U.S.-based crypto exchange Coinbase has announced plans to launch crypto perpetual futures for American traders. The exchange stated that the product will comply with CFTC regulations, as perpetual futures grow in popularity. Coinbase Plans Crypto Perpetual Futures For US Traders Coinbase has made several announcements recently, the latest being its proposal to introduce crypto perpetual
Crypto market crashed soon after Israel launched a major military attack on Iran in early Asian hours of Friday, with liquidations soaring to more than $1.1 billion. The global markets quickly turned to a risk-off sentiment, with Gold and oil prices surging. As another major geopolitical conflict escalates, markets are likely to see greater volatility
XRP lawyer Bill Morgan anticipates that Judge Analisa Torres will likely approve the joint motion filed by Ripple and the SEC in the XRP lawsuit. Despite some reservations about the motion’s content, Morgan expressed that he believes the judge will grant it nonetheless, potentially leading to a resolution in the Ripple vs SEC case. Will
The crypto market is in the red today, with the global market cap slipping by 4.32% to $3.25 trillion. Most cryptocurrencies, including Bitcoin, Ethereum, XRP, and Solana, are seeing sharp losses. Bitcoin is trading below $104,000 at the time of writing. There is support near $101,000 to $102,000.
Ethereum (ETH) has dropped over 9% in the past 24 hours, falling to around $2,501. XRP has also taken a hit, slipping by more than 5% to trade at $2.11. Popular altcoins like Solana (SOL) and Dogecoin (DOGE) aren’t spared either — SOL is down over 10% while DOGE has fallen by nearly 9%. Even large-cap tokens like BNB and Cardano (ADA) have lost ground, dropping 2.89% and 8.6% respectively.
Geopolitical Tensions Shake Markets
The biggest reason for today’s crypto sell-off is a sudden escalation in Middle East tensions. Israel reportedly launched an airstrike on Iran’s nuclear facilities on June 13 and this geopolitical shock spooked global investors, sending them rushing toward safer assets like gold, which jumped 5%.
Historically, whenever there’s unrest in the Middle East, risky assets like cryptocurrencies tend to fall. Bitcoin alone dropped by nearly 4% intraday, a move similar to what happened during the U.S.-Iran conflict in 2020.
Macro and Regulatory Pressure
U.S. Treasury Secretary Janet Yellen recently warned that Donald Trump’s proposed tariffs could push U.S. inflation up to 3%. This could lead the Federal Reserve to keep interest rates higher for longer — bad news for risk assets like crypto.
Coinbase’s recent launch of CFTC-compliant perpetual futures contracts has pulled short-term liquidity away from spot markets, adding to the downward pressure.
The next big event for the markets is the upcoming interest rate decision, due in a few days. Right now, there’s a 99% chance rates will stay the same. The market’s hoping Fed Chair Jerome Powell will sound more confident about future economic stability, hinting at rate cuts later. If not, and if the Fed sticks to its “wait and see” stance, markets might stay weak for now.
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The crypto market is in the red today, with the global market cap slipping by 4.32% to $3.25 trillion. Most cryptocurrencies, including Bitcoin, Ethereum, XRP, and Solana, are seeing sharp losses. Bitcoin is trading below $104,000 at the time of writing. There is support near $101,000 to $102,000. Ethereum (ETH) has dropped over 9% in …
Donald Trump has reignited his battle with Federal Reserve Chair Jerome Powell, calling him a “numbskull” and criticizing the Fed for delaying interest rate cuts. Though he says Powell’s job is safe for now, Trump hinted that he may “force something” if rates don’t drop soon. The pressure comes as the 2024 campaign heats up and Trump pushes for a more aggressive economic stance.
“Too High, Too Slow — Cut It Now!”
Trump Rips Fed Chief Powell: “We’re Bleeding Billions While This Fool Sits There Saying ‘No Reason to Cut Rates’ — I Told Him Myself, If Inflation Comes, Hike It! But Right Now? We Need to Slash Rates Fast or Watch America Sink!”#NYIpic.twitter.com/eZCe33KhGG
Speaking at a White House event, Trump claimed that cutting interest rates by just one percentage point could save the US $300 billion annually, while a two-point cut could double those savings. He blames Powell for being too slow to act, saying the Fed is making it harder to manage the country’s rising debt and borrowing costs.
