Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Ethereum has rallied over 60% from its June low, surging past $3,425 on July 17 after the US House advanced the Crypto Genius Act, the Clarity Act and the Anti-CBDC Act. On-chain adoption hit record highs, with 152 million non-empty wallets, and ETH discussions account for 13.4% of crypto chatter. Technically, Ethereum broke an inverted head-and-shoulders neckline at $2,870 and invalidated an ascending wedge resistance at $3,000. Crypto analyst Kaleo predicts a “god candle” breakout could drive ETH above $4,000 in days, targeting the low $4,000s with key resistance at $3,344 (0.618 Fib). Market optimism, bolstered by Bitcoin’s rally and Founders Fund’s stake in Bitmine Immersion Technologies, adds momentum. Traders should watch for sustained support above $3,000 and manage risk as RSI signals overbought conditions and potential short-term pullback.

BlackRock’s Ethereum ETF ETHA has reached over 2 million ETH holdings, about 1.65% of circulating supply, driven by record weekly inflows of $900 million. Over the past four months, U.S. spot Ethereum ETFs have netted $2.7 billion in inflows, lifting total AUM to $13.5 billion across providers. ETHA’s AUM now exceeds $5.5 billion, with shares climbing 17% to $22.80 amid heightened trading volumes. Institutional investors, including publicly traded BitMine, have boosted ETH accumulation, while Ethereum’s price broke above $3,000 for the first time since January 2025. Technical indicators like a MACD crossover project targets of $3,400 and $4,000, underscoring strong bullish momentum. Traders should monitor ongoing inflows into Ethereum ETFs, shifts in exchange liquidity, and market structure changes. The growing demand for regulated Ethereum ETFs is reducing available ETH supply on exchanges and likely supporting price stability and further gains.

Bitcoin surged from $112,000 to $116,500, triggering over $1.01 billion in short liquidations across crypto futures. BTC shorts accounted for nearly $570 million, while ETH shorts added $206.9 million. Total crypto market capitalization rose 4.4% to $3.63 trillion, and on-chain “accumulator” wallets now hold over 248,000 BTC. The Market Value to Realized Value (MVRV) ratio remains below 2.75, suggesting room for BTC to climb toward $130,900. However, $2.1 billion in long positions risk liquidation if BTC dips back to $112,000. In the following 24 hours, crypto futures liquidations reached $1.326 billion. Long positions accounted for the bulk of this volume as BTC and ETH price swings triggered margin calls. Analysts warn that elevated liquidation levels signal increased risk and short-term bearish pressure. A technical rebound may follow as traders rebuild positions. Market participants should monitor leverage ratios and key support levels to manage downside exposure, especially in the face of potential macroeconomic shocks or regulatory changes.

On July 4, eight dormant Bitcoin wallets funded in 2011 moved 80,000 BTC (approx. $8.6 billion) to SegWit addresses after 14 years of dormancy. The shift—tracked by blockchain analytics firm Arkham Intelligence—saw each wallet transfer around 10,000 BTC to benefit from lower fees and improved efficiency. While no coins have been sold, the sudden on-chain activity triggered a 1.6% price drop to $107,564. Coinbase Head of Product Conor Grogan flagged a preceding Bitcoin Cash test transfer, warning of potential private key compromise and speculating the event could become the largest crypto heist ever. Social media buzzed with Satoshi Nakamoto theories, driving long liquidations and resistance near $110,000. Crypto analyst Rekt Capital noted Bitcoin flirting with a key trendline since its $112,000 peak, cautioning that a daily close below it could spark short-term volatility. Traders should monitor Bitcoin wallets, price trends, and on-chain metrics for further reactivations or sell-offs that might push Bitcoin below $100,000, though historical movements of dormant coins have rarely produced lasting price shifts.

Bitcoin ended Q2 with a record quarterly close near $111,000, following a surge above $109,000 after a consolidation phase. Trading volume rose 18% to $55bn, pushing the volume-to-market-cap ratio to 2.53%, while the RSI remains neutral. Key support now lies at $108,000–$109,000, with resistance at $114,000. A confirmed daily close above these levels could pave the way for a rally toward $120,000–$123,000. Traders will watch on-chain data, daily price closes, and volume indicators for confirmation. If Bitcoin leads a broader market upswing, interest in an altcoin rally may intensify. Asset allocation and risk management remain critical amid potential volatility.

