Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Onchain Lens data shows that amid recent market declines, Abraxas Capital has realized over $87.6 million in unrealized profits from its short positions on Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and HYPE tokens. These positions are held across two wallets on the HyperLiquid exchange. The firm’s timely bearish bets have paid off as prices of these assets fell, underlining the growing role of derivatives trading in crypto market volatility. Traders should watch whether Abraxas Capital rebalances its exposure or takes profits, as similar large-scale short events can trigger further downside or spark rapid rebounds when covered. Key metrics: total unrealized P&L of $87.6M, four assets, two wallets, HyperLiquid exchange.

Shiba Inu (SHIB) has declined 10% over the past week amid broader market corrections and waning meme-coin momentum. In contrast, Mutuum Finance (MUTM) has seen its presale price jump 200% since launch, with Phase 5 tokens selling at $0.03 and Phase 6 set at $0.035. Over 12,300 investors have contributed more than $10.9 million. Mutuum Finance distinguishes itself through utility-driven features: a dual-lending platform, a USD-pegged stablecoin on Ethereum, a buy-and-distribute tokenomics model that rewards stakers, and a CertiK audit ensuring security. At its official launch price of $0.06, MUTM offers a guaranteed 100% ROI for current buyers, marking it as a strong altcoin opportunity amid market volatility.

XRP price surge has coincided with major holders offloading roughly 68.5 million tokens each day. Blockchain data shows that top whales are engaging in strategic profit-taking rather than panic selling. These large sales impact market liquidity and contribute to heightened volatility around key resistance levels. Retail traders often feel amplified price swings when whales adjust positions. Analysts note that consistent whale activity can temper rapid rallies and test support zones without triggering a crash. While downward pressure may emerge in the short term, such sales also indicate confidence in XRP’s liquidity and the market’s capacity to absorb large transactions. Understanding whale behavior is essential for navigating XRP price fluctuations.

A wallet tied to the Trump-themed TRUMP meme coin transferred 3.527 million TRUMP tokens (approximately $32.8 million) to Binance, according to Lookonchain analytics. Since April 28, affiliated wallets have moved a total of 12.54 million TRUMP tokens (around $150.68 million) across Binance, Coinbase, OKX and Bybit. Such large inflows to exchanges often signal an impending sell-off, fueling concerns over downward price pressure on the politically charged meme coin. The last major transaction occurred on June 4, when $46.9 million in TRUMP was deposited to multiple exchanges. Meanwhile, Eric Trump announced that the family-backed crypto venture World Liberty Financial will purchase a “substantial” amount of TRUMP coins after settling a recent dispute over a competing wallet offering. Traders will be watching for potential market volatility as assets are reorganized or monetized.

Google has confirmed it uses YouTube creators’ videos to train its Gemini and Veo 3 AI models, drawing criticism over intellectual property rights. While YouTube’s policy allows video use for research and product improvement, creators say they never consented to AI training and cannot opt out once content is published. Google insists it only uses a small portion of its 20 billion-video library and will honor existing agreements with creators and media companies. The company has added indemnification clauses in Veo 3 and partnered with Creative Artists Agency to protect top creators’ image rights. However, experts warn even minimal use could involve billions of minutes of content and lead to unfair competition, potential legal disputes, and risks of AI-generated deepfakes replacing original work.

Blockchain gaming platform B3 has acquired custom-PC startup Andromeda Insights to unveil the B3PC, the world’s first crypto-focused gaming desktop featuring NVIDIA GeForce RTX 5090. Built on Coinbase’s Base Layer 2 chain, B3 has processed over 1.19 billion on-chain transactions and hosts 7.1 million wallet addresses. Andromeda’s rapid growth—millions in annual revenue with 1,000% year-over-year expansion—drives B3’s strategy to enter hardware. The B3PC pairs top-tier GPU performance with blockchain security: Trezor Safe 5 hardware wallet, unique on-chain NFT ID, self-destruct SSD with dual erasure, and military-grade AES encryption. Operating in –55°C to 125°C with surge protection, it targets privacy-focused gamers and digital-asset holders. Preorders open at a $200 deposit, shipping early next year; full system prices range from $1,400 to $5,000 (discounts for B3 token payments). PC gaming revenues are projected to grow from $61.8 billion in 2023 to $129.9 billion by 2030. B3 aims to tap niche demand for high-security, high-performance blockchain hardware.

