Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Di COIN Act wey Senator Adam Schiff bring, e wan make e no possible for President, Vice President and dem family dem to issue, sponsor or promote any digital asset—like meme coins, NFTs and stablecoins—180 days before dem enter office and make e last for two years after dem commot. E make say dem go dey report crypto holdings and transactions every year, e treat digital assets like conflict wey mean say dem gats dey out of related decisions, and e make stablecoin issuers certify every three months say no public officer dey benefit. Government Accountability Office gats do review for federal ethics and crypto oversight and deliver am in 360 days. Di law get backing from some Democrat senators and e come cos them hear say former President Trump make $57.4 million from crypto for 2024, e dey try make crypto regulation transparent.

Trump Media and Technology Group (NASDAQ: DJT) don approve $400 million open-market share buyback, and all the shares wey dem don buy go retire. The board talk say this buyback no concern with the $2.3 billion Bitcoin reserve strategy. After the announcement, DJT shares climb pass 3.8%, show say traders get confidence. CEO Devin Nunes yarn say the company get $3 billion cash wey enough for shareholder returns and strategic crypto plans. Before now, Trump Media collect over $2 billion from about 50 institutional investors—include $100 million from DRW—to build their Bitcoin treasury, wey Crypto.com and Anchorage Digital dey hold. The company don also file to register almost 85 million shares for resale, plus dem partner with Crypto.com to file for combined Bitcoin-Ethereum ETF wey get 75% BTC/25% ETH allocation. Nobody talk when dem wan do the buyback or buy more Bitcoin.

Lawyer John Deaton talk say Ripple IPO fit reach $100 billion valuation, as e mention say Ripple get almost 40 billion XRP wey dem dey keep, each one dey around $2, plus e compare am with Circle wey IPO for $62–75 billion USDC. Even tho Ripple bosses talk say dem no get plan for 2025 IPO, some recent moves dey make people dey talk: $700 million buyback of shares, new people for corporate development and investor relations, plus dem buy Hidden Road for $1.25 billion and Metaco for $250 million. XRP don dey trade between $2 to $3 this year, e even jump small to $3 for March. Now e dey trade for $2.15 (+5.9% in 24 hours, –4.5% for seven days), futures open interest dey $3.54 billion show say traders still dey involved well. Technically, RSI dey near 32.7 (close to oversold) and bearish MACD dey fade, mean say e fit bounce back. Institution dem interest dey grow as VivoPower join hand with Flare and dem put $121 million for XRP. These tins make people still dey talk about Ripple IPO and market dey lively.

Ethereum recent jump reach $2,420 on hope say dem go stop fight don cool down as 50-day moving average golden cross no fit hold, wey make ETH drop under main support for around $2,245 and also under e 50- and 100-day EMAs. Weak volume plus dem no gree for $2,600 make people doubt if e go continue to rise. Meanwhile, Bitcoin drop under $100,000 and 100-day EMA before e sharp recovery like V-shape bring am back pass $100,000. Heavy buying pressure show say people dey accumulate, if e break above ~$106,000, e fit drive BTC go $105,000–$110,000. XRP nearly break $2.00 support but e bounce back to around $1.90 as volume rise, which mean people dey buy for lower level and e fit test $2.17–$2.23 again. Traders suppose watch ETH as e try $2,500 resistance, BTC move pass $106,000, and XRP follow-up to confirm say market wan go up.

US spot Bitcoin ETFs get $1.02 billion net inflow last week, wey BlackRock IBIT lead with $624 million, Fidelity FBTC get $318 million, ARK/21Shares get $82 million. Grayscale GBTC still dey experience small outflows. Bitcoin dey trade between $64,500 and $68,200, e rise by 3.4%. Institutional demand don sharp increase as investors dey expect more spot ETF approvals, and dem see say macro environment dey favorable. Meanwhile, Michael Saylor talk say IBIT fit pass Vanguard S&P 500 ETF (VOO) as di top fund wey get investment flows by year end. IBIT physical Bitcoin holding fit reduce supply and make competition between traditional index funds and crypto ETFs more intense till 2025.

Trump Media & Technology Group (NYSE: DJT) don confirm say dem dey dedicated to one $2.3 billion Bitcoin treasury plan wey go use di money wey come from one SPAC merger wey dem do for January 2024. Di plan wey SEC approve, get about 50 big investors wey back am, dem dey target make di average price enter reach about $30,000 per BTC, and e go support dia Truth Social and Truth.Fi platforms. At di same time, di company start one $400 million open-market share buyback to increase value for dia shareholders, dem talk clear say di stock buyback no go disturb di Bitcoin treasury plan. With about $3 billion liquidity wey dey ground, Trump Media get chance to remain flexible for future crypto and company programmes.

