Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Trader AguilaTrades has increased a Bitcoin long position over two phases, initially placing a $250 million TWAP order for 2,000 BTC at an average entry of $104,746 and later adding more through multiple add-ons. The current position holds 3,003 BTC (notional value $318 million) at an entry price of $104,820, using 20x leverage with a liquidation price of $98,956. The trade now shows an unrealized profit of $3.95 million. Previously, when the trader’s exposure topped $400 million, Bitcoin retraced by over $4,000. This large leveraged BTC long underscores strong bullish conviction but carries elevated liquidation risk and may influence market sentiment and trading volumes.

Bank of Korea Governor Lee Chang-yong signalled openness to issuing a won-pegged stablecoin, noting he does not oppose its launch. He cautioned that a KRW-backed token could facilitate seamless swaps with dollar-pegged stablecoins, potentially boosting demand for USD tokens and complicating foreign exchange reserves management—already down from $415.6 billion in December to $404.6 billion in May. Newly elected President Lee Jae-myung is pushing the Digital Asset Basic Act, which would allow firms with minimum ₩500 million capital to issue fully reserved stablecoins after Financial Services Commission approval. Governor Lee stressed the need for a robust regulatory framework to mitigate risks to banking profitability and financial stability. Globally, stablecoins boast a combined market cap above $260 billion, with $253 billion tied to the dollar. Market leaders Tether (USDT) and Circle’s USDC hold $156 billion and $61 billion respectively, while euro-pegged EURC has jumped 156% year-to-date to $203 million. US lawmakers’ progress on the GENIUS Act further highlights the drive for regulatory clarity.

Apple plans to embed generative AI into its electronic design automation (EDA) workflow to cut chip development cycles by 30–50%, reduce power consumption by up to 30% and improve yields by about 10%. Hardware SVP Johny Srouji announced at the ITF World Congress that AI-driven tools will accelerate layout exploration, thermal management and power optimization, allowing engineers to focus on high-value innovations. The move deepens partnerships with EDA leaders Cadence and Synopsys and enhances supply-chain resilience amid US-China tech tensions. Investors expect lower R&D costs, higher gross margins and stronger patent barriers. While A19 and M5 chips are in final stages, AI optimizations are likely to debut in A20 and M6. Traders should monitor potential ripple effects on semiconductor and hardware stocks, tech indices and related mining-rig supply dynamics.

Tether CEO Paolo Ardoino has unveiled PearPass, a serverless, open-source password manager designed to operate entirely on users’ devices. The launch follows Cybernews’s discovery of a massive data breach exposing 16 billion login credentials—tokens, cookies and metadata—from major platforms including Apple, Facebook, Google, GitHub and Telegram. By eliminating cloud infrastructure, PearPass addresses growing concerns over centralized data storage and surveillance. All user credentials remain encrypted and stored locally, reducing single points of failure. Researchers warn that the exposed records could fuel credential stuffing, targeted phishing campaigns and identity theft. PearPass aims to restore trust through a fully local, transparent solution. Crypto traders should note that while this move strengthens security standards, it may have a neutral impact on USDT trading volumes and price stability.

Bitcoin dominance has surged to cycle highs near 64% as BTC breaks above $104,700, driven by strong institutional inflows and M2 liquidity with a 76-day lag. The Altcoin Season Index sits at just 21, reflecting a deep Bitcoin season as most altcoins trade 80–90% below their all-time highs. Key market indicators—including high BTC dominance, low altcoin trading volumes, and a neutral Fear & Greed Index—mirror past cycles that preceded explosive alt rallies. Traders should watch for triggers such as BTC.D dropping below 55%, the Altcoin Season Index rising above 75, increasing alt volumes, and deviations in the TOTAL3ESBTC chart. Once Bitcoin pauses or retraces after its price-discovery phase, rapid capital rotation into altcoins could ignite a new alt season.

Solana (SOL) has accelerated its challenge to Ethereum (ETH) by delivering thousands of low-fee transactions per second via its Proof of History (PoH) consensus. SkyBridge Capital founder Anthony Scaramucci highlighted Solana’s high throughput, low costs and potential $7 trillion annual savings in verification fees as reasons SOL could eventually surpass ETH in market capitalization. SkyBridge has allocated $100 million to Bitcoin (BTC) and SOL, while its $300 million crypto fund backs SOL alongside Avalanche (AVAX), Polkadot (DOT) and BTC. A surge of venture capital into Solana’s DeFi, NFT and gaming infrastructure underpins its ecosystem growth, attracting traders and developers seeking scalability amid Ethereum’s gas fee and congestion challenges. Despite network outages and security concerns, SOL’s expanding developer base, robust capital support and real-world asset tokenization ambitions strengthen its long-term outlook. Ethereum’s roadmap—ETH 2.0 upgrades, sharding and Layer 2 solutions—aims to reclaim performance leadership. Traders should monitor SOL-ETH liquidity flows, migration trends and upgrade rollouts for short-term trading opportunities and long-term positioning.

