Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

SUI/USDT weekly chart has formed a symmetrical triangle and a falling wedge, signaling coiling price action ahead of a potential breakout. After a 37% drop from May highs, SUI is holding key support between $2.70 and $3.00. A false breakdown below the triangle may be a bull trap, and reclaiming the $2.90 resistance could pave the way to $3.50. A confirmed wedge breakout might propel SUI toward $4.50–$5.00, while a failure to hold $2.70 would expose $2.00. On the 1-hour chart, price stabilizes above the 5, 10 and 20-hour moving averages; RSI is rising from oversold and MACD nears a bullish crossover. Strong DeFi volume growth (up 19% to $45 billion) underpins improving fundamentals. Traders should watch for momentum back into the triangle and breaking key levels for entry signals.

Ethereum staking has climbed above 35 million ETH, representing 28.3% of circulating supply and roughly $84 billion locked. Growth is driven mainly by large wallets holding 1,000–10,000 ETH and long-term accumulation addresses. Analysts highlight four key impacts: tighter ETH liquidity that may support price gains; a decline in staking reward rates as more ETH locks up; enhanced network security under proof-of-stake; and rising institutional and regulatory backing, bolstered by the SEC’s 2024 stance on protocol-level staking and the prospect of spot staking ETFs. Centralization risk persists, with Lido controlling about 25% of staked ETH and Coinbase and Binance holding 7.5% each. Meanwhile, Ethereum core developers have finalized the Fusaka upgrade scope—13 EIPs including PeerDAS (EIP-7594) and the CLZ opcode (EIP-7939)—and scheduled Devnet 2 for June 23 to boost throughput, cut gas costs, and strengthen network resilience.

Dogecoin (DOGE) experienced an 8% intraday decline from $0.164 to a low of $0.151 amid macroeconomic uncertainty and geopolitical tensions. A surge in trading volume to 828 million DOGE at the low marked a capitulation point, establishing strong support at $0.151. Buyers stepped in immediately, driving a recovery to $0.157 and forming higher lows. Technical indicators show a positive MACD crossover and neutral RSI around 48, suggesting room for further upside. Immediate resistance lies at $0.157–$0.160, while a close above $0.160 could confirm a bullish breakout. This V-shaped recovery signals renewed retail interest in DOGE and may attract short-term traders seeking quick reversals.

Mutuum Finance is dominating DeFi headlines with its fifth presale phase, having raised $10.9 million at a token price of $0.03. Over 12,300 investors have joined, securing an immediate 100% return when MUTM lists at $0.06. The project combines two lending models—Peer-to-Contract smart contracts for automated USDT yields and Peer-to-Peer agreements for custom loan terms—offering both passive income and full user control. Supported by a CertiK audit, Mutuum Finance has also launched a $100,000 giveaway and a live leaderboard, boosting engagement with token rewards for early supporters. Some analysts predict MUTM could surge to $2.50 during the next bull run, making it one of the top cryptocurrencies to watch before the weekend.

Crypto commentator Remi Relief has reiterated on Twitter that XRP, along with XLM, XDC and HBAR, will underpin a new financial system, potentially replacing the Federal Reserve once the “Trump-Powell show” ends. He cites a 1992 film, Sneakers, which features a fictional “XRP-262” Federal Reserve transfer node, as hidden symbolism pointing to XRP’s future role. Relief escalates his price target from $10,000 to $100,000 per XRP, projecting a 480,600% rally. He links these assets to major infrastructures—FedNow, DTCC and SWIFT—claims they employ Byzantine Fault Tolerance consensus, and urges followers to move funds into cold wallets like Tangem. While lacking official confirmation, his bold narrative continues to drive speculative interest in XRP-centric communities.

Developers of the TRUMP memecoin transferred 3.5 million tokens (worth $32.8 million) to Binance minutes ago, according to on-chain data. Since April 28, they have moved a total of 12.54 million TRUMP tokens (approximately $150.7 million) in four batches to various exchanges. The project’s circulating supply stands at 200 million of 1 billion tokens, with the remainder locked in developer wallets. Current market value of TRUMP memecoin is about $1.8 billion, down from a peak of over $9 billion. Traders should watch for potential sell pressure as developers offload large token holdings.