Circle’s recent IPO, featuring a surge of nearly 200% in its stock price, has intensified focus on the role of stablecoins like USDC within the cryptocurrency market. This high-profile listing is drawing comparisons to Coinbase’s 2021 IPO, which signaled a market peak followed by a sharp drop in Bitcoin value. While some analysts warn that Circle’s public debut could precede short-term volatility for Bitcoin – repeating historical patterns – the current market remains more stable, with Bitcoin trading above $107,000 and showing only modest gains. Notably, experts highlight that institutional confidence in Circle and the ongoing engagement from traditional finance may encourage long-term sector-wide growth for both stablecoins and broader crypto assets. Market participants are advised to remain cautious, monitoring for potential short-term corrections but also for opportunities driven by increased public and institutional attention on digital assets. The evolving regulatory landscape makes it essential for traders to stay vigilant, as new developments could impact both Bitcoin and stablecoin trajectories.

Recent on-chain data shows a surge in large-scale trading activity by crypto whales, particularly focused on the HYPE token. Within a three-hour window, two prominent whale addresses, 0x7E4E and 0x5dE5, purchased a total of 385,720 HYPE tokens, investing approximately $14.9 million in USDC, with average prices between $38.5 and $39.1 per token. Notably, address 0x5dE5 staked its entire purchase, signaling long-term commitment or expectations of future gains. Earlier activity highlighted similar whale interest, with cumulative HYPE purchases exceeding $4.95 million at lower price points, and substantial movement in KTA and ETH by other whales. This concentrated accumulation and subsequent staking have heightened market interest and suggest increased institutional or speculative demand for HYPE. Such activity has the potential to impact the token’s price and liquidity, making it a key market trend for traders to monitor.

Bitcoin (BTC) has maintained a strong uptrend, consolidating above the critical $107,000 mark after withstanding recent market volatility. The cryptocurrency surged to a recent high of $110,550 and remains in a bullish phase, trading above key technical support levels, including the bull market support band and the 100-hour simple moving average. Technical analysis indicates that if BTC breaks the immediate resistance at $110,500, with further barriers at $112,500 and $113,800, a move toward $115,000 is possible, potentially reaching new all-time highs. Conversely, failure to surpass $110,500 could result in pullbacks to support zones at $108,200 and $106,500, with deeper declines possible below $105,500. The current hourly MACD and RSI point to strong bullish momentum, while long-term holders maintain confidence despite prolonged rally duration and macroeconomic uncertainties. Traders should closely monitor these resistance and support levels as Bitcoin’s ongoing strength continues to attract both momentum traders and long-term investors. The technical outlook is decidedly bullish but warrants caution due to the extended duration of its rally and potential for sudden corrections.

Bitcoin (BTC) has showcased remarkable price stability and resilient performance throughout June, maintaining levels above $100,000 while implied volatility has dropped to its lowest point in a year. This sustained stability persists despite escalating geopolitical tensions, such as renewed U.S.-China trade negotiations and contentious political discourse involving high-profile figures like former U.S. President Donald Trump and Elon Musk. Analysts from QCP Capital attribute the narrow trading range and subdued price swings to a ’wait-and-see’ approach among investors, spurred by ongoing trade talks in London and unresolved global economic risks. Market commentary from Clearpool and Kronos Research highlights growing recognition of Bitcoin as a neutral reserve asset and hedge against currency manipulation and political risk, though experts caution that liquidity limitations, regulatory hurdles, and persistent volatility constrain BTC’s potential as a full-fledged global reserve currency. Options data indicate a modest bullish bias, dominated by call options and cautious positioning. For crypto traders, this environment signals a consolidation phase where Bitcoin serves as a potential safe haven, but meaningful upside is likely on hold until major macroeconomic catalysts emerge. Traders should monitor U.S.-China trade developments, manage risk conservatively, and remain ready for volatility should negotiations trigger a shift in market sentiment.

