Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

A public feud between Elon Musk and Donald Trump has significantly impacted the cryptocurrency market, particularly the perfomance of Dogecoin (DOGE). Following sharp accusations and dramatic media coverage, Dogecoin dropped to $0.1770, losing 6% in 24 hours and 13% in one week. The high volatility underscores how meme coins like DOGE are sensitive to celebrity influence and market sentiment, often outweighing fundamentals. Technical support near $0.18 may offer a rebound opportunity, but trading remains risky. In contrast, KORI, a Solana-based memecoin officially endorsed by the real Kori TikTok account, surged over 700% since launching, achieving a $9 million market cap and attracting more than 3,000 holders. The success of KORI highlights a new trend—authentic, community-driven tokens leveraging verifiable influencer backing for momentum gains. For crypto traders, these events demonstrate the heightened importance of authenticity, social media engagement, and the unpredictability of celebrity-driven narratives in the volatile memecoin sector. The shift toward influencer-backed meme coins may set a new industry standard, but the market remains high-risk with rapid price swings.

Coinbase (COIN) has achieved a major milestone, becoming the first crypto-native company to join the S&P 500, a move that signals growing institutional adoption and mainstream legitimacy for cryptocurrencies. This follows its dominant position in crypto custody, including holding keys for most U.S.-listed Bitcoin ETFs. The company reported strong 2024 net income of $2.58 billion and has seen its stock rally 43% since April 2025, outperforming major altcoins and drawing increased interest from both institutional and retail investors. Analysts highlight that COIN’s investment appeal now rests on expanding institutional adoption and the sustained growth of retail crypto trading. Technical analysis points to possible further upside, with price targets near $341 if momentum is maintained. Meanwhile, direct exposure to cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) remains highly volatile in early June 2025, with altcoins particularly at risk of further correction due to increased Bitcoin dominance and resistance at key moving averages. Comparatively, COIN stock is viewed as a lower-volatility, more regulated way for investors to gain exposure to the crypto sector, especially as institutional capital flows into more traditional channels. For risk-averse traders, COIN offers stability and the benefits of a regulated environment, while direct crypto holdings may provide higher, but riskier, returns for those with greater risk tolerance. Overall, the combination of S&P 500 inclusion, strong financial results, and technical momentum makes Coinbase stock the favored short- to mid-term investment over higher-risk altcoins, though diversification remains wise to balance risk and opportunity in the current crypto market landscape.

Bitwise Asset Management CEO Hunter Horsley has highlighted a markedly improved investment environment for Bitcoin, noting a significant reduction in core market risks and a robust institutional adoption trend. Across two CNBC interviews, Horsley emphasized that the major hurdles once facing Bitcoin—such as technological immaturity, security concerns, limited market infrastructure, and regulatory uncertainty—have notably decreased by 2025. These advancements, coupled with enhanced regulatory clarity and more developed trading infrastructure, make this period a strategic window for bullish investors looking to enter the crypto markets. Horsley suggested that early movers could benefit before broader mainstream adoption accelerates, as systemic risk is now lower and opportunities for high returns remain. Despite remaining price volatility, the current risk profile is more manageable, and institutional involvement is solidifying Bitcoin’s status as a maturing asset class. Traders are encouraged to evaluate their risk tolerance, portfolio allocation, and understanding of crypto fundamentals before capitalizing on these evolving conditions, as the barriers to entry are now lower than in previous cycles.