Ricardo Salinas Pliego, Mexico’s third-wealthiest billionaire and founder of Grupo Salinas, has increased his Bitcoin (BTC) allocation to about 70% of his investment portfolio amid a recent price pullback. Viewing dips as a “buying opportunity,” he made a significant increment in BTC holdings last week, as on-chain data show large holders’ balances climbing despite market weakness. An outspoken inflation hawk, Pliego argues that fiat currencies lose value over time and calls Bitcoin a long-term hedge against money printing. He echoed peers like Michael Saylor and Brian Armstrong in predicting that digital assets may eventually outpace gold. While acknowledging short-term volatility, Pliego remains focused on Bitcoin’s long-term trajectory and has signaled the possibility of going “all in” on crypto assets in the future.

Deribit data shows this Friday’s quarterly Bitcoin options expiry hits a record $14 billion notional, with a put/call ratio of 0.7 and a max pain point at $100 000. On June 20, roughly $3.9 billion of crypto options contracts expire, including 34 000 Bitcoin options ($3.3 billion) and 215 000 Ethereum options ($546 million). Bitcoin’s put/call ratio stands at 1.16, max pain at $106 000, with open interest clustered between $115 000 and $140 000 strikes. Ethereum’s ratio is 0.68, max pain at $2 600. Derivatives provider Greeks Live notes a predominantly bearish tone, as traders eye support at $104 000 and $100 000 amid Middle East tensions. With the total crypto market cap down 2% to $3.37 trillion, Bitcoin near $104 600 and Ethereum above $2 500, these large expiries could spark heightened short-term volatility despite a range-bound spot market.

Public companies have boosted their crypto holdings by raising over $44 billion across 12 firms to accumulate Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and XRP. According to BitcoinTreasuries.net, corporate treasuries now hold more than $87 billion in BTC—about 3.2 percent of total supply. Only one-third of the $44 billion is debt-financed, and nearly 90 percent of that debt is unsecured, limiting forced liquidations in a downturn. Leading names include MicroStrategy (592,100 BTC), Twenty One Capital (37,230 BTC), Tesla (11,509 BTC), Tokyo’s Metaplanet (10,000 BTC), Block (8,584 BTC), Next Technology Holding (5,833 BTC), GameStop (4,710 BTC), Semler Scientific (4,449 BTC), Nakamoto and Trump Media. Firms issue equity or debt to fund purchases, emulating Michael Saylor’s “infinite money glitch.” While this corporate hoarding has driven BTC toward record highs, risks remain around liquidity management and prolonged price downturns. Traders should monitor debt-funded buy programs and treasury expansions, which may amplify volatility and shape both short-term spikes and long-term trends.

Dogecoin (DOGE) is trading around $0.168 within a long-standing symmetrical triangle between $0.16 and $0.22, retesting former resistance-turned-support near $0.163 inside a descending channel from November’s $0.48 peak. The daily chart shows a bullish divergence on the 14-period RSI as price forms lower lows while momentum forms higher troughs, similar to signals in August 2024 and spring 2025 that preceded 100–300% rallies. Key support levels sit at the multi-year ascending trendline near $0.142 and the channel base at $0.139. A daily close above $0.22—or clearing the 0.786 Fibonacci retracement at $0.1826 and the 20/50-day EMA confluence near $0.172—could trigger a breakout with up to 60% gains toward $0.247 and $0.292. Conversely, a drop below $0.16—and especially a close under $0.142—threatens a fall toward $0.135–0.13, invalidating the divergence. Volume is tapering and RSI is rising from oversold, underscoring the likelihood of an imminent decisive move.