The UK’s Financial Conduct Authority (FCA) has lifted its ban on retail investment in cryptocurrency exchange-traded notes (ETNs) and ETFs, a restriction in place since 2019. Effective from June 6, 2025, UK retail investors can now access these regulated crypto investment products, including those tracking Bitcoin, Ethereum, and other leading tokens, via the London Stock Exchange and other approved venues. The policy change forms part of the UK’s post-Brexit drive to enhance fintech competitiveness, attract digital asset innovation, and position London as a premier European crypto hub. The FCA will enforce strict risk disclosure and marketing rules to protect retail investors, while the ban on crypto derivatives for retail remains due to ongoing concerns about volatility and consumer protection. This regulatory easing is expected to significantly increase institutional and retail inflows into UK-listed crypto funds, mirroring positive trends observed in the US, EU, and Hong Kong after similar moves. Crypto ownership in the UK has risen sharply, doubling to 12% in 2024, reflecting growing domestic market demand. Industry leaders view this development as a decisive step toward mainstream crypto adoption in the UK. Further, regulatory reforms for crypto exchanges and custodians are planned for 2026 to further integrate crypto oversight with traditional financial markets. Analysts predict this move will boost liquidity, foster innovation in areas such as stablecoins and DeFi, and strengthen London’s status as a global crypto financial center. Overall, the policy shift is considered bullish for Bitcoin and the broader digital asset market.

The cryptocurrency market is experiencing strong bullish momentum, driven by global monetary easing, expanding money supply, and accelerating institutional adoption of Bitcoin and other digital assets. Central banks, including the European Central Bank and Bank of Canada, have already enacted rate cuts, with the US Federal Reserve expected to follow. Global M2 money supply has risen to $93 trillion, heightening concerns about fiat currency inflation and enhancing the appeal of scarce assets like Bitcoin. Institutional inflows into US spot Bitcoin ETFs have reached over $12 billion in Q1 2024, with BlackRock’s IBIT surpassing $18 billion in assets under management. Pension funds, insurance firms, and sovereign wealth funds are increasing their exposure via regulated custodians. Bitcoin’s capped supply of 21 million coins and the recent halving have further strengthened its profile as a hedge against inflation. Market sentiment has shifted notably, with prominent leaders like Raoul Pal and BlackRock CEO Larry Fink endorsing Bitcoin as ’digital gold.’ Technical and on-chain indicators suggest growing accumulation and that the market is not yet overheated, implying substantial further upside potential. A breakout above the $112,000 resistance level could trigger higher price targets, with possible spillovers into Ethereum, Layer 2 solutions, and altcoins. Investors are encouraged to position early, as the current environment—marked by institutional adoption, shrinking new supply, and robust demand—mirrors historical bull cycles and points to transformative investment opportunities in the crypto sector.

Bitcoin Pepe (BPEP), a meme coin focused on bridging Bitcoin’s security with Solana’s scalability through a Layer 2 solution, is concluding its successful presale, raising over $14 million. The token is set for exchange listing on June 17, supported by strategic partnerships with Super Meme, Catamoto, GETE Network, and Plena Finance. This project stands out in the meme coin sector by combining technical innovation with community appeal. Meanwhile, France-based The Blockchain Group is preparing a $340 million funding round to expand its Bitcoin (BTC) treasury, having previously acquired 1,471 BTC worth $68 million. These moves highlight growing institutional interest in both established cryptocurrencies and innovative altcoin projects. Market attention is also mounting on the potential launch of actively managed meme coin ETFs, with Bloomberg analysts forecasting their emergence as early as 2026. Such ETFs could legitimize meme coins, attracting both institutional and retail investment. The convergence of strong presale demand, rising institutional investment, and ETF developments is fostering a risk-on climate, driving speculative capital into high-upside tokens such as Bitcoin Pepe and supporting an optimistic outlook for narrative-driven altcoins.

Gemini, a major US-based cryptocurrency exchange founded by the Winklevoss twins, has confidentially submitted an S-1 registration statement to the SEC, taking a significant step toward its initial public offering (IPO). While specifics such as offering size and timeline remain undecided and subject to regulatory review, this move underscores an increasing trend of crypto firms pursuing public listings. The decision follows closely after stablecoin issuer Circle’s successful IPO and reports that competitor Kraken is also preparing to go public. This surge in IPO activity is attributed to a more crypto-friendly regulatory and political environment in the US, with support from former President Donald Trump and several pro-crypto policy appointments. The Winklevoss brothers’ overt support for Trump, including substantial bitcoin donations, further aligns Gemini with the current political climate. If these IPOs proceed successfully, they are expected to drive greater institutional legitimacy, regulatory clarity, and capital inflow into the crypto sector, with Gemini’s focus on compliance and security positioning it as a mainstream player.