Kraken has partnered with BTCFi protocol Babylon to enable native Bitcoin staking directly on its exchange. Users can now stake BTC without off-exchange transfers, cross-chain swaps or wrapping. Staked BTC remains locked on Bitcoin’s mainnet and is delegated by Babylon to Proof-of-Stake chains to bolster network security. In return, participants earn Babylon’s native BABY token. Following the announcement on June 19, BABY rose nearly 3% on CoinMarketCap. Kraken’s Global Consumer Head Mark Greenberg highlighted the opportunity cost of idle BTC on the platform and said this product allows users to generate yield while supporting emerging PoS networks. Babylon employs a self-custodial model: BTC is locked via on-chain scripts and provides “security consensus services” to multiple layer-2 networks. The protocol mints BABY at an annual inflation rate of 8%, distributing 4% to BTC stakers and 4% to BABY stakers. BABY can be used for transaction fees and governance. The broader BTCFi sector is booming: Binance data shows BTCFi TVL surged over 2,700% year-on-year, with sidechain Rootstock’s DeFi lockups hitting a record $215 million in Q1 2025.

Messari’s recent analysis estimates the fully diluted valuation (FDV) of the PUMP token at around $7 billion, suggesting pump.fun’s planned public sale at a $4 billion valuation for 25% of tokens could be a lucrative entry point. The top-down model factors in continued memecoin demand, Solana’s market share and the rapid growth of PumpSwap—a new DEX that has already eroded Raydium’s presence on Solana. Messari projects approximately $675 million in revenue over the next two years for pump.fun, applying a 10× revenue multiple to arrive at the $7 billion FDV. The firm warns that fair token economics and transparent revenue-sharing are crucial; without them, the market may penalize insider-heavy distributions. Ahead of the sale, PUMP trades at $6 in Aevo’s pre-market, implying a $6 billion FDV. The report positions pump.fun as a high-upside opportunity, contingent on equitable value accrual for token holders.

Financial author Robert Kiyosaki has doubled down on Bitcoin, purchasing an additional $1 million worth of BTC after selling at the $69,000 peak. He advises investors to focus not on short-term price fluctuations but on Bitcoin’s core attributes: scarcity, decentralisation and immunity from government seizure. Kiyosaki predicts BTC could reach $1 million in the coming years, framing it as a hedge against inflation and fiat devaluation.

The Federal Reserve’s decision to keep its benchmark rate at 4.25%–4.50% has reinforced Bitcoin’s price stability around $104,000–$105,000. Chair Jerome Powell cited ongoing economic expansion alongside persistent inflation, signaling a cautious monetary policy that calms markets without sparking volatility. Concurrent geopolitical tensions between Israel and Iran have driven investors toward non-correlated assets, making Bitcoin and stablecoins favored safe havens. Analysts note Bitcoin’s limited swings post-announcement reflect growing confidence in its role as a strategic hedge and store of value. Looking ahead, traders will monitor potential Fed rate shifts and Middle East developments. While minor adjustments are expected later in 2025, Bitcoin’s resilience during crises supports its inclusion in diversified portfolios, offering both short-term stability and long-term diversification benefits.

JPMorgan Chase has launched JPMorgan Deposit Token (JPMD), a permissioned, interest-bearing blockchain token for large institutions. Backed by commercial bank deposits, JPMD offers deposit insurance, direct integration with existing treasury systems, and on-chain settlement via the Base network. Unlike widely used stablecoins such as USDC and USDT, which serve retail, remittance, and DeFi markets on multiple blockchains, JPMD is restricted to pre-approved corporate clients. While stablecoins address speed and accessibility across borders, deposit tokens provide legal certainty, yield, and regulatory compliance. Constraints include permissioned access, capital requirements under Basel rules, and potential ecosystem silos if institutions favor Ethereum mainnet or alternative Layer 2 solutions. Most experts expect stablecoins and deposit tokens to coexist: JPMD dominating high-value, regulated B2B use cases and stablecoins retaining open-access roles in retail payments and DeFi.

Thailand’s central bank and finance ministry have granted preliminary approval for three consortia to launch virtual banks, aiming to foster financial innovation and expand services to underserved retail and SME customers. Out of five applicants evaluated on qualifications, digital business models and inclusive banking capabilities, the selected groups are: 1) ACM Holding Company Limited led by Krung Thai Bank; 2) a telecom‐oil consortium of Advanced Info Service and PTT Oil and Retail Business; and 3) a partnership of SCB X, WeTechnology and South Korea’s KakaoBank. The move highlights Thailand’s push for digital banking solutions, improved customer access via virtual banks and heightened competition in the banking sector.

