Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Recent developments in the Bitcoin market highlight a significant shift among publicly listed miners, who have sold over 40% of their mined BTC in March, marking the largest sell-off since October 2024. This move has been prompted by rising operational costs, geopolitical factors, and changes in U.S. tariff policies, creating a tougher environment for U.S.-based miners and prompting a shift from accumulation to liquidation. Conversely, there’s growing optimism among industry leaders like Michael Saylor and Cathie Wood, who foresee Bitcoin reaching $1 million per coin. Their bullish outlook is driven by increased institutional adoption, clearer regulations, supply reduction after halving events, and mounting corporate investment in mining operations. Articles argue that mining Bitcoin provides a strategic advantage for long-term wealth creation, as it allows steady accumulation at relatively lower costs and mitigates market timing risks. Companies such as iMine are lowering the barriers to entry for new participants, supporting broader involvement in future potential BTC price appreciation. In summary, while U.S. miners are selling due to external pressures, the global focus on Bitcoin mining’s strategic benefits and increased institutional interest points to continued positive sentiment and strong long-term prospects for Bitcoin prices.

Bitcoin (BTC) recently surpassed the $100,000 mark, driven by institutional investments and a favorable political climate in the U.S. The appointment of crypto advocate Paul Atkins as an SEC Chair nominee has contributed to this positive momentum. Meanwhile, Compound (COMP) experienced a surge of over 10%, exceeding $56, as technical indicators suggest bullish momentum. Analysts highlight a possible Adam & Eve reversal pattern and potential price targets of $73 if the $56 support level is maintained. Despite this, COMP remains significantly below its all-time high. The market dynamics illustrate Bitcoin and Compound attracting bullish momentum, while Pi Coin (PI) struggles with bearish pressure amid mainnet launch delays and technical pattern concerns.

Ripple’s XRP enters 2025 at a critical juncture, with mounting anticipation driven by two main factors: the potential approval of an XRP spot ETF and the ongoing Ripple-SEC lawsuit. Technical indicators such as bullish flags, symmetrical triangles, Ichimoku Cloud signals, and increased whale activity all suggest imminent volatility and possible breakout after years of price consolidation. The prospect of an XRP ETF—spurred by Nasdaq’s potential expansion and optimistic market speculation—would spur institutional inflows and enhance liquidity, potentially mirroring the positive effects seen after Bitcoin and Ethereum ETF launches. Price forecasts for June 2025 see XRP trading from $2.20 to $3.50, but with a strong breakout above $2.5 possibly fueling momentum toward the $10 mark over a longer horizon. Legal clarity remains the decisive factor: if Ripple wins the SEC lawsuit and XRP is recognized as a non-security, broader market access and renewed investor confidence could accelerate price gains. However, an adverse court ruling may limit XRP’s utility and weigh on sentiment. Leadership silence from Ripple’s CEO and CTO adds an element of uncertainty, amplifying speculation. As institutional interest grows and traders await regulatory clarity, short-term volatility is likely. Crypto traders should pay close attention to ETF-related announcements and court developments, exercise due diligence, and consider diversification to manage risks. XRP’s 2025 outlook exemplifies wider regulatory changes affecting the cryptocurrency sector and underlines the necessity of robust risk management.

BiT Global, a cryptocurrency exchange reportedly connected to Justin Sun, has withdrawn its lawsuit against Coinbase over a dispute involving Wrapped Bitcoin (WBTC). The legal action initially centered on allegations that Coinbase had improperly frozen and moved WBTC tokens related to BiT Global following the platform’s decision to delist WBTC, citing compliance and low trading volume concerns. The litigation attracted industry-wide attention due to the prominence of the parties involved, particularly the rumored connection to Justin Sun. Both companies have reached a mutual agreement to end the dispute, but the specific terms remain undisclosed. This resolution is expected to reduce legal uncertainty around Wrapped Bitcoin and offer greater clarity for similar token custody and compliance disputes in the future. Crypto traders should note that this development directly impacts Bitcoin (BTC), Wrapped Bitcoin (WBTC), and platform-based tokens. The event highlights the importance of secure asset management and legal consistency for exchange practices, with potential implications for future token listings and delistings.