Arab Bank Switzerland has partnered with crypto derivatives firm XBTO to launch a regulated Bitcoin yield product for high-net-worth and wealth management clients. The Bermuda-regulated fund uses XBTO’s proprietary “Diamond Hands” options strategy to sell BTC options for premium income while accumulating coins during market downturns. It targets annualized returns of around 5% with relatively low volatility. This offering marks the first branded Bitcoin yield product from a Swiss private bank, blending robust custody and compliance with innovative yield generation. Key figures include XBTO CIO Javier Rodriguez-Alarcon and Arab Bank Switzerland’s digital assets head Romain Braud. The launch reflects growing institutional demand for compliant Bitcoin yield products beyond simple price exposure. Competitors include Hilbert Capital, Purpose Investments, NEOS and Coinbase’s upcoming Bitcoin Yield Fund. Despite attractive yields, traders should note risks such as impermanent loss, regulatory uncertainty, market swings and smart-contract vulnerabilities.

Ethereum (ETH) is trading around $2,512, consolidating between support at $2,485 and resistance near $2,557. Short-term momentum is neutral to slightly bearish—RSI at 48 and a bearish MACD—while medium-term EMAs (50-, 100-, 200-day) sit below current prices, indicating underlying strength. Daily volume is moderate at roughly 204,000 ETH and market cap stands near $302 billion. On-chain data show rising Layer-2 usage, whale accumulation, and net supply reduction via EIP-1559 burns. Broader crypto markets remain under pressure as the Federal Reserve holds a hawkish stance, with Bitcoin recovering key levels but still constrained and major altcoins displaying mixed technical outlooks. Traders should watch for daily closes above $2,557 to confirm a bullish breakout or breaks below $2,485–$2,438 for deeper tests. Monitoring volume, on-chain trends and macro catalysts will be essential for timing entries and exits.

The US Senate has passed the GENIUS Act to establish a federal regulatory framework for dollar-backed stablecoins, now awaiting House approval. Treasury Secretary Scott Bessent told X on June 19, 2025, that stablecoins could reinforce the US dollar’s global dominance by becoming major buyers of Treasurys and T-bills. Former President Trump called the bill “pure GENIUS” and urged swift passage. Major firms like JPMorgan, Apple, Bank of America, Walmart and Amazon are entering the market. The legislation promises legal certainty for issuers and users, likely unlocking institutional adoption on Ethereum and surging USDC volumes. With projects such as Coinbase’s Base and JP Morgan’s tokenized deposits highlighting growing TradFi engagement, the stablecoin market could reach $3.7 trillion by 2030, boosting ETH usage and network utility.

Bitcoin remains trapped in a tight $103,600–$109,300 range despite escalating Israel-Iran tensions, challenging its traditional role as a geopolitical hedge. On-chain data show declining exchange reserves, growing institutional adoption and a daily squeeze pattern that often precedes sharp volatility. Key moving averages—the 50-day SMA at $104,525 and bullish 100-/200-day SMAs—offer support, but muted volume suggests traders await a decisive catalyst. Meanwhile, Bitcoin’s correlation with tech stocks has risen (0.68 to the Nasdaq 100), and a $100 million Nobitex hack failed to trigger the expected spike in volatility. Ethereum likewise traded narrowly between $2,120 and $2,330 after 871,000 ETH whale inflows. Bitcoin dominance is climbing toward 66%, signaling capital preservation under risk-aversion. Traders should watch for a break above resistance or below support, monitor Bitcoin’s market correlation and dominance shifts, and prepare for heightened volatility once geopolitical clarity emerges.

Financial educator Robert Kiyosaki and MicroStrategy co-founder Michael Saylor both forecast Bitcoin (BTC) reaching $1 million within the next decade, reinforcing its role as a safe-haven asset. In a June 18 post, Kiyosaki—who bought his first BTC at $6 000—stressed that accumulating the largest quantity of Bitcoin, gold and silver will define wealth through future economic cycles. Saylor told Bloomberg BTC could hit $1 million in ten years and even $13 million by 2045, citing BTC’s 21 million fixed supply, decentralization and growing US regulatory clarity under appointees like Paul Atkins. He envisions tokenizing $500 trillion of global assets on blockchain with Bitcoin as the settlement currency. Critics warn of political hurdles—smaller economies losing monetary tools and exporters affected by exchange rates. Saylor also highlighted Solaxy (SOLX), a Layer-2 DeFi presale project offering scalable, low-cost trading. These high-profile endorsements and target forecasts—from Kiyosaki, Saylor, Cathie Wood’s Ark Invest ($2.4 million bull case) to Jack Dorsey and Eric Trump—could drive buying interest and reinforce Bitcoin’s inflation-hedge narrative.

