Bitcoin Back at $115,000
Bitcoin, which faced selling pressure at $124,000, fell to $115,000, losing more than 2% on a daily basis and more than 7% from its all-time high.
Trump and Putin’s Alaska Summit
The Russia-Ukraine war was discussed at the meeting held in Alaska. The meeting, which did not last as long as expected, indicated that an agreement was close on some issues. Putin concluded his speech by implying that the next meeting would be held in Moscow.
Trump: Zelensky Can “End the War Almost Immediately”
Trump said that Zelensky could end the war with Russia “almost immediately” if he wanted to.
New Meeting in Washington
Trump will meet with Zelensky and some European leaders in Washington today to discuss the Russia-Ukraine war and possible paths to peace.
Fed Ends Crypto and Fintech Oversight Program
The Fed has ended its special program to monitor banks’ crypto and fintech activities. Oversight will now be integrated into standard processes.
Metaplanet Increases Bitcoin Purchases to 18,888 BTC
Metaplanet has purchased 775 more Bitcoin (approximately $90 million). With this purchase, the company’s total BTC holdings reached 18,888, valued at approximately $2.2 billion.
First Yen-Backed Stablecoin Approval This Fall
The Japanese Financial Services Agency (FSA) is preparing to approve the country’s first yen-backed stablecoin, JPYC, this fall.