MAGACOIN FINANCE na be community-driven meme token with fixed supply of 170 billion and smart contracts wey HashEx don fully audit don raise pass $10 million for fast presale phase dem sell out. Analysts talk say e scarcity mechanics and asymmetric reward structure be the main drivers. Dem dey expect returns from 25× reach 100× when e go land for big exchange. Traders dey shift money from blue-chip assets like BTC, XRP and LINK go high-risk assets. Na like Solana pre-ETF surge and Ethereum golden-cross breakout, shows say institutions dey more interested and whales dey accumulate. Litecoin steady as ‘digital silver’ make people wan buy more altcoins. MAGACOIN FINANCE disciplined rollout and viral community branding don position am for explosive growth for 2025.

MicroStrategy still dey carry dey buy Bitcoin as dem dey do am serious way as dem buy 245 BTC for $26 million, the total wey dem hold now na 592,345 BTC with average cost of $70,681. The company don get 19.2% profit from their crypto treasury since the year start and dem don raise their target to make 25% profit by 2025. The money dey come from debt and equity, MicroStrategy see Bitcoin as better way to keep value and protect against inflation. Meanwhile, investors don file lawsuit worth $5.9 billion about how the company take dey do their accounting and the risk wey dey with Bitcoin. Even though market price drop inside the day below $99,000, the company still dey stick to their plan, showing say corporate demand still strong and fit help keep Bitcoin price waka.

Di semiconductor company Sequans Communications announce for June 23 say dem gather $384 million funding round to build one Bitcoin treasury weh get $195 million equity and $189 million convertible debentures. Dem go partner with Swan Bitcoin to manage am well for professional treasury. Dis move come as more than 240 companies dey hold Bitcoin inside their balance sheets—dem dey control about 4% of total BTC supply. MicroStrategy dey lead with more than 592,000 BTC, while Nakamoto Holdings raise $51.5 million and Metaplanet add 1,111 BTC to their treasuries. The Blockchain Group also dey plan one $340 million BTC reserve. Sequans CEO Georges Karam talk say dis strategy show say dem get strong belief for Bitcoin as top asset and inflation protection. Traders suppose watch di growing corporate Bitcoin treasuries as bullish sign weh go support long-term price stability, but make dem ready for short-term wahala and regulatory changes.

BlackRock spot Bitcoin ETF, IBIT, don record nine-day net inflow streak, wey make am contribute $1.26 billion for January and push year-to-date inflows to $13.7 billion. Bloomberg data show say IBIT na now rank fourth among all U.S. ETFs for 2025 inflows and fifth over three years, even though e just 18 months old. For June 17 alone, e attract $639.2 million, with weekly total of $46.9 million. Other Bitcoin ETFs like Fidelity’s FBTC and Ark’s ARKB get outflows for the same time, wey show BlackRock get the advantage. Arkham Intelligence talk say BlackRock crypto ETFs dey manage over $72 billion in assets, meaning institutional demand for regulated digital assets strong. Traders dey see the strong ETF inflows as beta sign for Bitcoin, e dey help liquidity and near-term price stability.

Dem former hedge fund executives Patrick Horsman, Joshua Kruger and Johnathan Pasch dey plan to raise $100 million through one Nasdaq-listed SPAC, wey dem go rename Build & Build Corporation soon, so dem fit acquire Binance own BNB token as dem main corporate treasury asset. Dis na di first time say public company go carry BNB for their reserves, e follow di trend wey firms dey collect Bitcoin and other crypto assets. Even though BNB Smart Chain dey run independently, because e connection with Binance plus the regulatory gbege wey follow one $4.3 billion U.S. plea deal, e limit BNB year-to-date gain to just 6.4%, wey no too well pass ADA (+40%) and TRX (+126%). Critics talk say di governance too centralized and token distribution no clear, but supporters argue say if dis SPAC acquisition succeed, e fit boost BNB tin as institution-grade asset and make demand rise for crypto markets again.

