Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

On-chain metrics and technical indicators point to a significant sell-off risk for XRP, potentially driving a 35% correction to the $1.35–$1.60 range. Early investors who bought below $0.50 are realizing profits at over $68 million per day, echoing the 2017 market peak. More than 70% of XRP’s realized market cap formed since late 2024, creating a top-heavy distribution that historically precedes sharp pullbacks. The Spent Output Profit Ratio (SOPR) for coins held 3–6 months has fallen toward breakeven, while 6–12 month holders still face an average loss cushion, with a $1.35 cost basis against the current $2.14 price. A descending triangle pattern on the weekly chart reinforces a bearish outlook. However, a rebound off the 50-week EMA could invalidate this scenario and trigger renewed upside. Traders should monitor on-chain metrics, SOPR levels, key technical supports, and patterns to manage risk and position for either a deeper retracement or a potential rebound.

Bloomberg analysts now assign over 90% odds that the SEC will approve spot Bitcoin and major altcoin crypto ETFs, reflecting constructive, ongoing dialogues on surveillance agreements, compliance frameworks and investor protections. Key filings include spot BTC ETFs and high-probability XRP ETF proposals, while newer SUI ETF applications face lower odds (~60%) due to limited futures markets and regulatory uncertainty. Approval could unlock substantial institutional flows—from pensions to wealth managers—enhance liquidity, simplify regulated crypto exposure for retail traders, and bolster market legitimacy. Traders should monitor SEC updates, research ETF structures and expense ratios, and prepare for potential short-term price moves and a lasting boost to market stability.

Bloomberg analysts James Seyffart and Eric Balchunas have lifted the odds of SEC approval for spot altcoin ETFs to over 90% for XRP, Dogecoin (DOGE), Cardano (ADA), Solana (SOL) and Litecoin (LTC), citing constructive engagement with regulators and the SEC’s acknowledgment of 19b-4 filings and S-1 updates. Approval forecasts for Polkadot (DOT), Avalanche (AVAX) and Hedera (HBAR) also stand at 90%, while SUI trails at 60% due to regulatory uncertainty and the absence of a futures market. Prediction markets on Polymarket are even more optimistic, pricing XRP at 98%, SOL at 91% and DOGE at 71%. Key SEC deadlines include October 10 for SOL and October 17 for XRP. Cardano’s ecosystem gains momentum after Iagon’s partnership with Ford Motor Co., and technical analysis warns of near-term headwinds for SOL, with support near $123 and resistance around $140. ETF Store president Nate Geraci forecasts a breakout year for crypto ETFs in 2025, including spot ETH staking and in-kind creations. If approved, these altcoin ETFs are expected to boost liquidity and draw new inflows into the crypto market.

MAGACOIN FINANCE has become 2025’s fastest-growing crypto presale, drawing strategic investors with its fixed 170 billion token supply, full HashEx audit and a 100% PATRIOTS100X bonus. Meanwhile, Ethereum (ETH) holds between $2,750 and $3,300 amid institutional optimism for an ETH spot ETF and expanding DeFi adoption—but many traders believe ETH’s upside is priced in and are rotating into smaller-cap, higher-ROI projects. Key altcoins show mixed momentum: Polygon (MATIC) trades at $0.23–$0.24, Chainlink (LINK) at $15.80–$16.50 awaiting a breakout above $17.45, Polkadot (DOT) edges toward $6.00, and Uniswap (UNI) consolidates after peaking at $8.40. Injective (INJ) retains solid DeFi integrations but lacks fresh catalysts, while Bitcoin Cash (BCH) rallies fade without new innovations. MAGACOIN FINANCE’s viral branding, transparent tokenomics and early staking rewards reduce sell-pressure and position it as a new momentum play for traders seeking aggressive upside beyond Ethereum.

