Iran’s Central Bank has ordered all domestic crypto exchanges to operate only between 10 AM and 8 PM following a $100 million Nobitex hack attributed to the Predatory Sparrow group. The cyberattack destroyed about $90 million in digital assets and exposed Nobitex’s full source code. Nobitex, which controls nearly 90% of Iran’s crypto market, initially called the incident a “preemptive technical operation” but later confirmed the loss in assets in what it called a “psychological attack.”
Under the new regulation, the crypto curfew aims to tighten oversight during off-hours when security teams are less active. The Central Bank says this is a temporary measure pending further investigation, but warns of potential additional restrictions. Nobitex plans a phased platform recovery over five days, adding stricter withdrawal limits, enhanced multi-factor authentication, and real-time threat monitoring. Traders in Iran must now adjust to limited trading hours amid heightened regulatory scrutiny and cybersecurity risks.
BNB Chain endured a turbulent week as its market capitalization plunged by $12.4 billion amid a broader altcoin crash. Bitcoin slid below $104,000, and BNB Chain’s native token, BNB, fell 4.5% to close just under $640. On-chain metrics showed a 5% drop in total value locked (TVL), with DeFi platforms like Venus (XVS) and PancakeSwap (CAKE) suffering heavy losses and trading volumes across stablecoins also declining. However, daily active addresses on BNB Chain rose by 5%, signaling continued engagement despite the downturn. Several BEP-20 tokens collapsed—KOGE (-51.1%), ROAM (-40.4%), and MYTH (-38.2%)—while a few projects bucked the trend: AB surged 31.5% after a Binance Alpha feature, ALT gained 23.9% via the BNB Kickstart program, and ORBS climbed 15.5%. Ecosystem development remained a priority: the $100 million BNB Chain Incentive Fund made 17 new token investments, KOM completed migration from Polygon and Arbitrum to BNB Chain, MCPForge advanced within the BNB Hack program, and SwissBorg (CHSB) integrated BNB Chain cross-chain swaps. With over 200 million users, BNB Chain’s resilience in user engagement and strategic growth initiatives may support long-term stability even as market volatility persists.
Baton Corporation’s memecoin platform Pump Fun is fighting a lawsuit by Burwick Law, which alleges unregistered securities sales. Pump Fun’s CEO Jared L. Williams calls the claims “nonsense,” and the defense team—led by former SEC investigator Daniel L. Sachs, crypto litigation expert Kyle P. Dorso, and blockchain attorney Stephen D. Palley—has filed a motion to dismiss. Despite intense Twitter FUD and negative headlines, on-chain metrics from Dune show Pump Fun’s daily trading volume holding between 2 and 2.7 million token trades, equivalent to $120 million–$184 million in USD. Rather than fleeing, users rallied, viewing legal drama as a buying opportunity. This pattern reflects the memecoin crowd’s tendency to interpret FUD as fuel for hype. While the legal battle continues, Pump Fun’s resilient on-chain activity underscores the divergence between sentiment and data. Traders should monitor both legal developments and trading volume. Pump Fun’s case highlights how robust metrics can defy sensationalist narratives and drive market momentum.
Analysts highlight strong momentum across Ethereum (ETH), Dogecoin (DOGE) and SEI as they head into July 2025. Ethereum reclaimed key support above $2,500 amid historic lows in exchange reserves and robust spot ETF inflows, setting up a potential move toward $2,850. Dogecoin bounced above $0.177 on surge in whale accumulation—1.4 billion DOGE bought in April–May—and could target $0.26–$0.30 if bullish patterns persist. SEI’s price is trading between $3.10 and $3.90, driven by stablecoin adoption, SuiLend’s 90% TVL growth and $9 million in fund inflows; a sustained rally may push SEI toward $4.50. Meanwhile, MAGACOIN FINANCE, with a fixed 170 billion supply and audited smart contract, is gaining traction ahead of key exchange listings and aggressive marketing campaigns. Traders are positioning for potential breakouts, with ETH bolstered by institutional flows, DOGE by whale demand, SEI by DeFi integration, and MAGA by scarcity and community control.
Bitwise Asset Management CEO highlights that Bitcoin’s primary rival is US Treasuries rather than gold. He argues that as investors seek yield, government bonds and money-market instruments present the most direct competition to Bitcoin. Unlike gold, US Treasuries offer predictable returns and low risk, driving institutional allocations. The CEO notes that Bitcoin’s digital scarcity and decentralization still appeal to long-term holders, but yield-seeking traders compare BTC against fixed-income alternatives. This view reflects shifting market dynamics where rising interest rates influence crypto inflows. Fund managers now balance allocations between Bitcoin and US Treasuries based on risk tolerance and return expectations. Understanding this rivalry helps traders gauge Bitcoin demand in varying rate environments.