Russia’s largest bank, Sberbank (Sber), has introduced the country’s first regulated Bitcoin-linked structured bond, offering investors exposure to Bitcoin price movements and the USD/RUB exchange rate without directly holding crypto assets. The bonds initially target qualified over-the-counter investors, but Sber aims to expand access by listing on the Moscow Exchange for broader institutional adoption. All transactions are settled in Russian rubles and comply with national regulations, reflecting a shift in Russian policy towards digital asset acceptance. Sber is also rolling out Bitcoin futures for its users via its SberInvestments app, in sync with the introduction of new crypto instruments at the Moscow Exchange. These developments enable Russian investors to diversify into crypto-related assets within a regulated framework, eliminating the need for crypto wallets or unregulated platforms. Sber’s initiative is expected to attract conservative and institutional investors seeking regulated exposure to Bitcoin, increase market liquidity, and promote mainstream adoption in Russia. Traders should monitor the Moscow Exchange listings and evolving policy updates, as greater institutional involvement could set new compliance and security standards and potentially boost the maturity of Russia’s crypto market.

Ethereum (ETH) is at a pivotal turning point, shifting from a retail trading focus to establishing itself as an institutional settlement hub. According to Bitwise Europe and industry analysis, a majority of activity on the Ethereum network now revolves around stablecoin transactions and large institutional flows, with more than $127 billion in stablecoins on chain. Mainnet usage is increasingly geared toward infrastructure services such as core ETH transfers, regulated tokenized assets, and rollup-related operations, while smaller retail use cases—including DeFi and NFT trading—are migrating to Layer 2 networks for lower fees and faster transactions. New U.S. legislation, such as the proposed Genius Act, may soon provide vital regulatory clarity that could enhance Ethereum’s position as a settlement layer for regulated assets and stablecoins. Major financial institutions like JP Morgan (via Onyx), Citi, and Circle are strengthening their Ethereum ties, anticipating growth ahead of Circle’s IPO. The Fusaka upgrade, expected in 2025, aims to boost Ethereum’s transaction throughput 20-fold and improve fee sustainability through rollup adoption. Exchange outflow trends indicate accumulation by major players, while market surveys rank ETH as the second most favored crypto for 2025 after Bitcoin. Additionally, Ethereum’s network is being leveraged for the tokenized asset sector, such as tokenized gold (XAUT). Collectively, these developments point toward increased transaction security, network stability, and significant upward price momentum as technology, regulation, and institutional interest converge.

Arthur Hayes, co-founder of BitMEX, warns of aggressive monetary expansion and increasing US public debt, cautioning that central bank money printing—especially during the election cycle and amid debt forgiveness discussions—will likely fuel inflation and erode fiat currency value. Hayes highlights that government fiscal policies, particularly those tied to elections, often raise concerns over spending cuts, but may not result in real austerity. He positions Bitcoin (BTC) as a robust hedge against growing volatility and inflation in fiat currencies, underscoring that both retail and institutional investors are likely to increase their crypto investments amid fiscal and political instability. Crypto traders are encouraged to monitor upcoming central bank decisions and policy changes, as these could intensify volatility in both traditional and digital markets. Hayes’ analysis signals a bullish outlook for Bitcoin and digital assets, driven by macroeconomic conditions and heightened financial uncertainty.

BlockDAG, Avalanche (AVAX), Sui (SUI), and Litecoin (LTC) are positioned as leading cryptocurrencies to watch for potential significant upside in 2025, driven by recent technological advancements, presale milestones, and momentum around ETF approvals. BlockDAG has achieved a $282 million presale, selling over 21.8 billion BDAG tokens at $0.0018, with a major launch on 20+ major exchanges scheduled for June 13. Its hybrid DAG and Proof-of-Work consensus, 15,000 TPS capability, and EVM-compatible smart contracts set the foundation for ecosystem growth and wider adoption. Avalanche is strengthening its position with real-world integrations, such as partnerships with Filecoin and digital property initiatives in Bergen County, NJ. The AVAX price has shown strong support and could see positive price action if it breaks key resistance. Sui has recovered $162 million from a major exploit and is attracting institutional attention following Nasdaq’s spot ETF application via 21Shares. Approval could significantly increase SUI’s liquidity and institutional participation. Litecoin continues to post bullish technical indicators, with analysts estimating a 68% chance for spot ETF approval in 2025—a move that could spark major rallies. For crypto traders, participating ahead of BlockDAG’s launch or before possible ETF approvals for Sui and Litecoin may present lucrative opportunities as these catalysts play out. All four projects demonstrate robust fundamentals and actionable upcoming catalysts, making them important to monitor for market-oriented strategies.

