Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

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.

Coinbase has launched Coinbase Payments, a USDC-based payment solution designed to transform the e-commerce and cross-border payments landscape. Built on the Ethereum-based Base network, the service is initially integrated with global e-commerce platform Shopify, allowing merchants to accept 24/7 USDC payments directly via popular wallets such as Coinbase Wallet, MetaMask, and Phantom with gasless transactions. Merchants can receive USDC or instantly convert it to local fiat currency without extra conversion fees, and the infrastructure supports near-instant, low-cost transactions with merchant fees at 0.5%. Both merchants and consumers can earn bonus rewards through the platform. Key features include stablecoin checkout, a robust API for transaction management, and smart contract-driven payment logic, all designed for easy integration with major commerce systems. Coinbase Payments uses open-source protocols to facilitate seamless onboarding for merchants without the need for blockchain expertise. Last year, Coinbase’s stablecoin transaction volume tripled to $30 trillion, underlining the rapid growth and mainstreaming of stablecoins. With this launch, Coinbase aims to increase stablecoin adoption in mainstream commerce, intensify competition in the global payments sector, and provide a low-barrier, scalable alternative to both legacy and crypto-native payment providers. The move is anticipated to accelerate digital asset integration into traditional markets, potentially drive up COIN share prices, and reshape the future of cross-border and e-commerce payments, signaling a significant shift for crypto traders keeping an eye on USDC and related assets.

Recent US policy moves and expert commentary have put stablecoins at the center of debate over the US dollar’s global reserve currency status. US Treasury Secretary Scott Bessent, echoing President Trump’s pro-cryptocurrency stance, argues that regulatory clarity and national support for stablecoins could reinforce dollar dominance and attract global demand for US Treasuries. Bessent foresees the stablecoin sector surpassing $2 trillion in market cap, with major US banks preparing to enter the industry. In contrast, renowned economist Peter Schiff challenges this optimism, contending that stablecoins function primariy as storage and transfer vehicles rather than true enablers of the dollar’s international power. Schiff claims their role as a bridge to crypto has only limited benefits for the dollar’s reserve status. The bipartisan Senate approval of the GENIUS stablecoin bill marks a regulatory milestone, but the ongoing policy, expert, and market debate continues to highlight stablecoins’ evolving—yet uncertain—role in global finance. Crypto traders should monitor these developments, as increased regulatory clarity and institutional involvement could drive stablecoin adoption and shape digital asset market dynamics.

Bitcoin remains strong, consolidating above key levels despite ongoing volatility driven by Middle East tensions and macroeconomic uncertainties. Early reports noted realized profits below $1 billion and declining exchange supply—signs of reduced panic selling and healthy institutional adoption. Technical analysis set critical support at $103,600 and resistance at $109,300. In later updates, the Bitcoin futures market revealed moderate bearish sentiment, with Futures Market Power dipping to around -93,000. However, other indicators—including a positive futures basis and funding rate—confirmed underlying bullish strength. Open interest stayed stable, signaling a lack of aggressive new positions from either side. Historical patterns show that corrections in the current Market Power range are typically minor (5-10%). Strong support is now expected near $102,850, with resistance between $104,000 and $107,000, keeping Bitcoin close to its all-time high. For traders, the outlook remains one of short-term volatility and shallow pullbacks rather than deep trend reversals. Close monitoring of derivatives indicators like Market Power, exchange flows, and funding rates is advised as these may quickly signal a shift in trend.

Bitcoin is closely testing its 50-day simple moving average (SMA), a key technical indicator that has historically sparked significant market moves, either up or down. Recent signals, such as the formation of a ’doji’ candlestick and reduced bullish momentum, underscore current market indecision among crypto traders. A sustained move above $110,000 with strong trading volume is needed to confirm a bullish trend, while a drop below the 50-day SMA could lead to heightened selling pressure and risk a decline below $100,000. Similarly, major altcoins like XRP, DOGE, ADA, and LINK are all at critical technical levels. XRP is hovering on the lower boundary of the Ichimoku cloud and is weighed down by a ’death cross’—where the 50-day SMA crosses below the 200-day SMA—which can often signal a prolonged bearish phase. DOGE, ADA, and LINK have also weakened after breaking below their respective support levels. The market-wide scenario emphasizes the importance for traders of monitoring moving averages and cloud indicators. Changes at these thresholds could shape short- and medium-term price trends, making technical analysis essential for risk management during this period of market indecision. Both short-term volatility and longer-term direction will likely depend on how these key levels are navigated in the coming days.

