Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

MicroStrategy is gearing up for its ninth Bitcoin acquisition, potentially boosting its sway in the cryptocurrency market. This move coincides with a recovering Bitcoin market, indicating a bullish trend and suggesting that liquidity may soon flow from Bitcoin to altcoins and meme coins such as Pepeto and Wall Street Pepe. Pepeto is identified as a significant player in the memecoin innovation space, offering features like zero-fee transactions and cross-chain operations. Its presale has successfully raised over $3 million, presenting an accessible investment opportunity. The future looks promising for PEPETO with plans for major exchange listings and enhanced platform utilities. Despite the positive outlook, investors should remain cautious given the volatile nature of meme coins. Michael Saylor’s confidence in Bitcoin further solidifies MicroStrategy’s role as a major force in the crypto sector, potentially impacting market optimism for meme coins and associated projects.

Binance’s decision to delist WazirX’s native token, WRX, has led to significant financial losses for WazirX customers, totaling ₹170 crore ($20.4 million). The WRX token has seen a dramatic decrease in value, dropping 95% to trade at $0.023 since December 2024. This financial upheaval follows a cyber incident in mid-2024, which already affected WazirX’s operations severely. The delisting, part of a conflict over ownership issues, has further complicated WazirX’s recovery efforts and worsened user losses. Binance’s timing with this action has drawn criticism for exacerbating the situation. In the backdrop of this turmoil, the broader crypto market, including Bitcoin and other major cryptocurrencies, also faced declines following recent US Federal Reserve decisions.

The U.S. Department of Justice (DOJ) is actively seeking to seize approximately $16 million from a Binance account linked to Sam Bankman-Fried (SBF) and the alleged bribery of Chinese officials in November 2021. This involves FTX’s founder authorizing significant bribes to unfreeze $1 billion in Alameda Research assets. Court documents reveal the Binance account contained cryptocurrencies like ICP, AVAX, XRP, ADA, and SOL. This action is part of a broader initiative to recover over $3 billion in assets related to FTX’s criminal activities. Despite recent market efforts and litigations against entities like Binance to expedite asset recovery, there remains skepticism over reclaiming all assets, with expectation to recuperate only a limited portion.

US policymakers are advancing proposals to establish a national strategic Bitcoin reserve, marking a major step toward integrating Bitcoin into federal financial policy. Senator Cynthia Lummis, chair of the Senate Subcommittee on Digital Assets, revealed US military backing for a Bitcoin reserve, viewing it as vital for economic security against threats from China or sanctions. Lummis has proposed a bill for the US to acquire up to 1 million BTC, funded by the Treasury or Federal Reserve, emphasizing its importance similar to gold reserves. More recently, Congressman Tim Burchett introduced HR 3798, aiming to formalize a strategic Bitcoin reserve on a national scale. These initiatives reflect growing institutional and regulatory interest, and may spark widespread precedent for crypto asset management in US fiscal planning. The proposals remain in committee, but if passed, they are likely to influence both market sentiment and the adoption trajectory of Bitcoin, signaling a shift in US crypto policy. Traders should monitor legislative progress as any government move to acquire and hold Bitcoin could affect BTC prices and market dynamics.

Badiss Mohamed Amide Bajjou, a 24-year-old French-Moroccan national, has been arrested in Morocco for masterminding a series of violent kidnappings targeting cryptocurrency entrepreneurs and their families in France. The arrest, which took place on June 4, was the result of close cooperation between French and Moroccan law enforcement after an Interpol Red Notice was issued in 2023. Moroccan police seized weapons and multiple phones from Bajjou. High-profile cases linked to him include the attempted abduction of the daughter and grandson of Pierre Noizat, CEO of crypto platform Paymium, and ransom demands involving multimillion-euro sums from families of crypto figures, including Ledger co-founder David Balland. In total, 25 individuals have been charged, with suspects from multiple countries involved, highlighting the international dimension of the crime ring. These incidents have intensified concerns about the security risks facing crypto holders. In response, French authorities have ramped up protective measures and urged greater vigilance among crypto executives and their relatives. This coordinated crackdown marks a significant blow to criminal networks exploiting regulatory gaps and crypto’s pseudonymity, reinforcing the need for tighter oversight recommended by organizations like the Financial Action Task Force. The operation aims to restore confidence in France’s crypto market and reassure investors amid persistent security challenges.