Semler Scientific, a U.S. medical device firm and the second publicly traded company to adopt a Bitcoin treasury strategy, plans to accumulate up to 105,000 BTC by mid-2027. Having held 4,449 BTC since May 2024, the company targets 10,000 BTC by year-end and will execute phased dollar-cost-averaging buys over 24–30 months to hedge inflation and diversify its balance sheet. Semler has engaged Galaxy Digital as its crypto partner and will report quarterly Bitcoin holdings. The move underscores growing institutional adoption of Bitcoin—AIMA and PwC data show 47% of hedge funds now hold crypto, up from 29% in 2023—and reflects a contrarian bet that could pay off if mainstream skepticism wanes.

XRP has surged over 300% since November 2024, holding above $2 within a tight $2.06–$2.34 range as bulls take substantial profits. On-chain data shows whale wallets added 260 million XRP and mid-tier holders bought over 100 million in the past 30 days. Institutional inflows into XRP funds reached $11 million last week and $206 million year-to-date—the highest among altcoins. Recent developments include the launch of spot XRP ETFs in Canada, SEC public comments on US ETF proposals, and Ripple’s partnerships in stablecoins and regulatory outreach. Traders are eyeing the SEC v. Ripple ruling expected August 2025, which could remove legal uncertainty and accelerate adoption. Key technical levels: support at $2 and resistance at $2.25–$2.34, with targets of $2.65 in the short term and $3.40 by Q3.

Federal Reserve Governor Christopher Waller signaled on CNBC that the Fed is considering interest rate cuts as soon as the July 29–30 FOMC meeting, citing easing inflation pressures and the need to act before any labor-market slowdown. Despite holding the benchmark rate at 4.25%–4.5% for a fourth straight pause, Fed policymakers remain divided: the dot plot shows seven officials expecting no cuts in 2025, two seeing one cut, and ten projecting two or more. Market odds for a July cut remain low at around 10%, according to CME FedWatch. President Trump’s calls for at least two percentage points of rate cuts to bolster growth contrast with Waller’s gradual, data-driven approach. Fed Chair Jerome Powell noted that recent tariffs have pushed May inflation to 2.4% but views this effect as a one-off price level change. For crypto traders, earlier interest rate cuts could weaken the dollar and trigger bullish momentum in digital assets, though timing and pace will depend on incoming data and Fed consensus.

A North Korea–linked group, Famous Chollima (Wagemole), has launched a sophisticated phishing campaign targeting crypto job seekers in India. Impersonating recruiters from Coinbase, Uniswap and Robinhood, they lure candidates into video interviews under the guise of technical assessments. During calls, victims execute commands purportedly to update video drivers, which instead install PylangGhost, a Python-based remote access trojan. Once deployed, the malware harvests system information, captures screenshots, and steals credentials from over 80 browser extensions—including MetaMask, Phantom, TronLink and MultiverseX—as well as from password managers. Cisco Talos researchers note PylangGhost mirrors earlier GolangGhost features but contains no AI-generated code. This campaign highlights rising phishing and remote-access threats in crypto, underscoring the need for tighter safeguards around wallet credentials.

Bitcoin’s resilience amid geopolitical tensions and a steady Federal Reserve has reinforced its market dominance, delaying the anticipated altcoin season. Institutional inflows via Spot Bitcoin ETFs, a 2.3× increase in corporate Bitcoin holdings in 2024, and favorable U.S. stablecoin legislation have concentrated capital in BTC. While traditional markets faced uncertainty from the Israel-Iran conflict and rate decisions, Bitcoin held firm. Analysts now eye a $100,000 support level—and even a potential run to $150,000—as improved geopolitical conditions and rising M2 money supply could fuel further gains. Traders are advised to focus on long-term HODLing, dollar-cost averaging to manage volatility, and strict risk management, while monitoring macroeconomic and regulatory developments.

Crypto traders are watching as former President Donald Trump endorses the Senate-approved GENIUS Act—Guiding and Establishing National Innovation for US Stablecoins—urging the House to pass a clean version without delays or add-ons. Meanwhile, Polymarket’s decentralized prediction market assigns an 89% probability to the GENIUS Act becoming law. The measure includes licensing requirements, 100% reserve backing, mandatory audits for large issuers, and rules for foreign stablecoin providers. Sponsors aim for final approval before July 4 to avoid another Senate review. Swift enactment could strengthen stablecoin regulation, boost market trust, and help issuers like USDC and PAX compete globally, though compliance costs may pressure smaller firms. Traders should monitor House debates, proposed amendments, and industry feedback for trading signals.