The president has been saying this for a while, but it’s even more clear: the refusal by the Fed to cut rates is monetary malpractice. https://t.co/HqUjWxwcHs
This isn’t the first time Trump’s administration has gone after Powell in recent days. Commerce Secretary Howard Lutnick and Vice President JD Vance have also attacked the Fed’s stance, calling it “monetary malpractice.” They argue that Powell’s reluctance to cut rates is hurting the economy, especially when inflation is easing and energy prices are dropping.
Trump has pointed to Europe, where ten rate cuts have already taken place, as an example of how central banks should respond when inflation cools. He believes the US is falling behind and losing economic momentum.
Even though Trump has the constitutional power to remove Powell, doing so could rattle markets. Legal experts say the move would damage the Fed’s credibility and likely cause long-term interest rates to spike. Trump appears to be aware of this, which is why he hasn’t acted yet.
Harvard legal scholars also note that the laws protecting Powell’s position have been slowly weakening in recent years. But despite the legal gray area, the real threat might come from how markets would react. Removing Powell could undermine investor confidence and hurt Trump’s broader economic goals.
With energy prices falling and inflation data remaining stable, Trump’s calls for rate cuts may intensify. But whether the Fed listens or whether Trump acts on his threats remains to be seen.
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Donald Trump has reignited his battle with Federal Reserve Chair Jerome Powell, calling him a “numbskull” and criticizing the Fed for delaying interest rate cuts. Though he says Powell’s job is safe for now, Trump hinted that he may “force something” if rates don’t drop soon. The pressure comes as the 2024 campaign heats up …
The price of XRP has been moving within a bullish pattern lately, but it is still facing some tough resistance on the charts. At the time of writing, XRP is trading at $2.11, down by more than 6% in the last 24 hours.
Why is XRP Price Falling?
On June 13, Israel launched an airstrike targeting Iran’s nuclear sites, which triggered a drop in cryptocurrencies As a result, the total cryptocurrency market cap dropped by 4%. Adding to this, in the ongoing Ripple vs. SEC case, both parties submitted an updated settlement proposal the same day. However, legal experts have expressed concern that the new filing still doesn’t resolve the earlier concerns.
XRP Price Prediction: What’s Next?
Right now, the important price level to watch is around $2.34 to $2.35. This is the same area where the price was rejected not long ago, and it continues to act as a hurdle for XRP.
If XRP manages to break above this zone, the next target will be around $2.44, and if the trend continues, it could climb up to $2.60. However, if the price fails to break through, there’s a chance it could drop to its nearby support levels. The first support is at $2.10, while stronger support can be found at $2.05.
Will XRP Price Fall Below $2?
On the shorter timeframes, there’s a bullish divergence still in play, which means the chances of a sharp drop in the next couple of days are low. Analysts suggest that we might see either a slow upward move or sideways trading for now.
Additionally, XRP might have already formed a bottom in April, and since then, it seems to be building up a fresh five-wave rally. This pattern is often seen when a market trend is preparing to push higher. As long as XRP stays above the $2.11 mark, the positive outlook remains strong.
However, if the price falls below $2.11, it could trigger a deeper correction, possibly sending XRP back towards the $1.94 to $1.79 range.
The post XRP Price Prediction For June 13 appeared first on Coinpedia Fintech News
The price of XRP has been moving within a bullish pattern lately, but it is still facing some tough resistance on the charts. At the time of writing, XRP is trading at $2.11, down by more than 6% in the last 24 hours. Why is XRP Price Falling? On June 13, Israel launched an airstrike …
The global cryptocurrency market witnessed a broad downturn today, with total market capitalization falling by 2.47% to $3.32 trillion, as major assets bled red across the board. Bitcoin dropped 2.3%, Ethereum shed 4.5%, XRP lost 3.24%, and Solana slid 4.9% against the U.S. dollar.
