Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Reddit is reportedly in talks to integrate the Worldcoin Orb for biometric verification, using iris scans to generate a unique IrisCode and establish “Proof of Personhood.” By adopting the Worldcoin Orb, Reddit aims to curb bots, spam, and fake accounts, while offering verified users exclusive features, enhanced community trust and stronger security against automated manipulation. The move underscores growing interest in advanced digital identity solutions within the crypto space. However, centralized storage of biometric data raises privacy and security concerns, including potential breaches and accessibility barriers for users without Orb access. Discussions remain unconfirmed, so traders should monitor Worldcoin (WLD) developments and any official Reddit announcements to gauge possible impacts on market sentiment.

XRP has maintained a firm price floor above $2 despite significant retail profit-taking following the November 2024 rally. Blockchain analytics firm Glassnode reports realized profits peaked at $68.8 million per day on a seven-day moving average, marking over 300% gains for early holders. Most sellers have been retail, while “diamond hands” continue to hold, signaling robust liquidity. Analyst Chad Steingraber suggests the $2 level’s resilience points to institutional accumulation on the horizon. Meanwhile, crypto commentator The Modern Investor highlights XRP’s nascent market phase and reiterates a long-term $100 target over multiple cycles. He warns that buying 10,000 XRP now costs over $21,000, raising barriers for retail newcomers. Despite this, owning just 11,000 XRP places investors in the top 4% globally. The combined insights underscore the value of early entry, steady accumulation, and passive income strategies like staking. Traders should watch on-chain ownership shifts closely, as growing institutional demand could drive further upside.

XRP price slid 4.5% last week and is now trading in a tightening symmetrical triangle, testing the critical $2.10 support zone. This level also aligns with the previous value area low and the 200-day moving average, marking a key support/resistance flip. A breakdown below $2.10 could trigger a liquidity sweep toward lower supports at $2.01, $1.90 and $1.55. Conversely, a strong defense of $2.10 accompanied by rising volume and a push above the recent local high of $2.40 would boost bullish momentum. The daily Relative Strength Index has broken down from a descending trendline, suggesting mounting pressure and imminent volatility. Traders should watch XRP price action around these support and resistance levels, along with RSI signals, for high-conviction entry points.

Everything Blockchain Inc. has committed $10 million to a diversified crypto treasury, acquiring SOL, XRP, SUI, TAO and HYPE. As the first U.S. publicly traded firm to adopt a diversified staking treasury, the company aims to boost liquidity, reduce volatility and generate yield through staking rewards. The portfolio will be periodically rebalanced and guided by governance proposals to maintain target allocations. Locking tokens into staking protocols may tighten secondary market supply and help stabilize prices. Industry experts view this initiative as a blueprint for institutional DeFi adoption in corporate treasuries and a step toward greater capital efficiency and financial resilience.

Deezer has rolled out clear labeling for AI-generated music as part of a new policy to tackle streaming fraud. Approximately 18% of daily uploads—over 20,000 tracks—are now fully AI-generated, and 70% of their streams are deemed fake to manipulate royalty payouts. To protect human artists and maintain platform integrity, Deezer will tag AI content, exclude it from editorial playlists and algorithmic recommendations, and filter out fraudulent streams before royalty distribution. CEO Alexis Lanternier emphasized that transparent AI music detection is vital for a fair streaming ecosystem. This measure follows rising tensions between AI startups and major record labels over copyright and licensing deals. With AI-generated music on the rise, Deezer’s approach may set industry standards for transparency and fraud prevention.

Bitcoin demand momentum has plunged into negative territory as short-term sellers capitulate and long-term holders increase their positions. Trading volume spiked 20% in 24 hours to $47 billion, reflecting both profit-taking and opportunistic buying. A major whale has opened a 20× long position worth $364 million, underlining strong bullish conviction. Meanwhile, the Global Liquidity Index (GLI) has climbed to levels last seen when Bitcoin traded near $100 000, suggesting a potential revisit or breakout above key resistance. Traders should watch the $103 400 support level, sustained high volume, and bullish MACD and RSI crossovers as signals of a possible reversal. Bitcoin is currently trading around $103 693, down 2.2% in the past day with a $2.06 trillion market cap.