VIRTUAL fell 12.03% over the past 24 hours, dropping from $1.56 to $1.37 after Aerodome LPs sold $7.3 million of the AI token and Bybit funding rates turned sharply negative at -6.0%. Spot trading volumes declined to $680,000 in 24 hours, while active addresses on decentralized exchanges fell to a monthly low of 1,600. The sell-off coincided with heightened geopolitical tensions following U.S.–Israel airstrikes on Iran, amplifying bearish sentiment. Despite a 106% gain on the 90-day Altseason Index, VIRTUAL’s downtrend shows weakening investor confidence. Analysts warn that if selling persists, the token’s position on major indices may slip further and prices could test lower support levels in the coming sessions.

As meme coins surge in popularity, four tokens—Little Pepe (LILPEPE), BONK, Pudgy Penguins (PENGU) and Dogwifhat (WIF)—stand out for potential massive gains. LILPEPE, currently in its third presale at $0.0012, has raised $1.3 million and plans a Layer 2 blockchain and launchpad for meme tokens. BONK on Solana trades at $0.00003175 with a $1.14 billion market cap, backed by a 60% April rally and 1.69 trillion token burn in 2024. PENGU combines NFT heritage with a $2.69 billion market cap at $0.009392, buoyed by partnerships with Lufthansa and Walmart. Dogwifhat trades at $0.78 on Solana with an $800 million market cap, recovering 150% in 30 days despite a 41% monthly drop. Analysts forecast year-end jumps of 1,500% for BONK, 800% for PENGU and WIF, and multi-thousand-percent returns for LILPEPE. Traders seeking high-risk, high-reward opportunities may find these four meme coins ripe for late-cycle entry.

Crypto strategist DonAlt, known for calling the 2022 Bitcoin (BTC) bottom, identifies a gold-like consolidation pattern forming beneath $110,000. He highlights parallels with gold’s 2024 resistance tests around $2,100, where repeated false breaks preceded a sharp parabolic surge. According to DonAlt, Bitcoin’s stalled trading near $110K mirrors that pause, suggesting a similar explosive rally to new all-time highs once resistance finally yields. At writing, BTC trades at $102,114, while gold stands at $3,368. Traders should watch for multiple resistance tests, false breakouts, and tightening ranges — key signs that a parabolic breakout could be imminent. This gold comparison offers a framework for anticipating Bitcoin’s next major move and informs trading strategies, emphasizing risk management ahead of potential volatility.

Jetking, a 77-year-old Indian electronics and IT-training brand, has pivoted to holding Bitcoin as a treasury asset after pandemic-era revenue losses. CFO Siddarth Bharwani explains that the firm follows a “never sell Bitcoin” policy to avoid India’s 30% crypto tax, reporting valuation changes as revaluation reserves rather than taxable gains. Jetking plans to hold 210 BTC by end-2025. To address regulatory concerns, all Bitcoin purchases are made through FIU-registered exchanges and stored with institutional-grade custodians under strict KYC/AML checks. The company advocates for graded capital gains tax, loss carry-forward, and GST clarity for crypto held purely as reserves.

Over the past three days, dormant 2017 Bitcoin addresses have moved about 801.6 BTC (≈$83 million) after price dipped from $108,990 to $103,000. On June 22, a major Bitcoin whale transferred 400 BTC (≈$40.6 million) to Binance. Since April 3, this whale has offloaded around 6,900 BTC (≈$6.26 billion), retaining 3,100 BTC (≈$3.18 billion). Such large Bitcoin on-chain transfers by whales and long-inactive addresses can impact liquidity and market sentiment. Traders should monitor further whale activity for signals on short-term price momentum.

Hamster Kombat has rolled out its June 21 Daily Combo and Cipher challenges on Telegram, offering players strategic card-based tasks and a Morse-code puzzle to earn Hamster Coins and in-game bonuses. To participate, users select and upgrade three cards in categories like Markets, PR & Team, Legal or Specials, then submit their combo to claim rewards. The daily cipher puzzle, featuring the word “JAZZ,” must be input via precise dot-and-dash taps. Engagement in these events boosts a player’s standing ahead of the summer 2025 airdrop, which will distribute 15% of the total $HMSTR token supply to active users. Built on the Hamster Network, a Layer-2 blockchain on TON processing over 34,000 TPS, Hamster Kombat ensures low fees and fast gameplay. Completing the Daily Combo and Cipher on June 21 maximizes reward potential and increases chances of securing a significant share of the upcoming $HMSTR airdrop.