Former President Donald Trump has intensified criticism of the Federal Reserve, accusing Chair Jerome Powell and the Fed board of intentionally harming the U.S. economy. On Truth Social, Trump labeled Powell “the dumbest and most destructive” member and called for a 250 basis-point rate cut to alleviate high debt costs under the Biden administration. Despite having appointed Powell and other board members, Trump now blames them for elevated interest rates and rising borrowing expenses. Powell reiterated that the Fed will wait for more economic data before considering any rate cuts. Trump has repeatedly threatened to replace Powell but has yet to act. The dispute highlights ongoing political pressure on Fed independence and could weigh on the U.S. dollar, potentially boosting crypto assets as traders anticipate looser monetary policy.

Bitcoin price initially surged past $106,000 following the Federal Reserve’s decision to pause interest rate hikes, triggering a rapid short squeeze and over $600 million in derivatives liquidations across BTC, ETH, SOL and DOGE futures. Thin weekend liquidity and algorithmic buying drove a $2,500 one-hour rally before profit-taking pulled the price back toward $104,000. Trading volumes remain near weekly averages, indicating limited volatility. Bitcoin holds a solid uptrend with support near $103,500 and resistance around $105,000–$106,600, where large clusters of cost-base holders stand. Traders are watching for ETF flow updates, potential Fed easing and fiscal policy developments as key drivers for renewed momentum.

Cardano’s ADA fell below the critical $0.60 level, reaching $0.5984 after founder Charles Hoskinson warned he would retire if the community rejects his proposal to diversify its $1.7 billion treasury into Bitcoin, stablecoins and cash. ADA is down 12% over the past week and 18% this month, though it remains 54% higher year-on-year. Despite the weakness, 24-hour trading volume jumped 30% above its 7-day average and exchange outflows have slowed, suggesting accumulation and reduced selling pressure. On the technical front, ADA appears oversold, with intraday trading confined between $0.589 and $0.612; a successful governance vote could trigger a rebound toward $1 by August and $2–$3 by year-end. Meanwhile, Solana layer-2 project Solaxy has raised $54.7 million in its presale, selling SOLX tokens at $0.001766 ahead of its mainnet launch in four days.

Bitcoin has traded in a tight range between $103,000 support and $108,900 resistance over the past week, with short-term EMAs converging and volume weakening. Market indecision persists as RSI stays neutral. Now the 23-day moving average is closing in on a potential death cross with the 50-day MA. A decisive break below $100,000 could trigger downward momentum, potentially testing the 200-day MA near $95,868. Failure to hold $99,000 on a daily close may accelerate selling, driven by macroeconomic uncertainty and shifting ETF flows. Traders should watch these technical levels closely for the next directional signal.

Dogecoin (DOGE) has weakened since early June, slipping below its June 5 support at $0.16 and both the 21- and 50-day moving averages. Bears are targeting $0.14 and, if that fails, a deeper slide toward $0.10. A Doji candlestick on the weekly chart suggests bearish momentum may be slowing, yet the downtrend persists. Currently trading at $0.1690, DOGE also fell below a critical $0.174 support amid declining open interest. Crypto analyst Ali Martinez notes a symmetrical triangle between $0.16 and $0.22; a daily close above or below this range could trigger a 60% move up to $0.27 or a 60% drop. Meanwhile, Javon Marks spots a long-term bullish structure projecting a 260% rise to $0.65, with a potential extension toward $1.25 (600% gains). If the breakout fails, DOGE may retest lower supports at $0.128 and $0.097. Traders should watch the $0.14–$0.16 support zone, monitor triangle boundaries and moving-average crossovers for clear trend confirmation, and employ strict risk management to time entries.

Hyperliquid’s native token HYPE has retraced roughly 20% from its near-$46 all-time high to below $37 in the past 48 hours. Technical analysis highlights two key support zones: the former breakout level at $0.33 (value area high) and a confluence zone at $0.26, aligning with the 0.618 Fibonacci retracement, the 200-day moving average and the point of control. A break below $0.33 could trigger a deeper pullback of over 25% toward $0.26, offering a potential higher-low entry for bullish traders. Market sentiment on X suggests further downside into the low-$30s or mid-$20s if Bitcoin remains volatile. Analyst Altcoin Sherpa forecasts a drop to the low-$30 range but retains a bullish long-term outlook, while Byzantine General warns of increased selling pressure amid rising open interest. Data from HyperDash shows 51% of traders are short, covering 31% of open interest. Meanwhile, the Hyperliquid Assistance Fund repurchased $2 million worth of HYPE, allocating 97% of platform fees to buybacks, aiming to support the token and reinforce its uptrend.

