Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Coinbase has obtained a Markets in Crypto-assets (MiCA) license from Luxembourg, allowing the exchange to passport its custodial wallet, trading, custody and staking services across all 30 European Economic Area countries. Luxembourg’s robust blockchain framework and recent legislative measures were key factors in choosing it as Coinbase’s European hub. As the fifth-largest crypto exchange by volume, Coinbase gains regulatory clarity ahead of MiCA’s full enforcement on June 30, 2024. The firm plans to expand product offerings, strengthen compliance processes and onboard new retail and institutional clients. Analysts say this move could boost customer confidence, drive trading volumes and set a benchmark for other exchanges seeking EU market access.

Ethereum price is consolidating between $2,400 support and $2,800 resistance after recent rallies, forming an ascending channel capped by the 200-day EMA and a February order block. Momentum indicators like the RSI remain neutral, while the 4-hour chart shows consolidation below the 0.5–0.618 Fibonacci zone ($2,600–$2,700). A break above $2,700–$2,800 could trigger a bullish move toward $3,000, whereas a drop below $2,400 risks sliding to $2,150. On-chain data confirm long-term accumulation: exchange reserves have fallen to 18.8 million ETH, stablecoin supply shifts and bridged netflows point to fresh capital inflows, and smart money (1K–10K ETH holders) continues to buy. Institutional reserves now exceed $3 billion across 38 entities, and ETH ETF inflows remain positive. A liquidation heatmap at $2,400 highlights potential for a short squeeze. Technical patterns—a descending triangle on ETH/BTC and an ascending triangle on ETH/USD—suggest a breakout that could propel Ethereum beyond $8,000, especially if SEC approval of ETH staking spurs further institutional demand.

Elon Musk’s X is rolling out an AI-powered crypto trading and investing service through its upcoming X Money wallet, set to launch later this year in partnership with Visa. Integrated with the Grok AI assistant, the platform will let users buy and sell cryptocurrencies, track wallets, copy influencers’ trades and access real-time market analysis—all within the social app. With over 550 million users and support for blockchains like Solana, TON and Arbitrum, X aims to undercut fees on Binance, Coinbase and Robinhood, plus introduce peer-to-peer payments, tipping, and potential native tokens such as $GROK or $XCOIN.

On June 18, Iran’s largest crypto exchange suffered a massive Nobitex hack that drained and burned nearly $90–100 million in BTC, ETH, DOGE, XRP, SOL, TRX and TON. Analysts point to a political motive after stolen funds were sent to a burn address. Nobitex moved remaining assets to new cold wallets and the Central Bank of Iran imposed trading hours from 10 AM to 8 PM. Meanwhile, the US Senate passed the GENIUS Stablecoin Act by a 68–30 vote, setting up the first stablecoin regulatory framework expected to take effect by early 2026 upon further approval. In DeFi markets, Nasdaq-listed Eyenovia raised $50 million to acquire and stake over 1 million HYPE tokens and will rebrand as Hyperion DeFi (HYPD). Tron (TRX) confirmed a $210 million SPAC merger with SRM Entertainment, including $100 million earmarked for TRX buybacks. Japan’s Metaplanet boosted its Bitcoin holdings above 10,000 BTC. Looking ahead, the Bank of Korea will meet on won-pegged stablecoins next week, and Nigeria’s new SEC stablecoin marketing rules take effect June 30, requiring VASPs and influencers to obtain approval.

Circle shares surged nearly 13% pre-market to $225.78, following a 34% rally that first pushed the stock above $200. Airwallex CEO Jack Zhang publicly called for shorting the stock, but trader confidence in Circle’s USDC ecosystem and business outlook remained strong. Meanwhile, UK fintech Revolut is in talks with crypto-native partners to issue its own stablecoin, highlighting growing non‐crypto firm interest in stablecoin launches. On-chain Bitcoin activity hit an 18-month low, with Runes and Ordinals volume down and fees under $1.50. Plasma’s EVM-compatible sidechain for stablecoins plans a summer 2025 mainnet launch, backed by a $1 billion deposit and supporters like Peter Thiel. Thailand’s SEC is consulting on new digital asset listing rules until July 21. High-net-worth investors also made moves: Mexico’s Ricardo Salinas Pliego raised his BTC allocation to 70% of his portfolio, and Semler Scientific appointed a Bitcoin strategy director targeting 105,000 BTC reserves by end-2027.