The Wyoming Stable Token Committee has set August 20 for the launch of its state-issued WYST stablecoin. Before its public debut at the state’s blockchain symposium, WYST will undergo production testing on up to eleven blockchains: Aptos, Arbitrum, Avalanche, Ethereum, Optimism, Polygon, Sei, Solana, Stellar and Sui. Franklin Templeton will manage the reserves and Chainalysis will provide on-chain analytics. Meanwhile, Binance’s Alpha platform will list DeLorean (DMC) spot trading on June 24 at 19:00 UTC+8, followed by DMC/USDT perpetual futures with up to 50× leverage at 21:00 UTC+8. Bloomberg analysts have raised the odds of SEC approval for most spot crypto ETFs to over 90%, indicating strong institutional appetite. In Europe, Norway plans a temporary ban on high-energy crypto mining to conserve power. On-chain data reveals substantial ETH whale activity, including a leveraged short of 40,000 ETH and large buys by Trend Research. Separately, Paradigm has completed its four-year exit from LDO, netting about $28 million. Other highlights: U.S. political pressure on Fed rate cuts; Texas enshrines a Bitcoin reserve fund; Coinbase secures a MiCA license and moves its EU HQ to Luxembourg; Kraken relocates to Wyoming; and CoinMarketCap patches a front-end wallet-verification exploit.

Elon Musk announced on X that he will deploy Grok 3.5 (potentially dubbed Grok 4), an AI model with advanced reasoning capabilities, to rewrite the entire human knowledge corpus. He plans to add missing data, remove inaccuracies, and retrain the model using this cleaned dataset, citing the prevalence of “garbage” in models trained on unverified sources. Binance CEO Changpeng Zhao (CZ) responded, noting that historical knowledge and perspectives vary across cultures and that this diversity explains why many nations and organizations develop their own AI models. This initiative underscores ongoing efforts in large-scale AI model refinement and knowledge curation.

Nasdaq has approved AGM Group’s request to remain listed on its Capital Market after the blockchain ASIC chip developer received a compliance notice under Listing Rule 5550(a)(2). The notice confirms AGM Group met the minimum bid price requirement, overturning the delisting warning it received in April and following the company’s successful appeal. This decision secures AGM Group’s trading status on Nasdaq and removes uncertainty over its capital market presence.

A team of crypto strategists forecasts the first wave of crypto millionaires emerging by December 2025, driven by institutional adoption, DeFi expansion and high-growth tokens. They highlight six established coins—Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Polygon (MATIC), Polkadot (DOT) and Cardano (ADA)—underpinned by network upgrades, scaling solutions, Web3 integration and Bitcoin’s upcoming halving. Meanwhile, the early-stage meme coin XYZVerse (XYZ) has surged from $0.0001 to $0.003333 across 12 presale stages, raising over 70% of its $15 million goal and targeting a $0.10 listing price. XYZVerse’s tokenomics allocate 15% to liquidity, 10% to community rewards and 17.13% to deflationary burns, bolstered by partnerships with decentralized sportsbook Bookmaker.XYZ and an Ambassador Program. Traders are advised to accumulate positions gradually through dollar-cost averaging, monitor protocol milestones and manage risk. With on-chain applications launching and market capitalization rebounding, these projects blend established networks with high-growth potential for substantial upside by late 2025.

Bitcoin liquidation risk is intensifying after a sharp dip near $10,200 triggered $495 million in forced unwind across crypto derivatives, wiping out 127,000 traders (84% long). Ether fell 4.5% to $2,375, while Solana, Cardano and Dogecoin each dropped 3–5%; Sei bucked the trend, rising 10%. Total crypto market cap slid 2% to $3.2 trillion as volume jumped 40% to $112 billion. Coinglass data now warns that a break above $10,500 could spark roughly $1.23 billion in short liquidations on major CEXs, while a fall below $10,200 may trigger about $800 million in long liquidations. Traders should monitor these Bitcoin liquidation clusters closely for liquidity bottlenecks and key support or resistance levels, as understanding these thresholds is crucial for risk management in leveraged trading.