But it was Dogecoin that took the steepest plunge among the top ten, tumbling 5.9% in a single day. Over $320 million in bullish bets were wiped out within a single hour, signaling a harsh wake-up call for overly optimistic traders.
BTC & ETH in Red, Altcoins Hit Harder?
Bitcoin bore the brunt of the crash, with nearly $317 million in long positions liquidated in a day. The majority, over $306 million, were long bets. Prices slid nearly 4% in 24 hours, pulling BTC below $104K. While it’s still holding a 5% gain for the week, the momentum shifted after it peaked above $110,000 on Tuesday. One massive $201 million long on Binance alone got rekt in the plunge, according to CoinGlass data.
Meanwhile, ETH fell over 6% on the day, crashing down to $2,650. Despite this drop, it’s still up about 9% on the week, thanks to an earlier surge. Daily liquidations for ETH totaled $151 million, second only to Bitcoin.
While altcoins like Solana, XRP, and Dogecoin were hit next, as bearish pressure swept across the altcoin market. Solana tumbled over 6% to $152.80, XRP dropped 4% to $2.20, and Dogecoin was the day’s worst performer, down 7% to $0.181. DOGE’s steep fall makes it the biggest loser among the top ten cryptocurrencies.
Crypto took a hit today, mainly because of rising tensions in the Middle East. Reports say Israel launched an airstrike on Iran’s nuclear site, which scared global investors. Many rushed to safer options like gold, causing it to jump 5%, while risky assets like crypto dropped.
Inflation Data Triggers Profit-Taking
The selling pressure began after the release of the U.S. CPI report on Wednesday, which showed cooling inflation for May. While that might seem like good news, the market reacted with a round of profit-taking, pushing prices down instead. Bitcoin and Ethereum slipped after the report, while altcoins were already struggling earlier in the day, only to see losses deepen by afternoon.
Longs Crushed, Market Dips 5%
In total, the market saw over $713 million in liquidations over the past 24 hours, $650 million of those from long positions. The broader market is now down roughly 5% in a day, according to CoinGecko, with traders rethinking their bullish positions amid rising volatility.
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The global cryptocurrency market witnessed a broad downturn today, with total market capitalization falling by 2.47% to $3.32 trillion, as major assets bled red across the board. Bitcoin dropped 2.3%, Ethereum shed 4.5%, XRP lost 3.24%, and Solana slid 4.9% against the U.S. dollar. But it was Dogecoin that took the steepest plunge among the …
Since the PACTE Law was passed in 2019, crypto trading and owning have become legal in France. After establishing a legal framework for cryptocurrency, France introduced new and stricter laws to regulate it within the country. As of 2025, France has emerged as one of the crypto-friendly countries in Europe because of its strong tech ecosystem and clear regulatory framework.
It has established a unified regulatory framework for crypto assets to address risks of financial instability and consumer exploitation.
The Autorité des Marches Financiers (AMF), a financial regulatory body, is required to conduct supervisory reviews, spot checks, and investigations to confirm that MiCA rules are thoroughly complied with.
It oversees exchanges, custodians, and wallet providers. It also regulated Asset Referenced Tokens (ART), a type of stablecoin backed by fiat currencies or commodities.
July 2025- Application of AMLA
The creation of a new anti-money laundering authority (AMLA) and CFT compliance has been in force since 2024, and it will enter into application in July 2025.
It contains detailed guidelines with customer due diligence to prevent any crypto-related risks.
In the 18-month transitional period, existing crypto asset providers (CASPs) can continue operating under their current national regulations while they transition to the new Market in Crypto Asset Regulation (MiCA).
What Does the French Government Say About Crypto?
The primary regulatory body of crypto, Autorité des Marches Financiers (AMF), began to support the Saving and Investment Union Project, which started with a cross-border crypto asset platform.
Earlier this year, in March, the French State Bank Bpifrance planned a $27 million crypto fund investment in digital assets. This approach of competitiveness in the field of digital assets was supported by the French federal government as well.