Gate’s May 2025 Transparency Report confirms a surge in global trading activity and platform growth. The exchange ranked second worldwide in 24-hour spot trading volume and saw significant futures volume gains. User numbers topped 27 million. Gate Earn now manages $2 billion across 1,000 assets, while structured products cover 60 tokens. An oversubscribed PFVS Launchpad raised $656 million. Launchpool, HODLer Airdrop and CandyDrop awarded millions of USDT in rewards. Reserve assets reached $10.865 billion, with a coverage ratio of 128.57% (BTC at 137.69%). Gate secured a VARA Dubai VASP license and unified its brand under Gate.com with a new logo. Major marketing events in Dubai, Monaco and Milan, plus partnerships with Oracle Red Bull Racing and Inter Milan, boosted Web3 engagement. Educational programs via Gate Learn and Gate Research and a São Paulo animal welfare campaign underscore social responsibility. This comprehensive update highlights Gate’s strengthened market position, compliance progress and product innovation – key factors for crypto traders assessing platform stability and growth potential.

Bitcoin Cash (BCH) has rallied nearly 20% this week, outperforming major cryptocurrencies as volume surged over 500% in a single hour. Institutional buying amid U.S.-China trade tensions and a hawkish Fed stance drove BCH from $462 to a two-month high near $492. At press time, BCH trades around $492, up 7% in 24 hours, and has overtaken SUI to rank 12th by market cap. Technical indicators are bullish: BCH cleared long-term trendline resistance near $472, holds above the 100-hour SMA, the RSI sits at 68, and the MACD turned positive. Momentum confirmation (MCD) is also in positive territory, signaling strong buying pressure. Multiple tests of the $500 level have formed a consolidation zone between $485 and $492. A decisive break and flip of $500 into support could pave the way for $505 and $615 targets. Historically, Q3 has favored BCH, reinforcing expectations of further upside. Traders should watch volume spikes and market sentiment for confirmation of a sustained rally.

Bitcoin is under bearish pressure as liquidity on major exchanges thins. Spot Bitcoin ETF inflows have plunged over 60% since April, while whale accumulation has fallen by 50%, pushing CryptoQuant’s Demand Momentum to all-time lows. On-chain metrics show that 38,000 BTC were sold into weak order books on Binance, Bybit, Coinbase, OKX and Kraken over three weeks. Persistent taker-side selling in perpetual futures echoes pre-$90K breakdown patterns. Analysts warn that failure to reclaim $108.5K could lead Bitcoin to test support at $96K–$98K and potentially dip into the $80K range. Institutional signals offer mixed context. Glassnode reports steady large transfers and rising derivatives volumes that now exceed spot trading by up to 16×. Semler Scientific plans to grow its holdings to 105,000 BTC by 2027. Santiment notes a rise in wallets holding 10+ BTC alongside a drop of 37,000 small addresses—a historical precursor to rebounds. Traders should weigh weakening retail demand against enduring “smart money” accumulation when positioning for short-term volatility or long-term trends.

Meta Platforms announced a $14.8 billion deal to acquire a 49% stake in Scale AI, a leading provider of labeled data for machine learning. Following the disclosure, OpenAI confirmed it has reduced its reliance on Scale AI over the past year, now partnering with specialized firms such as Mercor for AI training data. Interim CEO Jason Droege stressed Scale AI will remain independent and committed to data security. Other major players—including Google, Microsoft and xAI—have also scaled back or ended relationships with Scale AI in response to Meta’s investment. This move underscores Meta’s strategy to bolster its AI ecosystem through equity investments, talent recruitment and partnerships, while prompting competitors to diversify their data supply chains.

Ripple has filed a motion asking U.S. District Judge Analisa Torres to lift the court-imposed ban on institutional sales of XRP—a request unexpectedly backed by the SEC. Under the proposal, Ripple would pay a $50 million fine, suspend all appeals, and resume selling XRP to institutional clients. Although the next procedural update is slated for August 15, 2025, former SEC regional director Marc Fagel clarified there is no formal extension and Judge Torres can rule on the motion at any time. The legal move comes amid growing frustration over U.S. regulatory delays, especially compared to Canada’s approval of spot XRP ETFs, which could channel $200–300 million into XRP. Meanwhile, the SEC has opened formal proceedings on the Franklin XRP Spot ETF, further extending its review. Traders should watch for a swift ruling, as lifting the ban and SEC support could unlock renewed institutional demand for XRP and influence price dynamics.