Bitcoin’s on-chain transactions have fallen to an 18-month low, with the seven-day average dropping from over 700,000 in early 2024 to around 350,000 daily. The slump follows fading interest in NFT protocols Ordinals and the BRC-20 standard Runes, which generated 15.6 million transactions and $162 million in fees over four months. Average fees have plunged below $1.50, easing block competition but squeezing miner revenue after the halving. To capture low-fee demand, miner pool MARA launched Slipstream, allowing 1 sat/vB transactions to bypass node-relay policies. This move has sparked debate among Bitcoin Core developers over network health and censorship resistance. Lower fees benefit everyday users but force miners to rely mainly on block rewards. Traders should watch for renewed Ordinals or Runes activity, data-limit adjustments, or Layer-2 solutions as possible catalysts for the next uptick in Bitcoin transaction volume and fees.

Ethereum (ETH) is consolidating at around $2,795, testing resistance at $2,835 ahead of a potential bullish breakout. Key support levels stand at $2,775 and $2,713, while a sustained climb above $2,835 could target $3,000. Technical indicators, including rising RSI, MACD and volume, signal growing upside momentum. Chainlink (LINK) is rolling out enhancements to its Cross-Chain Interoperability Protocol, promising faster, more reliable oracle data for DeFi and enterprise use cases. The upgrade is expected to strengthen LINK’s medium-term growth prospects as demand for secure data feeds intensifies. In presale news, Web3 ai’s WAI token is trading at $0.000443 in Stage 9, with a confirmed listing price of $0.005242—implying a 1,747% potential return for early investors. Having raised over $8 million and featuring deflationary token burns tied to platform usage, Web3 ai’s AI-driven tools on Ethereum, Solana, BNB Chain and Polygon are gaining traction. Traders should monitor ETH’s price action for breakout cues, track Chainlink’s oracle upgrades for mid-term demand drivers, and consider the high-risk, high-reward opportunity presented by the WAI presale.

The Trump family, via DT Marks DEFI LLC, quietly reduced its holding in the World Liberty Financial stablecoin venture from 60% to about 40% over an 11-day period. Following earlier stake cuts in December and January, the latest sale coincided with Circle’s IPO-driven market surge and new Senate stablecoin regulations. Since its September 2024 launch, World Liberty Financial has raised over $550 million, including more than $200 million in token sales within 29 hours post-inauguration. Valued alongside public issuers like Circle, the project could be worth $1.7 billion, suggesting the family netted up to $190 million—approximately $135 million to Donald Trump personally. The unannounced transactions raise transparency concerns among crypto traders, highlighting potential insider exit strategies and regulatory scrutiny ahead.

South Korea’s Financial Services Commission (FSC) has launched a formal investigation into transaction fees charged by major domestic crypto exchanges—including Upbit, Bithumb and Coinone—to assess if fees should be reduced. The probe, aligned with President Lee Jae-myung’s promise to make trading more cost-effective, will benchmark local fees against international standards and examine their deterrent effect on younger investors. Since the Virtual Asset User Protection Act took effect in July 2024, exchanges have faced tighter rules and higher supervision fees. The FSC will also evaluate risks of linking traditional and crypto markets as it explores spot crypto ETFs in H2 2025. Lower fees could attract more retail traders, boost volumes and improve market fairness, though smaller platforms may struggle with compliance costs and margin pressure. This inquiry may shape global perceptions of South Korea’s crypto market and set a precedent for competitive pricing.

