Peter Märkl, general counsel at Bitcoin Suisse, criticized both EU and Swiss stablecoin regulations as inadequate and burdensome.

Bitcoin Suisse legal chief flags gaps in EU, Swiss stablecoin rules

The license was granted after a new policy from Singapore&#8217;s Monetary Authority 
required all crypto firms based in the country to register.

Bitstamp granted MAS license to operate in Singapore

Biget Wallet claims it is the most efficient way to send USDT on Tron among 
the major wallets.

Bitget Wallet cuts on-chain TRON USDT transver costs by 50%

The proposed tax reform could boost crypto adoption, enhance U.S. 
competitiveness in digital finance, and simplify tax compliance for users.
The post Senator Lummis proposes to exempt small crypto transactions from 
taxes, ending double taxation for miners and stakers appeared first on Crypto 
Briefing.

Senator Lummis proposes to exempt small crypto transactions from taxes, ending double taxation for miners and stakers

Bitcoin bulls will have to maintain the price above $109,000 to enhance the 
prospects of a breakout to a new all-time high above $111,980.

Bitcoin holding $109K proves bulls control the market: Will new highs happen today?

Dogecoin was changing hands near $0.174 in European trading on Thursday, 
extending a two-day rebound that began when buyers twice defended the mid-June 
floor around $0.16. The 11% recovery since the Tuesday low has put the largest 
memecoin back on traders’ radars, but technical analyst More Crypto Online 
cautions that what looks like an impulsive burst is in fact “all corrective in 
nature,” with the market still trapped inside a complex diagonal wave pattern 
that could just as easily fail. Dogecoin Is Quietly Coiling For A Potential 
Breakout In a video update recorded on 2 June, the analyst dissected the one- 
hour chart and concluded that the advance from the 22 June low is best counted 
as a three-wave move. “Because wave 1 … was only a three-wave move, the third 
wave should unfold as an ABC structure,” he said, underscoring that the rally 
lacks the five-wave DNA of a trend reversal. Even so, as long as Dogecoin 
defends what he called a “micro-support area between $0.16 and $0.166,” the 
diagonal remains valid and a measured target at $0.196—the 138 percent 
Fibonacci extension of wave 1—“remains plausible.” The roadmap is conditional. 
First, the current A-wave has to finish; then a corrective B-wave should 
follow, “and in the C-wave we could then rally to round about $0.196.” A probe 
toward $0.182 before that pullback cannot be ruled out, but the analyst warned 
viewers not to assume a straight shot higher. “Please be aware that we could 
be dealing with very choppy and messy structures,” he said. Related Reading: 
Dogecoin Under $0.20 ‘Is Free,’ Says Analyst—Predicts 2,000% Upside If bulls 
do force a full five-wave climb from the July swing low, that sequence would 
mark the first leg of a larger five-wave advance—a textbook signal that the 
broader down-trend from Dogecoin’s March peak may finally be exhausted. 
Failure to hold $0.16, however, would invalidate the diagonal count and expose 
the June lows near $0.151, where on-chain data show a thin layer of spot bids 
and little derivative support. Market context is mixed. CoinGecko data show 
Dogecoin’s 24-hour turnover has topped $1.5 billion, roughly in line with last 
week’s average, while the memecoin’s correlation with Bitcoin has weakened to 
0.62, its lowest reading since early May. Related Reading: Dogecoin Under 
Pressure: Only Top 10 Coin Where Loss-Taking Exceeds Profit In the short term, 
though, all eyes are on the $0.16 band. As More Crypto Online summed up, “The 
diagonal pattern basically remains plausible as long as we’re holding that 
$0.16 level.” Should that floor survive the inevitable B-wave turbulence, 
Dogecoin’s “quiet setup” might indeed detonate shortly—propelling the token 
toward $0.196 and potentially signalling a more durable trend change. Notably, 
the upper boundary of Dogecoin’s long-running descending channel in the daily 
chart, now situated near $0.20, lines up almost exactly with More Crypto 
Online’s bullish target. A decisive breakout through this confluence would not 
only pierce the ceiling that has capped prices since the December 8 high at 
$0.4843 but could also validate the analyst’s call for a trend reversal. At 
press time, DOGE traded at $0.174. Featured image created with DALL.E, chart 
from TradingView.com