Bloomberg analysts Eric Balchunas and James Seyffart have raised the approval odds for spot altcoin ETFs to between 90% and 95% by 2025. Key assets such as Litecoin (LTC), Solana (SOL) and XRP now each have a 95% chance of gaining SEC approval, while Dogecoin (DOGE) and Cardano (ADA) sit at 90%. Emerging tokens like Sui (SUI) and TRON (TRX) are already in the early stages of filing. Analysts expect the SEC’s active engagement to lead to ETF launches in late 2025, potentially triggering a robust altseason driven by institutional adoption. Spot Bitcoin and Ethereum ETFs, approved in 2024, fueled significant inflows and price rallies. Altcoin ETFs could replicate that effect by offering regulated, transparent, and easily accessible investment vehicles. Traders should watch for heightened volatility and strong inflows as institutions seek broader crypto exposure through these products.
Bitcoin’s market shows a stark divergence in wallet activity: institutional “whale” wallets (holding 10 BTC or more) increased by 231 over ten days, while smaller retail wallets (0.001–10 BTC) fell by 37,465. This pattern of stealth accumulation by large holders amid retail outflows often precedes bullish reversals. Meanwhile, Bitcoin futures open interest has dipped by 3.5%, indicating moderate position de-risking rather than panic. Historical data suggests that a deeper open interest decline (–20%) could trigger a 5–15% price correction, but current levels remain far from such extremes. The contrast between fearful retail investors and confident whales underscores a shift from sentiment-driven trading to strategic accumulation. If whales continue accumulating and open interest stabilizes, Bitcoin could enter a new uptrend once retail confidence returns.
According to Coinglass data, the crypto spot market saw a major shift over the last 24 hours. USDT led net inflows with $12.43 million, followed by SNT ($5.79 M), ATH ($4.38 M), ARB ($4.00 M) and APT ($3.77 M). This net inflow into stablecoins and emerging altcoins suggests traders are repositioning funds. Conversely, leading assets experienced significant net outflow: BTC lost $227 million, ETH saw $151 million withdrawn, USDC dropped by $92.72 M, SOL by $73.93 M and DOGE by $26.78 M. The spot market rotation from Bitcoin toward stablecoins and smaller tokens highlights a cautious sentiment among investors as they seek lower-risk and potentially higher-yield opportunities in altcoins.
Former US President Donald Trump stated that if future peace efforts fail, he would authorize precision military strikes on additional targets. Speaking at a campaign rally, Trump emphasized his commitment to strong national defense and deterrence. He criticized ongoing negotiations he deemed ineffective and vowed to take decisive action to protect US interests abroad. Analysts note that such rhetoric could escalate geopolitical tensions and impact defense sector stocks.
Crypto analysts have pinpointed seven high-conviction tokens as top long-term crypto buys for the 2025–26 market cycle, citing consensus, demand growth and market momentum. Leading the list is Magacoin Finance, a fixed-supply, community-owned token with a 170 billion cap and audited smart contracts, set for wider exposure via an upcoming marketing push. Major blue-chip picks include XRP, which could benefit from a potential SEC settlement and spot ETF approval, targeting $3.87. Proof-of-work project Kaspa (KAS) follows, backed by its “Crescendo” upgrade, speed and DeFi integrations. Layer-1 entrants Sui (SUI) and Solana (SOL) earn praise for rising DeFi TVL, stablecoin activity and ultra-fast throughput, while Ethereum (ETH) remains a strategic hold ahead of a possible spot ETF. Finally, meme token PEPE rounds out the consensus as a high-risk, high-liquidity play. Long-term investors are advised to watch regulatory developments, ETF approvals and on-chain metrics as catalysts for sustained upside.
On June 21, multiple Chainlink non-circulating supply wallets deposited a combined 17.875 million LINK (approx. $220 million) to Binance. A single address moved 4.875 million LINK (~$61 million), marking its first activity in over three months. The synchronized inflow has sparked market anxiety over potential short-term selling pressure, as transfers from dormant or locked addresses often signal imminent liquidation. Yet historical data from Lookonchain show that past large LINK unlocks and exchange deposits have sometimes preceded price rallies, as heightened trading volume and investor attention can drive new support levels. Despite robust fundamentals—widespread DeFi integrations and real-world asset partnerships—the sudden surge in available supply on a major exchange may weigh on price in the days ahead. Traders are split between viewing this as a buying opportunity if the price dips or hedging against further downside. The event underscores how significant on-chain movements can reshape sentiment and volatility in the LINK market. Disclaimer: Not investment advice.