XRP has traded in a tight $2.13–$2.19 range around the 38.2% Fibonacci retracement level, signaling low volatility before a potential surge. Volume-driven spikes to $2.16 indicate growing buyer interest as technical indicators (RSI, MACD) remain flat. Prominent advocate Amonyx and analyst EGRAG CRYPTO project a dramatic breakout toward $20+, citing Fibonacci extensions and historical resistance zones. Key catalysts include an expected final ruling in the Ripple vs. SEC lawsuit and renewed market sentiment amid spot ETF speculation. Traders should monitor critical support at $2.00 and watch for a decisive move above $2.19 or below $2.13 to identify entry and exit opportunities.

Kraken has rolled out native Bitcoin staking through an integration with Babylon, allowing users to lock BTC in a custodial vault on the Bitcoin chain via scripts and cryptographic protocols. Participants can delegate their staked BTC to proof-of-stake networks and earn rewards paid in BABY, the governance token of Bitcoin-secured Layer 1 Babylon Genesis. The service features a flexible seven-day unbonding period for unstaking, maintaining user control and liquidity. Following the launch, the BABY token saw a short-term price surge, highlighting positive market reception and competitive pressure from other exchanges like Binance. Traders should monitor Bitcoin staking adoption rates and BABY token performance as indicators of broader DeFi growth and potential BTC demand shifts.

The cryptocurrency market is seeing renewed optimism as US spot Bitcoin ETFs record strong inflows, posting $388.3 million in a single day and marking eight consecutive days of gains. BlackRock’s iShares Bitcoin Trust and Fidelity’s Wise Origin Bitcoin Fund are leading the way, reflecting ongoing institutional interest in Bitcoin even amidst global economic uncertainty and heightened geopolitical risk, particularly in the Middle East. The Federal Reserve’s decision to keep interest rates unchanged, with signals of two potential rate cuts by year-end, is strengthening the risk appetite for digital assets. While overall market capitalization experienced a temporary decline and trading volumes fluctuated, blue-chip tokens like BTC and ETH remain resilient, with ETF inflows providing key support. In response to this positive environment, early-stage projects such as the Bitcoin Pepe (BPEP) presale have gained traction, raising over $15 million as investors seek exposure to high-growth potential meme coins and innovative Layer 2 solutions. Bitcoin Pepe aims to combine meme coin appeal with technical substance, featuring cross-chain Layer 2 integration and upcoming listings on major centralized exchanges like MEXC and BitMart, with a significant announcement scheduled for June 30. Market participants are closely monitoring both institutional trends in ETFs and capital rotation into emerging projects, as these dynamics could drive new volatility and trading opportunities. Geopolitical tensions, Fed policy direction, and regulatory developments remain crucial factors to watch. Overall, short-term sentiment is cautiously bullish, with inflows and presale enthusiasm potentially signaling a new cycle of market engagement.

US President Donald Trump has appealed to the House of Representatives for the swift passage of the GENIUS Act, a landmark stablecoin regulation bill following its strong bipartisan approval in the Senate (68-30 vote). The GENIUS Act would impose strict regulatory requirements on payment stablecoin issuers, such as compulsory licensing, full reserve backing (1-to-1 with US Treasury bonds and cash equivalents), annual audits for major issuers (over $50 billion market value), and oversight mechanisms involving coordination with federal and state regulators. Trump highlighted the importance of rapid legislative action to avoid delays or amendments, aiming to boost significant investment and innovation in the US digital asset sector while challenging the dominance of legacy payment networks. Industry leaders, crypto advocates, and issuers, including Circle and Coinbase, expressed strong support, with notable market reactions: Circle shares jumped 34% and Coinbase rose 16%, while traditional payment players Visa and Mastercard fell by roughly 5%. The Act’s advancement signals a marked shift from prior Biden-era enforcement-led approaches, potentially positioning the US as a global hub for digital asset innovation. If passed by the House, Trump intends to sign the Act into law by August, a move expected to significantly impact the stablecoin market and shift the broader US crypto regulatory landscape. Traders are closely monitoring developments, as increased regulatory clarity could foster greater competition and adoption within the crypto market.