France is experiencing a sharp rise in violent “wrench attacks” targeting cryptocurrency holders. In Maisons-Alfort, a 23-year-old victim was abducted and forced at gunpoint to unlock his Ledger hardware wallet and hand over €5,000. Police also thwarted a planned kidnapping in Normandy and rescued Ledger co-founder David Balland and his wife from a brutal abduction in central France. These incidents mark at least ten public crypto kidnapping plots in the country. Authorities have arrested over 20 suspects involved in ransom-driven attacks on crypto entrepreneurs and their families. The trend isn’t limited to France: similar crimes surfaced in the U.S., India, Hong Kong, Spain and the Philippines. Experts warn that without stronger security and regulation, the growth of digital assets could be overshadowed by crime, undermining confidence in decentralized finance.

On June 20–21, 2025, CoinMarketCap suffered a security breach when malicious JavaScript code—embedded via a compromised third-party doodle image from an ad network—triggered a phishing pop-up prompting users to "Verify Wallet" and approve ERC-20 token transfers. Within three hours, CoinMarketCap removed the unauthorized script, warned users not to connect their wallets, and confirmed no funds were lost. Wallet providers MetaMask and Phantom flagged the site as unsafe. This incident underscores the risks of external content integrations, the need for continuous monitoring, rapid response protocols, and heightened user vigilance to safeguard platform integrity. The CoinMarketCap security breach highlights a growing threat to DeFi and token approval processes across crypto ecosystems.

On-chain data from EmberCN reveals that Trend Research, a unit of LD Capital, holds 64.25% of memecoin NEIRO via 13 wallets. These wallets contain NEIRO tokens worth $55.7 million and 173,000 ETH used for acquisitions. Between March 24 and May 30, they withdrew large NEIRO amounts from Bybit and Gate.io, coinciding with NEIRO’s price rising sixfold from $0.0165 to $0.1155. EmberCN attributes this rally largely to their buying activity. LD Capital founder JackYi asserts all purchases were made on secondary markets with real funds and denies unethical behavior. This high concentration of supply in one entity underscores significant whale risk for NEIRO traders. *This is not investment advice.*

Komainu, backed by Nomura, CoinShares and Ledger, is accelerating its global expansion in crypto custody through targeted acquisitions. The firm aims to become a leading non-US digital asset custodian by acquiring licensed entities in key markets. Its purchase of Singapore’s Propine provides an immediate foothold in Asia under a clear regulatory framework. Komainu manages over $10 billion in assets and recently closed a $75 million funding round. The team will grow from 70 to 120 staff by year-end to integrate acquisitions and scale operations across Europe, Asia and beyond. This strategy leverages local expertise, speed to market and regulatory diversity. While regulatory complexity, integration risks and market competition remain challenges, rising institutional adoption and expansion into new asset classes present significant opportunities for Komainu’s custody business.

1confirmation创始人Nick Tomaino在社交平台X上表示，如果将以太坊生态视为“新美国”，那么各大去中心化协议就像美国重要机构：Uniswap相当于纽约证券交易所，Aave相当于美国银行，Polymarket相当于《纽约时报》，Opensea和其他NFT项目相当于迪士尼，SuperRare像现代艺术博物馆MoMA，Nexus Mutual则类似保险公司State Farm。Tomaino的比喻强调了以太坊生态的多元化与规模，以及DeFi和NFT项目在整个区块链行业中的核心地位。

Remittix, a recently launched crypto token, is facing community backlash after multiple Reddit threads revealed that early investors and airdrop participants never received their REMX tokens. The project’s pre-sale, which raised over $2 million through a tiered investment model, promised token distributions two weeks post-launch. However, users report unfulfilled token claims and unanswered support tickets. Key issues: - Raised Funds: $2.1 million in pre-sale from over 3,500 wallets - Distribution Delay: Tokens supposed to be delivered 14 days after launch - Community Response: Over 120 complaints on Reddit, Twitter hashtags #RemittixScam trending - Team Communication: Sparse updates; roadmap milestones remain unverified Impact on Traders: The missing distributions have eroded confidence in Remittix’s governance and tokenomics. Traders may view the project as high-risk or potentially fraudulent, leading to sell-pressure on secondary listings or hesitation to participate in future rounds. Remittix’s reputation will hinge on transparent communication and expedited token claims to restore market trust. Primary Keywords: Remittix, token distribution, crypto presale Secondary Keywords: airdrop issues, Reddit complaints, REMX token