Solana price has dipped 13.5% over the past month to around $145, with intensified selling pressure in futures volume and defensive DEX activity. Key support lies at $145–$147, while resistance sits at $155–$157 and $166. Despite short-term bearish signals, SOL remains in a long-term bullish channel, with critical resistance at $250 and $350. A sustained break above $350 could pave the way to the $500 target by 2025. Traders should monitor Solana price on-chain metrics, futures volume, upcoming protocol upgrades, and broader market sentiment. Risks include network outages, competition from Ethereum rollups and rival blockchains, and macroeconomic headwinds.

The US Senate has passed the GENIUS Act, a significant stablecoin regulatory bill, triggering increased optimism in the cryptocurrency market. The bill—Guiding and Establishing National Innovation for US Stablecoins Act—demands strict reserve backing and routine audits for stablecoin issuers, enhancing trust and transparency within the stablecoin sector. Major industry players Circle and Coinbase, as USDC co-founders, saw their share prices surge by over 33% and 16% respectively, reflecting heightened institutional confidence and regulatory clarity. The bill awaits final approval from the House of Representatives. Meanwhile, the innovative Bitcoin Pepe project, blending the security of Bitcoin with Solana’s scalability, has raised over $15 million in its presale. Its BPEP token will be listed on exchanges MEXC and BitMart, with a major listing announcement scheduled for June 30. Current investors will receive a 30% bonus in tokens. Crypto market sentiment remains robust, as evidenced by a $388.3 million single-day net inflow to spot Bitcoin ETFs and Bitcoin prices stabilizing between $104,000 and $105,000. Historically, positive regulatory developments and ETF inflows have driven capital toward early-stage tokens and meme coins such as Bitcoin Pepe. Crypto traders should monitor Bitcoin Pepe’s upcoming listings and any regulatory updates for potential trading opportunities.

The cryptocurrency market experienced significant volatility amid escalating Middle East tensions, as reports emerged of potential US military actions on Iran. This geopolitical risk quickly triggered a sharp sell-off and risk-off sentiment, with Bitcoin (BTC) dropping over 4% in a day and Ethereum (ETH) plunging up to 8%. Major altcoins like Solana (SOL), Dogecoin (DOGE), and Ripple (XRP) faced steep losses, as over $1 billion in long positions were liquidated—underscoring the increased vulnerability of leveraged trading during crises. A brief rebound occurred following hopes of de-escalation. However, volatility returned on June 18 after a cyberattack on Iran’s leading crypto exchange Nobitex, raising concerns about potential on-chain warfare and systemic risks in the digital asset sector. Historical patterns, observed during Russia-Ukraine and Israel-Hamas conflicts, show crypto markets initially mirror global risk-off moves but may later act as vehicles for capital flight, fundraising, and sanction circumvention. For crypto traders, these events highlight the need for vigilance in monitoring macro news, capital flows, and on-chain activity—not just price trends. The latest developments spark debate over whether cryptocurrencies function as mere risk assets or can transform into wartime currencies. Overall, increased volatility and evolving narratives make risk management, portfolio diversification, and attentiveness to blockchain security crucial strategies during global crises.

Iranian cryptocurrency exchange Nobitex experienced a significant security breach, resulting in the theft of at least $100 million in crypto assets by a hacker group known as Gonjeshke Darande, which claims pro-Israeli affiliations. Following the hack, the group released Nobitex’s entire source code, including core system details, cold wallet scripts, and server lists, raising further risks for users and the platform itself. Security researchers emphasize the breach was politically motivated, occurring during escalating tensions between Israel and Iran. Most of the stolen funds—approximately $90 million—were destroyed by being sent to burn addresses, effectively removing them from circulation. About $55 million in stolen USDT may be partially recoverable if stablecoin issuers act. To contain fallout, Iran’s central bank imposed new operating hours for domestic crypto exchanges. Nobitex asserts no further losses have occurred and targets a five-day timeline to restore full service, although recovery is hindered by widespread national internet disruptions. The company’s CEO, Amir Rad, has yet to issue a detailed recovery plan, leaving users anxiously awaiting further updates. This politically charged hack spotlights persistent risks for regional exchanges and could affect sentiment and operational stability in the Iranian crypto market.