Dogecoin (DOGE) price predictions for 2025 indicate slowing growth and decreased momentum, according to analysts. Despite Dogecoin’s continued popularity and a recent price surge linked to Elon Musk, experts now forecast only limited gains compared to previous rapid increases. DOGE may experience a minor pullback, reflecting concerns around its dependence on influential figures and lack of utility updates. In contrast, traders and investors are increasingly turning their attention to emerging altcoins. These alternative cryptocurrencies—including projects with strong technological innovation, clear real-world use cases, and active community support—are expected to outperform DOGE and deliver higher returns in the next year. As newer altcoin projects attract more capital and attention, the article recommends that traders monitor these trends and diversify their portfolios to capture growth in the coming bull cycle. Overall, market sentiment is shifting away from DOGE, suggesting limited upside while highlighting opportunities in promising altcoins for 2025.

This unified analysis combines recent market insights, showing that both Bitcoin and Ethereum have experienced significant price movements amid shifting market sentiment. Bitcoin is holding firm at the $100,000 support level, signaling strong investor confidence and price stability. Ethereum initially faced short-term caution after a weak daily close but now shows renewed optimism, with bullish momentum pushing it toward a potential breakout above $3,000. SharpLink emerged as a standout, surging 2700% within five days and highlighting strong volatility and heightened trading interest in altcoins. Both reports underscore critical support and resistance levels for Bitcoin ($100,000) and Ethereum ($3,000 and $2,604), advising traders to remain patient and watch for clear confirmation signals amid a volatile environment. Overall, the crypto market reflects growing optimism, but traders should balance bullish opportunities with caution due to ongoing fluctuations and rapidly changing conditions.

Trump Media & Technology Group (DJT), chaired by former U.S. President Donald Trump, has completed a substantial $2.4 billion investment in Bitcoin (BTC), securing its holdings with Anchorage Digital and Crypto.com. This move places DJT among the top five public company holders of Bitcoin, behind MicroStrategy, MARA Holdings, and Twenty One, and signals growing institutional and possible political adoption of cryptocurrency. The purchase consisted of a private stock sale and zero-coupon convertible notes, with net proceeds totaling $2.32 billion. DJT’s CEO Devin Nunes described Bitcoin as ’the apex instrument of financial freedom,’ reinforcing the firm’s pro-crypto stance. Following the announcement, Bitcoin prices surged past $110,000, triggering rallies across the altcoin market as traders interpreted the move as a potential indicator of increased White House support for crypto. Altcoins like FloppyPepe (FPPE), an AI-powered meme token, captured attention with massive 900% gains, aided by speculation of indirect ties to political circles. FPPE’s distinctive features include AI-driven utilities, strong community rewards, charity aspects, and an audited, community-centric ecosystem. As FPPE’s presale accelerates and institutional participation in Bitcoin grows, the event highlights increasing mainstream and political interest in cryptocurrencies as both an asset class and a hedge, suggesting the potential for further legitimization and upward momentum within the broader digital asset market.

Wave Digital Assets CEO David Siemer predicts that leading cryptocurrencies, notably XRP and Solana (SOL), are well-positioned to set new all-time highs, with Bitcoin expected to retain its market dominance and institutional investment appeal into 2025. While Ethereum (ETH) continues to lead, it faces mounting competition from faster, lower-fee blockchain platforms and layer-2 solutions. XRP is anticipated to break past its prior high of $3.50, propelled by a robust community, persistent buying pressure, and positive legal developments, with a potential full regulatory clearance by 2025 that could spark further gains. Binance Coin (BNB) is highlighted as a stable performer due to Binance’s global influence, despite lacking some features of rivals. Solana stands out for its impressive network throughput, active memecoin trading, DeFi growth, and ongoing upgrades, offsetting concerns from FTX-related token unlocks and previous outages. Siemer underscores a ’multi-winner’ outlook for layer-1 blockchains, suggesting several platforms may prosper rather than a single dominant leader. Altcoin traders are advised to closely monitor legal, technical, and adoption trends, as institutional interest in select cryptocurrencies continues to grow, raising optimism for the broader altcoin market.