Glassnode’s latest Bitcoin CBD heatmap highlights the $95,500–$97,000 range as the first dense supply cluster below current prices, coinciding with short-term holders’ cost basis. Holding above this zone would reinforce bullish momentum and support a potential return to price discovery. A breakdown below $95,500 risks panic selling and could trigger mid-term bearish pressure, with some analysts forecasting a drop toward $93,000–$95,000 and possible liquidations. Bitcoin is trading near $104,000 after a 2% one-day decline, down 1.27% over the past week and 6.10% month-to-date, with a market cap of $2.05 trillion and 64.3% dominance.

The U.S. Senate’s bipartisan passage of the GENIUS Act establishes a comprehensive federal framework for stablecoin regulation, offering regulatory certainty and promoting innovation in digital payments. Ripple, armed with its dollar-pegged stablecoin RLUSD (market cap $415 million) and over 50 state money transmitter licenses, is well positioned to leverage this legislation. RLUSD’s full backing by U.S. dollar reserves and monthly attestations aligns with the Act’s requirements, while XRP transaction fees facilitate supply burns that could support token value. As the bill moves to the House and gains White House backing, institutional adoption of RLUSD—and by extension XRP—may accelerate. The GENIUS Act also positions RLUSD and XRP as viable alternatives to CBDCs, potentially boosting long-term confidence and market uptake.

On June 20, ARK Invest sold 609,175 shares of Circle (CRCL) stock across three of its ETFs—ARK Innovation (ARKK), ARK Next Generation Internet (ARKW), and ARK Fintech Innovation (ARKF). The sale, valued at $146.2 million, came as Circle stock surged 20.4% that day, closing at $240.30. This marks the third sale in one week, bringing the total divested to 1.25 million Circle shares and netting approximately $243 million in profits. ARK Invest’s repeated profit-taking highlights strong performance in the Circle stock since its NYSE debut at $69 on June 5, when it has jumped nearly 250%.

On June 22, on-chain monitor Onchain Lens recorded a large memecoin transaction: a Solana whale sold 7.44 million FARTCOIN for 46,128.4 SOL (approximately $6.47 million) and transferred the proceeds to the Stake.com platform. After the sale, the whale’s wallet still holds 12,873 FARTCOIN (worth about $11,500). This move highlights ongoing whale activity in memecoins on Solana and may signal profit-taking or reallocation of capital within the memecoin sector.

On June 22, on-chain analyst Yujin reported that prominent crypto trader AguilaTrades has incurred a third consecutive loss on BTC long positions, currently holding an unrealized loss of $13.68 million. Earlier, AguilaTrades opened a $434 million long, closed at a $12.48 million loss after a $4,000 pullback. A second $420 million position lost $2.94 million under similar market conditions. The latest $424 million BTC long remains underwater, bringing cumulative losses to $29.1 million. This series of failed BTC long positions highlights significant downside volatility in Bitcoin trading and raises concerns over high-leverage strategies.

Crypto whales have shifted focus to three under-the-radar tokens—Jito (JTO), AB Coin (AB) and Mantle (MNT)—as potential surge plays in June. JTO has bounced 3.50% monthly and 2.14% weekly but remains down 27.77% over six months. Key levels: support at $1.06 and resistance at $2.56, with a neutral RSI of 52.96. AB Coin leads with an 83.01% monthly gain and 8,974% over six months, trading between $0.0004 support and $0.015 resistance (RSI 57.16). Mantle shows weakness, down 15% monthly and 46% half-year, trading in a $0.61–$0.79 range with an RSI near 41.84. Traders may look to buy dips near support and watch for breakouts above resistance. Monitoring these picks could yield early entry advantages.

Crypto analyst Dima James Potts projects Dogecoin could reach $10 based on a recurring logarithmic arc pattern that has tracked its multi-year cycles since 2014. Dogecoin has spent over 1,600 days in a prolonged accumulation phase, respecting a lower curve support before each major rally. Potts identifies key resistance breaks marked by descending trendlines and volume spikes as catalysts. The decisive trigger for Dogecoin’s parabolic rally is a weekly close of Bitcoin above its previous all-time high near $109,450. Once Bitcoin secures a new ATH, Potts expects Dogecoin to begin a massive uptrend, potentially peaking around October 27, 2025. Short-term, traders should watch Bitcoin’s price action. Long-term, the established cycle structure reinforces a bullish outlook for Dogecoin.