Santiment’s latest Bitcoin wallet distribution data shows a clear divergence: 231 new whale wallets holding over 10 BTC appeared in the past 10 days, while 37,465 small wallets (0.001–10 BTC) exited. Bitcoin wallet distribution shifts often precede bullish trends. Social sentiment is split evenly between bulls and bears (1.03:1), and the Crypto Fear & Greed Index sits at a neutral 54/100. Ethereum mirror metrics reveal major holders accumulating ETH even as retail traders cash out. Bitcoin trades near $104,600, up 3% over the past 14 days. Traders should monitor Bitcoin wallet distribution and sentiment indicators closely to anticipate potential price moves.

Bitcoin is forming a bullish inverse head and shoulders pattern on the three-day chart, signaling a potential end to the recent downtrend and the start of a new uptrend. A decisive breakout above the neckline could drive BTC toward $150,000, marking a fresh all-time high. Supporting this outlook are a major pennant formation, a steady on-balance volume (OBV) increase suggesting smart-money accumulation, and exchange BTC balances sliding to 2017 lows—indicating reduced selling pressure. Historical precedents saw similar OBV divergences precede substantial rallies, while alignment with Bitcoin’s power-curve cycle points to a peak in late 2025. Traders should watch for a confirmed breakout with rising volume and manage risks around failed breakouts, OBV reversals, or adverse macro and regulatory events.

Bitcoin price has stayed above $100,000 for over 40 days, underpinned by record network uptime and growing miner activity. On-chain data shows short-term holders sold around 15,000 BTC at a loss this week, dragging prices from $106,500 to $103,500, but long-term holders absorbed the supply, suggesting a stabilizing transfer. Trading volumes on major exchanges have climbed 25% month-on-month, while futures open interest hit all-time highs, driven by institutional buying and anticipation of spot Bitcoin ETF approvals. The network’s median transaction fee remains low, supporting robust on-chain usage. Traders are eyeing key support at $98,000 (with a critical zone between $94,000 and $97,000) and resistance near $105,000. With strong-hand accumulation buffering against deeper declines, renewed buyer demand could spark the next leg up.

XRP price has traded in a tight $2.10–$2.50 range for over four months following its late-2024 rally, forming a symmetrical consolidation pattern. On-chain data from Glassnode shows investors have been cashing out roughly $70 million in realized profits daily, many having accumulated near $0.60 before the US elections. Volatility indicators point to an imminent move: Bollinger Bands are at their narrowest since January, while the RSI at 44 signals room to climb. Institutional catalysts, including the Toronto Stock Exchange’s listing of three spot XRP ETFs and whale balances rising above 1 million XRP, underpin bullish sentiment. A decisive breakout above $2.50 could target previous highs at $3.40 and even $5.00, offering traders a clear entry point.

Binance has rolled out a crypto inheritance feature as of June 12, enabling users to designate emergency contacts and heirs for seamless digital asset succession. The service supports Bitcoin (BTC), Ethereum (ETH) and Binance Coin (BNB), allowing beneficiaries to claim assets by submitting verification documents such as a death certificate, bypassing lengthy legal procedures. CEO Changpeng Zhao (CZ) announced the launch on X and called on all exchanges to adopt similar inheritance tools. He cited an estimated $1 billion in unclaimed crypto assets annually due to poor estate planning and proposed regulatory updates to permit restricted minor accounts under trust-like conditions. Early market feedback has been positive, and Binance plans ongoing refinements based on community input.

Bitcoin price has entered a decisive volatility window from June 21–23, with key intraday ranges between $104,463 and $106,133, and support at $99,705. A close above $108,316 could propel Bitcoin price toward $109,598 and $111,696, while a drop below $99,705 may trigger a deeper pullback toward $89,294 (2.618 Fibonacci). On higher timeframes, Bitcoin remains above all major moving averages, with weekly fair value gaps intact and a bullish 100/200-day MA crossover looming. Between June 9–18, BTC ETF inflows totaled $2.408 billion despite prices slipping from $110,000 to $104,000, indicating strong demand but possible sell pressure. Traders should watch for a sustained move above $110,000 and monitor geopolitical developments in Iran, which could catalyze the next leg up or deepen retracements.

