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“We believe that the return to backwardation in recent weeks has been a negative signal pointing to a bear market,” JPMorgan strategists led by Nikolaos Panigirtzoglou.

More info: https://bloom.bg/3ixwDVI
According to inside sources quoted by the publication, Indian authorities have dropped earlier plans for a blanket Bitcoin ban in favor of classifying cryptocurrencies as an alternative asset class.

More info: https://bit.ly/3cvQ1i5
Binance sent an email to customers. The email says that Binance will no longer support USD deposits and withdrawals via Silvergate Bank over SWIFT from June 11.

More info: https://bit.ly/3g9iPir
Binance will list Tornado Cash (TORN) and open trading for TORN/BTC, TORN/BNB, TORN/BUSD and TORN/USDT trading pairs at 2021-06-11 06:00 AM (UTC).

More info: https://bit.ly/3pKbdWN
The Texas Department of Banking today issued a notice confirming that state-chartered banks may store cryptocurrency on clients' behalf, provided they have "adequate protocols in place" for complying with the law.

More info: https://bit.ly/2TPceky
The well-known Indian crypto exchange WazirX, which Binance acquired in 2019, is under investigation for alleged violations of India's Foreign Exchange Act (FEMA).

WazirX for alleged violations of AML laws and FEMA, in connection with crypto transactions worth $389 million.

More info: https://bit.ly/359rH1h
Pieter Hasekamp, director of the Dutch Bureau for Economic Analysis under the Ministry of Economic Affairs and Climate Policy, published an essay entitled “The Netherlands must ban bitcoin.”

More info: https://bit.ly/3zjSLJa
“It’s the first domino in a string of many disenfranchised nations and then maybe, other countries that are looking to reduce their reliance on US dollars. Coming in and saying like ‘Hey we want to go with Bitcoin. We want to go with a currency for our country that can’t be manipulated, that can’t be controlled…’

More info: https://bit.ly/3xgQ6y3
Texas Governor Greg Abbott has signed into law a game-changing cryptocurrency bill.

The “Virtual Currency Bill”— which positions the Lone Star state as one of the leaders in the crypto industry—was passed by both chambers of the Republican-dominated legislature in May.

More info: https://bit.ly/3ghDxg5
Bitcoin has bounced back again above the $39,000 level.

More info: https://bit.ly/3gxTKNm
On June 14, Tanzanian president Samia Suluhu Hassan urged the country’s central bank to begin exploring crypto assets.

Hassan emphasized the increasing impact of digital assets on global finance, stating: “We have witnessed the emergence of a new journey through the internet.”

More info: https://bit.ly/3gp9HFi
Gate has listed Pirate Chain (ARRR).

More info: https://bit.ly/3gMfw03
Tether come back to its normal price.

Later due to a third-party service anomaly, the $USDT price deviated from its market value.

More info: https://bit.ly/3cFqK4Y
Thailand's Securities and Exchange Commission (SEC) has implemented a ban on meme coins like Dogecoin. Last week, exchanges were ordered to delist the coins, along with NFTs, utility tokens and social tokens, within 30 days.

More info: https://yhoo.it/3grAbaN
Bitcoin is trading above the $40,000

More info: https://bit.ly/3gxTKNm
Bank of England Governor Andrew Bailey warned against using cryptocurrencies for payments, taking another swipe at digital tokens.

More info: https://bit.ly/3pUMW0p
Binance Futures will launch ETH/BUSD perpetual contracts with up to 50x leverage at 2021-06-16 03:30 AM (UTC).

More info: https://bit.ly/3zusDLy
MicroStrategy will sell up to $1 billion worth of its stock to buy more bitcoin.

More info: https://bit.ly/3gB5OgQ
Goldman Sachs plans to explore new realms beyond Bitcoin. The investment bank will begin offering ETH options and futures, according to a Bloomberg report.

More info: https://bit.ly/3gz5pvk
Revolut will add new tokens on June 15th: AAVE, SUSHI, MIR, CRV, 1INCH, COMP, ENJ, BAT and OGN. New tokens will be available in UK and EU.

More info: https://bit.ly/3pUo497