Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Blockchain analyst ZachXBT alleges that Ethereum-based DeFi platform Garden Finance helped launder over $27 million of North Korea’s Lazarus Group proceeds, with more than 80% of its recent fees—around 30 BTC—originating from Chinese launderers. The accusations include a single actor repeatedly topping up cbBTC liquidity on Coinbase, calling Garden’s decentralization claims into question. Co-founder Jaz Gulati countered that the fees were collected before the Bybit hack and dismissed misinformation about being a “fake decentralized” bridge. To date, Garden reports over 24,984 BTC in cross-chain volume and 40.11 BTC in cumulative fees across 40,571 atomic swaps. This case spotlights DeFi vulnerabilities—pseudonymous transactions, lack of on-chain monitoring—and has prompted calls for stronger transparency, KYC integration, enhanced smart-contract audits, real-time blockchain surveillance, and potential tighter regulations to safeguard market integrity.

San Francisco Fed President Mary Daly told CNBC on June 20 that a Fed interest rate cut this fall is “likely” if the U.S. labor market remains strong and the economic effects of tariffs become clearer. Daly stressed the Fed’s dual mandate of maximizing employment and controlling inflation, noting policymakers will await more data on job growth, wage trends, and import costs before adjusting rates. Earlier, U.S. Commerce Secretary Howard Lutnick and Rep. Thomas Massie criticized current Fed policy for keeping rates at 4.25%–4.5% despite low inflation, while analysts warned heavy Treasury borrowing and booming factory output could justify rate cuts. Evercore’s Krishna Guha added that a potential “shadow Fed chair” under a future administration could influence policy ahead of Powell’s term end. For crypto markets, a lower Fed rate could spur liquidity inflows and boost demand for risk assets like Bitcoin. However, uncertainty over labor-market resilience, tariff impacts on inflation, and global economic risks means traders should monitor key indicators—jobs reports, CPI, PCE—and Fed communications closely. A data-dependent Fed suggests cautious positioning and diversified risk management for crypto portfolios in the run-up to fall.

Deribit sees a combined $4.1 billion of Bitcoin and Ethereum options expire today, including $3.5 billion in BTC contracts and $565 million in ETH. Bitcoin price dipped 1.2% to $102,446 ahead of the BTC options expiry, triggering over $105 million in long liquidations. Put-call ratios stand at 1.19 for BTC—signaling bearish skew—and 0.63 for ETH—indicating bullish flows. Bulls must defend the $100,000 support level to avert further liquidity cascades. Traders should monitor open interest resets, volatility spikes, and shifts in market positioning. Looking ahead, a larger $14.2 billion BTC options expiry on June 27 with a $100,000 max pain level could spark short-covering squeezes if Bitcoin holds above that zone.

Bitcoin initially dipped amid Israel-Iran tensions but stabilized around $105,474 thanks to over $1 billion in weekly spot BTC-ETF inflows. Analysts now project a push toward $110,000. Traders are shifting focus to promising altcoins, especially Mutuum Finance. Mutuum Finance has raised $10.9 million from 12,300+ investors at $0.03 per token in its Phase 5 presale, offering a guaranteed 100% ROI with a $0.06 launch price. The DeFi project features a dual Peer-to-Contract and Peer-to-Peer lending model, and plans to deploy an overcollateralized USD-pegged stablecoin on Ethereum. Audited by CertiK (score: 80), the platform also runs a $100,000 token giveaway and leaderboard bonuses. Altcoin traders seeking diversification should watch Mutuum Finance’s rapid presale momentum.

Hong Kong regulators and think tanks have proposed a comprehensive six-point strategy to establish the city as a global offshore RMB stablecoin hub. The plan builds on Legislative Council member Lo Wai-kwok’s recent call to expand Hong Kong’s offshore RMB liquidity pool to 5 trillion yuan, aiming to strengthen digital asset funding and support RMB-denominated stablecoins. Key measures include positioning Hong Kong as a stablecoin hub, streamlining regulatory safeguards and pilot schemes, developing offshore RMB‐pegged stablecoins, expanding the RMB liquidity pool, enhancing fintech curricula at local universities, and forming a high-level financial development committee to coordinate with mainland regulators. These initiatives should boost liquidity, foster innovation in digital finance, attract international issuers, reduce SWIFT dependence, and accelerate the adoption of regulated offshore RMB stablecoins.