Dropee, a Web3 tap-to-earn platform, continues to boost user engagement with its daily quiz format. The Question of the Day on June 21 asked users to identify Bitcoin’s maximum supply—21 million BTC—reinforcing core crypto education. By answering correctly, participants earn bonus tokens atop regular tapping rewards. As Dropee prepares for its native $DROPEE token launch, the platform confirmed a total supply of 1 billion tokens, with 10–15% reserved for active users via airdrops and 20% allocated for liquidity on exchanges. Expected launch price ranges between $0.01 and $0.025. This blend of quiz-based learning and tangible rewards demonstrates Dropee’s strategy to lower entry barriers and drive daily engagement. Crypto traders should note the platform’s incentive model and upcoming $DROPEE token metrics, which could influence short-term user-driven demand and highlight new earning avenues in the evolving tap-to-earn sector.

Despite Bitcoin’s price hovering around $100,000 and nearing its all-time high of $111,700, on-chain metrics have slipped into levels typically seen in bear markets. Daily transactions have fallen from over 730,000 in early 2024 to between 320,000 and 500,000. Non-monetary activity such as Inscriptions and Runes has declined sharply, leaving monetary transfers steady but overall network usage subdued. Average on-chain volume remains $7.5 billion per day, peaking at $16 billion, with an average transaction size of $36,000—signalling dominance by institutional players. Retail transactions under $1,000 now account for less than 1% of total value, down from about 4%. Miner fee revenue has dropped to $558,000 daily, reflecting weaker block-space demand. Meanwhile, off-chain trading surges: spot volumes exceed $10 billion per day, futures average $57 billion (peaking over $120 billion), and options handle $2.4 billion daily. These dynamics highlight a shift away from retail engagement toward large institutions, potentially raising questions about market resilience as on-chain activity wanes.

Fartcoin’s price dropped 9.14% to $0.8335, testing the critical 200-day Exponential Moving Average (EMA) support. Over the past week, the Solana-based meme coin has sunk 27.75% while trading volume fell 31.81% to $162.64 million. Technical indicators signal strong bearish momentum: the MACD histogram is deepening its red bars, while the RSI at 21.35 points to an oversold condition that could spark a short-term relief rally. Immediate resistance sits at $0.90–1.00, but a breakdown could push prices to $0.645 or lower. An impending death cross between the 50- and 200-day EMAs may further accelerate selling. Whale activity remains high: a major holder sold 2.18 million FART to book $251,000, amplifying volatility. With Bitcoin (BTC) and Ethereum (ETH) also under pressure, the token must reclaim $1.20 to avoid extended downtrends.

Byreal, an onchain liquidity layer for real assets, officially launched with strategic backing from Bybit and the Solana Foundation. The platform aims to reset DeFi by focusing on authenticity, deep liquidity, and a builder-first ethos. It introduces three flagship products on Solana: a smart-routing DEX offering gasless, zero-slippage trades; Reset Launch, a fair and transparent IDO launchpad; and Revive Vault, integrated yield strategies including bbSOL vaults. Byreal’s testnet is live now, with mainnet slated for late Q3 2025. Founders emphasize CEX+DEX integration to bridge centralized execution with DeFi values, targeting professional and retail participants with institutional-grade tools and blue-chip asset access.

A whale linked to the wallet “wiftardio.sol” withdrew $2 million in USDC from Bybit and purchased 2.125 million Fartcoin (FARTCOIN) at $0.94 just before $5.99 million in Fartcoin long positions were liquidated on June 20. In the same period, only $921,000 in shorts were wiped out. Following the move, Fartcoin’s price fell 9.49% to $0.9359, while Open Interest (OI) dropped 9.74% to $557.44 million. Spot net outflows totaled $79,300 on June 21, indicating profit-taking rather than accumulation. Funding rates across exchanges remain neutral to slightly negative, reflecting trader indecision. Dense liquidation clusters between $0.95 and $1.00 now act as resistance, and price continues to trade below key Fibonacci and trendline support near $0.915. The whale’s purchase appears to be a liquidity trap, extracting profit before a broader sell-off. Unless bulls retake $1.05 with conviction, Fartcoin faces further downside pressure.

Edoardo Farina, founder of Alpha Lions Academy, warns that 99% of XRP holders may sell prematurely due to financial pressures such as inflation, rising living costs, automation-driven layoffs and debt burdens. He highlights that holding even modest XRP positions—1,000 XRP costs over $2,100—has become increasingly difficult. To stay in the top 1%, Farina advises against selling XRP to cover everyday expenses, urging investors to seek alternative income sources like remote work, relocate to lower-cost regions, and use smartphones for side income. His core message emphasizes adaptation and resourcefulness to maintain long-term holdings and benefit from a potential surge in XRP’s price.