The UK is moving towards robust cryptocurrency regulation with the release of a draft Statutory Instrument outlining comprehensive rules for the sector. The regulatory framework will cover areas such as stablecoins, exchange registration, staking, and operational resilience, aligning crypto oversight with traditional financial standards. Notably, the UK’s approach explicitly regulates staking and currently excludes DeFi, differentiating it from the EU’s MiCA and US policies. All crypto firms, even those previously registered, must reapply for FCA authorization. Experts believe the new regulations will provide greater clarity and consumer protection, fostering increased confidence among both retail and institutional investors. Strict compliance requirements may pose entry barriers for smaller firms and could prompt some overseas platforms to exit the UK market. However, the transparent regulatory environment is anticipated to attract more institutional investment, reduce trading risks, and encourage sector innovation. As the UK establishes itself as a crypto hub, demand for established and compliant cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and promising altcoins is rising. The UK’s progressive stance may influence global standards, fueling positive sentiment and potentially accelerating the adoption of digital assets worldwide.

The CoinDesk 20 Index has seen continued strength, underlining renewed momentum in the cryptocurrency market. Initially, Bitcoin Cash (BCH) was leading gains; however, the latest update highlights Ethereum (ETH) and Ripple (XRP) as the new frontrunners, with ETH up 2.6% and XRP rising 2%. Out of the top 20 tracked assets, twelve posted gains, compared to nine in the previous period, demonstrating broadening market optimism. The CoinDesk 20 Index increased by 1.8% to 3258.85, a significant improvement from the earlier 0.4% rise, reflecting growing investor interest. Conversely, BCH, which previously led, along with Hedera Hashgraph (HBAR), became the day’s laggards, each falling by 1.2%. For crypto traders, this shift signals a strong short-term sentiment for large-cap tokens like ETH and XRP, suggesting possible sector rotation and new trading opportunities. Monitoring leaders and laggards in the index can provide strategic insights for optimal portfolio adjustments as market direction evolves.

Standard Chartered has released a bold forecast projecting a possible 500% surge in XRP’s price, citing rising institutional adoption, bullish market trends, and the growing role of tokenization in finance. The bank believes XRP could reach $12.50 by 2028 and potentially overtake Ethereum in market capitalization if current momentum and adoption accelerate. Key drivers include the prospect of a spot XRP ETF as early as Q3 2025, expected to draw between $4-8 billion in its first year, and Ripple’s acquisition of Hidden Road, which could strengthen XRP’s integration with traditional finance. Ongoing regulatory clarity, such as the expectation of a $50 million SEC settlement, is reducing uncertainty for XRP. However, competition from emerging projects like RTX could impact XRP’s market position. The final outcome will depend on factors like successful ETF approvals, broader adoption rates, regulatory developments, and market sentiment. Crypto traders are paying close attention to whether XRP can flip ETH’s market cap, while also monitoring the rise of alternatives like RTX. While excitement is high, analysts caution that the bullish outlook for XRP relies on continued positive developments and favorable market conditions.

Crypto Capo, a well-known crypto analyst, has issued a warning about potential volatility in Bitcoin prices, forecasting a possible sharp correction after Bitcoin approaches a peak around $98,000. He advises traders to avoid taking short positions too early due to previous sudden corrections. Additionally, Capo identifies mid-term investment opportunities in Ethena (ENA) and Toncoin (TON). ENA is projected to rise to $0.50-$0.55 from its current trading price of $0.30, while TON may initially rally to break the $4.58 resistance but might face a corrective pullback down to approximately $2.10. Traders are recommended to conduct their risk assessments, as both Bitcoin and the highlighted altcoins, known for their high volatility, could affect market stability. Such insights are crucial for strategic planning concerning entry and exit points in the crypto market.

Telegram founder Pavel Durov has strongly opposed creating encryption backdoors as demanded by the EU and the French government, prioritizing user privacy over potential market exits. Telegram has only shared user IPs and phone numbers with authorities, rejecting the sharing of private messages. This firm stance responds to pressures from the EU’s Digital Services Act and criticism from France. Durov has criticized these measures as harmful to digital freedom and suggested that backdoors pose security risks. Despite facing potential legal issues in France, Durov emphasizes Telegram’s role as a privacy champion, which is crucial for its reputation within the crypto community.

Binance is actively collaborating with global governments to help shape cryptocurrency regulations and advise on creating national Bitcoin reserves. CEO Richard Teng mentions that many nations are seeking Binance’s guidance, although specific countries were not disclosed. This collaboration indicates a shift in how governments view cryptocurrencies, now seen as strategic assets similar to gold. With increasing governmental interest and regulatory clarity, particularly in the US and EU, there’s potential for positive impacts on the crypto market, especially for altcoins. Notably, new projects like $SUBBD, $SOLX, and $TUT are drawing investor attention due to their innovative applications, providing opportunities for significant returns by 2025.