The meme coin market remains highly dynamic, with several projects emerging as strong contenders as 2025 approaches. Both analyses highlight Arctic Pablo Coin (APC) as a standout in the ongoing meme coin boom, mainly due to its novel travel-themed presale structure, staking rewards of up to 66% APY, and deflationary mechanics through token burns in each phase. APC’s current presale price sits at $0.00027, with over $2.69 million raised and a projected launch price of $0.008, suggesting a potential ROI exceeding 2,800% for early investors. Meme coins such as Snek, Brett, Bonk, and Floki Inu are also spotlighted for their unique incentives: Snek for community rewards, Brett for marketing and influencer partnerships, Bonk for its token-burning mechanism, and Floki Inu for integrations with utility projects and the metaverse. The rapid community growth and viral marketing strategies behind these coins have fueled both speculative interest and market volatility. The coverage notes that Arctic Pablo Coin is promoted as a leading presale investment opportunity, though the content is marked as sponsored, not objective advice. Overall, the developments point to sustained volatility and high ROI potential in meme coin trading, particularly appealing to risk-tolerant crypto traders searching for early-stage investment opportunities and swift market movements.

Uber’s CEO Dara Khosrowshahi has revealed at the Bloomberg Tech Summit that Uber is seriously exploring stablecoin integration to streamline its global payments, with a focus on reducing international transaction costs and minimizing currency volatility—an issue for many multinational firms. The discussion referenced leading stablecoins like USDC and Euro Coin, both issued by Circle, whose recent IPO on the New York Stock Exchange has sparked increased institutional curiosity and confidence in stablecoin adoption. While Uber has not implemented a stablecoin payment system yet, internal research continues as the company weighs operational and fiscal benefits. This move reflects the wider trend of global corporations considering stablecoins to optimize cross-border transactions and payments. Crypto traders should note that successful adoption by major players like Uber could significantly drive up stablecoin transaction volumes, trigger broader corporate integration of cryptocurrency payment infrastructure, and impact the market performance of major stablecoins and related blockchain assets.

Ethereum currently leads the tokenization of real-world assets (RWA) due to its established ecosystem, institutional trust, and robust DeFi liquidity. Major institutions, including JPMorgan and the European Investment Bank, have chosen Ethereum for high-profile RWA initiatives, benefiting from its mature token standards such as ERC-1400 and ERC-3643. However, Ethereum continues to face challenges with scalability, unpredictable transaction fees, and slower settlement times compared to traditional finance. While Layer 2 solutions and protocol upgrades aim to address these issues, emerging projects are gaining attention. Solana, with its high-speed and cost-effective transactions, is attracting RWA projects that require efficiency and automation. Specialized blockchains like MANTRA and Maple are also emerging, offering native compliance and features tailored for regulated asset tokenization. Although Ethereum’s deep liquidity and regulatory acceptance maintain its position for large-scale RWA structures, growing demand for scalable and compliant solutions is driving new projects to alternative platforms. As the RWA market is still in its early stages—at less than 2% of predicted potential—leadership in the coming phase will likely depend on full on-chain compliance capabilities, comprehensive service ecosystems, and sustained liquidity. The shift toward multi-chain adoption signals increased competition, and traders should monitor RWA liquidity migration and platform preferences for potential opportunities.

Altcoins are demonstrating renewed strength as June progresses, with traders rotating capital from stable top cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) to high-performing alternatives. While Bitcoin trades close to its all-time highs, major altcoins such as Avalanche (AVAX), Injective (INJ), and Worldcoin (WLD) are experiencing notable price surges, buoyed by rising trading volumes and bullish sentiment. AVAX has surged 8% in 24 hours due to expanding DeFi activity and ecosystem growth, potentially setting up a breakout towards the $26-$28 range if volume remains strong. Injective (INJ) is rallying on AI and cross-chain finance narratives, aiming to break $14. Meme-inspired Pudgy Penguins (PENGU) is seeing increased activity from strong community participation and NFT launches, targeting $0.015. DeXe (DEXE), a DeFi governance token, posted a 25% weekly gain, with potential upside if it clears $11. Worldcoin (WLD) rebounded 7% on the back of global expansion and AI integration, despite ongoing biometric data controversies. The rotation into these and other speculative or innovative tokens underlines growing trader confidence, with expectations of heightened volatility and breakout opportunities in the near term. Traders are advised to closely monitor high-volume altcoins for technical breakouts and momentum plays in the coming week.