Bitcoin spot ETFs attracted $390 million in net inflows on June 18, marking their eighth straight day of positive flows and pushing cumulative inflows since mid-April past $12 billion, according to SoSoValue. Leading these were BlackRock’s IBIT and Fidelity’s FBTC products, highlighting robust institutional interest. Despite this influx, Bitcoin’s price has remained flat. Market analytics from 10X Research and on-chain data point to persistent selling pressure from large holders, miners, and over-the-counter (OTC) desks, which is quietly offsetting the demand from ETFs. Meanwhile, retail participation appears weak, with low small-transaction counts and subdued Google Trends data for Bitcoin, contrasting previous rallies. Additional headwinds include a recent $1.2 billion in BTC liquidations, constrained USD liquidity since March, geopolitical uncertainty, and ambiguity in Federal Reserve policy direction. Technical indicators show compressed volatility, raising the chance of sharp market moves, while movements from dormant wallets signal potential early holder sell-offs. While institutional demand via ETFs continues and U.S. political sentiment grows more crypto-friendly, analysts caution traders to look beyond headline inflows and watch for liquidity and supply-side dynamics that could drive near-term Bitcoin price volatility.

Iran’s largest crypto exchange, Nobitex, suffered a major hack resulting in the loss of over $81.7 million in digital assets on June 16, 2025. The attack was attributed to the pro-Israel hacker group Predatory Sparrow (Gonjeshke Darande), as part of ongoing Iran-Israel cyber conflicts. Hackers exploited hot wallet vulnerabilities across the Tron network and multiple EVM-compatible chains, transferring assets to inaccessible addresses—effectively destroying the funds rather than seeking profit. Blockchain analysis platforms Elliptic and TRM Labs tracked the stolen assets, which have not yet been moved post-attack, indicating that the perpetrators might be signaling a warning amid political tensions. Nobitex, serving over 7 million users, reassured clients that the majority of funds remain secure in cold storage and losses are covered by an insurance fund and reserves. The breach draws attention to internal control risks and raises concerns about the security of crypto exchanges operating in sanctioned or high-risk jurisdictions. The event underscores increasing geopolitical risk in the crypto sector and may prompt tighter regulation as well as heightened monitoring of exchanges, especially during periods of geopolitical instability. Traders should be alert to ongoing volatility and potential increased scrutiny of platforms in high-risk regions.

The US Senate has passed the GENIUS Stablecoin Bill with strong bipartisan support, introducing comprehensive regulation for stablecoin issuers. The bill mandates anti-money laundering compliance and requires stablecoins to be fully backed 1:1 by US dollars or short-term Treasuries. This legislative move sharply boosted shares of Coinbase (COIN) and Circle (CRCL), as market sentiment turned bullish, anticipating greater regulatory clarity and increased institutional adoption of stablecoins such as USDC—the world’s second-largest stablecoin by market cap. Supporters view the framework as an opportunity to reinforce the US dollar’s dominance and drive demand for Treasuries. However, experts, including academics and former Federal Reserve officials, warn of potential systemic risks: the rapid expansion of the stablecoin market—from $2 billion in 2019 to a projected $230 billion by early 2025—could strain Treasury market liquidity if large-scale redemptions occur during volatility or issuer failures. Heavy reliance on short-term Treasuries may crowd out other bond buyers, alter government debt management, and introduce new vulnerabilities to both the stablecoin and broader financial markets. The bill now heads to the House, where its final form and ultimate impact will depend on ongoing legislative negotiations and political developments. Crypto traders should watch for further regulatory changes, market volatility, and shifts in liquidity as the regulatory landscape evolves.