In a challenging market environment, crypto hedge funds are backing Solana (SOL) and IntelMarkets (INTL), attracted by their long-term potential. Solana, despite its price drop, remains influential thanks to strong institutional support and a vibrant NFT ecosystem. IntelMarkets, an AI-powered trading platform, is witnessing a presale surge with its token price climbing over 900%, benefiting from its advanced AI features and Nvidia’s GPU backing. Significant whale activity suggests possible price recovery for Solana if key support levels are maintained. Both assets are positioned as promising investment opportunities for 2025, indicating potential lucrative returns for strategic investors.

Recent actions by former U.S. President Donald Trump have led to accusations of market manipulation. Initially, Trump urged investors on TruthSocial to buy DJT shares and announced tariff postponements, resulting in a stock market surge. A video later surfaced showing Trump praising subordinates’ trading gains, including a notable profit by Charles Schwab Group’s founder during market volatility. The controversy intensified as Democratic lawmakers called for an investigation, citing potential insider trading linked to Trump’s influence. Although investigations are ongoing, Trump’s immunity as a political figure complicates accountability. These events highlight issues of market manipulation and the challenges in regulatory enforcement, raising questions about transparency and ethical practices in stock trading. Crypto traders should monitor these developments as similar political maneuvers can impact market dynamics.

Elon Musk has unveiled concerns over the U.S. government’s financial systems, identifying 14 systems capable of issuing payments without proper oversight, dubbed as "magic money computers." During a conversation with Senator Ted Cruz, Musk criticized the lack of coherent accounting practices, with potential inaccuracies ranging from 5% to 10%. Bitcoin advocate Jameson Lopp supports these criticisms, highlighting Bitcoin’s fixed 21 million cap as a safeguard against uncontrolled currency creation. Musk also called attention to inefficiencies in government departments, where there are more software accounts and credit subscriptions than employees. These revelations highlight systemic inefficiencies in traditional financial systems and strengthen arguments for Bitcoin’s stability and reliability, which may influence cryptocurrency traders and their strategies.

Grayscale Investments has launched the Grayscale Dogecoin Trust, targeting institutional investors to tap into Dogecoin (DOGE), the leading memecoin by market capitalization. This move is part of Grayscale’s broader strategy to expand its crypto product offerings amid volatile market conditions. The company, managing $35 billion in assets, introduces this trust amidst rising institutional interest in memecoins, with Dogecoin trading stably around $0.32291 as of early February 2025. Grayscale’s expansion includes previous products like trusts for Aave and Lido DAO. Additionally, the interest in memecoin investments is mirrored in filings for ETFs featuring Dogecoin, signaling the growing acceptance and integration of memecoins in digital asset markets.

Upbit, South Korea’s largest cryptocurrency exchange, has reached a 24-hour trading volume of $17.06 billion according to CoinGecko. The BTC/KRW pair led with 11.39% of the total volume, underscoring Bitcoin’s continued dominance in the Korean crypto market. Notably, high trading activity was also seen in altcoins such as XRP, ANIME, ETH, and RVN, indicating robust investor appetite for both leading and emerging digital assets. The sustained volume in XRP and standout moves by newer coins like Animecoin and Ravencoin point to a shift in trader interest toward alternative cryptocurrencies. Upbit’s position as a liquidity hub is further cemented, making it a prime platform for traders seeking large-volume opportunities. For crypto traders, this surge in trading activity signals potential short-term opportunities and may contribute to increased market momentum on Korean exchanges.

Recent market analysis values Tether at $515 billion, positioning the stablecoin issuer as a leading force in the crypto market. This estimate is based on Tether’s projected EBITDA and reflects its robust cash flow and dominant market presence through its USDT stablecoin. However, Tether’s CEO argues that valuation projections may be understated, as they often overlook the company’s holdings of bitcoin and gold. Including these reserves could provide a more accurate picture of Tether’s financial strength and diversified asset base. Tether remains the largest stablecoin by market capitalization, with its USDT token playing a crucial role in global crypto trading and liquidity. CEO Paolo Ardoino has reiterated Tether’s commitment to transparency, robust reserves, and further diversification, aiming to reassure users and maintain market stability. As asset transparency and reserve composition remain in focus, confidence in Tether’s backing is critical for stablecoin trust and broader crypto market liquidity.