Bitcoin Solaris (XBS/XLR) is gaining attention for being the only cryptocurrency currently enabling users to mine coins directly from their smartphones, marking a significant shift in accessibility during the ongoing altcoin season. The project leverages lightweight, energy-efficient mining algorithms, allowing everyday users to participate without the need for expensive hardware. This approach is democratizing access to cryptocurrency mining and is positioned as a promising opportunity for those who missed out on early Bitcoin investments. The new mobile-first model lowers barriers to entry, encourages greater decentralization, and taps into an expanding ecosystem featuring wallet integrations and potential passive income streams. As altcoin projects compete for attention, Bitcoin Solaris stands out for its blend of blockchain efficiency, eco-friendly protocols, and focus on usability. For crypto traders, the increasing accessibility and potential for broader adoption could enhance XBS liquidity and market activity, posing unique opportunities and risks in the evolving crypto landscape.

Recent high-level US-China trade dialogues, featuring Presidents Joe Biden and Xi Jinping, have underscored a renewed emphasis on cooperation, economic stability, and transparent engagement. Both nations reaffirmed commitment to resolving key trade issues and stabilizing global markets, with ongoing meetings in Geneva signaling a willingness to reduce tensions. These exchanges are closely monitored by cryptocurrency traders, as historical shifts in US-China relations have fueled volatility in fiat and commodity markets, often spilling into crypto assets like Bitcoin. A focal point in recent discussions lies in increased regulatory scrutiny of the crypto sector, especially relating to stablecoin regulation. USDC remains stable at $1.00, boasting over $61 billion in market capitalization. Regulatory frameworks, particularly in the US and Hong Kong, are increasingly influencing market sentiment and investor confidence. The sector is also anticipating notable events, including the Circle IPO and developments in platforms like PayFi, demonstrating how quickly the industry adapts to evolving rules. While the Geneva summit did not trigger immediate trading shifts or unveil new digital asset policies, the positive rhetoric and ongoing dialogue between the US and China set a constructive tone for future policy alignment. Greater cross-border cooperation is seen as a foundation for more robust regulatory standards, reduced geopolitical uncertainty, and potentially more open markets for DeFi and other crypto innovations. Traders are advised to closely follow further bilateral updates, as substantial policy shifts or regulations could prompt notable price movements and shape long-term trends in digital assets.

Solana (SOL) is navigating a period of heightened regulatory scrutiny, particularly regarding potential ETF approval by the US SEC, which led to a 9% price drop from $176 to $160. Despite these short-term challenges, Solana displays robust resilience and ecosystem growth. Developer activity on the Solana network reached record highs in May, with over 1.4 million new tokens—mainly meme coins—launched, and strong on-chain fundamentals suggesting increasing network engagement. Major institutional investors are signaling long-term confidence. A whale investor staked over 4 million SOL (valued at nearly $621 million) using Jump Crypto’s Firedancer validator client, boosting validator rankings and showcasing validator ecosystem upgrades. Canadian firm SOL Strategies announced plans for a $1 billion Solana-focused fund, and Classover Holdings intends to raise $500 million, with 80% of the proceeds allocated to SOL acquisition. MetaMask’s integration of Solana also expands user accessibility, while Bonk introduced a win-to-earn gaming initiative, reflecting vibrant community participation. The combination of increased staking, institutional investment, developer activity, and social media buzz provides foundational support and potential price catalysts for SOL, indicating a bullish long-term outlook despite near-term regulatory headwinds.