The U.S. Senate Agriculture Committee will hold a hearing on June 10 to consider Brian Quintenz, a former CFTC commissioner with strong crypto industry ties, as President Trump’s nominee for Commodity Futures Trading Commission (CFTC) chair. Quintenz, previously policy head at a16z Crypto, is recognized for his pro-crypto stance and advocacy for lighter digital asset regulation. His nomination follows a period of leadership instability at the CFTC, with several recent commissioner resignations leaving only two confirmed members on the five-seat panel. Significant ethical concerns have been raised over Quintenz’s $3.4 million in crypto-related holdings and his board position at prediction market platform Kalshi, raising questions about potential conflicts of interest. If confirmed, Quintenz could help shape U.S. crypto regulation, including DeFi, crypto derivatives, and blockchain-based clearing, with the possibility for Trump to nominate up to four new commissioners, potentially shifting the CFTC’s regulatory approach. This development signals potential for increased regulatory clarity and innovation in the U.S. crypto market, though it could also intensify scrutiny over regulator-industry boundaries.

The SPX6900 memecoin has surged more than 120% this month, reaching $1.20 and pushing its market capitalization above $1.1 billion, making it one of the top 70 cryptocurrencies. This explosive gain occurred despite the absence of traditional drivers such as new exchange listings, partnerships, or project updates. On-chain data shows a significant increase in SPX6900 supply on exchanges, suggesting that holders may be preparing to sell. Whale wallets have been reducing their holdings, with addresses holding 1–10 million tokens selling off 30 million tokens in the past month. Smart money accounts have also reduced their holdings by 10%, marking new record lows. Technical charts show a bearish rising wedge, raising concerns about the sustainability of the rally. Analysts attribute the price jump to speculative trading and hype, rather than organic growth or community activity. With limited project transparency and communication, there are increasing warnings of an imminent price correction. Investors are advised to approach SPX6900 and similar speculative coins with caution, ensuring robust risk management and limiting high-risk allocation within portfolios.

Bitcoin (BTC) is facing heightened market volatility, with multiple crypto analysts warning of the potential for a significant price correction. Initially, Justin Bennett highlighted that a break below key support levels around $106,000 could trigger a double-digit percentage decline, citing technical factors and rising USDT dominance as bearish indicators for both Bitcoin and Ethereum (ETH). Later, Altcoin Sherpa suggested, albeit jokingly, a possible drop to $50,000 by year-end, while still expressing caution amid ongoing market uncertainty. Recent sharp price movements were partly attributed to US-China trade relations commentary from Donald Trump, causing Bitcoin to fall from $106,000 to as low as $103,100, with current support around $104,000. Another analyst, Titan of Crypto, identified further downside risk toward the $102,700 area if these support zones fail. Both analysts emphasize the risk of increased selling pressure and further decline should critical levels be breached. At present, Bitcoin trades near $103,700, down 2% over the past 24 hours. Crypto traders are advised to monitor support zones, key technical indicators, and global macroeconomic events closely for trading opportunities. The primary keywords are ’Bitcoin price crash’, ’market volatility’, and ’cryptocurrency’.

Standard Chartered Bank has reaffirmed its highly optimistic Bitcoin price forecast, projecting that BTC could reach $500,000 by 2029. The forecast is driven by increased institutional and sovereign wealth fund interest, especially through indirect exposure such as buying shares in companies with significant BTC holdings like MicroStrategy. Recent examples include France and Saudi Arabia acquiring MicroStrategy shares in 2025 and rising allocations by public funds in Norway, Switzerland, and South Korea. US pension funds in states like New York and California also hold indirect BTC exposure through such equities. The more recent update highlights a surge in institutional demand for Bitcoin following recent U.S. SEC filings for spot Bitcoin ETFs. Standard Chartered analysts believe that these regulatory advancements and the imminent approval of new Bitcoin ETFs will bring further capital inflows, increasing investment and valuations. Experiences in other markets with similar ETF products support this Bullish trend. As institutions increasingly seek both direct and alternative ways to gain Bitcoin exposure, especially with volatility dropping and access improving, Standard Chartered sees institutional adoption accelerating. The bank notes investors are drawn to indirect exposure to overcome concerns over volatility, regulatory issues, and custody. While some public funds are also investing in spot Bitcoin ETFs, market participation is expected to broaden as regulatory clarity improves. Overall, Standard Chartered’s report concludes that continued institutional adoption, ETF approvals, and evolving investment strategies lay a solid foundation for Bitcoin’s long-term price appreciation, despite possible short-term price volatility as new capital enters the market.