Solana (SOL) has traded in a $140–$160 range since late May, dipping to $145 on renewed Middle East tensions. After failing to hold above $147.80, SOL closed near session lows amid strong $4.2 billion trading volume. Technical indicators show resistance at $147.80 and key support near $144, with RSI and MACD in oversold territory, signaling a potential breakout. Canadian institutional investor Sol Strategies filed to list on Nasdaq under ticker STKE, holding over 420,000 SOL and planning a treasury-focused fundraise. Core fundamentals remain solid: $8.3 billion in TVL, the upcoming Alpenglow consensus upgrade and Firedancer validator aim to boost speed and security later this year. Meanwhile, Solaxy (SOLX), Solana’s first Layer-2 network, raised $54.8 million in its presale and promises ultra-low fees, its own DEX and launchpad, and a 40% token burn. These developments underpin forecasts of $300 by Q4 and $400 by year-end.

A blockchain security startup led by Variant Fund and Quantonation has secured $6 million to develop quantum-resistant cryptography for Bitcoin. The project will roll out an off-chain Yellowpages registry for post-quantum key pairs and proofs, avoiding disruptive on-chain changes. Teams will also collaborate with Bitcoin core developers to integrate hash-based and lattice-based signature schemes via a soft fork, ensuring backward compatibility. With ECDSA vulnerabilities looming as quantum computing advances, this initiative strengthens Bitcoin’s security and offers a proactive blueprint for post-quantum defense.

Shiba Inu (SHIB) has consolidated around a key support zone at $0.000011 after a 19% monthly decline and a $2 billion market-cap drop. On-chain data from IntoTheBlock shows 43.8 trillion SHIB were accumulated at $0.000011 across 222,450 addresses, forming a strong price floor. Whale wallets added over 1.3 trillion SHIB in 24 hours, driving net inflows to 1.34 trillion. Despite this, 88.88% of holdings remain out of the money and large transaction volume is down 88%, heightening sell-off risk if support breaks. Technical indicators offer mixed signals: a weekly double-bottom could target $0.000022, daily RSI nears oversold, and narrowing Bollinger Bands suggest short-term consolidation, but the MACD remains bearish and a close above the 20-day SMA at $0.0000124 is needed to confirm recovery. Traders should watch whale accumulation, burn rate improvements, and key levels at $0.0000110 and $0.0000124 for potential entry points. Additionally, Solana Layer 2 project Solaxy has raised $54.7 million in its $SOLX token presale, underscoring broader market fundraising activity.

The SEC has postponed its decision on Franklin Templeton’s spot XRP ETF from June 17 to late July and opened a public comment period. Franklin Templeton, the largest filer, joins Bitwise and 21Shares in the race for a spot XRP ETF. Meanwhile, BBVA now advises high-net-worth clients to allocate 3–7% of their portfolios to Bitcoin and Ethereum, with BBVA Switzerland offering crypto guidance since September 2024. On June 19, Coinbase added the Ethereum-based Spark token (SPK) as “Experimental” and launched SPK perpetual futures on its International and Advanced platforms, following recent listings of PancakeSwap (CAKE), Lagrange (LA) and Ethena (ENA).

Bitcoin ETF inflows have accelerated amid the US national debt surpassing $37 trillion and growing institutional demand. Since January 2024, US spot Bitcoin ETFs have gathered $46.9 billion in net inflows, managing roughly $125 billion in assets. Over an eight-day stretch, they took in $2.4 billion, including $389.5 million on Wednesday: BlackRock’s IBIT led with $278.9 million, followed by Fidelity’s FBTC at $104.4 million. Smaller products also saw modest gains, while Grayscale’s GBTC recorded a $16.4 million outflow. Fundamentals—Bitcoin’s fixed 21 million supply, fears over fiat inflation and central-bank stimulus—combined with approval of spot Bitcoin ETFs have bolstered institutional confidence. Technological upgrades (Lightning Network, Taproot, Ordinals, Runes) and high-profile allocations by BlackRock, Fidelity, Tesla and GameStop further underpin market sentiment. Analysts warn that Fed hawkishness and macro uncertainty are testing Bitcoin’s $100 000 support level, but the sustained ETF inflows and scarcity narrative point to continued bullish momentum for Bitcoin traders.