XRP has lost 1.26% over the past week, correcting from a May 15 high of $2.58 to around $2.06. Market analyst CasiTrades identifies a descending triangle on XRP’s daily chart and notes a breakdown in the Relative Strength Index (RSI). He expects a short-term drop to key support zones at $2.01, $1.90 or $1.55 as a liquidity flush, rather than a bearish capitulation. A V-shaped recovery or early bounce from these levels could trigger a bullish reversal, with a decisive close above $3 needed to confirm strength. Immediate resistance lies at $2.37, and clearing this level would pave the way toward $2.60. Traders should watch RSI trends, triangle boundaries and support zones for entry signals.
Solana-based memecoin launchpad Pump.fun has postponed its $1 billion token sale, originally slated for June 25, to mid-July. The delay follows a January class-action lawsuit accusing the platform of operating an unregistered securities exchange and artificially inflating token prices. In February, trademark holders issued cease-and-desist orders over infringing user-generated memecoins, adding another layer of legal risk. In mid-June, Pump.fun’s official X accounts were briefly suspended without explanation, fueling further speculation about regulatory or brand-owner pressure. The platform says it has reinforced its legal team but offers no clear path to resolving ongoing disputes, leaving investors frustrated and uncertain about token distribution.
Bearish
Pump.funSolanaMemecoin LaunchpadToken Sale DelayLegal Drama
According to Lookonchain data, crypto trader 0xcB92 has not closed a 40,000 ETH (around $90.3 million) short position, with unrealized profits exceeding $21.45 million. Over the past month, this trader has netted more than $20 million trading ETH. The size and persistence of the short position highlight a bearish stance on Ethereum, drawing attention to potential market pressure if the position remains open or leads to further selling.
FunToken surged over 50% in five days, fueled by rising demand and a solid support formed on Monday. After doubling its price, the token faced rejection near $0.0084, triggering a minor pullback on lower timeframes. Bulls aim to reclaim the $0.01 level; a successful break could target $0.015 as a new yearly high. Key support sits at $0.004, with deeper levels at $0.0031 and $0.0026. Failure to hold these may invite bearish pressure. Currently, the trend remains bullish but hinges on a rebound above rejected highs.
SEI price analysis shows a 30% recovery over the last week after finding support above $0.15. The SEI price has formed a double-bottom pattern and cleared a key monthly resistance line. A daily close above $0.28 would confirm a neckline breakout, targeting $0.347 and potentially $0.434. On the downside, a pullback to $0.185 or lower support at $0.159 and $0.13 is possible if Bitcoin’s recent downturn drags SEI down. Overall, the SEI price outlook is bullish, with high volatility and clear levels to watch for traders.
Texas Governor Greg Abbott on June 22 signed SB 21, authorizing the state auditor to establish a strategic Bitcoin reserve fund. Texas becomes the third U.S. state—after New Hampshire and Arizona—to hold a dedicated BTC reserve. The fund, managed outside the state treasury, may draw on legislative appropriations, special revenues, crypto fork and airdrop proceeds, investment yield and donations. The auditor will use strict investment criteria and cold wallets for security. SB 21 empowers annual Bitcoin purchases up to $500 million and creates a five-member advisory committee to report on risk and performance. Supporters view the Bitcoin reserve as a hedge against inflation, a diversification of public assets and a signal to attract digital-asset businesses. Critics warn of price volatility, cybersecurity risks and public fund exposure. This move marks another milestone in state-level crypto adoption, potentially boosting institutional Bitcoin demand and reinforcing market confidence.
El Salvador increased its Bitcoin reserves by 8 BTC over the past seven days, bringing its total holdings to 6,215.18 BTC, worth approximately $635.7 million. The Central American nation, which adopted Bitcoin as legal tender in 2021, continues to expand its crypto portfolio despite market volatility. This latest accumulation underscores El Salvador’s commitment to long-term Bitcoin investment and contributes to the nation’s strategy of diversifying foreign reserves. Traders may interpret this activity as a sign of confidence that could support upward price momentum.