Ethereum (ETH) and Bitcoin (BTC) remain at the forefront of the cryptocurrency market in 2025, yet diverging trends are emerging. Bitcoin reached multiple new all-time highs early in the year, asserting its market dominance, while Ethereum lagged behind and failed to surpass previous records. The ETH/BTC trading pair is a key metric for traders, serving as an indicator of relative strength and potential market rotations between leading cryptocurrencies and altcoins. While past cycles saw a rising ETH/BTC ratio spark altcoin rallies, this momentum has not yet materialized in 2025. Market experts, including Michaël van de Poppe and Dean Popplewell, provide contrasting forecasts: some project that periods of Bitcoin price consolidation could lead to renewed strength in Ethereum and altcoins, while others warn of a continued climb in Bitcoin dominance, potentially putting downward pressure on ETH and the broader altcoin market. Traders are watching the ETH/BTC level and trading volumes closely for any signs of capital rotation. External influences such as regulatory changes, macroeconomic shifts, and network upgrades are also expected to impact the landscape. The consensus among analysts is to remain diversified, monitor key dominance and volume metrics, and stay agile amid uncertainty. For now, the ETH/BTC pair continues to act as a critical gauge of altcoin appetite, with many market participants awaiting an inflection point that could redefine the balance between Ethereum, Bitcoin, and the wider altcoin market.

HyperLiquid’s yield vaults have seen a $250 million increase in total value locked (TVL) over the past two months, reflecting a surge in capital flows into decentralized finance (DeFi) platforms offering attractive yields. This rapid growth positions HyperLiquid as a rising DeFi protocol, outpacing traditional Layer 1 tokens like Ethereum (ETH) and Cardano (ADA) in recent capital inflow. Analysts link this momentum to heightened demand for secure, innovative yield opportunities in DeFi and growing confidence among both retail and institutional traders. The trend underlines the potential for ongoing expansion in DeFi, with HyperLiquid emerging as a preferred option for liquidity providers seeking higher returns at potentially lower risk. Crypto traders are advised to monitor such evolving protocols for diversified trading opportunities beyond established cryptocurrencies.

The US Department of the Treasury has imposed sanctions on a Filipino technology company, multiple individuals, and associated entities for allegedly running and facilitating large-scale cryptocurrency scams targeting US and global investors. The crackdown follows revelations of fraudulent investment platforms promising high crypto returns, with schemes mainly employing the ’pig butchering’ tactic to coerce victims into escalating investments. The Treasury and FBI emphasized these networks used digital assets and shell companies to launder illicit funds internationally. The sanctions freeze assets under US jurisdiction and prohibit transactions with all designated parties, aiming to disrupt financial support for such scams. Authorities stated that this move reflects ongoing efforts to combat the increasing use of crypto in cybercrime and to strengthen protections for both US and international traders. These measures are part of a broader global initiative to address concerns about the security of cryptocurrency markets and the risks posed by sophisticated, cross-border fraud operations.

PumpFun, a leading meme coin trading platform in the Solana ecosystem, has announced the launch of its own native token, sparking expectations of heightened speculative trading activity. This move reflects increasing innovation and competition within meme coin and DeFi platforms. Meanwhile, Ethereum (ETH) remains a dominant force in the crypto market, showcasing strong performance driven by renewed investor interest, increased on-chain activity, and anticipation for the upcoming ’Pectra’ upgrade aimed at enhancing efficiency and scalability. Separately, members of Donald Trump’s family have publicly denied owning or managing a high-profile cryptocurrency wallet previously linked to them, following widespread speculation regarding their digital asset holdings. These developments underscore three main trends: the evolving landscape of meme coin projects like PumpFun, Ethereum’s maintained leadership and network upgrades, and persistent regulatory and reputational scrutiny involving notable public figures. Crypto traders should watch PumpFun’s token for potential trading opportunities, monitor ETH’s leadership amid upcoming upgrades, and remain aware of political and regulatory risks impacting sentiment.

Bitcoin’s latest market developments highlight a surge in miner profitability, with revenues reaching a post-halving peak of $1.52 billion in May 2025. Despite average production costs rising steeply—now exceeding $91,000 per Bitcoin—miners are still profiting as prices range between $103,000 and $105,000. However, this robust miner profitability is at a turning point, as market momentum has slowed following the April 2024 halving event that reduced block rewards by half. The Miner’s Position Index (MPI) has recently turned positive, signaling that miners might be moving Bitcoin to exchanges for possible liquidation. Historically, such behavior often precedes increased market volatility or even capitulation events, especially if spot prices approach or fall below production costs. With miner profit margins narrowing and sideways price action increasing trader uncertainty, any significant miner sell-offs could trigger larger price swings and downside risk for BTC in the near-term. Crypto traders should closely monitor miner positioning and on-chain flows for early indicators of potential market shifts.