K33 Research analysts are urging crypto investors to reconsider the traditional ‘sell in May and go away’ strategy, instead recommending a ‘hold in May and stay’ approach for Bitcoin. Their analysis highlights that, unlike the historical seasonality seen in traditional stock markets where performance typically weakens from May to October, Bitcoin could break this trend in 2025. This shift is attributed to anticipated US political catalysts, particularly potential policy actions linked to former President Trump, and changes in the regulatory environment. Delays in the US Strategic Bitcoin Reserve report add further uncertainty to the market outlook. K33’s outlook points to heightened risk tolerance and favorable catalysts for Bitcoin, while US equities may face renewed tariff risks. Crypto traders should closely monitor macroeconomic variables, political developments, and regulatory changes, as these factors could drive significant volatility and reshape portfolio strategies during what is typically a slow market season for other asset classes.

Gemini, backed by the Winklevoss twins, is opening an office in Miami’s Wynwood district following a federal judge’s decision to delay the SEC’s lawsuit over unregistered securities allegations tied to its Earn program. This strategic move into Florida highlights Miami’s appeal for its favorable regulation and tax benefits. The SEC trial has been postponed for 60 days, suggesting a potential resolution. Gemini’s expansion aligns with its growth strategy outside of Europe and New York, complemented by a possible IPO filing earlier this year and a recent $5 million settlement with the CFTC on separate charges. With other crypto firms like Ripple Labs nearby, Miami is rapidly becoming a major crypto hub.

Standard Chartered has introduced a hypothetical index named ’Mag 7B’, which replaces Tesla (TSLA) with Bitcoin (BTC) to mirror high-growth tech stocks and use Bitcoin as an inflation hedge. The bank’s analysis reports that substituting Tesla with Bitcoin yields a 5% increase in returns and a 2% reduction in volatility, compared to the original ’Magnificent 7’ index. This shift signifies Bitcoin’s growing correlation with tech stocks, promising stronger potential returns. The decision reflects an adaptation strategy in light of Tesla’s current challenges in the EV market, aiming for a more stable, growth-oriented portfolio. While this may affect investor sentiment regarding Tesla, a major impact on Tesla’s stock is unlikely unless a significant shift from traditional EV investments to cryptocurrencies and tech assets occurs. Moreover, CryptoQuant highlights significant Bitcoin price levels related to liquidation risks, coinciding with BlackRock’s launch of a Bitcoin ETP in Europe, indicating broader institutional interest.

The cryptocurrency market is experiencing increased volatility due to the imminent ’Triple Witching’ event, where multiple financial derivatives worth over $4.5 trillion are set to expire. This event historically causes significant price swings in both stocks and cryptocurrencies. Bitcoin has recently declined by 2.4% and is forming a rising wedge pattern, indicating a potential further drop to around $76,890. Ethereum shows a triple-top pattern, suggesting it could fall to $1,500. Meanwhile, XRP, with its head and shoulders pattern, may drop to $1. Experts are observing a growing demand for downside protection in Bitcoin options, as puts are trading at a premium over calls, indicating a risk-averse sentiment among traders. Indicators such as the CryptoQuant Bull Score and MYRIAD’s prediction market reflect a bearish outlook, with low optimism about Bitcoin’s ability to maintain higher price levels. The Fear and Greed Index is expected to remain low, suggesting cautious trader sentiment.

The discussion centers around three affordable cryptocurrencies—ZACRO, Shiba Inu (SHIB), and Dogecoin (DOGE)—with promising potential for significant growth by 2025. ZACRO, priced at $0.01, is capitalizing on its airdrop program and community engagement, anticipating a price increase to $0.02. SHIB is benefiting from whale accumulation driving growth, currently trading at $0.00001349 with a market cap of $7.95 billion. DOGE continues to be impacted by Elon Musk’s public endorsements, trading at $0.2041 with a market cap of $30.28 billion. Investors are drawn to these cryptocurrencies as they offer inexpensive yet potentially lucrative avenues for diversification in crypto portfolios, underscored by active community support and project development.