The US Senate has passed the GENIUS Act, introducing a bipartisan stablecoin regulation framework that requires dollar-backed reserves and encourages bank participation in issuing USDC and USDT. This law elevates stablecoin regulation and could reinforce the dollar’s global strength. Separately, hacktivist group Gonjeshke Darande claims Israel-backed actors stole and burned $90 million in tokens from Iran’s Nobitex exchange, underscoring growing geopolitical cyber risks in crypto. Meanwhile, Canada’s securities regulator approved Purpose Investments’ XRP ETF—making it the second jurisdiction after Brazil to offer a regulated XRP fund. Analysts now assign a 95% probability of US ETF approval, suggesting accelerated institutional adoption. These developments combine clearer regulation, heightened market security concerns, and expanding institutional interest to drive bullish momentum in the crypto sector.

Major cryptocurrency whales from Solana (SOL), XRP (XRP), Avalanche (AVAX) and Polkadot (DOT) are redirecting capital into the community-driven memecoin XYZVerse. The project’s presale has raised over $14 million toward its $15 million cap, now in stage 12 at $0.003333 per token, with prices set to rise to $0.005 in stage 13. XYZVerse’s tokenomics allocate 15% to liquidity, 10% to community rewards, 17.13% to deflationary burns and 10% of its 100 billion supply for airdrops. The team has launched an ambassador program and partnered with a decentralized sportsbook platform, offering exclusive betting bonuses. A listing on major centralized and decentralized exchanges is planned post-presale. Traders should weigh the high-risk, high-reward narrative of XYZVerse against established altcoin fundamentals as whale interest signals growing bullish momentum.

Taiwan’s central bank governor Yang Chin-long cautioned that the US government’s rising budget deficit, fueled by President Trump’s tax cuts and tariff policies, is undermining global trust in US Treasury bonds. Taiwan holds over 80% of its $593 billion reserves in Treasuries. Foreign holdings at the New York Fed have fallen by $63 billion since March, signaling declining demand. Yang warned that a projected $2.8 trillion deficit increase over the next decade and continued trade tensions threaten the dollar’s reserve status and financial market stability. While Taiwan still deems US bonds “sound,” it urged Washington to rein in debt growth and trade disputes to sustain confidence.

Following the U.S. Senate’s June 17 passage of the GENIUS Act to regulate the $260 billion stablecoin market, gold advocate Peter Schiff took to X (formerly Twitter) to criticize USD stablecoins. Schiff argued that fiat currency suffers from inflation and deficits, making it a poor collateral choice. He announced plans to launch his own gold-backed token—despite existing products like XAUT and PAXG—citing greater reliability and true value preservation. Online reactions ranged from mocking his shift in stance on Bitcoin to urging him to adopt existing gold tokens. Schiff maintained that understanding Bitcoin doesn’t equate to owning it and defended his new project against fiat-pegged alternatives.

A blockchain analytics platform, Onchain Lens, has identified a wallet linked to the wiftardio.sol address that withdrew 2 million USDC from Bybit and purchased 2.125 million FARTCOIN tokens at $0.94 each. This on-chain whale purchase of FARTCOIN marks a notable memecoin buy with a total value of approximately $2 million. The transaction highlights renewed interest in high-risk, high-reward tokens, driven by whales deploying stablecoins like USDC to capitalize on memecoin volatility. Traders should watch FARTCOIN’s price action following this significant inflow, as similar whale buys have triggered short-term price spikes. Key metrics: 2,125,000 FARTCOIN acquired, USDC stablecoin used, price per token at $0.94.

Glassnode reports a significant slowdown in Bitcoin’s on-chain activity, with daily transactions falling to 320,000–500,000—the lowest level since late 2023. While transaction counts have halved from the 2024 peak of 734,000, average transaction size has grown to $36,200, indicating whale and institutional dominance. Transfers over $100,000 now represent 89% of volume, up from 66% in 2022. Miner fees have plunged to roughly $500,000 daily, an 18-month low. Off-chain trading outpaces on-chain volume by 7–16x: futures average $57 billion per day, spot $10 billion. Open interest in futures and options stands at $96 billion, nearly nine times 2020 levels, and stablecoins have become primary collateral. This shift underscores a maturing market structure, with smaller retail activity moving off-chain.