Stablecoins now account for over 60% of cryptocurrency transaction volume in 2025, highlighting their increased role in trading, payments, and remittances. Throughout 2024 and 2025, major stablecoins maintained at least a 4% share of total crypto market capitalization, reflecting strong confidence and widespread use. Although 99% of stablecoin activities were legitimate in 2024, these assets were still involved in 60% of illicit crypto transactions in Q1 2025, underscoring both their utility and risk. In response, the US Senate is advancing the bipartisan GENIUS Act, aimed at establishing a national framework for stablecoin oversight and legitimacy. The bill includes prohibitions on members of Congress and their families profiting from stablecoins, yet controversially excludes the president and immediate family, drawing criticism amid Donald Trump’s expanding crypto involvement and stake in World Liberty Financial (WLFI), issuer of stablecoin USD1. Supporters believe the GENIUS Act will provide regulatory clarity and mainstream acceptance for the US crypto sector, while critics caution against increased risks of corruption and potential entry of tech giants into stablecoin issuance. If the bill passes the Senate, it will proceed to the Republican-led House, where additional rules could be added, potentially delaying enactment. Crypto traders should closely monitor these legislative developments, as future regulations may significantly impact stablecoin utility, market structure, and overall market dynamics.

Leading Chinese Bitcoin ASIC manufacturers Bitmain, Canaan, and MicroBT, who control over 99% of global mining hardware production, are relocating production lines to the United States in response to ongoing US-China trade tensions and high tariffs on Chinese imports (currently at 25%, previously exceeding 100%). This strategic shift aims to reduce costs and ensure hardware supply for US-based Bitcoin miners, safeguarding access to essential crypto mining equipment. According to University of Cambridge research, Bitmain leads with 82% global market share, followed by MicroBT at 15% and Canaan at 2%, reflecting a highly oligopolistic market. While the tariff risk originally threatened to decrease US demand and benefit offshore miners, the local production push seeks to preserve and potentially expand these companies’ US market share. The effectiveness of US-manufactured ASICs versus Chinese ones remains to be seen, but the move is expected to stabilize supply chains, promote local jobs, and strengthen the presence of top crypto mining hardware makers in the US. This development highlights the interplay between cryptocurrency market dynamics, global trade policy, and shifting energy strategies as governments worldwide, including the US, reframe Bitcoin mining as an economic opportunity rather than solely an energy drain.

Growing geopolitical tensions between the US and Iran, marked by renewed sanctions, military mobilizations, and talk of potential strikes, are escalating risk in global financial systems. Recent developments indicate Iran has positioned missiles to target US bases and the US is considering direct military responses to nuclear facilities. Such instability historically triggers risk-off moves in traditional markets, pushing up oil and gold prices while increasing demand for safe-haven assets. For cryptocurrency traders, the market impact remains complex and unpredictable. While some view Bitcoin (BTC) and other digital assets as potential safe-havens during times of crisis, their performance often mirrors risk-on assets, leading to volatility that can move in either direction. Periods of heightened geopolitical turmoil, such as the 2022 Ukraine invasion, saw both sharp price swings and shifts in correlation with traditional markets. In the short term, traders can expect increased volatility and uncertain asset correlations, making vigilance, diversified strategies, and disciplined risk management essential. The evolving US-Iran standoff continues to fuel uncertainty, offering both risks and trading opportunities within crypto markets depending on broader sentiment and the strengthening of the "digital safe-haven" narrative.

