Crypto News Today (June 26): BTC Barely Holding $60K, Uniswap and Spark Launch FX Layer, Dubai to Launch Token Backed by Nasdaq ETF

Spark’s $150M migration to two Uniswap v4 pools kickstarts a Stablecoin FX Layer on Ethereum. Programmable hooks and shared liquidity aim to compress spreads.

Analysts argue that investors are effectively buying the company's Bitcoin holdings at a discount to their estimated value.

After falling below the 200-day Simple Moving Average, the $BTC price is on the brink of collapse. However, the $60K horizontal support level is holding for now. Will a collapse down to the low $50K level be next, or is Bitcoin grinding out a bottom with plenty of sideways choppiness to come?

US Bitcoin ETFs recorded $696.3 million in outflows as Bitcoin slipped below $60,000, lifting year-to-date losses to $4.6 billion.

Bitcoin fell below $59K as ETF outflows and liquidations hit traders, while technical signals keep $60K support in focus this week again.

Metaplanet fell to ¥197 near a 52-week low despite holding 40,177 BTC, raising questions over Bitcoin treasury stock valuations.

Bitcoin faces $11b options expiry as BTC and ETH trade below max pain, with traders watching $60,000 support and downside hedging this week.

On Thursday, Spark and Uniswap revealed the launch of a Stablecoin FX Layer, a shared liquidity infrastructure built on Uniswap v4 designed to enable low-slippage swaps between dollar-pegged stablecoins for institutions, banks, fintechs, and payment providers. $150 Million to Start The initial deployment seeds approximately $150 million in liquidity across two pools on Ethereum mainnet: […]