announcement.

On the four-hour chart, Hyperliquid (HYPE) continues to trade inside a descending channel after rebounding from recent lows near $61. The token was changing hands around $65 at the time of analysis, testing the channel’s upper boundary, which has repeatedly acted as resistance during the recent correction.

Momentum indicators have shown tentative signs of improvement. The MACD has produced a bullish crossover with the histogram turning positive, while the RSI has recovered above the neutral 50 level, suggesting buying pressure has strengthened after several sessions of weakness.

Derivatives positioning also points to important price zones ahead. CoinGlass liquidation data shows one of the largest clusters of short liquidations between roughly $66 and $67, with additional leverage concentrated closer to $68. A move above those levels could trigger forced buying from short sellers.

On the downside, sizeable liquidation pools remain around the $63-$62 region, followed by support near $61. If the descending channel continues to hold, those levels could become the next areas where leveraged positions are tested.

For now, the technical picture remains mixed. Momentum has improved, but HYPE would still need a confirmed breakout above its descending channel to weaken the current bearish structure despite the recent recovery.

The bitcoin price prediction heated right back up after CoinDesk reported on June 25 that 10.83 million BTC now sit at a loss, the deepest underwater print in the network’s history, while long-term holders control a record 14.8 million coins and refuse to sell. BTC slid to $60,507 with $530 million in fresh liquidations wiping out 119,678 traders in 24 hours per Crypto-Economy.

A historic record of weak hands washing out while strong wallets stack is the clearest signal yet about where smart money is positioning.

That is exactly the backdrop Pepeto crossed $10,334,426 raised into at $0.0000001879 with staking compounding at 169% APY every block. The big wallets that scoop BTC every time a war headline cracks the price are the same names quietly stacking Pepeto presale before the Binance listing locks the entry away.

The digital asset custody market grows from $1 trillion to over $7 trillion by 2035 per CryptoBriefing, and 73% of institutional investors now report active crypto involvement per the EY-Parthenon 2026 survey.

The bitcoin price prediction lines up with infrastructure being built at this pace, and projects already finished and priced at presale levels catch the biggest wave.

Grayscale called 2026 the start of full institutional adoption. Whales are no longer waiting for green candles, they are stacking during liquidation events, the same playbook they ran every time a war headline cracked the chart this year.

Bitcoin Price Prediction Goes Institutional: Pepeto Leads the Best Crypto to Buy Now Before Listing

Pepeto leads the best crypto to buy now list right now, with $10,334,426 inside the raise while BTC parks near $60,507 and treasuries keep adding through the worst sentiment of the year. A $1,000 ticket at $0.0000001879 buys 5.32 billion Pepeto tokens, a position that prints between $100,000 and $150,000 once the Binance listing arrives.

Buyers tracking the bitcoin price prediction know the playbook by heart. BTC carves a bottom on fear, the move spills into altcoins, and the wallets that bought presale tickets before the cycle turned end up holding the receipts.

What sets Pepeto apart is consolidation. Traders today juggle a wallet, a bridge, a scanner, and three DEXs to do one job. Pepeto rolls those into a single exchange where every action runs free of charge and every contract has been signed off by SolidProof.

A $10,000 stake stacks roughly $1,408 a month back into the same wallet at 169% APY until the listing arrives, and on Pepe’s ATH math that same ticket prints a million-dollar wallet the day Binance opens trading. The original Pepe cofounder designed this entry for this exact moment in the cycle.

Bitcoin Price Holds $60,507 After War Sell-Off While Whales Refill Cold Storage

Bitcoin printed $60,507 on June 25 per CoinMarketCap, keeping the post-war drawdown intact as 10.83 million BTC sat at a loss, a record number that has flagged every prior cycle bottom. War headlines crack the chart, retail panics, big wallets scoop the supply, and the bounce funds the next leg.

Every desk keeps lifting its bitcoin price prediction, but BTC still needs a clean 2x just to touch those targets, turning a $1,000 BTC stake into roughly $2,000. The same $1,000 in Pepeto presale prints between $100,000 and $150,000 at listing, and $10,000 prints a million-dollar wallet.

