Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

On June 21, U.S. Presidential Special Envoy Richard Grenell publicly urged Elon Musk to activate SpaceX’s Starlink satellite internet for free in Iran within the next few weeks. Writing on X, Grenell highlighted that his contacts in Iran currently lack reliable information channels. He offered to personally fund the service and suggested others would contribute as well. The appeal reflects ongoing U.S. efforts to support information access in sanctioned regions. While not directly tied to cryptocurrency markets, increased Starlink connectivity could indirectly facilitate blockchain communication and decentralized finance activities in Iran.

US forces launched precision strikes on Iran’s Fordow, Natanz and Isfahan nuclear facilities, prompting a short-lived dip in cryptocurrency prices. Iran says prior evacuations minimized damage. Meanwhile, Texas Governor Greg Abbott signed SB 21, making Texas the third US state—after Arizona and New Hampshire—to create a dedicated Bitcoin reserve managed by the state auditor, insulated from general funds. Ark Invest sold 609,175 shares of Circle (CRCL) on June 20, netting approximately $243 million over three transactions. Binance Alpha and its derivatives platform will list Humanity Protocol (H) on June 25, offering up to 50× leverage and token airdrops for qualified users. Other highlights include US Treasury Secretary Janet Yellen’s view that stablecoins can bolster dollar dominance, an 18.4% week-on-week drop in NFT volumes led by a 32.2% decline on Immutable, and notable on-chain moves: a TRUMP token wallet transferred 3.527 million TRUMP to Binance, and a whale converted $30 million USDC into 13,498 ETH.

Bitcoin price prediction gets a bullish long-term boost from Michael Saylor, who updated his target from $13 million in 2045 to $21 million by 2046. He credits U.S. policy shifts—Donald Trump’s win and a White House crypto reserve stance—plus new bills like the Genius Act and Bitcoin Act for clearer regulation. However, on-chain liquidity has plunged, signaling possible short-term volatility. CryptoQuant data show realized price—holders’ average cost basis—rising steadily since early 2024, underlining sustained confidence. Technically, BTC is consolidating above key Fibonacci support levels at $107,784 (0.236 retracement) and $102,837 (0.0 retracement). If bullish momentum returns, the 1.618 extension at $119,341 is the next upside target. Traders should integrate this Bitcoin price prediction into their strategies while monitoring liquidity risks and price action around support zones.

Nakamoto Holdings has completed a rapid $51.5 million PIPE funding round to bolster its Bitcoin treasury strategy. The funds, raised in under 72 hours at $5 per KindlyMD share, will primarily finance additional BTC purchases and support general corporate needs. This capital injection follows a proposed merger with Nasdaq-listed healthcare firm KindlyMD, approved by KindlyMD shareholders in May, to form a Bitcoin-focused financial entity trading under the ticker NAKA. Post-transaction, the combined enterprise will hold $763 million in equity and convertible notes, positioning it as a direct competitor to major Bitcoin holders like MicroStrategy. Nakamoto’s CEO David Bailey emphasized investor confidence in the company’s plan to build a transparent, regulated Bitcoin reserve. While the move underscores growing institutional appetite for corporate Bitcoin treasuries, it also carries risks related to BTC price volatility and evolving regulations.

Crypto commentator Abraham Liim highlights the impact if XRP reaches $10. At that price, Ripple’s escrow of 36.2 billion XRP would be worth approximately $362.08 billion. Co-founder Chris Larsen’s personal holdings, currently around 2.643 billion XRP, would surge to roughly $26.43 billion. Since 2017, Ripple has locked most of its supply in escrow, releasing 1 billion XRP monthly to stabilize the market. Analyst DK64Trades sees technical signals pointing to an XRP breakout above $10, supported by XRP’s 63.76 billion circulating supply against a 100 billion maximum. Larsen’s net worth already rose by nearly $6 billion after late-2024 price gains tied to political events. A further climb to $10 could add about $20 billion to Larsen and $285 billion to Ripple’s escrow value. This analysis underscores XRP’s potential as a cross-border payment token and Ripple’s strategy to drive enterprise adoption. Traders should note how structured releases and changing market dominance influence price action. While not financial advice, the $10 XRP scenario highlights significant upside for major stakeholders.