Coinbase has secured a MiCA license from Luxembourg’s financial regulator, granting it unified access across the 27 EU member states plus Iceland, Liechtenstein and Norway. This regulatory milestone simplifies compliance under the EU’s Markets in Crypto-Assets framework, boosting investor confidence and paving the way for broader adoption. As Coinbase establishes its European HQ in Luxembourg, traders are turning to high-potential altcoins in presale mode. Key projects include Solaxy (SOLX), a Solana Layer-2 solution with Ethereum bridging; Best Wallet Token (BEST), powering a Web3 wallet ecosystem with VIP perks; and Neo Pepe (NEOP), a governance-driven meme token on Ethereum. Each offers early entry before open-market launches, making them prime picks in the post-MiCA era.

Nakamoto Holdings, led by Trump crypto adviser David Bailey, completed a $51.5 million private placement in public equity (PIPE) at $5.00 per share in under 72 hours to fund its Bitcoin treasury strategy. The PIPE financing proceeds will primarily buy additional Bitcoin reserves, with the remainder covering working capital and operations. This capital raise aligns with Nakamoto’s planned merger with Nasdaq-listed healthcare services firm KindlyMD (NAKA), approved by shareholders and expected to close in Q3 2025 after SEC filings. Since its launch in early 2025, Nakamoto’s Bitcoin treasury strategy has mirrored a broader institutional adoption trend, with 27 public companies adding BTC to their balance sheets in June alone. Firms like Norwegian K33 and a European buyer are also expanding corporate BTC reserves. However, Standard Chartered warns that a BTC price drop below $90,000 could trigger forced liquidations and amplify volatility. Traders should watch how Nakamoto’s aggressive Bitcoin treasury strategy and upcoming merger impact short-term price swings and long-term demand dynamics.

Cardano plans to deploy its 1.7 billion ADA treasury into stablecoins and Bitcoin to attract deep DeFi liquidity. Researcher Andrew Throuvalas advocates allocating funds to major Cardano protocols—Minswap, Liqwid Finance and Indigo—to build large stablecoin pools and enable BTC holders to borrow against Bitcoin. He further suggests converting part of the treasury into BTC to pay yields directly in Bitcoin, mirroring Babylon’s mechanism that has already attracted over $4.5 billion in BTC. With 110 million transactions and 22 billion ADA staked across 3,000 pools, Cardano’s secure, Bitcoin-like architecture positions it to capture a potential $2 trillion Bitcoin DeFi market. However, it must quickly fill gaps in stablecoin liquidity and compete with ecosystems like Arbitrum. Successful treasury deployment could solidify Cardano as a premier hub for Bitcoin DeFi and drive long-term demand for ADA.

Fundstrat head analyst Tom Lee has doubled down on his bullish stance, urging crypto traders to “HODL $BTC $ETH” amid growing utility for both assets in 2025. Lee, known for his multiyear Bitcoin price targets, highlighted a looming supply squeeze with 95% of Bitcoin mined and expanding demand from retail and institutions. He also pointed to the recent passage of stablecoin regulation—the “Genius Act”—which enhances Ethereum’s role as the primary stablecoin platform. Traders are advised to maintain positions in Bitcoin and Ethereum to capitalize on long-term growth drivers.

Russian President Vladimir Putin announced at the St. Petersburg International Economic Forum that mutual trade among BRICS members has surpassed $1 trillion and continues to grow. He highlighted that the bloc now represents 40% of global GDP and is expanding through partnerships in the Global South. Discussed areas of cooperation include aviation, nuclear power, robotics, AI, IT and advanced materials, with an open-membership policy for countries aligned on shared goals. On Russia’s domestic front, Putin noted a shift away from oil and gas exports toward deeper economic ties with China and India, aiming for “higher quality, more complex” growth. He warned against recession risks and emphasized technological sovereignty and civilian-defense industry integration. The forum underscored Russia’s pivot toward Asia and Africa amid Western disengagement.

Binance will list the DeLorean (DMC) token on its Alpha spot testing platform at 11:00 UTC on June 24, followed by the launch of the DMC/USDT perpetual futures contract with up to 50× leverage at 13:00 UTC the same day. As the native token of DeLorean Labs—an on-chain ecosystem merging blockchain with the electric vehicle industry—the DMC token aims to boost liquidity and market access for traders. The dual listing could drive short-term volatility and higher trading volumes, while expanded liquidity on Binance’s leading platforms may support longer-term price discovery for DMC token.