The US Department of Justice (DOJ) has seized over $225 million in USDT, uncovering a major global ’pig butchering’ crypto scam network. The operation is linked to the collapse of Heartland Tri-State Bank in Kansas, whose former CEO, Shan Hanes, embezzled $47 million in 2023. Hanes sent funds to overseas fraudsters aiming for crypto returns, ultimately losing $3.3 million himself. Authorities tracked over $3 billion in USDT laundered through 237 OKX exchange accounts, spanning 93 scam addresses and more than 100 intermediary wallets, impacting 434 victims. This crackdown follows growing US enforcement against crypto investment scams, with FBI estimates of over $5.8 billion lost to such frauds in 2024. The seized crypto is to be moved to a federal digital asset reserve, though victim recovery remains uncertain. On the same day, New York officials also froze $300,000 in assets tied to social media-based crypto scams. These coordinated actions highlight intensifying regulatory oversight, stressing the need for stronger exchange compliance and asset tracing. Crypto traders should monitor developments closely, as increased scrutiny and enforcement could affect exchange operations, USDT liquidity, and market sentiment.

The US Federal Reserve kept interest rates unchanged in June, maintaining the federal funds rate between 4.25% and 4.50%, in line with market expectations. The Fed’s updated dot plot shows officials anticipate two 25-basis-point rate cuts in 2025, with one additional cut each in 2026 and 2027, reflecting a slight dovish shift. Projections include a downward revision of 2025 US GDP growth to 1.4% and an upward revision in core PCE inflation to 3.1%. Unemployment is forecast to rise modestly to 4.5%. Fed Chair Jerome Powell described the US economy as robust but highlighted above-target inflation and the uncertainty of tariff impacts. Analysts note forecasting tariff effects remains difficult. Equity markets showed mild reactions: the Dow slipped, while the Nasdaq inched up. Bitcoin briefly fell below $104,000 following the announcement but rebounded to near $105,000, posting a modest 0.5% gain in 24 hours. For crypto traders, the Fed’s stance points to ongoing caution, with prolonged high rates, inflation uncertainty, and potential trade tensions posing risks for both equities and crypto. Market volatility may persist, so traders should closely monitor Fed signals and macro developments.

The US Senate’s approval of the GENIUS Act introduces a clear regulatory framework for stablecoins, particularly those pegged to the US dollar such as USDC and USDT. This move is expected to strengthen global trust in dollar-based stablecoins, attract international liquidity, and reinforce the US dollar’s role in cross-border digital transactions. Major banks are preparing to issue their own stablecoins, leveraging programmable money and instant settlement features for institutional clients. Alchemy, partnering with firms like Visa, Coinbase, Stripe, and Robinhood, anticipates most banks will soon enter the stablecoin market. The regulatory clarity may give dollar-pegged stablecoins a strategic edge and drive broader global adoption of ’digital dollar’ assets, even in the absence of a US CBDC. Additionally, the act could pressure other countries to speed up development of CBDCs or stablecoin rules. These developments are expected to encourage innovation, interoperability across blockchain networks, and tailored compliant solutions for banking. For crypto traders, this regulatory shift signals greater confidence and potential growth in the stablecoin sector, shaping both institutional and retail trading activity.

The US Federal Reserve has kept its benchmark interest rate unchanged at 4.25%–4.50% for the fourth consecutive time since December 2024. Recent FOMC projections now signal fewer than two interest rate cuts for 2025, with potential reductions postponed to late 2025 or beyond. This ongoing policy aims to contain inflation and support a resilient labor market, strengthening the US dollar. Historically, strong dollar environments and high interest rates have limited capital flows into cryptocurrencies such as Bitcoin and Ethereum. Following the announcement, Bitcoin remained near $105,000 and Ethereum around $2,500, reflecting subdued trader sentiment. Persistent inflation, ongoing geopolitical tensions—such as the Iran-Israel conflict—and increased political pressure from figures like Donald Trump add further uncertainty to the market. Crypto traders are advised to closely monitor upcoming economic data and the July 31 FOMC meeting, as future crypto market volatility is expected to be driven by macroeconomic developments and central bank communication. For now, with the Fed’s cautious approach and limited rate cut outlook, key cryptocurrencies are likely to remain range-bound until significant changes in inflation or employment data emerge.