Bitcoin’s price remains volatile amid ongoing geopolitical tensions, especially the recent Israel-Iran conflict, which has caused sharp market reactions. Analysts from Bitfinex warn that Bitcoin may face further downside unless it consistently holds above the critical $102,000 support level. A breakdown below this support could trigger greater selling pressure, while maintaining it may absorb ongoing sell-offs and initiate a potential bullish reversal. Over the past month, Bitcoin has dipped 0.25%, highlighted by a 2.8% drop after military escalations, but quickly rebounded to around $104,790, reflecting robust market absorption. Notably, spot Bitcoin ETFs have attracted strong institutional and retail interest, with $412 million in net inflows recorded over six consecutive trading days, indicating sustained demand even during turbulent times. While Q3 historically presents weak performance for Bitcoin, the current environment of heightened volatility offers high-risk, high-reward opportunities for traders. Technical analysts stress monitoring the bull market support band and ETF inflow trends, as these could provide early signals of market direction. Mixed market sentiment prevails: optimism persists due to solid inflows and quick price recoveries, but some skepticism remains regarding Bitcoin’s inability to consistently break all-time highs and concerns about future bearish phases if support falters. Traders are advised to watch support levels and macroeconomic events closely, as market sentiment may shift rapidly.

JPMorgan executives have held direct talks with the US Securities and Exchange Commission (SEC) to explore the integration of capital market activities with public blockchain technology. The discussions focused on which traditional financial instruments could be tokenized, the risks and benefits of such tokenization, and regulatory requirements. As part of these developments, JPMorgan highlighted its in-house digital repo platform and emphasized its innovative efforts in asset tokenization and digital finance. Notably, JPMorgan announced the pilot of its deposit token, JPMD, on Coinbase’s Base network—currently the largest Layer 2 blockchain by total value locked. After the pilot phase, institutional clients on Coinbase will be able to transact using JPMD tokens. JPMorgan clarified that it does not intend to issue a stablecoin, positioning deposit tokens like JPMD, backed by bank deposits and integrated into the traditional banking system, as a more scalable and secure alternative to conventional stablecoins. This collaborative effort with regulators and bold move toward blockchain adoption signals a growing institutional interest in cryptocurrency and capital market tokenization, potentially paving the way for enhanced efficiency and transparency within financial markets.

Ripple and the SEC are moving toward a potential settlement in their long-running legal battle, with both parties jointly requesting an indicative court ruling that leaves the original judgment intact while enabling settlement discussions. Ripple emphasizes its commitment to securities compliance regardless of the outcome. Despite optimism surrounding a resolution, former SEC lawyer Marc Fagel notes the recent filing is more a response to community skepticism than a substantive legal shift. Legal uncertainty has led to a significant impact on the XRP price, which dropped over 7%, falling from $2.31 to around $2.15 and facing resistance between $2.27 and $2.30 since late May. Crypto traders should monitor the case closely, as an eventual settlement or court decision could influence not just XRP’s market dynamics but broader sentiment and regulatory clarity in the cryptocurrency sector.

Ethereum has reached a new all-time high in staking activity, with over 35 million ETH—about 28.3% of total circulating supply—now locked for network validation. This surge follows the network’s ongoing transition to proof-of-stake and the successful Shanghai upgrade, which improved withdrawal flexibility and incentivized wider participation. The number of validators has climbed to 1.1 million, enhancing both security and decentralization. Importantly, the recent clarification from the U.S. SEC stating that staking is not classified as a securities transaction has alleviated regulatory concerns, further boosting institutional and individual confidence. Liquid staking platforms like Lido are also making staking more accessible, contributing to this growth. While overall ETH issuance rates rise with increased staking, inflation remains capped at 1.51% in extreme cases. Notably, companies such as SharpLink Gaming have adopted Ethereum staking for treasury management. Despite ETH price dipping to around $2,500, the total staked value remains near $90 billion. These developments reinforce Ethereum’s status as the leading proof-of-stake blockchain and could have significant implications for ETH’s supply, demand, and long-term price behavior. Crypto traders should monitor these evolving trends for potential market impact.

Solana’s SOL token experienced a notable drop, declining over 4% in 24 hours—from $158.54 to a low of $148.68—before stabilizing near the $150 mark. The downturn was sparked by a surge in selling activity during late U.S. trading hours, breaching the critical $155 support and driving trading volumes above 2.7 million SOL. Technical indicators show SOL-USD fell 7% during the observation window, with $148–$150 emerging as a key short-term support zone. Longer timeframes suggest neutral momentum, with price remaining within prior weekly ranges and volatility subdued as most ATR levels have already been traversed. Despite recent weakness and possible short-term downside, leading institutional analysts—including Cantor Fitzgerald—remain bullish on Solana’s long-term prospects. Cantor initiated research coverage on SOL-holding companies like DeFi Development Corp, Sol Strategies, and Upexi, assigning them ’overweight’ ratings and highlighting Solana’s technological strength and rapid developer growth, positioning it as a major competitor to Ethereum. On-chain data shows more institutions now hold SOL as a treasury asset. Traders are closely watching the $148–$150 support zone for signs of either stabilization or renewed bearish pressure.