Elon Musk’s xAI has launched Grok 3.5 (aka Grok 4) to “rewrite the entire corpus of human knowledge,” using advanced reasoning, 10× compute power, DeepSearch and beta voice interaction. Before retraining, the model will add missing data and remove errors identified in unverified sources. xAI has invested $300 million in an exclusive Telegram partnership targeting over one billion users to compete with GPT-4. Training employs imaginative scenarios like “zombie apocalypse” and “Mars colonization” for realistic responses. Critics warn Grok 3.5’s right-leaning training tone and heavy human annotation risk embedding bias, while reports allege unauthorized use of US government data, raising privacy and regulatory concerns. Binance CEO CZ stressed that diverse cultural perspectives can’t be captured by one AI model. As nations develop local AI solutions, the AI knowledge landscape is likely to remain pluralistic.

Investigators have exposed a crypto Ponzi scheme that used Telegram OTC groups to defraud traders of over $50 million by offering discounted forward sales of 32 altcoins. From November 2024 to January 2025, scammers posing as VC pools targeted high-profile investors with deep discounts on tokens like APT, SEI and SWELL, delivering initial orders on time to build trust. The operation expanded from February to June 2025, adding major projects including SUI, NEAR, Axelar and GRT despite public warnings. Payouts stopped in June, and on June 19 Aza Ventures confirmed it was a classic Ponzi, using new funds to pay earlier investors. Total losses exceed $50 million, with individual losses over $1 million. Victims face cross-border legal challenges and ongoing recovery negotiations.

Traders are eyeing a quartet of undervalued crypto tokens—LILPEPE, BONK, VET and JUP—each offering unique catalysts for upside. Little Pepe (LILPEPE) has moved from its Stage 2 to Stage 3 presale at $0.0011–$0.0012, raising over $1.14 million with zero trading tax, bot protection and a proprietary Layer 2 chain, targeting a 172.7% gain at its $0.003 launch price. Bonk (BONK) trades at $0.000014 on Solana with a $1 billion market cap; 1.69 trillion tokens have been burned to boost scarcity, and MACD/RSI signals support a bullish rebound after a 14% dip. VeChain (VET) at $0.0242 shows a weekly bullish engulfing pattern and RSI near 31, pointing to a potential move toward $0.0326. Jupiter (JUP), priced at $0.42 (79% below its $2.04 ATH), stands to benefit from Solana’s ecosystem growth as a DeFi hub. This diverse slate of undervalued crypto picks spans meme culture, tokenomics and enterprise solutions, offering both short-term trading setups and long-term growth potential.

Norwegian authorities are set to investigate and potentially impose a temporary ban on crypto mining from autumn 2025 under the Planning and Building Act. The move aims to free up to 200 MW of hydropower capacity, network bandwidth and land amid rising power prices, grid strain and winter peak demand. New data-center registration rules will track energy usage by mining operations to improve transparency and inform the scope of any pause. Proposed restrictions target high-consumption Bitcoin (BTC) facilities, with exemptions for heat-capture setups and small-scale miners. The draft rules are under public consultation, and a final decision is expected by early next year.

Binance has listed the BRIC token on its Alpha Projects pilot program, giving selected traders early access to buy and sell BRIC before a full public launch. The listing builds on Binance’s Alpha trading platform and underscores its strategy to spotlight emerging blockchain projects through controlled, low-risk trials. Participants benefit from increased liquidity, improved price discovery and enhanced community engagement. As Binance tests BRIC token performance under live trading conditions, users can provide feedback to help refine the token’s roadmap. This move responds to growing market interest in BRIC’s underlying blockchain solutions and positions the token for broader adoption.