Bybit has announced it will soon list the H token ($H) on its spot trading platform. The upcoming spot listing aims to expand trading options and boost liquidity for H holders. Traders can anticipate new market pairs and secure, fast transactions once the listing goes live. Stay tuned to official Bybit channels for the exact launch date and trading details.

Binance has officially listed the Humanity Protocol (H) token on its Alpha Launchpad and opened H/USDT perpetual futures trading. Spot trading for H launched on Binance Alpha at 12:00 (UTC+3) on June 25 with zero maker fees, while H perpetual futures went live at 12:30 (UTC+3) supporting up to 20× leverage. The Alpha listing acts as a transparency-driven evaluation pool for a potential future spot listing. To commemorate the launch, Binance is running a promotional airdrop event—users can apply between June 25 and June 26 using Alpha Points in the Binance app. These new H token listings aim to boost liquidity, price discovery and market visibility, backed by deep order books, competitive fee structures and advanced risk controls in line with Binance’s strategy to expand altcoin and derivatives offerings.

Ethereum plunged amid escalating Middle East tensions and US strikes on Iran’s nuclear sites, breaking its month-long $2,350–$2,900 range. On June 21, ETH fell 4.6% to $2,215—the lowest in 50 days—and has now declined over 9% in 72 hours. More than $679 million in crypto positions were liquidated, including $250 million in ETH long liquidations, as whales dumped 5,000 ETH near $2,400 and on-chain “Coin Years Destroyed” hit a six-month high. A long liquidity cluster around $2,239 signals intensified bearish bets. Traders are eyeing the critical $2,000 support—12% below current levels—and await traditional markets reopening for further cues from oil prices and geopolitics.

Mistral AI co-founder and CEO Arthur Mensch argues that the real threat from AI isn’t mass white-collar job cuts but “deskilling,” as overreliance on AI tools makes people lazier and less engaged in critical thinking. Speaking at VivaTech in Paris, Mensch countered claims by Anthropic’s Dario Amodei—who warned of potential 50% entry-level job losses—and Anthropic CPO Mike Krieger’s view that AI is already reshaping engineering roles. Mensch says designers should build systems that keep humans active in reviewing AI outputs, ensuring continuous learning and accurate information processing. He predicts AI will shift white-collar roles toward more relational tasks and stresses that human critique is vital to avoid blindly accepting AI-generated results.

An early Ethereum ICO investor moved 7,500 ETH (≈$17.05 million) to Kraken on June 22, according to Onchain Lens data, while retaining 4,657 ETH (≈$10.58 million) in their wallet. This significant Ethereum whale deposit highlights a measured liquidity management strategy and prompts traders to watch for potential sell pressure, portfolio rebalancing or trading activity among long-term holders. Such on-chain data may offer insights into investor sentiment and short-term market dynamics for ETH.

Hong Kong’s Financial Secretary Paul Chan reports that as of end-March, the city registered 976 funds with a record net inflow of $44 billion, up 285% year-on-year. Major innovation hubs, Hong Kong Science Park and Cyberport, have nurtured 22 listed companies and 20 unicorns. Despite a soft non-residential property market, seasoned investors are purchasing entire buildings in Tin Hau to establish Web3 ecosystem hubs. Demand from Web3 firms for office leases and property acquisitions in Hong Kong is rising and expected to continue. This trend underscores Hong Kong’s growing appeal as a Web3 and digital assets centre, with robust fund inflows and infrastructure development supporting further growth.

Ripple CTO David Schwartz sparked debate by arguing that Satoshi Nakamoto, Bitcoin’s pseudonymous creator, functioned as the cryptocurrency’s original issuer. He based this on Satoshi launching the network and mining its early blocks. Schwartz reframed “issuer” to mean those who structure and support a token’s ecosystem. Under that view, exchanges providing XRP markets could be seen as its main issuers, while Ripple’s role narrows under a broader definition. He also noted XRP was “literally worthless” at launch, with no initial trading ecosystem. Speculation that Schwartz might be Satoshi surfaced but was dismissed; he claims to have discovered Bitcoin only in 2011.