Arthur Hayes, founder of BitMEX, has issued a stark warning about the ongoing stablecoin IPO surge ignited by Circle’s public offering. Hayes predicts a short-term speculative boom in stablecoin stocks, spurred by interest from major tech firms and heightened market hype. However, he cautions that most new stablecoin issuers lack critical distribution channels such as crypto exchanges, social platforms, or banking partners needed for long-term success. Hayes believes that many of these stocks are currently overvalued due to speculative mania and potential upcoming US stablecoin regulation, posing substantial risks to investors as the bubble could eventually burst. While traders may temporarily benefit from the hype-driven rise in stablecoin stock prices, he advises a quick-trading strategy and warns against longer-term investments in these overhyped assets. For crypto traders, the stablecoin IPO frenzy offers short-lived opportunities but carries significant risks as regulatory, distribution, and market realities take hold.

Bitcoin Pepe, a meme-driven Layer 2 cryptocurrency, has captured strong interest from investors and crypto traders under $1, especially as geopolitical tensions between Israel and Iran continue to impact global markets. Initially, the crypto and equity markets saw sharp declines following Israeli airstrikes, but sentiment has steadily improved, with Bitcoin itself showing resilience and Bitcoin Pepe standing out among speculative assets. Unlike traditional meme coins, Bitcoin Pepe offers technical innovations such as the PEP-20 token standard and a proprietary Layer 2 solution, aiming to deliver Solana-like scalability on the Bitcoin network. Since its February presale, Bitcoin Pepe has raised over $14.6 million, reflecting growing appetite for assets that blend internet culture with real blockchain utility. The upcoming exchange listing on June 17 is expected to increase visibility and liquidity. Analysts emphasize the potential for high returns due to its low price, active community, and robust roadmap, but caution that volatility remains, given its position within the trending meme coin sector. Traders are advised to monitor both technical indicators and project developments closely, as both market momentum and continued ecosystem growth could further boost Bitcoin Pepe’s profile.

TRON, led by founder Justin Sun, is reportedly planning to go public in the US by conducting a reverse merger with NASDAQ-listed SRM Entertainment, according to recent developments. The deal, arranged by Dominari Securities—a firm with close connections to the Trump family—would create a newly formed company, Tron Inc., which intends to hold TRX as a reserve asset within its strategy. Speculation grew following reports that Donald Trump Jr. and Eric Trump joined the advisory board of Dominari Holdings, Dominari Securities’ parent company, prompting rumors that Eric Trump could take a key role at Tron Inc. Eric Trump has publicly denied involvement in TRON’s listing plans, but acknowledged supporting Justin Sun and TRON, which continues to fuel speculation about his private involvement. Recent legal developments have also impacted TRX’s market perception: the SEC agreed to pause its lawsuit with Justin Sun over TRON’s token classification, signaling a potential regulatory shift. Analysts see this as an opportunity for TRON to expand its reach among US investors. Meanwhile, Justin Sun’s growing association with Trump-aligned ventures—including his $75 million investment in the Trump-backed DeFi project World Liberty Financial (WLFI) and his participation in a $TRUMP token event—has brought renewed trader attention to the nexus of political influence and crypto capital. The combination of legal pauses, speculative political alliances, and strategic business moves has prompted notable interest in TRX’s price trajectory and the broader landscape of US crypto regulation. Traders should watch for potential volatility and shifts in regulatory tone as the story develops.