The US Senate has passed the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins) by a wide margin, signaling a major advance for stablecoin regulation in the United States. The legislation requires stablecoin issuers to register with authorities, provide 1:1 fiat backing, adhere to anti-money laundering rules, and undergo regular audits. It also introduces amendments to prevent potential conflicts of interest, such as barring elected officials and their families from issuing stablecoins. The bill aims to cement the US dollar’s dominance in the global digital economy by encouraging the mainstream adoption of dollar-backed stablecoins, with Treasury Secretary Scott Bessent forecasting the market could reach $3.7 trillion by 2030. Major institutions like JPMorgan are already engaging in the sector, recently launching the JPMD stablecoin on Ethereum’s Base layer-2 network. The GENIUS Act is expected to bring much-needed regulatory clarity, attract institutional capital, bridge traditional finance and blockchain, and potentially serve as a global standard for stablecoin regulation. The bill will now move to the House of Representatives, where bipartisan support is anticipated.

Bitcoin (BTC) has faced significant volatility as global markets react to rising Middle East tensions and political instability marked by former US President Trump’s premature G7 departure for emergency talks. Despite macro and geopolitical risks, BTC continues to demonstrate resilience, trading between $106,000 and $109,000, with resistance at $108,951-$110,406 and support at $103,132-$106,196. While gold rallies as a traditional safe haven, Bitcoin’s price movements are increasingly driven by global liquidity and institutional adoption. El Salvador has quietly expanded its holdings to 6,209 BTC, highlighting ongoing government-level confidence. Meanwhile, North American miners now control a record 31.5% of global hashrate, reinforcing BTC’s institutionalization. Crypto-related stocks, Circle’s upward momentum, and talk of new JPMorgan-backed stablecoins further signal growing market maturity. Although news-driven price spikes persist, traders appear more measured, treating geopolitical shocks as temporary and focusing on fundamentals. The outlook for BTC remains neutral, with consolidation likely unless a technical breakout or breakdown occurs.

Polyhedra’s ZKJ token experienced a dramatic 83% price crash, falling from $1.92 to as low as $0.32 within hours, triggered by a coordinated liquidity attack and large-scale withdrawals from the ZKJ/KOGE pool on PancakeSwap. The attack exploited vulnerabilities in low-liquidity pools, leading to aggressive selling and cascading liquidations across both decentralized and centralized exchanges. Wintermute was identified as transferring millions of ZKJ tokens to exchanges during the crash, intensifying the sell-off and wiping out $500 million in market capitalization. Abnormal trading activity on centralized exchanges further exacerbated the volatility, shaking trader confidence and causing the token to drop to $0.39. Polyhedra is actively investigating the incident in collaboration with exchanges and has advised caution to ZKJ holders. The team is implementing enhanced security measures to prevent similar attacks. This incident highlights the risks of low-liquidity pools and concentrated token holdings, raising wider concerns about the security and stability of both decentralized and centralized crypto platforms.

Cantor Fitzgerald has publicly endorsed Solana (SOL) as a strong candidate for corporate treasury holdings, marking a notable shift in institutional crypto strategies that have historically favored Bitcoin and Ethereum. Their analysis underscores Solana’s high-speed, low-cost blockchain infrastructure, positioning it as particularly suitable for companies aiming to leverage on-chain finance, decentralized marketplaces, and high-frequency operations. Cantor Fitzgerald’s report initiates coverage on Solana-centric companies such as DeFi Development Corp., Upexi, and SOL Strategies, with bullish price targets of $45, $16, and C$4 respectively, further reflecting growing institutional confidence in Solana’s ecosystem. The analysis highlights Solana’s advantages in developer activity and transaction throughput, contrasting these with Ethereum’s ongoing issues with scalability and gas fees. Notably, the latest update emphasizes a maturing institutional perspective that encourages companies to diversify treasury assets, incorporating Solana alongside established assets like Bitcoin and Ethereum to optimize for specific business needs. However, Cantor Fitzgerald also notes persistent risks, including volatility, regulatory uncertainty, and past network outages. For crypto traders, this high-profile endorsement is likely to boost sentiment and could contribute to increased adoption, liquidity, and long-term market stability for SOL and related tokens, especially if corporate treasury adoption gains momentum.