Ethereum (ETH) is showing renewed bullish momentum in early June 2025, rebounding toward the $3,000 mark and currently trading near $2,628. The uptrend is bolstered by positive sentiment stemming from network upgrades, rising decentralized finance (DeFi) activity, and increased inflows to ETH ETFs. Analysts expect that if favorable conditions persist, ETH could test $2,900 by mid-June. Focus also turns to Ethereum-based altcoins, notably Shiba Inu (SHIB) and Mutuum Finance (MUTM), both attracting significant trader attention. SHIB benefits from its robust community support, high liquidity, and deflationary burn mechanism, paralleling ETH’s bullish outlook. Meanwhile, Mutuum Finance, a novel DeFi protocol, has raised over $10.1 million from more than 11,700 participants in its presale, with the MUTM token price set to double from $0.03 to a projected $0.06 at launch. Mutuum’s unique offering includes dual lending models—peer-to-contract and peer-to-peer—enabling both passive income and privacy-focused lending, plus an overcollateralized, USD-pegged stablecoin audited by CertiK. Early investors are incentivized through a $100,000 community giveaway. The combination of Ethereum’s price rally and these innovative altcoins is fueling increased speculation about strong short-term gains, positioning ETH, SHIB, and MUTM as high-upside targets for crypto traders.

XRP has experienced a significant downturn in on-chain network activity since late 2024, with payment transactions and daily active addresses falling sharply. By June 2025, daily active addresses had declined by 75% from over 110,000 in January to below 30,000, marking the lowest engagement since October of the previous year. This decline highlights decreased participation from retail and mid-size XRP holders, even as whale addresses holding between 10 million and 100 million XRP increased their share from 10.4% to 12.2% since December. Despite softer network fundamentals, XRP price remains above $2, largely buoyed by strong U.S. spot ETF optimism—Polymarket now rates approval odds at 93%, following ETF filings from Bitwise, Grayscale, and 21Shares, as well as CME’s rollout of XRP futures. However, exchange flows on platforms like Binance have also slowed, and the network’s core payment use case faces waning adoption. Technical indicators show neutral to weak momentum: XRP trades under key EMAs near $2.14 and the RSI approaches oversold levels. While ETF hopes are currently supporting price, any negative developments could quickly expose fundamental weakness and trigger intensified selling. Crypto traders should closely monitor ETF progress, whale accumulation patterns, and any changes in network activity, as these factors will shape short-term price action and longer-term support.

A private crypto dinner hosted by former U.S. President Donald Trump brought together top $TRUMP token holders, leading crypto figures, and influencers, including Nikita Anufriev and Erbil Karaman, co-founder of Huma Finance. The exclusive event, which required a ranking on the Trump token leaderboard and represented over $148 million in investments, underscored the growing intersection of crypto innovation and political influence. The $TRUMP token experienced dramatic price action after launch, surging from $1.70 to $75.35 and reaching a peak market capitalization above $15 billion. The event featured tight security and included attendees primarily from Asia, with robust networking and discussions on the future of U.S. crypto regulation and stablecoin policy. Trump delivered a 25-minute speech reiterating his commitment to crypto-friendly policies and clear regulatory frameworks, fueling optimism for the sector’s growth. Key moments included endorsements from figures like Justin Sun and the distribution of collectible Trump watches, reinforcing the blend of crypto culture and politics. Organizers and participants highlighted the dinner’s value in fostering international collaboration and anticipation for more supportive U.S. crypto regulations, which could influence global sentiment and market direction. Despite minor logistical issues, the gathering is viewed as a pivotal step for the $TRUMP token and a potential catalyst for advancing U.S. leadership in the global cryptocurrency and stablecoin markets.

Solana (SOL) is under intensified bearish pressure as major whale investors continue significant sell-offs, highlighted by accelerated transfers of over $640 million in SOL to exchanges. On May 30, Solana saw larger outflows than inflows, signaling persistent negative momentum. This heavy selling activity by whales has put the crucial $140 support level under direct threat. Derivatives data show a shift to negative funding rates and widespread long liquidations, underscoring the market’s bearish sentiment. Technical analysis confirms that SOL has lost key bullish momentum, breaking below major support zones. If the $140 threshold is breached, analysts warn of potential cascading liquidations and deeper price drops. Short-term sentiment for Solana is decidedly negative, driven by large-scale whale activity and increasing volatility, though the long-term outlook will depend on broader crypto market developments and the resilience of the Solana ecosystem. Crypto traders should monitor SOL’s support levels, on-chain flows, funding rates, and whale activity for further volatility and price direction.