A well-known cryptocurrency analyst, Dave the Wave—renowned for accurately predicting Bitcoin’s previous peaks—has projected a significant upward move for Bitcoin (BTC), with the potential to reach $160,000 by the year-end. This bullish outlook is based on strong buy signals from both the weekly and monthly MACD (Moving Average Convergence Divergence) technical indicators, which have historically preceded major rallies. Despite Bitcoin’s current struggle to break above the $110,000 resistance and the possibility of a short-term dip to around $98,000, the analyst expects a consolidation phase below $100,000 before a robust upward move. The forecast is further supported by looming macroeconomic events and critical dates like July 9, which could act as catalysts for market movement. Traders are advised to monitor these technical indicators alongside broader economic developments and to diversify their information sources, as short-term volatility may precede a sustained rally. The analysis underscores the importance of factoring in both technical and fundamental factors when strategizing entry or exit points in the volatile cryptocurrency market.

Tron (TRX) continues to show strong market resilience, trading within a steady range and supported by bullish technical indicators. Leading analysts, including Lennaert, now forecast that if Tron breaks the critical $0.30 resistance, its price could surge as high as $0.95, building on a solid uptrend since 2020. In contrast, Solana (SOL) is experiencing mixed momentum, with prices testing the $170 support after a 2.9% weekly drop. Despite this, forecasts remain optimistic, with Standard Chartered projecting a potential year-end target of $275 for SOL, provided it can break above the key $190 level and regain trading volume strength. Meanwhile, Unilabs (UNIL), an AI-powered DeFi platform, is rapidly emerging as a notable altcoin contender. Having raised over $1.6 million in its presale, UNIL is leveraging smart automation and fund diversification—including BTC, AI, and Stablecoin funds—to offer yield-optimizing strategies. Its $UNIL token is sold at $0.0051 in presale and features staking rewards and transparent fee sharing, fueling increased interest among early adopters. Analysts suggest Unilabs holds potential to capture significant DeFi market share, possibly rivaling Solana’s trajectory. For crypto traders, keep close watch on Tron’s movement above $0.30 for a potential breakout, Solana’s action around $170–$190 for trend reversal, and Unilabs’ ongoing presale as an early-stage AI-driven DeFi opportunity with possible outsized returns.

XRP experienced notable price volatility, initially surging to $2.70 on speculation around futures products and possible regulatory clarity, before retracing to $2.35 as enthusiasm waned. Market sentiment has also been shaped by high-profile discussions about including XRP in the US national crypto reserve, supported by figures such as Donald Trump and Michael Saylor, but facing resistance from Bitcoin advocates like Tyler Winklevoss. Technical analysis and bullish signals suggest that with favorable regulation, XRP could reclaim the $3 mark. Meanwhile, Coldware ($COLD), positioned as a utility-focused Web3 project, is gaining investor interest. The project features a Layer-1 blockchain, DeFi and payment utilities, and tangible products like the Larna 2400 smartphone and ColdBook laptop, all underpinned by the $COLD token. With over $3.6 million raised during its presale, Coldware is attracting those seeking alternatives to hype-driven assets. For traders, XRP’s price remains closely tied to regulatory developments and influential endorsements, while Coldware represents a new wave of utility-focused altcoins drawing attention for their real-world applications and long-term growth prospects.