ARK Invest’s recent reports indicate that Bitcoin’s current monthly volatility is relatively low when compared to its annual patterns, suggesting substantial growth potential by 2025. Notable developments include Intesa Sanpaolo, Italy’s largest bank, investing in Bitcoin, which signifies increasing institutional adoption. Additionally, expectations of favorable crypto regulations under Donald Trump’s pro-crypto administration further boost market optimism. ARK highlights rising mining difficulty and resilient holder behavior as confidence indicators. These factors, coupled with institutional interest, predict a significant market expansion, supported by prospective regulatory frameworks.

Dogecoin (DOGE) has received renewed bullish forecasts from two prominent crypto analysts, Maelius and KJThaLibra, who point to a combination of technical patterns suggesting a major price reversal and potential rally. Maelius cites Elliott Wave nesting and strong weekly support between $0.12-$0.17, with the 50-week EMA at $0.205 acting as a key breakout level. He sees a possible rapid move towards $1.10 and even $1.50-$1.80 if bullish momentum continues, but warns that a drop below $0.14 would invalidate this outlook. KJThaLibra builds on this by identifying four immediate bullish signals: a bullish divergence in the RSI while the DOGE price makes lower lows, oversold RSI levels suggesting seller exhaustion, a new pattern of higher daily lows, and DOGE’s proximity to a major descending resistance trendline. If DOGE breaks this trendline with volume and confirms support, a rally toward $0.40 could occur—representing a 120% gain from current prices near $0.18. Both analyses stress the importance of technical confirmation and support retests for traders, presenting Dogecoin as a strong buy opportunity amid meme coin momentum. However, traders should remain aware of the risks if critical supports fail.

TRON (TRX) is currently showing signs of overvaluation, as indicated by a six-week high in its Network Value to Transactions (NVT) ratio. This metric suggests the market cap is outpacing on-chain activity, which often precedes a price correction. Despite this caution, technical analysis highlights a strong buyer support zone between $0.268 and $0.276, accounting for nearly $4 billion in accumulated TRX. TRX is trading above the 50-period EMA and within an ascending channel on the 4-hour chart, reinforcing bullish prospects. If TRX decisively breaks above the $0.29 resistance level with strong volume, it could trigger a 14% rally towards $0.3226. Key momentum indicators such as the RSI (above 60) and DMI (with a strong ADX above 40) point to sustained buyer control, though the MACD signals waning bullish momentum and the possibility of a short-term correction. Traders should closely monitor resistance and support levels and remain alert to shifts in market sentiment, as the elevated NVT ratio continues to flag overvaluation risks. While caution is warranted, the robust on-chain accumulation may limit downside and set the stage for a potential breakout.

The cryptocurrency market has experienced intense volatility triggered by a public dispute between US President Donald Trump and Tesla CEO Elon Musk. This high-profile conflict led to sharp price drops across major coins, with Bitcoin (BTC) falling nearly 3% and testing the critical $100,000 threshold. Meme coins were notably impacted: PEPE fell 6.7% in 24 hours and 14.5% for the week, while Trump Coin plunged 9.4% daily and nearly 14% weekly. Overall, over $967 million in liquidations were recorded, with $345 million from Bitcoin longs, highlighting the market’s vulnerability to external drama and the outsized influence of major political and tech figures. Despite technical signals of possible recovery for PEPE and some bullish forecasts for Trump Coin, market sentiment remains cautious. In contrast, new utility-focused projects like FloppyPepe (FPPE), leveraging AI and strong community-driven strategies, are gaining attention and investor interest, raising over $2.36 million during its presale even as broader market fear persists. For traders, these developments underscore the impact of external events on digital asset markets, the risk of hype cycles for meme coins, and the potential opportunities found in tokens offering clear utility and security. Ongoing political and celebrity controversies may continue to fuel volatility, so traders should remain vigilant.

A number of altcoins and DeFi projects are set for important events this week that could drive trading opportunities and increase market volatility. Major highlights include imminent airdrops for Sonic (S) and KAITO, network upgrades such as Spark (SKY) adding cross-chain features and MultiversX (EGLD) initiating on-chain governance votes, and the launch of the Agent Commerce Protocol by Virtuals (VIRTUAL) enabling on-chain AI agent transactions. Key token unlocks from Aptos (APT) and Taiko (TAIKO) will inject significant coin supply—APT alone is unlocking $53 million (69% circulation) on June 12, a potential catalyst for price swings. Additional launches include the DeFi app HOME on June 10 and the upgrade of HUMA’s PayFi network on June 11. Regulatory risk will be in focus as the US SEC holds a DeFi roundtable on June 9, possibly shifting market sentiment and compliance standards. Bitcoin (BTC) may see increased attention as a Senate bill proposes large-scale BTC asset purchases. Ethereum (ETH) is preparing a new initiative with Coinbase’s Base. Avalanche (AVAX) and Skate (SKATE) have new network and token developments, while Internet Computer (ICP) garners attention with the World Computer Summit. Traders should closely monitor these milestones for volatility and rapid price moves across the featured altcoins.

