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Crypto Market Update: Binance Faces Looming MiCA License Rejection

Crypto Market Update: Binance Faces Looming MiCA License Rejection

Here’s a quick recap of the crypto landscape for Wednesday (June 17) as of 11:00 p.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.


Bitcoin (BTC) was priced at US$64,178.02, down by 2.1 percent over the past 24 hours.

Bitcoin price performance, June 17, 2026.

Bitcoin price performance, June 17, 2026.

Chart via TradingView.

Simon-Peter Massabni, head of business development at XS.com, told the Investing News Network that Bitcoin is in a consolidation phase as investors adopt a cautious stance amid uncertainty regarding global developments:

“One of the main factors influencing BTC’s performance is the progress of negotiations between the United States and Iran. The announcement of a preliminary peace agreement…

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