Institutional demand for Ethereum (ETH) is accelerating, with recent derivatives market data indicating a clear shift in favor of ETH over Bitcoin (BTC) among major traders and institutions. Key signals include a 186% increase in ETH futures open interest on the CME since April, far surpassing BTC’s 70% growth over the same period. ETH futures premiums have climbed to 10.5%, outpacing BTC’s 8.74%, while options risk reversals and higher call option premiums further highlight growing bullish sentiment for Ethereum. Perpetual funding rates for ETH now hover near 8%, compared to BTC’s sub-5%, underscoring stronger long-side positioning. This surge is driven by Ethereum’s robust DeFi and NFT ecosystem, attractive staking yields after the Proof-of-Stake upgrade, and ongoing scalability developments. The trend reflects institutional diversification beyond Bitcoin, with ETH emerging as a core portfolio holding. Increasing institutional adoption may bolster ETH’s legitimacy, market infrastructure, and upward price potential. Crypto traders should monitor these institutional signals as indicators of potential continued bullish momentum. While market volatility remains and short-term outcomes may vary, the strengthening institutional focus on Ethereum marks a maturing of its ecosystem and could impact both ETH’s price trajectory and the broader crypto market structure.

Institutional and retail interest in Solana (SOL) exchange-traded funds (ETFs) is rapidly increasing, with several major asset managers like Grayscale, VanEck, and Franklin Templeton filing applications with the US SEC. Analysts highlight that this growing demand for regulated Solana investment products is driving price optimism, with SOL trading around $165 and Polymarket data showing an 82% perceived probability of ETF approval. Approval could prompt a price surge, reflecting past reactions to BTC ETF launches, though gains may take time. Simultaneously, ’smart money’ investors are reportedly accumulating Bitcoin Solaris, a project expected to benefit from technical upgrades and strategic partnerships, with some analysts projecting up to 10X potential gains. This dual trend reflects evolving risk appetite among crypto traders and fund managers, signaling short-term volatility and increased trading volumes. Both Solana and Bitcoin Solaris are under close market scrutiny for speculative and long-term investment opportunities as institutional sentiment continues to shift.

Synthetix has introduced a daily buyback program for its stablecoin sUSD, capped at $1 million per day, following a drop in sUSD’s price to $0.93 after protocol changes under SIP-420. The initiative aims to restore sUSD’s peg to the US dollar and reinforce market confidence, using open market operations to support stability. Prior stabilization steps include Infinex reward campaigns and the 420 Pool sUSD staking initiative, which currently offers a 72% annualized return and mandates a minimum 10% sUSD staking ratio. Early signs suggest these measures are helping stabilize the stablecoin. Synthetix is committed to achieving long-term peg maintenance through organic demand rather than continuous incentives. This stabilization push also aligns with Synthetix’s broader strategic efforts, including a proposed acquisition of Derive and the launch of a perps exchange on Ethereum mainnet, aimed at expanding its DeFi ecosystem and restoring value for traders and stakers. The concentrated buyback is expected to further strengthen sUSD and its DeFi standing.

Ethereum is showing signs of entering a new secular bull market, driven by strong on-chain metrics and heightened investor interest. Recent data highlights a significant rise in transaction volume, active addresses, and staking participation, indicating growing confidence in the Ethereum network. A notable bounce in the ETH/BTC pair from multi-year support and increased Google search interest also point to renewed retail participation. Surge in decentralized finance (DeFi) activity and revived institutional demand further bolsters the bullish outlook. The resilience of Ethereum’s price, even amid recent market fluctuations, underscores robust demand and potential for continued gains. Political developments in the US—such as Donald Trump’s pro-crypto stance—along with easing global economic uncertainty from US-China tariff agreements, provide additional macro tailwinds. Analysts suggest monitoring network growth, staking rates, and on-chain activity, as sustained strength could fuel further upside momentum for ETH. Short-term corrections may occur, but the prevailing sentiment has shifted strongly bullish, with both historical trends and new inflows pointing to an extended altcoin rally led by Ethereum.