Pump.fun, a major memecoin launchpad on the Solana blockchain, has sold approximately 4.1 million SOL tokens (worth around $741 million) since May 19, 2024. Notably, the platform exchanged 264,373 SOL for $41.64 million USDC and moved 3.84 million SOL (about $699 million) to the Kraken exchange, actions that may impact Solana’s market liquidity and price volatility. Shortly after these significant transactions, Pump.fun and its founder’s X (formerly Twitter) accounts were suspended, fueling concerns over possible enforcement action by the U.S. Securities and Exchange Commission (SEC). The platform is also facing a class-action lawsuit alleging unregistered securities sales and has accrued nearly $500 million in platform fees. These developments underscore rising regulatory scrutiny on rapid, speculative token launches typical of memecoin platforms, particularly those vulnerable to pump-and-dump risks. With meme token activity on Solana accelerating, this series of events points to increasing volatility and regulatory risks for similar platforms. Crypto traders should remain vigilant, closely monitoring large token movements, regulatory updates, and the growing intersection between innovation and compliance in the space.

BitMEX founder Arthur Hayes warns crypto traders that Circle’s successful IPO may trigger a surge in stablecoin-related public offerings, all potentially overvalued due to ongoing ’stablecoin mania.’ Hayes views Circle (CRCL) as significantly overpriced but cautions against shorting stablecoin stocks in the current hype-driven market, as early enthusiasm and pro-crypto sentiment could drive valuations higher in the near term. He emphasizes that only crypto exchanges, leading Web2 platforms, and legacy financial institutions hold meaningful distribution power, making it difficult for new entrants to achieve market penetration. Hayes attributes Tether’s (USDT) dominance to strategic distribution partnerships, particularly in Asian markets, and suggests most new stablecoins lack the distribution channels required for success. He notes that the upcoming US Senate vote on stablecoin regulation could accelerate further IPOs, potentially fueling a capital-driven bubble in the stablecoin sector. Hayes advises traders to stay wary of newly public stablecoin firms, carefully evaluating their distribution capabilities and long-term sustainability rather than chasing short-term momentum.

Fairmint, acting as a transfer agent, has submitted a comprehensive seven-step blockchain regulatory framework proposal to the U.S. Securities and Exchange Commission (SEC). The initiative seeks to modernize and standardize the outdated, fragmented backend infrastructure in private securities by leveraging blockchain technology, a pivot expected to improve liquidity and transparency for investors. Key points in Fairmint’s proposal include real-time regulatory oversight, enhanced interoperability among transfer agents, and compliance mechanisms supporting investor self-custody. The framework also calls for a shift from traditional wealth-based investor accreditation to knowledge-based standards and suggests the creation of a regulated decentralized finance (DeFi) sandbox for blockchain innovation. Fairmint’s proposal comes as the SEC ramps up its engagement with tokenization and DeFi, having recently held roundtable discussions on these topics. Wider industry momentum is evident, with major institutions like Robinhood exploring blockchain-based solutions, such as its planned European stock trading network. Analysts consider these combined developments as major steps toward integrating blockchain with mainstream finance, potentially opening private equity markets and tokenized assets to a broader range of institutional and retail investors. The advancements are seen as likely to increase regulatory clarity, boost market innovation, and drive adoption of DeFi applications and tokenized private assets, offering crypto traders new market opportunities and potentially reshaping the traditional private equity landscape.

Digital asset investment products have experienced a sharp reversal, moving from a nine-week streak of record inflows to consecutive weeks of significant outflows totaling $1.2 billion, according to CoinShares. Investor sentiment turned cautious due to uncertainty around potential US Federal Reserve rate cuts and broader macroeconomic shifts. In the most recent week, crypto funds saw $584 million in outflows—the largest weekly withdrawal since the launch of US spot Bitcoin ETFs—driven mainly by Bitcoin (BTC), which lost $630 million, and Ethereum (ETH), with $58 million in exits. Notably, short Bitcoin products also saw outflows, reflecting a lack of strong bearish bets among traders. Regionally, the US and Canada led the withdrawals, while Switzerland and Brazil were exceptions, registering net inflows. Despite the bearish trend in major cryptocurrencies, some altcoins like Solana (SOL), Litecoin (LTC), and Polygon (MATIC) saw modest inflows, signaling opportunistic buying in weaker segments. Diversified crypto funds also attracted new capital, suggesting strategic allocation shifts amidst volatility. Global ETP trading volume fell to $6.9 billion, the lowest since US spot Bitcoin ETFs went live. The divergence in fund flows, both regionally and across different crypto assets, underscores increased caution and mixed sentiment among investors facing macroeconomic headwinds. Crypto traders should note the swift change in capital flows, with major coins facing pressure and altcoins attracting selective interest, likely leading to increased price divergence and creating both risks and opportunities in the current market environment.

