Europe

Natural gas traders are watching whether intense heat across the southern two thirds of the United States and stronger LNG feedgas demand are tightening storage enough to sustain the latest rally. Production remains elevated, and more Permian supply is set to reach Henry Hub as summer cooling demand begins to fade.

Natural gas futures remain pinned between strong overseas LNG pricing and a domestic supply backdrop that still favors sellers. Export maintenance has limited the ability of U.S. terminals to answer global demand, while Lower-48 output remains elevated.

September natural gas futures are drawing support from summer power demand and resilient LNG export expectations. However, inventories remain above the five-year average, leaving rallies exposed unless heat broadens and storage builds tighten further.

Binance has pulled its MiCA license application in Greece after delays and regulatory uncertainty forced it to pause some services for EU users. The exchange says it remains committed to Europe and is still pursuing a path back into the bloc’s regulated framework.

Coinbase and OKX moved quickly to attract Binance users in Europe after Binance warned it would restrict certain services without a MiCA license by July 1. Both exchanges are dangling bonuses and transfer incentives to win over traders seeking regulated alternatives.

Coinbase and OKX moved fast to attract Binance’s European users after Binance said it would suspend some services in the EU without a MiCA license. Both exchanges are offering incentives, underscoring how regulation is reshaping the regional crypto market.