The U.S. political landscape has transformed as a pro-cryptocurrency leadership takes the reins in the White House, signaling a significant shift in American policy. The new administration, including Vice President JD Vance, has openly endorsed Bitcoin and digital assets, advocating for deregulation and innovation in the crypto space. Key policy objectives include rolling back restrictive regulations like ’Operation Chokepoint 2.0,’ establishing clear stablecoin rules, and integrating digital assets into mainstream finance. The administration is also leveraging substantial campaign funding from major crypto entities like Coinbase, Ripple, and a16z Crypto, revealing deepening ties between industry and government. President Trump has further fueled market attention by rewarding top investors in $TRUMP meme coins, though this has sparked some ethical and legal scrutiny. Overall, crypto traders should watch for policy changes, enhanced regulatory clarity, and increased institutional adoption, all of which may drive market growth and reinforce the sector’s legitimacy.

BONK, a leading meme coin on the Solana blockchain, continues to attract attention from crypto traders. In recent weeks, BONK has demonstrated strong fundamentals, including a 50% price surge over the past month, integration with Bravo Ready games, and daily revenues reaching $1.72 million. On-chain data also shows significant whale accumulation and overall net positive inflows, setting it apart from rival Solana meme coins experiencing capital outflows. However, technical analysis presents cautionary signals: BONK has repeatedly failed to reclaim the MA200 level on both daily and 4-hour charts, indicating a key resistance. Support is identified at $0.0095, and failure to hold this level could lead to a short-term retracement. Although relative strength index (RSI) on daily charts remains in the bullish zone, recent momentum has waned, suggesting a possible cooldown or correction ahead. Sentiment in the community remains optimistic, yet traders should watch for higher volatility and downward price pressure in the near term. A sustained reclaim of the MA200 level is necessary to confirm a bullish trend reversal. Monitoring these technical thresholds will be crucial for those trading BONK and other Solana ecosystem meme coins.

Bitcoin Pepe, a memecoin blending Bitcoin themes with the popular Pepe meme, is entering its final presale phase with official confirmation of major cryptocurrency exchange listings in May. This strategic move aims to leverage the burgeoning interest in meme coins, likely increasing Bitcoin Pepe’s market visibility and trading liquidity. Early investor enthusiasm has been fueled by prospects of a price surge upon listing, alongside a transparent roadmap and community growth focus. The news contrasts sharply with the declining momentum of Solaxy, a competing project, emphasizing the ongoing rivalry among altcoins. Traders are closely watching Bitcoin Pepe’s tokenomics, exchange partners, and market developments as it positions itself as a significant player in the meme coin sector. Key exchange names and trading metrics remain undisclosed, but sentiment suggests heightened trading activity and potential price action following the listings.

The cryptocurrency sector is undergoing a significant regulatory shift as the SEC appoints Paul Atkins as chair, replacing its previously enforcement-driven approach with more nuanced and innovation-friendly oversight. OpenSea CEO Devin Finzer, once a critic of the SEC’s broad crackdowns under the Biden administration, now notes a substantial improvement with the recent withdrawal of enforcement actions against key crypto firms such as Coinbase, Kraken, Uniswap, Yuga Labs, and Ripple. This signals a thaw in regulatory hostility, reduces uncertainty for traders and developers, and is expected to bolster investor trust. Finzer emphasizes the importance of context-aware regulation that recognizes differences among digital assets, advocating for frameworks that protect consumers while allowing digital asset innovation—particularly in NFTs, DeFi, and broader blockchain applications. Despite declining NFT volumes post-FTX, OpenSea is evolving to become a comprehensive on-chain trading platform, demonstrating sector resilience. The changing tone from US regulators coincides with heavy industry donations to pro-crypto candidates in the 2024 US election, suggesting greater political will for America to become a global crypto hub. This regulatory pivot is expected to unlock new growth for digital assets, deliver market clarity, and attract increased investor participation, potentially cementing the US’s leading role in the global cryptocurrency market.