Crypto exchange Bybit has announced the launch of Byreal, its first decentralized exchange (DEX) built on the Solana blockchain. Byreal is designed to offer centralized exchange (CEX)-grade liquidity and trading speed, while maintaining the transparency associated with decentralized platforms. The Byreal testnet is scheduled for June 30, 2025, with the mainnet expected in Q3 2025. Byreal will integrate advanced trading tools such as Request For Quote (RFQ) and Concentrated Liquidity Market Maker (CLMM) routing, aiming to minimize slippage and improve execution—features that appeal to both institutional and retail crypto traders. In addition to standard DEX functionalities, the platform will provide DeFi services like a curated token launchpad and yield-generating vaults, as well as support for liquid staking derivatives, including bbSOL on Solana. This positions Byreal to compete with established DEXs such as Raydium, Orca, and platforms on Ethereum and BNB Chain. The move comes at a time when decentralized exchanges have achieved over 20% market share in global spot trading volume, reflecting increased trader demand for non-custodial and efficient DeFi trading solutions. The announcement has fueled optimism around Solana-based DeFi growth, as evidenced by an uptick in SOL’s price and surging on-chain trading volumes. Bybit’s launch of Byreal signals further innovation and adoption in the DeFi sector, and may set a new standard for hybrid trading solutions combining CEX and DEX advantages.

Tron is making a strategic push into the U.S. public markets through a proposed $210 million reverse merger with SRM Entertainment, aiming for a Nasdaq listing. Initial rumors claimed Eric Trump, son of former President Donald Trump, was involved as an advisor, but he has publicly denied holding any executive position, though he expressed personal support for Tron and founder Justin Sun. This clarification shifted trader focus to Tron’s project fundamentals. The merger has sparked significant investor interest, resulting in a 5% rise in the TRX token price. A notable innovation in the deal is SRM Entertainment’s plan to hold $100 million in TRX tokens, differing from the usual preference for Bitcoin as a treasury asset. This could set a precedent for other public companies in crypto asset management and blockchain integration. Tron continues its global expansion with over 310 million users and daily transaction volumes surpassing $20 billion. As the deal progresses, traders are closely monitoring potential regulatory responses, TRX performance, and the broader impact on blockchain projects seeking stock market exposure. The merger underscores growing confidence in crypto firms entering traditional markets and could prompt increased industry adoption of TRX in corporate treasuries. Crypto traders should watch for volatility spikes and regulatory developments surrounding Tron’s U.S. ambitions.

XRP (Ripple) remains stable around $2.16 after an earlier 7% surge, underperforming relative to expectations due to limited trading volume and an inability to reclaim the $2.55–$2.58 breakout level. Market sentiment is cautious as investors await significant catalysts, primarily updates from the ongoing Ripple vs. SEC lawsuit. Legal resolutions could have long-term impacts: a favorable outcome might result in XRP being classified as a non-security for retail, potentially unlocking exchange-traded funds and broader institutional adoption. In the meantime, attention is focused on the case’s progress and institutional partnerships related to Ripple. Binance Coin (BNB) demonstrates clear bullish momentum, rebounding from $637 to $651, with technical indicators like the MACD and RSI supporting the potential for a breakout above $674. A successful move above this resistance could see BNB targeting the $700 mark. On-chain data from Binance Smart Chain—such as elevated daily transactions and ongoing token burns—further bolsters BNB’s positive outlook. Meanwhile, the decentralized AI project Unstaked ($UNSD) is generating trader interest for its engagement-driven tokenomics. Over $9.8 million has been raised, with 1.1 billion tokens sold in the presale at $0.011397, and a planned listing price of $0.1819. The project directly ties token value to user activity, with analysts predicting a potential price of $3 if adoption accelerates post-launch. For crypto traders, BNB shows a bullish technical setup, XRP remains in consolidation pending news, and $UNSD offers high-risk, high-reward potential linked to its user incentive model.