Qubetics is gaining recognition as a new cryptocurrency project focused on revolutionizing cross-border payments by reducing transaction costs and processing times. The platform utilizes integrated blockchain technology, featuring a native token and smart contract functionality, to offer more efficient and reliable international settlements than traditional payment systems. The growing demand for faster and cost-effective payment solutions, driven by surging cross-border e-commerce and remittance flows, positions Qubetics as a strong contender in the evolving digital asset market. In addition to Qubetics, Litecoin maintains its reputation for stability, appealing to risk-averse traders. VeChain continues to drive innovation by introducing new enterprise-oriented blockchain solutions. Meanwhile, GateToken (GT) and Chainlink (LINK) are emerging as high-potential blockchain projects. GateToken powers the Gate.io exchange ecosystem, granting trading benefits, while Chainlink’s decentralized oracles enhance smart contract reliability across various industries. The increased attention on Qubetics, GateToken, and Chainlink highlights a broader trend towards practical crypto projects that can integrate with established financial systems. For crypto traders, these developments signal shifting market priorities towards utility, scalability, and real-world adoption—key criteria for assessing future trading opportunities.

Bitcoin (BTC) is undergoing a major market transition, as highlighted by Swan Bitcoin and leading economists. The historic four-year boom-and-bust cycle may be ending, with coins now moving from short-term retail traders to institutional investors such as corporate treasuries, ETFs, and financial firms. While Bitcoin trades near all-time highs and consolidates around $105,000, realized volatility is at its two-year low. Swan notes that a significant supply squeeze is underway: long-term holders are realizing profits at elevated prices, while institutions—primarily long-only buyers—continue to absorb circulating coins and remove them from the market. This could result in shrinking liquidity and higher future prices if institutional demand remains strong. Three key transitions are underway: from early adopters to institutions, from speculation to long-term allocation, and generationally, as younger investors inherit wealth and opt for Bitcoin as a store of value. Some experts, however, caution that the market’s foundation remains unstable, with the risk of an 80% correction still possible, especially given the severe volatility seen in previous cycles. Macro factors such as rising bond yields and a weakening U.S. dollar may further boost Bitcoin’s appeal as a neutral store of value. Crypto traders should be cautious, as selling now may mean transferring coins to long-term institutional holders, reducing available supply. Overall, this shift could mark the end of an era and has significant implications for Bitcoin’s long-term market structure and price dynamics.

The CoinDesk 20 Index, a benchmark tracking top digital assets across major exchanges, first saw a broad downturn with a 3.2% drop to 3,239.11, as all twenty index constituents declined. Sui (SUI) and NEAR Protocol (NEAR) led initial losses, dropping 6.8% and 5.8%, respectively, while Solana (SOL) and Bitcoin Cash (BCH) showed milder setbacks. This sell-off, marked by increased volatility, suggested a risk-off sentiment and rising caution among crypto traders. In a subsequent market rebound, the CoinDesk 20 Index climbed 2.5% to 3,122.04, reflecting renewed momentum and broad-based recovery in major cryptocurrencies. All 20 assets posted gains in this move, led by Solana (SOL) with a 5.6% rally and NEAR Protocol (NEAR) up 4.9%. Litecoin (LTC) and Bitcoin (BTC) lagged with smaller gains of 0.6% and 1.0%. The shift from sell-off to a strong uptrend signals improving investor confidence and points to short-term upward momentum. Crypto traders should closely track such index movements, as the CoinDesk 20 remains a vital gauge for market sentiment and direction.