Crypto commentator Cobb highlights a symmetrical triangle pattern on XRP’s monthly chart, calling it "one of the most beautifully painted bullish macro charts in all of crypto." He argues that traders are overly focused on Bitcoin, overlooking XRP’s consolidation since late 2024. Cobb forecasts a breakout by end-2025, predicting "face-melting" gains and sideline tears. Historical data shows symmetrical triangles often lead to trend continuation, supporting targets as high as $10 or more. Even Bitcoin advocates like Davinci Jeremie now foresee XRP hitting $24 by year-end. Cobb warns that swift upside moves could catch many off guard but reward those who recognize the setup early.

A sophisticated OTC crypto scam on private Telegram channels duped traders out of over $50 million between November 2024 and June 2025. Fraudsters offered steeply discounted deals—up to 50% off market rates—on high-liquidity altcoins like SUI, NEAR, SEI and Axelar (AXL), using fake vesting schedules and on-chain transfers to build credibility. Despite warnings from the SUI team and MultiversX co-founder Lucian Mincu, distributions continued until June 1. On June 19, broker Aza Ventures confirmed the scheme as a $50 million Ponzi fraud orchestrated by “Source 1,” an Indian national and Binance-listed project founder. Blockchain analysts later accused Ravindra Kumar of Self Chain, who denies involvement. The scam sent SUI, NEAR and AXL prices down by 4–4.8% in 24 hours, though SEI gained 5%. Traders should exercise heightened due diligence on OTC crypto offers and community endorsements to mitigate similar risks.

On a recent podcast, real-estate mogul and crypto advocate Grant Cardone described Bitcoin treasury companies as the “new gold rush” for investors seeking alternative stores of value. Citing major public firms like MicroStrategy (MSTR), Riot Platforms (RIOT) and Marathon Digital (MARA), he praised their strategy of accumulating large Bitcoin holdings on corporate balance sheets. Cardone argued that these companies offer retail and institutional investors a more accessible way to gain BTC exposure through traditional equity markets rather than direct cryptocurrency purchases. He highlighted MicroStrategy’s accumulation of over 200,000 BTC as proof of long-term confidence in Bitcoin’s store-of-value thesis. Cardone also advocated for more U.S. listed Bitcoin ETFs to improve liquidity and broaden market participation. His remarks come amid growing institutional interest in crypto, as companies hedge against inflation and diversify reserves.

XY Miners has introduced a cloud mining service tailored for XRP investors, promising up to 2,800 XRP in daily returns without the need to buy hardware. By leveraging distributed green-energy farms in regions like Iceland, Kazakhstan and Canada, the platform offers flexible contracts ranging from one to 50 days, transparent pricing with no hidden fees, and multiple cryptocurrency deposit and withdrawal options (BTC, ETH, DOGE, SOL, USDC, LTC, USDT, XRP). New users receive a $15 sign-up bonus and daily 0.5¢ login rewards, while an affiliate program provides up to 3% plus 1.5% referral commissions. Users simply connect their wallet to start mining and can withdraw or reinvest earnings each day. The service is designed for both novice and experienced miners seeking passive income, backed by cold-wallet fund security and an intuitive interface.

Following a U.S. strike on Iran’s nuclear facility, Iran’s Revolutionary Guard launched multiple missile and drone barrages against Israel, triggering air-raid sirens in Tel Aviv and other cities. Hours later, Israel’s Air Force conducted its first direct strike inside western Iran since the U.S. attack, destroying missile launchers and targeting IRGC units preparing additional launches. The escalating Middle East conflict has intensified geopolitical risk and spurred risk-off sentiment across global markets. Crypto traders should prepare for heightened volatility in Bitcoin and other digital assets, as investors may shift toward safe-haven positions followed by potential short-term selling pressure.