A 19-year-old Danbury, Connecticut resident pleaded guilty to conspiracy charges of fraud and money laundering tied to a high-profile August 2024 Bitcoin theft, in which $245 million of BTC was stolen from a Genesis creditor. After cooperating with authorities and testifying against co-defendants, he was released on bail. However, court filings now reveal his involvement in an additional $2 million fraud scheme. Law enforcement has subsequently revoked his bail and re-arrested him on the new charges. Primary keyword: Bitcoin theft; Secondary keywords: Genesis creditor, money laundering, fraud probe, bail revocation. This case underscores ongoing regulatory scrutiny of crypto-related crimes and highlights risks for stakeholders involved in large-scale digital asset transactions.

NFT market activity slowed significantly last week, with total trading volume falling 18.43% to $116.9 million. Buyer count held steady at 1,061,348, while seller numbers rose 8.09% to 38,494. Overall transaction count dipped slightly by 0.63% to 1.709 million trades. Immutable’s network volume slid 32.23% to $28.3 million, losing ground as Polygon surged 24.98% to $23.3 million and overtook Ethereum’s $20.4 million (down 32.06%). Mythos Chain remained fourth with $14.1 million (−0.03%), and Solana climbed 42.74% to $8.7 million. Top high-value NFT sales included CryptoPunks #1831 at 150 ETH ($389,846) and #9778 at 150 ETH ($377,958).

Five crypto presales still trading under $0.01 are drawing investor attention for their strong fundamentals and growth potential. MAGACOIN FINANCE combines political branding with locked tokenomics and a 170 billion supply audited by HashEx, with analysts projecting up to 100× upside. Mutuum Finance’s hybrid peer-to-peer and peer-to-contract DeFi lending engine features buybacks, staking rewards, and a CertiK audit, fueling rapid presale sell-outs and positioning it as a top DeFi breakout. Qubetics ($TICS) targets infrastructure and interoperability with asset tokenization, decentralized VPNs, and a low-code builder, driving instant presale sell-outs. Lightchain AI (LCAI) integrates a Proof-of-Intelligence consensus layer and a deflationary model, supporting AI-focused dApps on its upcoming mainnet. Remittix (RTX) addresses the $190 trillion crypto-to-fiat transfer market with its PayFi protocol and direct-to-bank settlement, attracting institutional interest. These undervalued crypto presales offer early-stage access to projects built on real use cases, token scarcity, and security audits, making them prime candidates for traders seeking high-return opportunities before listings go live.

Ruvi AI (RUVI) has raised $1.9 million by selling over 160 million tokens in its ongoing presale, drawing attention from Tron (TRX) holders. Priced at $0.015 per token during Phase 2, RUVI guarantees a $0.07 valuation upon presale completion, offering early investors nearly 5× return before the token even lists publicly. Analysts project RUVI could reach $1 post-listing, implying a 66× ROI. With more than 1,600 holders, Ruvi AI has introduced VIP tiers that award up to a 100% bonus for larger investments. A forthcoming third-party audit by CyberScope and a liquidity partnership with WEEX Exchange aim to ensure security and immediate tradability. By integrating AI solutions across marketing, entertainment and finance, Ruvi AI positions itself as a versatile competitor to Tron and a potential top gainer in 2025.

The top-performing cryptos for June 2025 demonstrate strong momentum across multiple sectors. Top-performing cryptos like BlockDAG led the surge, jumping over 150% after launching its Layer-3 network upgrade. Arbitrum (ARB) posted a 35% gain following increased DeFi activity on its layer-2 solution. Filecoin (FIL) rose 20% driven by renewed interest in decentralized storage and new IPFS integrations. Cronos (CRO) added 18% amid growth in cross-chain bridges and DeFi partnerships. Traders are closely monitoring these gains, citing technical breakouts and network improvements as catalysts. Short-term volatility may persist, but fundamental upgrades suggest sustained interest in these altcoins through Q3 2025.