Riot Platforms, a leading Bitcoin mining company, reported a significant 139% year-over-year increase in its daily Bitcoin mining output, reflecting enhanced operational efficiency and large-scale deployment of high-performance mining rigs. The company achieved 514 BTC mined in May 2025, an 11% rise versus April, and sold nearly all mined coins, realizing $51.3 million in proceeds at an average price of $102,591 per BTC. Riot’s deployed hash rate surged by 142% year-on-year to 35.4 EH/s, accompanied by improved energy efficiency, with power usage dropping to 21.2 joules per terahash. Beyond mining, Riot has acquired 355 acres near Corsicana, Texas, to develop large data centers targeting AI and high-performance computing, signaling diversification into new sectors. Jonathan Gibbs was appointed as Chief Data Center Officer to lead this initiative. The firm’s expanding operational scale, efficiency improvements, and strategic diversification have boosted investor sentiment, reflected in a 3.4% gain in RIOT stock. This strong performance highlights Riot’s growing influence in Bitcoin mining and its ambition within the AI infrastructure space, potentially affecting Bitcoin network hash rate and broader market dynamics.

SEC Commissioner Hester Peirce has indicated growing regulatory openness to allowing in-kind redemptions for spot Bitcoin ETFs, a move strongly advocated by industry leaders like BlackRock and ARK Invest. Currently, U.S. Bitcoin ETFs operate under a cash-only redemption model, which requires issuers to sell Bitcoin to meet investor redemptions, leading to taxable events, operational friction, and potential price slippage. If approved, in-kind redemptions would allow investors to exchange ETF shares directly for physical Bitcoin, providing greater tax efficiency, reducing administrative burdens, and aligning Bitcoin ETFs more closely with traditional ETF structures. BlackRock has already filed for in-kind functionality for its iShares Bitcoin Trust. Commissioner Peirce, known for her pro-crypto stance, emphasized that this shift would better serve investor interests and enhance the overall attractiveness of Bitcoin ETFs. The crypto industry’s positive reception of these developments and the SEC’s evolving attitude could catalyze increased competition in the ETF space, drive further mainstream adoption of Bitcoin investment products, and improve market liquidity. Crypto traders should closely monitor for SEC approval, as the policy change could impact Bitcoin ETF inflows and present new trading opportunities.

Ethereum’s recent Pectra upgrade, featuring EIP-7702, was designed to enhance wallet usability and security through account abstraction, allowing wallets to temporarily function as smart contracts. While this improves user experience, the upgrade has unintentionally accelerated ’sweeper’ attacks targeting compromised wallets. Security experts report that malicious contracts, especially one named ’CrimeEnjoyor,’ have exploited stolen or leaked private keys to rapidly drain wallets, with single incidents reaching losses of $150,000. The upgrade itself is not the root cause; rather, it amplifies the speed and efficiency of attacks when private keys are compromised. Experts urge Ethereum wallet providers to boost user awareness, strengthen monitoring of smart contract interactions, and improve signing prompts. The incident highlights critical risks for Ethereum traders—especially in the aftermath of major network upgrades—underscoring the importance of robust private key protection and adaptive security practices as the protocol evolves. These developments may increase caution and volatility within the Ethereum ecosystem.

A major global shipping crisis has intensified financial uncertainty and increased volatility in traditional markets, prompting a significant shift among investors toward alternative assets like cryptocurrencies. Early reports spotlighted impressive gains by some traders and highlighted the short-term potential of tokens such as Qubetics, Bitcoin Cash, and Tron—citing active development, renewed adoption, and ecosystem growth as drivers. With the escalation of the shipping crisis, analyst focus has pivoted to the resilient long-term prospects of Qubetics, Chainlink, and SUI. These projects are gaining traction due to their technological innovation, robust fundamentals, and rising trading volume, particularly as economic turmoil historically drives capital into digital assets seen as hedges against risk. Chainlink’s decentralized oracle tech is specifically noted for its strong utility. Although precise numbers were not disclosed, momentum is reflected in elevated wallet activity and trading. For crypto traders, these developments suggest continued bullish sentiment for select cryptocurrencies, especially those with demonstrated real-world use cases and community support. The news reinforces the importance of monitoring global macro events and their influence on crypto market dynamics, as well as recognizing cryptos’ evolving role as a hedge during periods of economic instability.