On June 21, 2025, Thailand’s Securities and Exchange Commission (SEC) launched a public consultation on draft regulations governing utility token issuance and exchange listings. The proposals mandate full disclosure of all individuals with financial or control interests in any token project to curb insider trading and enhance market transparency. Licensed exchanges would be allowed to list their own or affiliated utility tokens and must use warning symbols in electronic reports to highlight potential risks. Existing tokens must comply within 90 days of enactment. Security tokens are excluded, and final rules will reflect stakeholder feedback. This move follows the 2022 insider trading case involving Bitkub’s CTO, the recent blocking of unlicensed platforms OKX and Bybit, and incentives such as crypto credit-card spending for tourists and a waived capital gains tax on licensed providers from 2025 to 2029.

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.

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.

OZAK AI has entered its fourth presale stage at $0.005 per token, allocating 70% of its 10 billion supply for early backers. The project has raised over $1.2 million to date and is now listed on CoinMarketCap and CoinGecko. A $1 million token giveaway is boosting community engagement. Analysts forecast OZAK AI could surge 10× to $0.05 before Solana (SOL) reaches $500. Meanwhile, Solana has rebounded from 2022 lows with robust DeFi and NFT activity, institutional support and venture funding. SOL faces resistance at $185, $230 and ultimately $300, with key supports at $145, $120 and $98. A break above $230 could propel SOL toward $300 by 2025. Traders may combine Solana’s established ecosystem stability with OZAK AI’s high-growth potential to balance risk and reward.

The crypto market plunged $240 billion as Israel–Iran tensions spurred heavy selling. Bitcoin fell 2% to $103,127 and Ethereum dropped 10% to $2,456, with whales offloading over $900 million in mid-term BTC positions. Leverage liquidations wiped $503 million across exchanges (including $183 million in ETH), impacting 134,000 traders. Solana tumbled 3.4%, hitting resistance at the 50-day SMA ($160.65) and the 78.6% Fibonacci level ($147.38); next support lies at $136.51. Bitcoin dominance rose to 64.24% and the Altcoin Season Index sits at 19/100, signaling “Bitcoin Season.” SOL’s 30-day correlation with BTC hit 0.89, amplifying its moves. Traders should monitor key supports, apply risk management, and track geopolitical developments and Bitcoin trends.

Texas Governor Greg Abbott has signed HB4488 to legally shield the state’s Bitcoin Reserve—both on-treasury and off-treasury—from being diverted into general revenue. The formal establishment of the Texas Bitcoin Reserve now hinges on Senate Bill 21 (SB21), which would permit the state to invest in cryptocurrencies with market capitalizations above $500 billion—currently only Bitcoin (BTC). SB21 was delivered to the governor on June 1 and will automatically become law if not signed or vetoed by June 22, 2025. Texas would join New Hampshire and Arizona among the first U.S. states considering formal Bitcoin Reserve programs. Traders should watch SB21’s outcome and the June 22 deadline closely, as its enactment could signal new state-backed Bitcoin accumulation and influence market sentiment around the Bitcoin Reserve.

Real Vision CEO Raoul Pal forecasts the current crypto bull cycle will mirror 2017’s pattern and extend through Q2 2026. He cites macroeconomic indicators—easing inflation, central bank rate cuts, and fiscal stimulus—and a 9% decline in the US Dollar Index as key drivers. Pal’s proprietary business cycle score remains below 50, signaling an early-stage economic rebound that historically aligns with rising crypto valuations. Pal also highlights growing institutional adoption in the Middle East, where sovereign wealth funds are integrating AI and blockchain. He advises traders to track Bitcoin price action, macro data releases, and regional blockchain initiatives. These factors could sustain momentum and signal continuation of the crypto bull cycle. By monitoring these macro drivers and institutional flows, traders can better anticipate market stability and potential bullish triggers into mid-2026.