XRP has been consolidating around $2.15 after hitting $3.39 in January. Recent technical analysis by CasiTrades and chartist Dark Defender highlights a tight squeeze between support at $2.07 and resistance near $2.25, driven by converging EMAs and a completed cup pattern. Daily RSI at 44.95 and low volatility suggest a breakout is near. Short-term targets include $2.22 at the Fibonacci extension, and a higher aim of $3.61 if XRP breaks above key resistance. A drop below $2.07 could trigger a minor pullback to $2.01 or $1.90. Fundamental drivers such as progress in Ripple’s SEC settlement talks, potential XRP spot ETF approvals, and growing institutional interest in cross-border solutions support a bullish outlook for XRP breakout and sustained buying pressure.

Sol Strategies, a Canadian firm, has filed with the U.S. SEC to list on the Nasdaq under the ticker ’STKE’, building on its existing Canadian Securities Exchange listing as ’HODL’. The company is rebranding around a Solana-centric investment strategy, holding over 420,000 SOL tokens (worth approximately $61.3 million). Recent activity includes issuing $500 million in convertible notes to expand SOL holdings and filing to raise up to $1 billion for future investments in the Solana ecosystem. After announcing the Nasdaq application, Sol Strategies’ stock rose 4.4%, though it remains 17% lower year-to-date and 61% below its all-time high. This move is intended to enhance liquidity and visibility, attracting more U.S. and institutional investors interested in Solana exposure. Despite growing institutional interest in Solana due to its high transaction speed and low costs, SOL’s price saw little immediate impact. However, analysts suggest that such listings may pave the way for increased institutional engagement with Solana-related assets, potentially benefiting both Solana’s network and entities with significant SOL reserves.

Bitcoin (BTC) is at a pivotal moment after a 4.4% weekly decline and prolonged sideways movement. Recent on-chain and technical analysis suggests bearish momentum is subsiding as short-term sell pressure decreases and bullish signals emerge in order books and technical indicators. A narrowing triangle pattern has formed, with Bitcoin trading between $102,000 (key support) and $110,000 (resistance). Analysts note that a sustained break below $102,000 could target $98,600–$97,700, while a move above $109,500–$110,000 would signal renewed bullish momentum. Despite historically low trading volumes and a cautious macroeconomic outlook, consolidation phases like this typically precede heightened volatility and major price swings. Traders should watch for a breakout in either direction, as large trading opportunities may soon arise.

A $1,000 investment evenly split between Hyperliquid (HYPE), XYZVerse (XYZ), and Ondo Finance (ONDO) could yield significant returns by 2035, according to recent analysis. XYZVerse has emerged as a standout memecoin, having raised over $14 million in its presale, with a strong roadmap featuring upcoming major exchange listings, substantial community airdrops, deflationary economics, and a sports-culture branding focus. Its token price has risen from $0.0001 to $0.003333, attracting increased trader attention. Hyperliquid (HYPE) has gained 62.14% in the past six months and is now consolidating near $40, with resistance at $49.37 and support at $30.57. Technical indicators for HYPE signal moderate momentum. Ondo Finance (ONDO) has dropped 57.05% in six months and displays bearish signals, with support at $0.65 and resistance at $0.99. While HYPE and ONDO offer notable trading setups, XYZVerse is highlighted for its potential breakout growth, thanks to community engagement, exchange plans, and cultural traction. Crypto traders should closely follow listing updates, community activity, and market sentiment to capitalize on future price movements, especially with XYZVerse’s explosive growth prospects and evolving memecoin narrative.