Backpack Exchange has begun processing euro withdrawals for eligible FTX EU creditors following its acquisition of FTX EU in January 2025. This move positions Backpack as the primary platform for redistributing the former exchange’s remaining customer funds amid FTX EU’s restructuring. To access withdrawals, users must create a Backpack account and complete KYC verification, ensuring their identity matches previous FTX EU records; discrepancies require resolution with support services. The claims process opened on April 1, with no official submission deadline announced. Only users who registered with FTX EU on or after March 7, 2022, are eligible, and others must refer to original terms of service. The acquisition aims to expand Backpack’s crypto derivatives trading in Europe, yet the transfer remains under legal scrutiny as the FTX estate contests ownership. Although the recovery process offers hope for affected users to reclaim frozen funds, the final recovery percentage and payout timeline remain unknown. This development could improve market sentiment for former FTX EU users and influence regional crypto trading dynamics, especially in European markets.

Tether CEO Paolo Ardoino has raised significant concerns over evolving European Union (EU) regulations targeting stablecoins, including strict reserve requirements and emerging capital controls. In recent interviews and public comments, Ardoino criticized the EU’s proposed rule mandating that stablecoins hold 60% of reserves as uninsured cash in European banks, highlighting the risks of liquidity shortfalls and potential banking solvency crises akin to the Silicon Valley Bank collapse. His warnings come as Spain enacts a new capital control policy, imposing a €3,000 fine for failing to report cash withdrawals exceeding €150 within 24 hours, which could restrict liquidity and signal increasing regulatory scrutiny across Europe. Ardoino and other crypto leaders view these measures as accelerating the rollout and potential adoption of the digital euro, while also impacting usage and flows of stablecoins like USDT. For crypto traders, these developments suggest heightened regulatory risk for stablecoins and European banking partners, possible shifts in demand toward central bank digital currencies, and a growing interest in non-sovereign digital assets amid tightening capital controls.

Cryptocurrencies are experiencing notable volatility, with Bitcoin (BTC) trading near $96,600 and RENDER (RNDR) up almost 97% over the past two months, currently near $4.9. Crypto analyst CAPO, known for his accurate calls during previous bear markets, now maintains a cautious yet bullish approach. He identifies $92,000 as a critical Bitcoin support level—any breach could trigger a sharp correction toward $60,000, a potential decline of over 37%. Conversely, as long as BTC holds above this level, further rallies in altcoins like RENDER and Solana (SOL) are possible. CAPO highlights $4.25 as a key reclaim for RENDER, targeting $6–$7 if momentum persists. Altcoins such as SOL could continue upward if essential supports ($170-$200) are respected, but CAPO cautions about profit-taking and a possible market correction or ’black swan’ event, especially towards month’s end. Macroeconomic factors, including upcoming China-US meetings and expected tariff decreases, may impact crypto prices. CAPO advises traders to hedge after significant gains and stresses monitoring both technical and macroeconomic signals for effective trading strategies. Key takeaways: watch Bitcoin’s support, altcoin trends, and pending global events for informed crypto trading.

Taiwan’s Financial Supervisory Commission (FSC) has intensified regulatory actions in its crypto sector, recently removing both CoinWorld (operated by 尹天下国际顾问管理公司) and CoinW (币想科技) from its official list of compliant virtual asset service providers (VASPs). This move follows allegations of fraud and money laundering involving CoinW and an industry-wide push for stricter anti-money laundering (AML) and regulatory oversight. CoinWorld, previously considered a compliant trading and custody platform, is now prohibited from offering crypto services both online and offline in Taiwan. The FSC reiterated that all VASPs must adhere strictly to AML, counter-terrorism financing (CFT), anti-proliferation (CPF), consumer protection, and anti-fraud regulations, or face immediate removal and cessation of operations. The simultaneous exclusion of CoinWorld and CoinW signals the FSC’s commitment to protecting investors and fighting illegal activities, while suggesting increased scrutiny and potential instability in Taiwan’s crypto trading environment. These developments could impact VASP licensing, operational certainty, and local market stability, especially as traders respond to heightened regulatory risks.