The Bottom Line

Every signal points the same way. The bitcoin price prediction has flipped constructive, custody desks are being absorbed by major banks, Strategy still parks more than 843,000 BTC through the worst sentiment crypto has ever seen, and a presale carrying a working exchange sits at the precise floor where life changing returns get written.

The whales that lean on every war headline to shake out retail are the same names quietly loading Pepeto, because they already ran the math on a $0.0000001879 entry.

Every investor reading this has at some point watched a presale list and promised himself the next one would not get away. This is that next one. A $5,000 ticket today is the difference between a side bet and a $500,000 to $750,000 wallet after listing.

The Pepeto window is narrowing by the hour, and the price showing on the screen today will be replaced by a listing print the moment trading opens, and that print is not coming back.

Click To Visit Pepeto Website To Enter The Presale

FAQs

What is the bitcoin price prediction for 2026?

The bitcoin price prediction points to a fresh all-time high by year end 2026 per Bitwise and Bernstein research notes. A $1,000 BTC stake at $60,507 stretches to roughly $2,000 at that target, while the same $1,000 in Pepeto sits between $100,000 and $150,000 at listing.

What is the best crypto to buy now alongside the bitcoin price prediction?

Pepeto is the best crypto to buy now beside BTC with $10,334,426 raised at $0.0000001879, a SolidProof audit, 169% APY staking, and a confirmed Binance listing already lined up. A $10,000 entry on Pepe’s ATH math prints out a million-dollar wallet at listing.

 

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Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

Elon Musk’s X has begun rolling out X Money to select Premium+ users, with the new payments service relying on Ripple banking partner Cross River Bank for its core banking infrastructure.

According to announcements from X, the initial rollout introduces a digital wallet and payment service that allows eligible Premium+ users to send peer-to-peer payments, access a Visa debit card, and earn yield on cash balances through the platform. The company has launched the service using traditional banking infrastructure rather than cryptocurrency.

𝕏 Money begins rolling out to a subset of Premium+ users today. It already has a ton of great features and perks. Here’s an in-app welcome preview we cooked up with some of what’s included… pic.twitter.com/On3xy06IUu

— Benji Taylor (@benjitaylor) June 25, 2026

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Cross River Bank serves as the primary banking partner behind X Money. The FDIC member bank holds customer deposits and supports payment processing, card issuance, and the X Cash Sweep Program, which provides up to $10 million in FDIC insurance for eligible balances. 

The bank has worked with Ripple since 2014 and has previously adopted XRP Ledger technology for certain cross-border payment services, drawing attention from the crypto community after the X Money rollout.

X Money currently runs on traditional banking rails

Because of Cross River’s existing relationship with Ripple, some XRP supporters have speculated that future versions of X Money could eventually incorporate blockchain-based payment infrastructure.

Several users within the XRP community suggested the partnership could create opportunities for faster settlements, cross-border transfers, or stablecoin services if X later expands beyond fiat payments.

👉While retail is busy panicking over every $XRP price dip…
The financial industry is busy building.

Elon Musk’s X is rolling out X Money, bringing payments, debit cards, and banking functionality to one of the world’s largest social platforms through Cross River Bank.
Cross… pic.twitter.com/o8msoVcdPt

— 🌟Dr.Crypto🌟 (@xrp_ana) June 26, 2026

Neither X nor Cross River Bank has announced any plans to integrate XRP or other cryptocurrencies into X Money. The service currently operates through conventional banking systems despite Elon Musk previously indicating that crypto features could eventually become part of the platform’s financial services.

The rollout also comes shortly after X expanded its Smart Cashtags feature. Users can now view larger real-time charts for cryptocurrencies and stocks, including Bitcoin, Ether, XRP, HYPE, Dogecoin, Tesla, Strategy, and Coinbase directly within the platform.

Meanwhile, Ripple has continued promoting its payment infrastructure and regulatory efforts in the U.S. As reported earlier by crypto.news, the company recently deployed a mobile advertising truck around the U.S. Capitol, urging lawmakers to pass the CLARITY Act. Ripple stated that the proposed legislation would establish clearer rules for digital assets, strengthen consumer protections, encourage responsible innovation, and help the United States remain competitive in the digital asset industry.