Bitcoin has entered the light green “buy” zone on the long-term Rainbow Chart after peaking on May 22 and consolidating between $100,000 and $110,000 for nearly a month. On-chain data from CryptoQuant show realized profits remain below $1 billion on a seven-day moving average, indicating subdued profit-taking and panic. Meanwhile, the Rainbow Chart’s historical reliability around halving cycles suggests upside potential. However, a weakening demand metric—measuring new supply versus dormant coins—signals fading buying interest that could stall a breakout above $110,000. Technical indicators point to an oversold buy/sell pressure delta and a possible final phase of Wyckoff Accumulation. Traders should watch the $100,000–$110,000 band closely: a decisive move past $110,000 may trigger a rapid advance toward $130,000, while failure to break resistance could maintain tight range trading.

Semler Scientific has launched an $11 billion Bitcoin accumulation strategy to build a crypto treasury of 105,000 BTC by end-2027. The plan sets interim milestones of 10,000 BTC by end-2025 and 42,000 BTC by end-2026, funded via equity, debt financing and operational cash flows. Since adopting Bitcoin as its primary treasury asset in May 2024, Semler has delivered a 287% yield and recorded $177 million in unrealized gains as of June 2025. The firm appointed Joe Burnett, former Unchained market research director, as Director of Bitcoin Strategy and raised $500 million through stock-based fundraising dedicated to Bitcoin accumulation. The announcement drove Semler’s shares up nearly 12% pre-market. Market observers compare the strategy to MicroStrategy’s corporate treasury model and note potential impacts on Bitcoin supply dynamics, market sentiment, and broader institutional adoption of on-chain treasury management.

Onchain Lens data reveals a single crypto wallet bought 3.39 million KTA tokens for 2.156 million USDT at an average price of $0.635 per token, underscoring renewed whale interest and a boost in token liquidity. The large-scale acquisition of this meme-inspired token could trigger short-term price spikes. Traders should track KTA whale transactions, USDT on-chain liquidity and Onchain Lens swap details to identify potential breakout levels and adjust their crypto trading strategies accordingly.

Ethereum price held firm around $2,500 support despite mixed market sentiment and anticipation of network upgrades and steady DeFi activity. Solana price pulled back to $142, down 8% from recent highs, driven by profit-taking and sector rotation. Mining equipment startup BlockDAG has begun shipping its next-generation DAG miners to early backers, aiming to secure a first-mover advantage. The company plans to launch its BDG token on multiple exchanges soon, which analysts say could provide a significant liquidity boost. Traders will watch Ethereum’s upgrade progress, Solana’s volatility and BlockDAG’s token listing for short-term trading opportunities.

Trend Research has boosted its Ethereum position, acquiring 9,001 ETH (~$22.7M) on June 20 by borrowing 42.1M USDT from Aave and executing the purchase on Binance. This increases its total holdings to approximately 182,000 ETH at an average cost of $2,250 per token, yielding an unrealized profit of about $32.6M. The move reflects disciplined, institution-level ETH accumulation strategy and growing confidence in Ethereum’s medium- to long-term upside. Traders should note the firm’s use of Aave borrowing as a leverage strategy and consider the potential market support from such large-scale ETH accumulation. Analysts also point to historical ETH outperformance over BTC during sustained bull markets.

SharpLink Gaming purchased an additional 6,744 ETH (~$16.5M) through Galaxy Digital over the past four days, bringing its total holdings to 188,000 ETH. The firm has invested about $493M at an average cost of $2,617 per ETH. Despite heavy accumulation, recent market volatility has generated an unrealized loss of approximately $37.5M. This move highlights sustained institutional interest in Ethereum and underscores the importance of tracking large ETH transactions to assess market sentiment and risk exposure.

Federal Reserve Governor Christopher Waller signaled the Fed’s earliest possible rate cut could come in July as inflation trends improve and tariff-driven price spikes prove transient. His dovish Fed rate cut stance contrasts with limited support for July easing among other FOMC members and comes amid debates over timing—Richmond Fed President Thomas Barkin sees no rush given strong consumer spending and employment. Traders should watch upcoming CPI data and FOMC minutes for clearer Fed rate cut signals and anticipate potential volatility in crypto markets as lower rates typically boost risk assets. The evolving outlook for Fed rate cuts may spur a crypto rally, offering both short-term trading opportunities and long-term portfolio adjustments.