MicroStrategy, led by executive chairman Michael Saylor, has further strengthened its position as the publicly traded company with the largest Bitcoin holdings by acquiring an additional 10,100 BTC. This latest purchase brings the company’s total reserves to over 205,000 BTC, reinforcing its long-term investment strategy in the cryptocurrency market. Saylor’s persistent accumulation of Bitcoin underscores his confidence in the asset as a core treasury reserve and highlights the growing trend of institutional investment in Bitcoin. The scale and timing of this acquisition are notable, as it may influence Bitcoin supply dynamics, trader sentiment, and potentially impact BTC prices. Crypto traders should view MicroStrategy’s continued accumulation as a bullish signal and monitor its potential effects on market trends.

Pakistan has entered high-level discussions with MicroStrategy’s Executive Chairman, Michael Saylor, to explore integrating bitcoin (BTC) into its sovereign reserves and financial strategy. Finance Minister Muhammad Aurangzeb and State Minister for Crypto and Blockchain Bilal Bin Saqib held meetings with Saylor, signaling Pakistan’s intention to lead digital asset adoption in the Global South. Saylor, whose company holds approximately 582,000 BTC, commended Pakistan’s regulatory efforts and long-term vision for bitcoin. The meetings focused on attracting institutional investment, building a regulatory framework, and positioning bitcoin as a strategic asset. Plans include potentially establishing a bitcoin reserve and investing in crypto mining infrastructure, underscoring a strong commitment to blockchain in Pakistan’s economic development. This move could set a notable precedent for emerging markets, drawing heightened interest to both bitcoin and the Pakistani digital economy. For crypto traders, these developments suggest increased institutional adoption and possible new demand drivers for BTC, with a potential positive influence on market sentiment and regional policy trends.

Hyperliquid (HYPE), a layer 1 blockchain specializing in decentralized finance (DeFi), has rapidly ascended both in price and market prominence. The HYPE token recently reached a new all-time high above $44.76, recording an 11% daily and 25% weekly gain as of June 16, 2025. The platform’s total value locked (TVL) soared to $2.24 billion, up 7% in one day and significantly higher than just five days prior. Previously, HYPE surpassed Dogecoin (DOGE) to become the fifth-largest digital asset by futures open interest, trailing only XRP, BTC, ETH, and SOL. Its open interest hit $2.06 billion following a fourfold rally over three months. Hyperliquid dominates on-chain perpetual futures activity, accounting for 60% of trading volume ($94.3 billion last week). Support for HYPE’s rally includes aggressive token buybacks (with 97% of fees used for repurchases), a growing developer and trader ecosystem, rising derivatives volume (up 29% to $1.8 billion), and bullish technical indicators like a daily RSI at 69 and a bullish MACD crossover. Institutional traders and whales have profited significantly, with one achieving $13.7 million in floating profit using 4x leverage at peak prices. Though market sentiment remains strongly bullish and analysts set $50–$100 as potential targets, traders should monitor for short-term profit-taking, which could establish support between $40 and $32. Overall, Hyperliquid’s rapid growth, high liquidity, and compelling technicals signal robust confidence among crypto traders, making HYPE a major focus in the current market cycle.

Vietnam has taken a major step in cryptocurrency regulation by passing the Digital Technology Industry Law on June 14, 2025. This legislation, effective January 1, 2026, legalizes and provides a comprehensive regulatory framework for digital assets, including cryptocurrencies. The law distinguishes between ’crypto assets’ (blockchain-based tokens used for transaction authentication and ownership) and ’virtual assets’ (digital instruments mainly for trading or investment, excluding securities tokens, stablecoins, and CBDCs). Key features include enhanced measures for cybersecurity and anti-money laundering, aligning with international standards to address concerns from the Financial Action Task Force (FATF), which placed Vietnam on its grey list in 2023. The government gains expanded powers to regulate market participants and trading, while also introducing investment incentives in sectors such as AI, semiconductor design, and digital infrastructure to attract high-tech firms. With Vietnam ranking fifth globally in crypto adoption, this law aims to protect investors, encourage innovation, attract foreign investment, and reinforce market legitimacy. The move is expected to strengthen investor confidence and could increase participation from both local and international players in Vietnam’s fast-growing crypto market.