XRP traders monitor key technical support

Alongside the attention surrounding X Money, XRP has recovered modestly after the recent crypto market selloff. At press time, the token was trading around $1.04 after moving between $1.01 and $1.08 over the previous 24 hours.

According to analyst Ali Martinez, XRP is testing a major volume cluster near $1.06. Martinez cited UTXO Realized Price Distribution data showing that more than 830 million XRP previously changed hands around that level, making it an important support area. He added that, if the token falls below that zone, the next significant volume-based support levels are located near $0.80, $0.62, and $0.51.

Separately, CoinGlass data showed derivatives traders remained cautious around the latest crypto options expiry. Total XRP futures open interest declined 2% to approximately $2.35 billion during the previous four hours, indicating that some leveraged positions were closed as volatility continued across the broader crypto market.

The XRP Ledger community is debating the launch of the SOIL token after an on-chain analyst questioned its distribution process. The allegations focused on wallet activity during the XRP Ledger debut. Meanwhile, the SOIL team rejected the claims and defended the launch structure.

Analyst Questions Soil Token Distribution On XRP Ledger

An on-chain analyst known as Skeptic claimed blockchain data showed unusual selling activity during the SOIL token launch on XRP Ledger. The analysis suggested issuer-linked wallets created most of the selling pressure instead of ordinary market participants. Consequently, the claims triggered debate across the XRP Ledger community.

According to the analyst, several wallets received SOIL tokens directly before selling them into the automated market maker. One wallet reportedly received about 68,766 SOIL through multiple transfers before exchanging the holdings for roughly 11,457 XRP. Two additional wallets also received substantial allocations before selling most of their balances for XRP.

The analyst argued that the transaction pattern did not reflect normal price discovery. Instead, the activity appeared to involve issuer distribution followed by rapid selling into available liquidity. As a result, the analyst claimed XRP Ledger liquidity absorbed those token sales during launch.

Price Difference Adds To The Debate

The analyst also pointed to SOIL’s existing presence on Ethereum, Polygon, and several centralized exchanges before the XRP Ledger launch. These trading venues included MEXC, Gate.io, BitMart, and BVOX. Therefore, the XRP Ledger launch entered an already active market instead of creating a new one.

During the same period, CoinMarketCap data showed SOIL gaining about 53% within twenty-four hours. The token price increased from around $0.06147 to approximately $0.09861. At the same time, MEXC also recorded positive trading performance.

The analyst argued that stronger prices on external markets contrasted with selling activity on XRP Ledger. According to the assessment, XRP Ledger liquidity absorbed distributed supply while prices elsewhere remained stronger. Consequently, the analyst described the launch process as unprofessional and criticized the execution.

Soil Rejects Insider Selling Allegations

The SOIL team denied every allegation surrounding insider selling during the XRP Ledger launch. Instead, the project attributed the sharp price movement to strong demand meeting limited liquidity. The team maintained that market conditions created the temporary imbalance.

According to the project, bridge addresses handled the questioned transactions instead of project-controlled wallets. The team also stated that decentralized and centralized exchanges commonly experience temporary price differences when market-making remains limited. Furthermore, it argued that arbitrage naturally balances those differences over time.

The protocol maintained that available liquidity functioned as expected until buying activity accelerated sharply. It also stated that arbitrage between exchanges represented a normal market process rather than evidence of manipulation. Therefore, the project rejected suggestions that it intentionally influenced token prices.

Debate Expanded Beyond The Token Launch

The analyst continued challenging the project’s explanation after reviewing the liquidity arrangements. The discussion shifted toward whether the project had been adequately prepared for the expected market demand. Consequently, criticism focused on launch planning instead of direct allegations involving user funds.

Another community member later questioned whether locked RLUSD deposits faced any potential risk. The analyst responded that no evidence suggested deposits faced danger during the controversy. Instead, the analyst limited criticism to the token launch process and liquidity management.

The exchange highlighted broader discussions surrounding decentralized finance launches on XRP Ledger. Recent network upgrades have encouraged additional projects to expand onto the blockchain. However, the latest dispute shows that token distribution methods and liquidity preparation remain central topics as new protocols enter the XRP Ledger ecosystem.