Eight asset managers have submitted or amended S-1 filings for a spot Solana (SOL) ETF in anticipation of imminent approval by the U.S. Securities and Exchange Commission (SEC). The contenders, in order of initial filing, are VanEck, 21Shares, Canary Capital, Bitwise, Grayscale, Franklin Templeton, Fidelity, and newcomer CoinShares. Each prospectus addresses SEC-mandated staking provisions, reflecting industry standards for handling SOL rewards. VanEck leads with a year-old application and champions a first-come, first-served approval principle. 21Shares and Canary Capital follow closely, while Bitwise and Grayscale seek to convert existing Solana trusts or ETPs. Franklin Templeton and Fidelity leverage their vast ETF operations, with Fidelity projected as a major inflow conduit. CoinShares joins late but brings European ETP experience. Approval would mark Solana as the third crypto asset, after Bitcoin and Ethereum, to gain a U.S. spot ETF, potentially driving significant institutional inflows and enhanced liquidity.
Bitget has expanded its sports marketing portfolio by partnering with MotoGP as a regional sponsor, covering key Asian markets. The deal—following previous partnerships with FC Barcelona and PSG—positions Bitget as an official MotoGP supporting partner, aiming to boost brand visibility among millions of motorsport and crypto enthusiasts. Under the agreement, Bitget branding will feature on select MotoGP circuits, digital broadcasts and fan events. Stefano Hogya, Bitget CEO, noted that this move aligns with the firm’s strategy to drive user growth and reinforce its position in the fast-growing Web3 ecosystem. Early indicators suggest a 15–20% uptick in new sign-ups from regions covered by the sponsorship. The partnership leverages MotoGP’s 400 million annual global audience, offering unique fan engagement opportunities such as interactive NFT giveaways and on-track activations. Traders should watch for increased attention on Bitget’s native BGB token, which may see heightened volume and volatility following promotional campaigns.
Analysts identify XRP, Avalanche (AVAX), Dogecoin (DOGE) and newcomer MAGACOIN FINANCE (MGF) as top undervalued cryptos in Q2 2025. Regulatory clarity around XRP after Ripple’s legal win is spurring institutional ETF filings, futures growth and on-chain accumulation. Avalanche’s enterprise‐grade subnets and real-world asset integrations—from property tokenization to cross-border trade—boost its utility and institutional trust. Dogecoin’s transition into a payment asset, improved transaction speed initiatives and rising whale accumulation are driving renewed interest and potential ETF exposure. Emerging MAGACOIN FINANCE with its capped supply is drawing high-volume buyers ahead of major listings. Together, these catalysts suggest a bullish phase of strategic accumulation across key altcoins.
Bitcoin price forecast points to a potential peak of $330,000 this cycle, driven by its historical bull–bear market patterns and growing institutional adoption. Analysts highlight that each previous Bitcoin bull run has ended with a new all-time high, suggesting the current cycle may follow suit. Key growth drivers include increased portfolio allocations by major financial institutions, macroeconomic factors like inflation concerns, and Bitcoin’s role as a hedge against currency devaluation. Regulatory clarity in major markets and blockchain innovations—such as improved scalability and integration with DeFi and NFT platforms—further support the bullish outlook. However, traders should remain aware of heightened volatility and geopolitical or policy shifts that could trigger rapid price corrections. Risk management strategies like diversification and continuous market monitoring are recommended to navigate both short-term swings and long-term opportunities.
South Korean Financial Services Commission (FSC) has outlined a roadmap to launch spot Bitcoin ETFs and other crypto ETFs in the second half of 2025. The plan includes clear Bitcoin ETF rules on custody, trading platforms and fund evaluation. Retail investors will access Bitcoin ETFs via traditional brokerage accounts. Alongside ETFs, regulators aim to introduce a won-pegged stablecoin by late 2025, with strict issuance, reserve and audit standards to curb capital flight. Enhanced investor protections feature a one-strike policy for market manipulation and faster delisting for non-compliant firms. The FSC is also considering extending Korea Exchange trading hours to boost liquidity. Market analysts note that Bitcoin ETFs approval could channel local holdings into regulated products, reduce volatility and attract cautious capital. However, successful rollout hinges on robust custody rules, real-time pricing and transparent audits.
Bullish
Bitcoin ETFSouth Korea CryptoStablecoinFSC RegulationMarket Liquidity
XRP’s on-chain metrics have declined sharply, with new wallet creations down 80% since January 2025, falling from nearly 30,000 per day at the peak of its late-2024 rally to just 2,000–5,000 daily in mid-June 2025. Daily active addresses also dropped from 577,000 to 34,000. Crypto analyst Coin Bureau argues this slump in on-chain activity makes a swift return to the $3 price level unlikely, warning that waning user engagement removes a key rally driver. Conversely, analyst Moon Lambo views the reduction as a natural correction following an abnormally high post-election spike, maintaining that XRP’s fundamentals remain strong and that the broader market is experiencing a temporary lull.
Bearish
XRPon-chain activitywallet creationprice outlookGlassnode data
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.