Ethereum network activity is surging, with Santiment reporting 800,000–1,000,000 new ETH addresses created weekly—about 33% more than at this time last year. This uptick underscores Ethereum’s network growth, even as ETH trades around $2,421, down over 3.5% in the past 24 hours. Meanwhile, rival layer-1 project Tron (TRX) is commanding social media attention thanks to its deflationary tokenomics, staking options via Tronscan and TronLink, and heavy stablecoin (USDT) transaction volume. Discussions also touch on Tron’s expanding DeFi, NFT and dApp ecosystems, potential NASDAQ listing, and a $210 million reverse merger drawing institutional interest. Traders should note Ethereum’s robust on-chain fundamentals as a bullish sign, while social momentum around Tron may influence short-term capital flows.

Chainlink (LINK) closed the daily session bearish and is now testing a crucial $12.50 support level amid reduced weekend liquidity. Analyst CRYPTOWZRD notes both LINKUSDT and LINKBTC are oversold following Bitcoin’s pullback, increasing chances of a short-term rebound. Key upside targets include $12.85 for an intraday breakout, $14.40 next, and longer-term resistance at $16 and $19.50. Traders should monitor Bitcoin’s weekend moves closely and use lower-timeframe charts for potential scalp opportunities until clearer directional confirmation emerges.

In the first half of 2025, AI emerged as the dominant focus for global venture capital, capturing 58% of total funding—up from 28% in H1 2024. Q1 alone saw $60–73 billion poured into AI startups, surpassing half of all 2024 AI investment and marking over 100% year-on-year growth. Major late-stage deals drove this surge: OpenAI’s $40 billion round (valued at $300 billion), Anthropic’s $3.5 billion Series E (valued at $61.5 billion), Safe Superintelligence’s $2 billion, and Neuralink’s $650 million. Mid-stage transactions also scaled up, with median Series A rounds at $75–80 million and Series C/D rounds around $250–300 million. Investment concentrated heavily in generative AI and core model infrastructure, which attracted over $45 billion (95% of disclosed funding). Application-specific sectors such as healthcare AI ($700 million) and fintech AI ($2–3 billion) lagged behind. Geographically, the U.S. dominated with 99% of AI venture funds, led by Silicon Valley. China’s largest deal was $247 million for Zhipu AI; Europe saw only mid-sized rounds. Strategic corporate investors—cloud providers, chipmakers, defense firms—led many rounds, signaling a shift toward projects with clear market applications. Looking ahead to H2, investors will scrutinize revenue performance, regulatory compliance, and capital efficiency. IPOs (e.g., Databricks) or major M&A could reset valuations, while tighter GPU supply and regulatory milestones (EU AI Act, U.S. executive orders) will shape the landscape. Although some late-stage bubble risk exists, core AI investment fundamentals remain strong.

Texas Governor Greg Abbott has signed SB21, making Texas the third U.S. state—after Arizona and New Hampshire—to create a dedicated Bitcoin Reserve. Managed by State Comptroller Glenn Hegar and held outside the general fund, the reserve aims to safeguard state-held BTC from routine transfers to general revenue. Abbott also approved HB4488, which further isolates the Bitcoin Reserve from state treasury sweeps and guarantees its legal status even if no Bitcoin is acquired by next summer. This move underscores Texas’s commitment to cryptocurrency policy and could influence broader market confidence in Bitcoin adoption.

KindlyMD, Inc. (NASDAQ: NAKA) secured a $51.5 million private equity round to accelerate its Bitcoin treasury strategy. The funding, completed in under 72 hours at a $5 per-share valuation, will finance both Bitcoin purchases and working capital. This investment comes on top of $563 million in PIPE and $763 million including convertible notes. Concurrently, KindlyMD will merge with Bitcoin-focused Nakamoto Holdings in Q3 2025, subject to SEC approval and shareholder consent. Founder David Bailey highlighted strong investor demand to acquire more Bitcoin. CEO Tim Pickett said the merger will leverage Bitcoin’s market power and real-world use cases to drive long-term value. KindlyMD’s core business offers personalized, data-driven healthcare in alternative medicine, positioning it uniquely at the healthcare–finance nexus. Nakamoto aims to integrate Bitcoin into global capital markets with compliance and transparency, partnering with Anchorage Digital for top-tier security. This strategic shift places Bitcoin at the center of KindlyMD’s balance sheet and signals growing institutional adoption of digital assets.