L’EMCO, nouvelle task force contre le crime organisé, est lancée. Le combat sera long, mais les moyens sont enfin à la hauteur pour lutter contre les organisations criminelles. pic.twitter.com/i5srDUxHdj
— Bruno Retailleau (@BrunoRetailleau) May 14, 2025
Additionally, the French Interior Minister Bruno Retailleau announced that he would meet crypto professionals to enhance security while addressing the risks. The French government is currently accelerating transparency in crypto transactions, financial stability, and consumer protection through MiCA.
Crypto Tax in France 2025
In France, crypto is treated as general stocks, bonds, and other capital assets, which makes it taxable. All taxes are mandated by the General Directorate of Public Finances (DGFiP).
Tax-free events: Exchange or swapping of crypto assets, gifting crypto assets, ICOs and IEOs, Airdrops, DeFi, margin trading, and NFTs.
Tax reporting: Income tax for 2025 will be due on April 10th for the 2024 fiscal year.
Category
Tax rate
Tax basis
Details
Occasional investors
30% pfu
Capital gains (crypto to fiat)
Crypto-to-crypto trades are tax-free
Professional traders
0- 45% (non-commercial profit- BIC)
Net profits
Professional trading activity
Mining
Up to 45% BNC
Net profits
Micro BNC regime available for small miners
Capital gains from crypto
If gains exceed 305€ per year
Converted into fiat currency
(DGFiP)
Crypto License in France
As of 2025, all crypto asset service providers (CASPs) are required to obtain a license from MiCA to operate within the EU.
First, the CASPs are required to register with the Autorité des Marchés Financiers (AFM), while Scorechain facilitates the process by providing tools to ensure robust compliance.
The next step is to comply with the enhanced due diligence framework, which aligns with the MiCA.
All CASPs are required to report any suspicious activity to Tracfin, France’s financial intelligence unit. And lastly, MiCA ensures that the CASPs comply with AML/CFT regulations.
Crypto Adoption in France
Penetration rate: The current crypto user penetration rate in France is expected to be 23.96%, which is anticipated to increase to 24.52% by 2026. The number of crypto users in France is rapidly growing and will reach approximately 16.37 million by 2026.
Crypto market revenue: The Current cryptocurrency market in France is expected to reach US$3.0 billion, representing an average revenue per user of up to $187.2. It is growing at a rate of 2.69% annually, and by 2026, the revenue market is expected to reach US$3.1 billion.
Crypto holdings: The French government has not publicly disclosed any crypto holdings yet; rather, it focuses on creating a welcoming and regulated environment for blockchain and cryptocurrencies.
Conclusion
The French government is bringing in new crypto laws to ensure transparency, security, and consumer protection. Through the MiCA framework, it aims to build clear and reliable rules for the industry.
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Since the PACTE Law was passed in 2019, crypto trading and owning have become legal in France. After establishing a legal framework for cryptocurrency, France introduced new and stricter laws to regulate it within the country. As of 2025, France has emerged as one of the crypto-friendly countries in Europe because of its strong tech …
After being denied by US District Judge Analisa Torres last month, Ripple and the SEC filed another motion to finally end their landmark legal battle. The two parties are again trying to relitigate Ripple’s right to sell securities.
However, legal commentators called this effort a “rare whiff” from Ripple’s legal team and do not believe it will work. If the court denies again, the company may need to accept its ban on selling securities for the time being, at least to retail investors.
Today, they returned before Judge Torres, once again attempting to wrap up the last disputes.
NEW: The @SECGov and @Ripple have jointly requested a Manhattan District court to dissolve the injunction in their ongoing case and release the $125 million civil penalty held in escrow.
They’re proposing that $50 million be paid to the SEC, with the remaining funds returned… pic.twitter.com/UopQuQNG5q
Their proposed deal cites a few “exceptional circumstances,” such as the SEC’s total shift on crypto policy, as sufficient justification to change a prior ruling.
The issue is whether the SEC should ban Ripple from selling securities under Gary Gensler. Simply put, the current Commission would like to reverse this decision. Large fees are also in the mix, but they’re a secondary concern.