Meta has partnered with Oakley to launch the Oakley Meta HSTN AI sports glasses, targeting professional athletes and high-intensity workouts. Key features include a 12MP ultra-wide lens capable of recording 3K/30fps video—nearly three times the resolution of Ray-Ban Meta—plus open-ear speakers, five microphones, and IPX4 sweat resistance. The glasses deliver up to eight hours of continuous use (19 hours standby) with a 20-minute fast charge to 50%, and an additional 48 hours of power when paired with a charging case. Built-in Meta AI voice assistant allows hands-free commands for weather checks, video capture, and social sharing. The Oakley Meta HSTN starts at $399, with a limited edition at $499, available for preorder July 11 in the US, Canada, UK, EU, Australia, and Scandinavia, and later expanding to Mexico, India, and the UAE.

Pump.fun has kicked off a $1 billion presale of its new PUMP token at a $4 billion fully diluted valuation (FDV). The platform allocates 25% of supply to public sale, 10% to airdrops and reserves the remaining 65% for the team, VCs and treasury. Originally set for June 25, the auction was pushed to mid-July, drawing criticism that the design and timing favour insiders. PUMP features a 1% buyback revenue-sharing mechanism, backed by Pump.fun’s $742 million in unaudited revenue to date. A Messari-based model forecasts $675 million in two-year revenue and a potential FDV of $7 billion, while Aevo pre-market prices imply a $6 billion FDV at $6 per token. Traders stress the need for transparent income allocation and vesting to ensure genuine decentralization and long-term value accrual.

Ethereum’s mainnet cannot accommodate the projected surge in zero-knowledge proof (ZKP) generation — estimated at 90 billion proofs annually by 2030 — due to gas costs and block space limits. Current solutions like proof aggregation reduce fees but introduce settlement latency and trust risks, as aggregators lack staking incentives. By analogy with alternative data availability (DA) layers such as Celestia and Avail that resolved L2 data bottlenecks, dedicated ZK verification chains (e.g., zkVerify) offer fast, low-cost, proof-of-stake–secured confirmation, slashing verification costs by up to 90% and avoiding Ethereum’s gas volatility. Without these alternative layers, verifying ZK proofs on Ethereum could cost over a trillion dollars in aggregate by 2030, undermining high-throughput use cases like real-time DeFi and client-side proving. Embracing modular ZK verification aligns with Ethereum’s evolution — from rollups to blobs in the Dencun upgrade — and is essential to preserve performance, security, and innovation.

The US military conducted bunker-busting strikes on Iran’s Fordo, Natanz and Isfahan nuclear facilities using GBU-57 bombs dropped from a B-2 stealth bomber. Damage assessments are pending. Polymarket on-chain predictions now assign a 2% chance of a full US–Iran war and a 38% probability of a new nuclear deal. Heightened US-Iran tensions knocked 1.7% off the global crypto market cap in 24 hours, bringing it down to $3.14 trillion. The CMC Fear & Greed Index slipped to a two-month low of 40. Bitcoin (BTC) fell 1% to $102,400 and Ethereum (ETH) dropped 7% to $2,260. On-chain recession bets for 2025 rose from 23% to 30% in mid-June. Ongoing geopolitical risk and steady Fed rates suggest further short-term volatility for crypto traders.

Historical data and market signals suggest an optimal entry point for high-potential cryptocurrencies. Five standout projects for crypto traders are: 1. XYZVerse (XYZ): Approaching a $15 million presale cap, token price climbed from $0.0001 to $0.0033. Early investors could see up to 1,000× returns at a projected listing price of $0.10. Utility integrations and community governance underpin its growth. 2. Hyperliquid: Launching a Layer 1 blockchain with a zero-gas fee perpetual exchange. Its high throughput addresses DeFi scalability and attracts traders seeking low-cost, high-speed execution. 3. Ondo Finance (ONDO): Tokenizes real-world assets like US Treasuries into products such as USDY. Backed by partners including BlackRock and Coinbase, it offers stable, yield-generating exposure for traditional and crypto investors. 4. Chainlink (LINK): Decentralized oracle network that securely connects smart contracts with off-chain data. Rewards data providers and remains critical for DeFi applications requiring reliable external feeds. 5. TRON (TRX): Enables content creators with high-speed, low-fee transactions, challenging centralized platforms and expanding its on-chain ecosystem. Traders should monitor presale milestones, halving events, staking yields, on-chain developments and institutional partnerships to position for both short-term rallies and long-term adoption.