The UK’s Financial Conduct Authority (FCA) is advancing comprehensive stablecoin and cryptocurrency custody regulations, initiating public consultations to refine draft guidelines issued in alignment with HM Treasury’s framework. The new rules, covering both stablecoin issuers and digital asset custodians, propose several key measures: mandatory appointment of independent custodians for stablecoin reserves, a 5% on-demand deposit requirement, prohibition of interest payments to holders, and guaranteed redemption within one business day. Custodians must meet stringent liquidity and capital requirements, maintain robust accounting controls, and both issuer and custodian entities must obtain FCA authorization pursuant to the Financial Services and Markets Act 2000. Minimum capital thresholds are set at £350,000 for stablecoin issuers and £150,000 for custodians. Systemically important stablecoins will come under the Bank of England’s regulatory purview, with further guidance to follow in late 2025. The consultation remains open until July 31, 2025, and final regulations are expected in 2026. These proposals aim to enhance market integrity, bolster consumer protection, and develop a robust, competitive digital assets ecosystem in the UK. For crypto traders, these regulations promise clearer operational guidelines but may increase compliance costs and introduce temporary market uncertainty, particularly as the sector adapts to stricter requirements and oversight.

The US dollar has experienced significant weakness due to escalating trade tensions, notably under President Trump’s new tariffs, and mounting concerns over the rising US federal debt, now at $36.2 trillion. Over recent weeks, the dollar index plunged to a six-week low, with the euro and yen strengthening against the dollar. This divergence from historical patterns—where the dollar typically moves in tandem with Treasury yields—has been intensified by downgraded US credit ratings, policy uncertainty, and weak manufacturing data. Financial markets are further unnerved as the Senate considers a new spending plan that could increase debt by $3.8 trillion, and planned tariff hikes on steel and aluminum add to the uncertainty. This evolving ’sell America’ sentiment has resulted in sharp declines in US stocks and Treasury bonds, prompting investors to hedge against dollar risk by increasing allocations to gold and traditional safe-haven currencies. Top strategists at Goldman Sachs and UBS warn of further potential dollar weakness and recommend short positions on the USD. For crypto traders, these developments are crucial, as increased volatility in cross-border capital flows and forex markets is likely to spill over into crypto assets, presenting both risks and opportunities.

Bitcoin-focused treasury firm Twenty One Capital secured a $100 million investment from backers including Tether, Bitfinex, and Cantor Fitzgerald, bringing its total funding to $685 million. This capital injection follows the firm’s disclosure of plans to accumulate significant Bitcoin holdings and implement a public proof-of-reserves ledger led by CEO Jack Mallers to enhance transparency. The deal was facilitated through investors exercising an option to purchase more convertible notes. In the DePIN sector, decentralized computing platform aZen raised $1.2 million to advance decentralized infrastructure for AI applications, aiming to address supply chain risks. The tokenization market continues to attract capital, with Securitize—an on-chain asset management leader holding $4 billion in assets—securing an undisclosed investment from Jump Crypto. Securitize also manages BlackRock’s BUIDL fund, valued at nearly $3 billion. UK-based Savea raised $2.5 million to launch ERC-20 tokens backed by rare physical assets, while DeFi wallet Dexari secured $2.3 million aimed at optimizing its crypto trading app on the Hyperliquid infrastructure. These combined developments point to sustained and strategic venture capital interest in Bitcoin treasuries, asset tokenization, and DePIN infrastructure, reflecting underlying bullish sentiment and ongoing innovation in the crypto sector despite relatively calm market conditions. For crypto traders, the institutional momentum in Bitcoin and infrastructure projects indicates potential for long-term sector growth and enhanced transparency.

Recent analyses from DoubleLine Capital’s Jeffrey Gundlach and Goldman Sachs’s Daan Struyven highlight a significant surge in gold prices, with current levels around $3,275–$3,310 per ounce and projections of gold reaching as high as $4,000 by mid-2026. Gundlach and Struyven both attribute this outlook to escalating global debt, economic uncertainty, and aggressive monetary policies. Struyven further draws attention to the similarities between gold and Bitcoin, notably their limited supply and roles as inflation hedges, though he notes gold is less volatile and has a lower correlation with riskier assets like tech stocks. While Bitcoin has recently outperformed gold in returns, its higher volatility makes gold the preferred hedge during periods of stock market risk. These bullish gold forecasts are influencing broader investor sentiment, encouraging greater diversification between traditional and alternative assets, including cryptocurrencies. For crypto traders, the increasing appeal of gold as a safe haven could affect capital flows, potentially driving comparative interest in digital assets like Bitcoin as part of diversified risk management strategies.