The US Senate’s recent bipartisan passage of the stablecoin regulatory bill has set clear rules requiring issuers to fully back assets, disclose reserves monthly and undergo annual audits for market caps over $50 billion. Following the vote, Circle (CRCL) shares surged 20% on Friday—bringing gains to 248% since its June 5 IPO—and closed at $199. Seaport Global analyst Jeff Cantwell initiated a “Buy” rating on CRCL with a $235 price target, citing an optimistic outlook for the global stablecoin market expanding from $260 billion to $2 trillion. Cantwell forecasts Circle’s revenue rising from $1.68 billion in 2024 to $3.5 billion next year, driven by institutional adoption of regulated stablecoins and the launch of its Circle Payments Network (CPN) for low-cost, real-time cross-border transfers using USDC and EURC. Recent collaborations—such as Shopify and Coinbase’s Commerce Payments Protocol—underscore the growing traction of stablecoin payments. Cantwell also highlights Circle’s competition with Visa and Mastercard, whose shares dipped amid the regulatory excitement. Coinbase (COIN), an early backer of CRCL, saw its stock climb 3% on the news. The bill now moves to the House before reaching the president’s desk.

The U.S. Securities and Exchange Commission (SEC) has launched a comprehensive review of Dinari’s tokenized securities infrastructure, working closely with legal counsel from WilmerHale. In a series of discussions, stakeholders clarified compliance requirements under existing securities laws, focusing on licensing, investor protection measures and potential technical standards. The initiative supports multi-blockchain trading and highlights the SEC’s commitment to balanced rules that foster innovation in tokenized securities. Dinari’s proactive engagement may set a new compliance benchmark, easing institutional adoption and shaping market standards for blockchain-based assets.

Ethereum has consolidated in a $2,396–$2,833 range, reflecting short-term volatility before a potential breakout. After briefly dipping below $2,400 on June 20, technical analysis suggests ETH completed a motive wave at $2,700 and is in corrective Wave 2, targeting $2,250–$1,900. Key support stands at $2,000, while a move above $2,670 could open the way to $2,960. On-chain metrics now point to renewed strength: weekly new addresses surged to 800k–1M from 600k last year, and whale net inflows jumped over 7,400% in one week, indicating major holders are accumulating. Scarcity indicators improved too, with the Stock-to-Flow ratio hitting 43.2 and short-term holder activity easing. Despite mixed ETF inflows and macro headwinds, Ethereum’s adoption growth, whale accumulation, and improved scarcity position it for a bullish breakout above $2,833.

Pi Coin (PI) has fallen 32.4% over the past month after breaking its key $0.60 support, despite briefly reclaiming a $0.54 high following the launch of the $100 million Pi Network Ventures fund. Selling pressure surged again as no clear usage data or merchant uptake emerged. Traders now eye the June 28 Two-Pi Day event for potential catalysts. Meanwhile, PiScan reports 263 million PI tokens (≈$143 million) unlocking this month—the largest until September 2027—adding bearish weight. Technically, PI trades below major EMAs, with resistance at $0.55; a break above could target $0.57 (200-period EMA) and $0.60. A strong Two-Pi Day announcement might spur a rally, but until then low volume and elevated supply keep the outlook bearish.

XRP has rallied 335% year-to-date to around $2.15 and is now in a tight consolidation apex. Technical indicators—RSI below 50 and an oversold MACD—suggest a rebound if price can break above key resistance at $2.25. Failure to clear this level may trigger a pullback toward support at $2.00 or deeper to $1.55. On the fundamentals side, growing corporate reserves, pending ETF approvals and Ripple’s business expansion underpin a bullish long-term outlook, with analysts targeting $2.50 by July and $3.00 by September. Traders should monitor breakout confirmation and support retests to guide short-term positions.