Neo Pepe Coin (NEOP) has surpassed $1.3 million in fundraising during its Stage 4 presale, with tokens priced at $0.08 each. Positioned as the leading frog-themed meme coin, NEOP differentiates itself through a 16-stage structured presale model, full DAO governance, and an auto-liquidity mechanism that burns Uniswap LP tokens to support market stability. The project emphasizes decentralization and community-driven decision-making, capitalizing on waning interest in classic PEPE tokens by offering clear utility and transparent development. Traders should note the token’s strong presale momentum, progressive pricing incentives, and built-in liquidity safeguards as key factors driving investor confidence.

Polymarket, a blockchain-based prediction market, saw its contract for an attack on Iran’s Natanz nuclear facility rise sharply from 30% to 65% probability within hours before any official statement. Traders, using ETH and USDC on the Ethereum network, moved the odds based on emerging intelligence and satellite imagery leaked on social media. The spike highlights the growing power of crypto-enabled markets to forecast geopolitical events ahead of traditional media. While such predictions carry reputational risks, they underscore a new frontier in real-time, decentralized information aggregation for traders seeking early indicators of global developments.

Texas Governor Greg Abbott signed Senate Bill 21, establishing the first state-funded Bitcoin reserve in the US, overseen by the Texas Comptroller and safeguarded from routine reallocations through companion bill HB 4488. The initiative aims to diversify the state’s portfolio, leverage Bitcoin’s decade-long outperformance of traditional assets, and enhance economic security. Detailed procedures for BTC acquisition, custody, and use will be released soon under Texas State Treasury oversight. The move aligns with President Trump’s federal executive order on strategic Bitcoin reserves and contrasts with other states that have abandoned similar plans due to volatility concerns. Corporate demand for Bitcoin is also rising: 223 public companies now hold over 819,000 BTC, led by MicroStrategy with 580,250 BTC, highlighting its role as a balance-sheet hedge.

XRP price has swung from a sharp rebound above $2.04 to renewed bearish pressure after U.S. airstrikes on Iran’s Fordow, Natanz and Esfahan nuclear sites. Over the past month XRP has slid 14.6% from $2.47 to $2.07 amid heightening geopolitical risks. Trading volume topped $3 billion, with intraday lows near the $2.00 psychological level. Technically, XRP remains capped below a descending trendline from its $2.30 high and is struggling to reclaim the 50-period EMA at $2.13. Resistance at $2.0870–$2.1170 has held after a bearish retest, while the MACD remains negative with no bullish divergence. Short positions target $2.0186 and $1.9852 with a stop-loss above $2.12. Key drivers include escalating U.S.–Iran–Israel tensions, a market rotation out of speculative crypto, and a lack of institutional buying. Traders should monitor geopolitical headlines and the $2.00 support level closely for potential breakdown or relief bounce.

On June 22, Whale Alert reported a major stablecoin transfer: 700,509,250 USDT (approximately $700.5 million) moved from the Aave protocol to the HTX exchange. This on-chain transaction highlights significant USDT flow into a centralized platform. Traders watch large stablecoin inflows as potential precursors to selling pressure or liquidity shifts. The transfer’s size and destination suggest market participants may prepare for volatility or reposition holdings. Monitoring further USDT movements and HTX order books will be crucial for anticipating short-term market reactions.

ONDO’s token price fell 10% to $0.776 after launching the Global Markets Alliance partnership with Solana Foundation and Trust Wallet. Traders booked profits amid mixed market sentiment as trading volume dropped 52%, with support holding at $0.73 and resistance at $0.82. Analysts say ONDO could recover if Bitcoin rallies or sentiment improves. Meanwhile, XYZVerse secured over $14 million in presales funding to advance its NFT metaverse platform, with Stage 12 nearly sold out at $0.003333 per token and a target price of $0.01, offering potential returns up to 3000%. The funds will fuel platform upgrades, community growth, and new VR integrations.