A decentralized finance (DeFi) token priced below $0.20 initially drew attention for its potential to replicate Ripple’s price surge. This underdog sentiment has evolved as increased selling pressure hits DeFi altcoins. Notably, Solana (SOL) and Pepe Coin (PEPE) each diluted 5% of their holdings, reportedly to reallocate capital in response to the rising prominence of Coldware ($COLD), a new DeFi competitor. These developments suggest an accelerating rotation of funds within the DeFi sector, as traders look for new opportunities amid shifts in market sentiment. The dilution of SOL and PEPE may result in short-term volatility for both tokens, as the community evaluates the potential impact of capital moving into emerging DeFi projects like Coldware.

Eric Trump has positioned himself and World Liberty Finance as prominent supporters of Bitcoin and Ethereum, underscoring these assets as tools for financial independence and protection against political influence in centralized finance. Despite XRP’s established market presence and utility, Trump has notably excluded it from public endorsements and World Liberty Finance’s investment portfolio, which reportedly comprises Bitcoin, Ethereum, and USD-backed stablecoins, with over $48 million invested in Ethereum alone. Key reasons for this exclusion include XRP’s prolonged legal battle with the U.S. SEC and its primary focus on cross-border payments, which diverts from the firm’s core interest in decentralized finance (DeFi). Optics and regulatory caution further motivated silence, as the Trump brand aims to sidestep legal and political controversy. The latest commentary suggests that if regulatory clarity for XRP improves, World Liberty Finance may reconsider its stance. Donald Trump’s evolving embrace of digital assets—including NFTs and meme coins—highlights broader family engagement with crypto, especially on the Solana blockchain. The strategic avoidance of XRP emphasizes the significance of legal clarity in institutional crypto investments and could influence trader sentiment towards these assets.

Canada has introduced the first spot Solana ETFs with staking on the Toronto Stock Exchange, marking a significant advancement in crypto investment products. The ETFs, approved by the Ontario Securities Commission, enable investors to directly own Solana tokens, secured in institutional-grade cold storage, and earn staking rewards. Four companies including CI Global, 3iQ, Purpose, and Evolve, are providing these products, each tracking different Solana-related indices. The ETFs offer additional returns beyond Solana’s price performance through staking in partnership with TD Bank, with management fees between 0.15% to 1%. Within two days, these ETFs managed to accumulate $73.5 million AUM. This move highlights Canada’s proactive regulatory approach as a model for global crypto innovation. In contrast, the U.S. SEC is reviewing similar crypto ETF applications, which may face delays due to regulatory differences, although Solana futures trading has begun in the U.S. through CME. Canada’s pioneering framework offers insights that could influence global crypto policies.

Former U.S. President Donald Trump recently commented on various economic topics, including U.S.-China trade relations and Federal Reserve policies. Trump reassured that he has no intention of dismissing Fed Chairman Jerome Powell despite past criticisms about interest rate cuts. He signaled a possible reduction in 145% tariffs on select Chinese products such as fentanyl. Trump criticized the current administration for its handling of economic and border issues, asserting that his own policies significantly lowered prices on goods like eggs and oil. This change in stance suggests potential easing of trade tensions, which could stabilize market reactions. Crypto traders are advised to monitor these developments for their impact on market stability and trading strategies.

Bitcoin’s price has recently surged to a 45-day high with significant activity in perpetual contracts, reaching $94,142.5, while spot prices hit $92,737.30. This movement indicates heightened speculation and interest in derivative markets, driven potentially by market optimism and large-scale trades. Despite the price increase, there remains caution as the futures market shows only a 6% annualized premium, reflecting neutral sentiment. Economic factors, such as US trade relations and Federal Reserve policies, impact investor confidence. Traders should monitor the gap between spot and derivative prices, as it signals varying sentiments and leverage effects. COINOTAG NEWS suggests staying informed and conducting independent research before making investment decisions.