Rising tensions between Iran and Israel have triggered significant declines across Asian financial markets, as investors react to escalating geopolitical risks and uncertainty surrounding potential U.S. involvement. The fluctuating situation, marked by the threat of wider regional instability and ambiguous signals from Washington, has driven a risk-off mood, causing leading indices across the Asia-Pacific to fall. The situation remains fluid, with no new company-specific fiscal updates or job cuts reported. For crypto traders, these geopolitical developments are highly relevant. Such instability historically fuels short-term volatility and abrupt sell-offs not only in traditional financial markets, but also in the cryptocurrency sector. While some investors treat Bitcoin and other digital assets as safe havens, recent price action has revealed that cryptocurrencies may also track broader risk sentiment, especially during periods of intensified uncertainty. As traders reassess risk and opportunity in light of ongoing diplomatic efforts and the potential for conflict escalation, it is crucial to monitor news flow from the Middle East, remain agile with diversification strategies, and avoid hasty decision-making amid market turbulence.

South Korea’s crypto market is witnessing renewed activity as top exchanges Upbit and Bithumb announced the listing of Raydium (RAY), Forta (FORT), and Huma Finance (HUMA). Upon listing, RAY surged 34.3%, rebounding from a prior 27.3% decline, and saw its market capitalization leap from $500 million to over $655 million. FORT’s price jumped 52.2% after being listed on Bithumb, and HUMA posted a double-digit gain. These strong exchange-driven rallies reflect the significant influence Korean platforms have on cryptocurrency liquidity and price action, particularly with the nation’s KRW-denominated crypto trading volume nearing $663 billion in 2025, making South Korea the world’s second-largest crypto market. With roughly a third of South Korean adults holding cryptocurrencies, market participation is robust, outpacing the US. However, traders should be mindful of ongoing hurdles like fragmented markets, limited stablecoin use, and the persistent ’kimchi premium.’ While token listings on Upbit and Bithumb consistently spark short-term volatility and improved liquidity, the longevity of these price surges depends on broader market trends and regulatory changes. Crypto traders should watch for new token listings and policy shifts in South Korea for future trading opportunities as the country’s influence in the global crypto sector continues to grow.

XRP, Ripple’s associated cryptocurrency, has experienced significant market activity in recent months. Following a substantial transfer of $438 million worth of XRP and a 600% rally from its 2024 low of $0.38 to a peak of $3.40 by January 2025, traders are monitoring for the next major move. On-chain data show mixed signals: MVRV ratio remains high at 195%, suggesting substantial unrealized profits and the risk of profit-taking. However, falling exchange reserves hint at possible accumulation, while DEX trading volume surged over 770%, reflecting increased interest from non-custodial traders. After its rally, XRP has consolidated above $2, maintaining a strong support level despite recent pullbacks. Analysts—including Michael XBT—highlight the formation of a multi-year bull pennant and draw technical parallels to previous Bitcoin breakouts, fueling cautious optimism. Price targets for the current crypto cycle range widely, with most experts forecasting $5 to $30 and dismissing extreme projections like $100 as unrealistic. Short-term volatility remains likely, but sustained positive sentiment, robust technicals, and strategic trader positioning could pave the way for further gains. The market outlook on XRP is cautiously optimistic, with traders closely watching for potential breakouts and reversals.

Ethereum (ETH) continues to navigate significant volatility, remaining range-bound between $2,400 and $2,700 since May 2025, despite strong institutional demand fueled by US spot Ether ETFs. Net inflows to these ETFs have exceeded $1.4 billion in the past two months, with major players like BlackRock’s ETHA contributing to reduced ETH supply on centralized exchanges, now at 14.77 million coins. However, any bullish momentum from ETF accumulation has been offset by over $1 billion in aggressive short positions, especially from hedge funds and institutions on the Chicago Mercantile Exchange (CME). This dynamic has weighed heavily on price action, leading to persistent choppiness and downward pressure. Recently, ETH prices dropped beneath key support levels at $2,620, $2,600, and $2,550, testing the $2,450 zone before consolidating below $2,540 and the 100-hourly Simple Moving Average. Technical indicators, including a declining MACD and an RSI below 50, underscore market fragility. For traders, the main resistance levels are at $2,540 and $2,565, with a breakout above $2,625 possibly triggering a move to $2,680 or even $2,800–$2,880. Conversely, a fall under $2,480 could extend losses to $2,450 or as far as $2,320–$2,240. Broad market weakness and increased volatility persist, indicating elevated risk of further declines in the near term unless positive momentum returns.