Bitget, the world’s sixth-largest crypto exchange by spot volume, has secured a multi-million-dollar, three-year regional partnership with MotoGP—marking the racing series’ first collaboration with a crypto brand. The deal covers trackside branding, influencer access, and digital promotions at the 2025 Italian, German, Spanish and Indonesian Grands Prix, fronted by three-time champion Jorge Lorenzo under the “Make It Count” slogan. Bitget has also expanded into Georgia under local regulation. On-chain, BGB has formed a bullish symmetrical triangle on the weekly chart, trading near $4.20 support. The RSI at 48.20 and a shrinking MACD histogram signal waning sell-side pressure; a successful breakout could propel BGB toward the 0.618 Fibonacci level around $8.56, with intermediate resistance at $6.67 and $7.62.

Analysts forecast an XRP surge within 30 days as the token trades near $2, driven by fast transactions, low fees and bullish technical indicators. Simultaneously, a new sports meme coin has launched a presale with deflationary mechanics and partnerships with sports influencers, promising up to 7000% gains. Its low entry price and viral marketing are attracting speculative capital, echoing past rallies in Dogecoin and Shiba Inu. Traders should monitor XRP resistance levels on platforms like TradingView and assess community engagement and presale performance of the sports meme coin before allocating funds.

Indian Cyber Crime authorities in Uttar Pradesh have arrested 10 individuals across Lucknow, Raebareli and Gonda for laundering roughly ₹75–80 lakh (about $86k–$92k) of fraud proceeds on behalf of a Chinese cyber fraud gang. The suspects received illicit funds in local bank accounts, purchased digital assets, and transferred the crypto back to the gang after deducting commissions. Two of the accused have turned approvers, while the others are in judicial custody pending trial. This operation follows a recent uptick in investment scams involving digital assets across India. Authorities warn the public to remain vigilant against “too-good-to-be-true” crypto investment offers and continue targeting networks that facilitate cross-border laundering.

Financial advisors recommend replacing roughly 75% of pre-retirement income, which for a US average salary of $67,000 translates to about $50,000 per year. Fidelity suggests accumulating ten times your salary, or around $679,200, while other firms set targets between $1.26 million and $1.8 million. To reach a $1 million portfolio via XRP, an investor would need 10,000 XRP at today’s price (~$20,700). If XRP climbs to $100 by 2040, that position could become $1 million. More optimistic forecasts from Changelly predict $170 per XRP by early 2040 and up to $1,474 by year-end, turning a 10,000 XRP holding into over $14 million. Even 700 XRP could exceed $1 million at the highest estimate. While these projections are bullish, investors should conduct thorough research and consider market volatility before allocating retirement savings to cryptocurrency.

Blockstream CEO Adam Back has publicly backed Michael Saylor’s aggressive Bitcoin accumulation strategy and argued that MicroStrategy’s current 1.7–1.9× stock premium is justified. He pointed to MicroStrategy’s track record of doubling Bitcoin per share every 16–18 months, its leveraged funding via at-the-market equity offerings and convertible notes, and its 592,100 BTC treasury. Back noted that few corporations have followed suit, citing regulatory uncertainty and volatility concerns as key barriers to institutional adoption of Bitcoin. He compared this long-term approach to Tesla’s earlier, shorter-lived investment, suggesting sustained Bitcoin accumulation could accelerate “hyperbitcoinization” and reshape corporate finance. Traders should weigh the timeframe to recoup premiums through ongoing Bitcoin purchases and monitor regulatory developments and investor sentiment, as growing confidence in Bitcoin as a treasury asset may trigger renewed bullish momentum in spot and derivatives markets.

Bitcoin plunged nearly 3% from $103,970 to $100,962 amid war-fear selling before rebounding above $102,800 on heavy volume. On-chain data show balanced supply and demand, and derivatives metrics point to cautious sentiment. Crypto strategist James Wynn now forecasts a short-term Bitcoin price target of $93,000–$95,000, warning that escalating geopolitical tensions and potential new conflicts could drive further declines. Although no US rate cuts are expected soon, a rise in global M2 money supply—outside US dollar issuance—offers limited support. Traders should brace for heightened Bitcoin volatility as macro risks and Fed policy outlooks weigh on market dynamics.