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ETH $1.6K · Germany leads EU crypto licensing push ahead of MiCA deadline ‌ ‌ ‌ ‌ ‌
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Coin Mornings
Your daily crypto, before coffee.
Issue #17 · Monday, June 29, 2026
Market mood  Extreme Fear · 12/100  ▼ from 18 yesterday
Worth noting  Bitcoin fell below $60,000 since yesterday.
Bitcoin trades below $60,000 amid extreme fear sentiment as European crypto regulation takes effect and policy developments reshape market structure.
 
 

  The Numbers

Bitcoin (BTC)$59,881  -0.6%
-6.5% this week
Ethereum (ETH)$1,571  -0.6%
-10.1% this week
Total crypto market$2.15T  -0.5%
BTC dominance 55.8% · BTC 53% below its all-time high

  The Movers

Top gainers (24h)

币安人生 币安人生 (BinanceLife)+17.5%
ENA Ethena+3.7%
BDX Beldex+3.5%
AVAX Avalanche+3.4%

Top losers (24h)

M MemeCore-13.7%
VVV Venice Token-7.0%
PUMP Pump.fun-6.2%
WLD Worldcoin-6.2%

From the top 100 coins by market cap.

  The Read

Where the chart sits — description, not prediction

Bitcoin is trading below both its 50-day ($69.0K) and 200-day ($75.5K) averages — the longer-term trend reads as down. Over the past 30 days it has traded between $59.6K and $73.6K; today's price sits in the lower third of that range. RSI(14) is 22 — territory traditionally described as oversold.

See all nine coins on the daily markets page →

  The Brief

 Germany leads EU crypto licensing push ahead of MiCA deadline

Europe's MiCA regulation sees 244 approved crypto firms across jurisdictions, with Germany leading as the July 1 transition deadline approaches. Beginners should know this creates a clearer legal framework for crypto services in Europe. (Cointelegraph)

 European regulators order unlicensed crypto firms to wind down

ESMA told unauthorized crypto-asset providers to exit business before MiCA's July 1 cutoff. This affects where European users can trade and access services going forward. (CoinDesk)

 Ukraine moves $8.3M seized stablecoin to state asset recovery

Ukrainian authorities transferred seized USDT from a hacking ring to a government wallet under ARMA management. This marks a significant milestone in how nations treat and manage confiscated crypto assets. (Decrypt)

 India stablecoin premium surges 8.5% after enforcement raids

USDT trades at an 8.5% premium in India following regulatory raids on crypto firms that disrupted stablecoin supply. Shows how regional enforcement actions create localized market imbalances. (The Block)

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Crypto 101

What is a halving's supply math?

Bitcoin issues new coins every block; each halving cuts that rate 50%. Over 90% of all bitcoin that will ever exist has already been issued — scarcity is front-loaded.

“A written plan beats a gut feeling at 3 a.m.”

Coin Mornings is an educational digest for US readers. Nothing here is financial, investment, tax, or legal advice. Crypto is volatile — never invest more than you can afford to lose. Some links are affiliate links; we may earn a commission at no cost to you. Prices via CoinGecko, sentiment via alternative​.me, captured shortly before send.

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