Taiwanese cryptocurrency exchange BitoPro suffered a major cyberattack in May, resulting in the theft of approximately $11.5 million from its hot wallets. Joint investigations by BitoPro and cybersecurity experts confirmed that the North Korean state-backed Lazarus Group orchestrated the hack. Attackers used social engineering to compromise a cloud operations engineer’s device, deployed malware, and bypassed multiple security layers, including multi-factor authentication. The breach facilitated unauthorized asset transfers on Tron, Ethereum, Solana, and Polygon networks. Stolen funds were quickly laundered through decentralized services like Tornado Cash, Thorchain, and Wasabi Wallet. These tactics mirror previous Lazarus-linked attacks, such as the $1.5 billion Bybit hack from earlier in the year. In response, BitoPro shut down affected wallets, replaced keys, and fortified security systems. Authorities are now conducting a criminal investigation. The incident underscores the persistent security challenges facing centralized crypto exchanges and highlights the evolving threat posed by state-backed hacking groups. This may lead to increased regulatory scrutiny, higher operational costs, and diminished trader confidence in centralized platforms, potentially impacting market risk appetite.

Recent reports by Fidelity Digital Assets reveal a significant development in Bitcoin’s supply dynamics: the volume of Bitcoin that has remained unmoved for over ten years, known as ’ancient supply,’ is now increasing faster than the amount of new Bitcoin issued through mining. As of early June 2025, over 566 BTC per day is entering this ancient supply category, surpassing the 450 BTC mined daily post the April 2024 halving. More than 3.4 million BTC (about 17% of total supply) has not moved in a decade, and this trend could see ancient supply hit 30% of all circulating BTC by 2035 if it continues. The accumulation of Bitcoin by public companies—now holding more than 800,000 BTC—further limits available exchange supply. This sustained supply restriction highlights increasing scarcity and could drive upward price pressure, especially if institutional demand, spot Bitcoin ETF launches, and macroeconomic factors continue to support investment. Although ancient supply growth signals bullish potential for Bitcoin, ongoing market volatility and changes in long-term holder behavior could still trigger price movements. Crypto traders should closely monitor these supply-side trends, as shifts in long-term holder activity and institutional accumulation remain key drivers for Bitcoin market strategies and volatility.

Iran has enforced a nationwide curfew on all domestic cryptocurrency exchanges in response to a major security breach on Nobitex, its largest crypto trading platform. The June 18 hack, orchestrated by the Israeli-linked group Predatory Sparrow (Gonjeshke Darande), resulted in over $90 million worth of assets—including BTC, ETH, DOGE, XRP, SOL, TRX, and TON—being drained from Nobitex’s hot wallets and rendered irretrievable via blockchain burn addresses. This politically motivated cyberattack targeted Iran’s crypto infrastructure, impacting a platform vital for circumventing international sanctions. In immediate response, Iran’s central bank restricted all exchange operation hours to between 10 am and 8 pm. According to Chainalysis, Nobitex processed over $11 billion in inflows and is connected to wallets tied to sanctioned and illicit actors. Nobitex confirmed cold wallet reserves remain secure and hot wallets emptied, with sufficient reserves to fully cover customer losses, while also boosting platform security. This incident underscores mounting geopolitical risks, increased regulatory scrutiny, and potential disruptions to liquidity and cross-border trading for Iranian crypto traders.

U.S. Bitcoin spot ETFs have recorded eight consecutive days of net inflows, totaling $388.3 million on June 18, reflecting robust institutional demand despite escalating geopolitical tensions between Israel and Iran. Major funds, including BlackRock’s IBIT and Fidelity’s FBTC, led these inflows, while Bitwise’s BITB also grew and Grayscale’s GBTC saw some outflows. Since mid-April, this sector has reported only eight days of net outflows, amassing over $11.2 billion in new capital and reaching more than $46.3 billion in total ETF assets under management. Spot Ethereum ETFs, spearheaded by BlackRock’s ETHA, reversed recent outflows and posted multiple positive days in June. Meanwhile, Iran’s crypto market faced setbacks after a $100 million hack at Nobitex, the country’s largest exchange, prompting tight restrictions from the central bank. The hack was notable for burning funds rather than laundering them. Telegram’s founder also highlighted mounting regulatory risks in France. Overall, continued strong inflows into major crypto ETFs, underpinned by solid ETH staking and relatively stable macro policy from the U.S. Federal Reserve, are helping support the crypto market’s resilience—even as altcoins and emerging sectors face increased volatility amid global uncertainty.