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EU bans regulated crypto firms from privacy coins, keeps Bitcoin wallet transfers exempt from ID rules.

Market News
19 Jun 2026
Crypto news
View Source
Bearish
pluang ai news

The European Union has approved new anti-money laundering rules effective July 10, 2027, banning regulated crypto firms from supporting privacy coins to curb anonymous transactions. However, direct Bitcoin transfers between private wallets remain exempt from mandatory identity checks. The regulation also introduces a €10,000 cap on commercial cash payments and expands stricter customer verification and reporting requirements across various sectors to combat money laundering. These changes aim to increase transparency while allowing private crypto use outside regulated platforms.

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MicroStrategy hints at new Bitcoin buy despite STRC stock turmoil

MicroStrategy hints at new Bitcoin buy despite STRC stock turmoil

MicroStrategy's executive chairman Michael Saylor signaled another Bitcoin purchase even as the company faces challenges with its STRC perpetual preferred stock, which recently dropped below $89. This decline has increased the company's dividend cost...

Market News
Bearish
4 hours ago
Micron must exceed high AI-driven growth expectations in Q3 or risk a sharp stock drop.

Micron must exceed high AI-driven growth expectations in Q3 or risk a sharp stock drop.

Micron Technology has seen its stock surge 830% in the past year due to soaring demand for AI-related high-bandwidth memory and rising prices amid tight supply. Despite analysts expecting extraordinary fiscal Q3 results with massive revenue and earni...

Market News
Neutral
4 hours ago
Meta stock seen rising 48% to $838 as earnings beat and AI growth drive optimism.

Meta stock seen rising 48% to $838 as earnings beat and AI growth drive optimism.

Meta Platforms' stock is currently trading at $567.58, significantly below its 24/7 Wall St. price target of $837.78, implying a 47.61% upside. Despite a recent selloff due to increased capital expenditure guidance for 2026, Meta reported strong Q1 e...

Analyst Insights
Bullish
4 hours ago
Ultragenyx shifts focus to rare diseases with four approved products, eyeing FDA reviews and key trial results in 2026.

Ultragenyx shifts focus to rare diseases with four approved products, eyeing FDA reviews and key trial results in 2026.

Ultragenyx is moving from a broad drug pipeline to concentrate on rare diseases, supported by four approved products and several late-stage candidates. Despite a recent Phase 3 trial failure and expected net loss in early 2026, the company maintains ...

Market News
Neutral
4 hours ago
Okeanis Eco Tankers posts 601% net income surge in Q1 on strong spot rates and fleet growth

Okeanis Eco Tankers posts 601% net income surge in Q1 on strong spot rates and fleet growth

Okeanis Eco Tankers reported exceptional Q1 results with net income rising 601% year-over-year, driven by explosive spot rates and fleet expansion. The company's young, scrubber-fitted fleet and strong owner alignment have supported its outperformanc...

Company Fundamentals
Bullish
4 hours ago
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