The stablecoin market continues its rapid growth, surpassing $250 billion in total supply and expanding 76% year-on-year to $224.9 billion. USDT and USDC maintain overwhelming dominance, accounting for over 86%–93.5% of circulation. Meanwhile, newcomer Ethena nears $6 billion, and at least ten issuers exceed $100 million. Commodity-backed tokens climbed 67.8% to $1.9 billion—driven mainly by gold price gains—while TradFi entrants PYUSD and EURCV struggle to gain traction. Tokenized treasuries proved the fastest-growing real-world asset, surging 544.8% to $5.6 billion, with BlackRock’s BUIDL capturing 44% of that segment. Over $120 billion in U.S. Treasuries are locked in stablecoins, highlighting their role as a liquidity sink. On Layer-2 chains, Base’s stablecoin supply remains steady for centralized exchange custody, whereas Arbitrum sees DeFi-centric growth led by USDC/USDT flows via HyperliquidX and Base lending led by Morpho Labs. Divergent usage—USD focus on Arbitrum versus EURC trading on Base—underscores a maturing, multifaceted stablecoin ecosystem.

Blockchain investigator ZachXBT has accused the decentralized Bitcoin bridge platform Garden Finance of laundering stolen funds linked to major hacks, including the $1.4 billion Bybit breach and Lazarus Group attacks. Analysis shows over 80% of its recent $300,000 in fees may derive from illicit sources. ZachXBT highlighted single-entity control of cbBTC liquidity, undermining Garden Finance’s decentralization claims. Co-founder Jaz Gulati defended pre-hack fee revenue but failed to address connections to the WazirX hack. The revelations cast doubt on Bitcoin bridge security and could erode trust in similar DeFi protocols.

Bitcoin RSI has fallen to 39.5, reflecting weakening bullish momentum as price hovers near $103,900 below the 25- and 50-hour SMAs. Trading volume remains low at 387 versus a 590 average, underscoring weak conviction. A breakdown below the $100,000 support zone could trigger a rapid drop toward $96,000, aligned with the November 2024 point of control and the 200-day EMA. Weekend thin liquidity and a low-volume gap between $102K–$100K increase downside risk. Key levels to watch include resistance at $106,525, initial support at $102,345, then $100,000 and $96,000. Traders should monitor for a surge in volume or a decisive breakout before positioning for further moves.

Hacken’s HAI token suffered a major security breach after an attacker likely accessed the deployer’s private key and minted 251 million new HAI tokens on Ethereum and BNB Chain. This unauthorized mint triggered a 55% price crash, pushing HAI from around $0.026 down to $0.009 and driving the RSI into oversold territory. On-chain data showed the exchange supply doubling from 10.36 million to 21.77 million tokens in 24 hours, signaling heavy sell-side pressure. The Net Exchange Flow recorded a 64 million token inflow, further confirming market panic and weak order book absorption. Hacken’s developers have launched an internal investigation and urged users to halt all bridging. Traders should exercise caution amid this HAI token breach and fragile market confidence.

CoinMarketCap experienced a security breach when a malicious wallet popup appeared on its website, urging users to “Verify Wallet.” The popup was injected via an external partner integration and aimed to trick users into connecting their crypto wallets, exposing them to potential fund theft. CoinMarketCap’s security team detected and disabled the rogue feature within hours, removing the malicious popup and conducting a full security audit. An official update on X confirmed that no user funds were stolen. The incident highlighted the risks posed by third-party integrations in the crypto industry. In response, CoinMarketCap tightened third-party vetting, expanded real-time monitoring, and reinforced its platform security protocols. Users were also advised to double-check wallet connection requests and verify website URLs to guard against phishing attacks. This swift response and transparent communication helped restore user trust. The event underscores the importance of robust cybersecurity measures and vigilant monitoring in the rapidly evolving crypto environment.

Ripple Labs and the U.S. Securities and Exchange Commission jointly filed a motion on June 17 asking Judge Analisa Torres to approve a settlement that would end their long-running lawsuit over XRP sales. The proposed agreement keeps the prior court judgment intact but reduces financial penalties, minimizes appellate risk and conserves judicial resources. Ripple highlighted the SEC’s creation of a dedicated crypto task force and its evolving approach to digital-asset regulation. Meanwhile, Mutuum Finance’s presale (MUTM) is in Phase 5 at $0.03 per token—a 200% increase from the initial $0.01 price. Over $10.9 million has been raised, more than 560 million MUTM tokens sold and 12,300 holders onboard. Phase 5 is 40% filled; Phase 6 will raise the price to $0.035. Mutuum Finance promises a 100% guaranteed return at public launch ($0.06), backed by an 80% security score from a CertiK audit and no recent vulnerabilities. The project offers decentralized finance loans, a top-holder leaderboard with bonus rewards and a $100,000 MUTM giveaway for presale participants. This dual development—potential closure of the XRP lawsuit and rapid MUTM presale growth—could reshape short-term capital flows and trader focus in the crypto market.