Monica Long, President of Ripple Labs, calls for financial institutions to embrace digital transformation through tokenization, highlighting XRP’s energy efficiency over Bitcoin. XRP’s consensus algorithm is stated to be 120,000 times more efficient than Bitcoin’s Proof of Work, emphasizing sustainability over both Bitcoin and cash. Ripple, through its XRP Ledger and RLUSD stablecoin, seeks to expand access and reduce costs for financial institutions. Recently, Ripple acquired Hidden Road to enhance transaction efficiency and concluded a legal dispute with the SEC, potentially paving the way for future growth, signifying a robust commitment to boosting XRP’s market value and sustainability.

Bybit, in collaboration with Santiment, has released a comprehensive report addressing social sentiment in the crypto market. The report highlights the dramatic 90% plunge of MANTRA’s OM token, with over $5.4 billion loss in market cap, attributed to forced liquidations and suspicious trading activities, leading to increased investor skepticism akin to the previous LUNA crash. Despite the skepticism, the potential approval of a spot XRP ETF generates optimism in institutional circles, especially after Teucrium’s XRP ETF attracted $5 million on its launch day, showing strong institutional interest. This dual scenario leaves investor sentiment divided, with factors such as US-China trade tensions and upcoming Federal Reserve decisions also exerting influence over market prices. Crypto traders remain watchful of these conflicting dynamics, with the possibility of further ETF approvals offering hope amidst a backdrop of market uncertainties.

Antpool, one of the largest Bitcoin mining pools, recently moved 2,009 Bitcoins, valued at approximately $168 million, to unknown wallet addresses. These transactions sparked speculation about a potential miner sell-off, which could put downward pressure on Bitcoin’s price. In a more recent development, Whale Alert reported that 1,050 Bitcoins, valued at approximately $87.9 million, were transferred to Antpool from an unknown wallet. This inflow could indicate strategic shifts in Bitcoin holdings or preparations for large-scale mining activities. Traders are closely monitoring these movements to evaluate potential changes in Bitcoin mining power distribution and their effects on market dynamics.

The cryptocurrency market is currently experiencing heightened volatility with Bitcoin perceived to be losing its independence, prompting analysts to recommend cautious trading with strict stop-loss measures. Solana’s MEME whale movements suggest market differentiation, while Singapore’s Gulf Bank is developing regulatory frameworks to introduce new banking and cryptocurrency services, highlighting evolving crypto financial landscapes. The liquidity situation with Trump tokens is drying up, and Binance’s introduction of high-leverage contracts further underscores the heightened investment risks. The decrease in retail traders’ leveraged trading in meme coins signals a shift towards market apprehension, compounded by a bearish sentiment as funding rates turn negative, potentially leading to further market corrections if the trend persists.

On April 14, a meeting between US President Donald Trump and El Salvador’s President Nayib Bukele at the White House centered on trade and immigration topics. Despite both leaders’ favorable positions on cryptocurrency, Bitcoin discussions were absent. This is notable as El Salvador made Bitcoin a legal tender in 2021 and has continuously increased its Bitcoin holdings to over 6,147 BTC. The absence of Bitcoin from the talks could be due to pressure from the IMF on El Salvador to limit its Bitcoin usage, while the US holds a substantial amount of Bitcoin mostly from asset seizures. The event underscores that cryptocurrency, although increasingly important globally, may not necessarily be a focus in diplomatic exchanges.

Han Lin, Gate.io founder and CEO, predicts that the U.S. tariff policies will initially cause market volatility but will ultimately foster growth in the cryptocurrency sector. In talks with CoinTelegraph, Han highlighted the adaptability of the crypto industry amid global economic challenges, viewing the policy changes as catalysts for industry evolution. He anticipates that these developments will integrate crypto solutions more deeply into the financial system, maintaining optimism for crypto’s future role in global finance. However, U.S. miners may face higher equipment costs due to tariffs, potentially slowing down Bitcoin production and affecting market supply dynamics. This situation could increase Bitcoin prices. Moreover, economic instability from tariffs may enhance cryptocurrencies’ appeal as hedge assets, especially in regions with depreciating local currencies.