Still, Fred Rispoli, a trial lawyer specializing in crypto cases, expressed skepticism with the move, considering the proposal sloppy:
“I don’t like this filing based on how obvious it was from Judge Torres’ last ruling that she was pissed. I recommended a long, detailed motion explaining the SEC’s failures in crypto regulation (with Commissioner declarations) and some apologies from Ripple for what it got tagged on. Instead, we got one paragraph on the other SEC dismissals and a paltry mention of the SEC Crypto Task Force. Oof,” Rispoli stated.
Legal experts on social media think this filing doesn’t make substantial changes in legal citations from the last attempt, and they believe Torres will reject this one, too.
However, in all likelihood, Judge Torres has the legal grounds to recognize the SEC’s renewed direction and accept this motion to dismiss the lawsuit.
So, June 16 remains the key date. If this motion doesn’t persuade the Judge, Ripple will have to wait until 2026 for another chance at dismissal.
At a certain point, even if both institutions wish to permit non-institutional securities sales, the choice may be out of their hands. Ripple may need to start seriously preparing for a future where it cannot reverse this ruling, period.
Ethereum (ETH) is showing mixed signals as it hovers near a critical technical zone, with traders closely watching for a breakout or breakdown. On one hand, the BBTrend has flipped sharply bullish, jumping to 4.99 after hitting -3 just a day earlier—suggesting growing upside momentum.
On the other hand, whale activity continues to decline for the seventh consecutive day, a potential sign of weakening institutional confidence. With ETH stuck between strong resistance at $2,900 and key support at $2,679, the next move could define the short-term market direction.
Ethereum BBTrend Flips Bullish: What 4.99 Means for Price Action
Ethereum’s BBTrend has surged to 4.99, rising sharply in the past few hours after hitting a negative peak of -3 just yesterday.
This sudden momentum shift suggests a potential reversal from bearish to bullish conditions, as the trend strength has turned positive and is now approaching the upper threshold that typically signals a breakout scenario.
BBTrend, or Bollinger Band Trend, measures the directional strength of price movement relative to the Bollinger Bands. Values above 0 indicate upward momentum, while values below 0 suggest bearish pressure.
A reading around 4.99 indicates strong bullish momentum. If this trend holds or strengthens, it could signal further upside for ETH as traders interpret the move as a shift in market sentiment and positioning.
ETH Whale Count Declines for 7 Straight Days: Bearish Signal Ahead?
The number of Ethereum whales—wallets holding between 1,000 and 10,000 ETH—has steadily declined to 5,378, down from 5,427 just ten days ago and 5,400 three days ago.
These whales often gauge institutional or high-net-worth investor sentiment, and sustained reductions in their numbers typically indicate either profit-taking, risk reduction, or decreased confidence in near-term price action.
Tracking whale activity is crucial because these large addresses have the power to influence market trends through their trades. When whale counts increase, it’s often interpreted as accumulation, which can signal strong conviction in future price growth.
This behavior can weaken price support and lead to increased volatility. If the downtrend in whale count continues, it could place downward pressure on ETH and increase the risk of a broader market pullback.
Ethereum Approaches Critical Support as $2,900 Resistance Holds
Ethereum recently failed to break through the resistance near $2,900 and is now trending lower, approaching a key support level at $2,679. If this support is tested and fails to hold, the next downside targets are $2,479 and potentially $2,326, especially if bearish momentum accelerates.
These levels are critical, as a confirmed break below them would indicate a shift in short-term market structure and could trigger further selling pressure.
With whale activity declining and market sentiment appearing cautious, Ethereum is now at a technical crossroads.
On the flip side, the BBTrend indicator has shown a strong bullish reversal, suggesting buying pressure may be building. If Ethereum regains momentum and successfully retests and breaks the $2,900 resistance, it could open the door for a rally toward $3,000—a level not seen since February 1.
Such a move would likely reinforce bullish sentiment and attract renewed interest from sidelined traders.
However, for that scenario to play out, bulls must first reclaim lost ground and flip $2,900 into a solid support zone.
NEW: The 