Altcoin season, typically marked by broad outperformance of altcoins versus Bitcoin, appears to be ending. Notably, market analysts observe that altcoin gains are becoming more selective, with Ethereum experiencing sharp short-term rallies but Bitcoin maintaining dominance. The latest on-chain analysis issues a stark warning: up to 90% of altcoins could lose 99% of their value by 2026. Investors are urged to consider exiting most altcoin positions by August 2025, as historical metrics (MVRV, NUPL, SOPR) signal potential market tops resembling those seen before major crashes in 2017 and 2021. The phase of widespread gains across all tokens is likely over, with future capital expected to flow into specific narratives such as memecoins, AI tokens, Layer-2 projects, and DeFi sectors on platforms like Solana and Ethereum. The analyst advises traders to avoid ’last-pump’ FOMO and to gradually reallocate funds to lower-risk, yield-generating assets and Real-World Assets (RWAs) while market strength persists. Emphasis is placed on security, recommending cold wallets for storing core holdings and burner wallets for speculative moves. Persistent high interest rates may be delaying the traditional altcoin season and could limit explosive rallies. The core advice is to focus on capital protection, closely monitor evolving market signals, and reduce exposure to high-risk altcoins amid changing market conditions.

Hyperliquid (HYPE), a decentralized perpetual contracts exchange, has experienced a remarkable resurgence, overtaking Dogecoin (DOGE) in fully diluted valuation (FDV) and signaling a significant shift in the crypto market landscape. HYPE’s FDV reached $29 billion, placing it among the top 15 crypto assets by market cap. This surge is fueled by strong on-chain anonymity, deep liquidity, and high whale activity, including large leveraged trades that highlight the platform’s attractiveness to high-volume traders. Despite earlier FUD and liquidity concerns triggered by a major squeeze event, Hyperliquid enacted swift protocol adjustments—such as reducing leverage limits and prioritizing capital efficiency—to restore market confidence. The launch of the stablecoin HUSD and robust ecosystem growth further accelerated its recovery. For crypto traders, this milestone emphasizes the growing influence of newly launched tokens, the critical role of FDV as a market indicator, and the importance of monitoring evolving trading dynamics and whale movements, especially as new projects challenge established assets like Dogecoin.

Astar Network (ASTR) has formed a strategic partnership with Animoca Brands to expand Web3 infrastructure and blockchain gaming across Asia, with a focus on Japan. This collaboration aims to onboard major entertainment intellectual properties (IPs) to the blockchain, leveraging Sony’s Soneium (an Ethereum Layer-2) for scalability in gaming, entertainment, and finance. Animoca Brands’ strategic investment, though undisclosed in amount, will combine their Web3 resources with Astar’s local market strength to enhance consumer-facing applications and IP on-chain adoption. The partnership will also integrate Moca Network’s Anime ID for user identity, helping Web2 users transition to Web3. Current projects on Soneium, such as Astar’s ‘Yoki Legacy’ and Square Enix’s ‘Symbiogenesis’, show the entertainment sector’s blockchain potential. Despite these developments, ASTR’s price is around $0.03, down 10% over the past week, with technical signals currently bearish and support at $0.022. Traders should watch for future initiatives like a potential entertainment-focused fund, as the alliance could spark renewed interest and lift the price if momentum returns.

Coinbase has become the first crypto-native company to join the S&P 500, marking a milestone for the cryptocurrency sector. This development comes despite facing both a significant cybersecurity breach—caused by insider collusion and blackmail attempts that compromised user data—and an ongoing SEC investigation into its historical user metrics. Coinbase previously reported over 100 million verified users, a figure now under SEC scrutiny for potentially overstating actual activity. The U.S. exchange clarified that ’verified users’ included anyone verifying an email or phone, and is now shifting focus to monthly transacting users for transparency. Industry analysts, notably from Benchmark, suggest that the cyberattack is isolated and the SEC probe is unlikely to affect the company’s core growth drivers or stock price. Experts highlight these events as reminders of centralization risks in crypto infrastructure but express confidence in Coinbase’s resilience. The company’s continued S&P 500 inclusion is seen as a sign of stability and credibility, with limited risk to its market position or the broader crypto market, reinforcing trader sentiment.