Anthony Pompliano’s ProCap BTC dey merge wit Nasdaq-listed SPAC Columbus Circle Capital Corp I to become public Bitcoin treasury company. Di deal wan raise up to $1 billion for Bitcoin acquisitions. ProCap BTC don already secure $516 million through non-voting preferred units and $235 million from zero-coupon convertible bonds from big institution supporters like Magnetar Capital, Woodline Partners, Anson Funds, and Blockchain.com. Unlike passive buy-and-hold, ProCap BTC plan to generate yield on im Bitcoin treasury through lending and crypto financial services. Dem expect say di SPAC merger go close by end of 2025, wey go mark big milestone for public Bitcoin treasury management and show say institutional investment for Bitcoin dey grow deep.

On-chain data show say Bitcoin get strong support level for $97,000, where 1.6 million addresses dey hold 1.14 million BTC at that price. Long-term holders dey gather more—30-day CDD don fall below 0.8—while short-term holders just dey get small 3% gain, wey reduce sell pressure. ETF inflows don slow down from 9,700 BTC per day for April to 3,300 BTC per day by late June, plus whale balances dey still increase. If Bitcoin fit bounce well from the $97K investor wall, e fit push am pass the $100,000 psychological barrier, but if e drop under, e fit go down more. Traders suppose dey watch price action and volume near $97K and main resistance at $110K, combine on-chain analysis with macroeconomic and technical indicators to know market direction.

Crypto exchange OKX dey prepare for US IPO through SPAC merger, after dem settle with US Department of Justice for February about AML and sanctions compliance wahala. Dem pay $50 million fine but no admit say dem do bad, this one clear big regulatory wahala. OKX don engage financial advisers to check listing options wey go target about $3 billion valuation. The IPO go raise money for product development, global expansion plus compliance setup. Traders make dem dey watch regulatory updates and possible OKX shares or SPAC unit offerings wey fit boost trading volumes and fit affect the price of dem own token OKB.

Ethereum price drop down comot di key moving averages afta four times wey e try hold dat $2,800–$2,900 range but no success, e sharp sharp drop go test $2,200 support. For di daily chart, ETH break down from one ascending channel enter one $1,900–$2,200 fair value gap, small time bounce for 200-day MA near $2,600 but e no get momentum. Di 100-day MA wey dey around $2,200 dey give small support now, but di 200-day MA rejection show say sellers full ground. RSI dey around 35, e never reach oversold yet. If Ethereum price fall below dis level, next strong support na $1,500. For 4-hour chart, ETH don dey form lower highs and lows since e lose channel support, with correction bounces around $2,100. If e drop below $2,000, e fit target $1,800. Long liquidations spike between $2,600–$2,800 make di downturn worse. Traders suppose watch if volume-backed reclaim of $2,300 happen to signal say recovery fit happen.

Crypto investor Anthony Pompliano don merge ProCap with Columbus Circle Capital for $1 billion SPAC merger, dem create Nasdaq-listed ProCap Financial (CCCM) wey value about $4 billion. Di deal secure historic $750 million capital from Wall Street institutions and global crypto investors to build big Bitcoin treasury. ProCap Financial plan use dia SPAC merger plus Bitcoin reserves to offer custody, trading, staking, and lending solutions for institutional and retail clients. After di announcement, Circle Capital shares drop 12% for after-hours trading because dilution and integration concerns. Di merger suppose close for Q3 2024, pending regulatory approval, as ProCap wan expand dia reserves, launch proprietary services and set new standards for crypto finance.

MicroStrategy don continue dey buy plenty Bitcoin tey tey by buying 245 BTC between June 16 and 22 for average price of $105,856, dem use market preferred stock dem raise money. Dis newest buy don make dem get total 592,345 BTC for their treasury, pass dem average buy price of $70,681 per coin. Dem talk say inflation and shak shaky money policy make dem dey see Bitcoin as better reserve asset. With 19.2% Bitcoin yield for 2025 so far, MicroStrategy move under Michael Saylor don make people believe say big institutions fit buy wella to hold sell pressure and make price stable. Inspired by this, Japan Metaplanet don gather 11,111 BTC, South Korea Parataxis wan set BTC treasury tool, and KindlyMD wey dey USA dey merge with Nakamoto Holdings to make their reserve strong.

Global crypto ETP dem draw $1.24 billion net inflows las week—ten tin de 10 weeks way dem dey get gains—dem don raise the whole year inflows reach record $15.1 billion. US lead with $1.25 billion new capital, but Hong Kong and Switzerland get small small outflows of $32.6 million and $7.7 million respectively. Bitcoin ETPs still top with $1.1 billion, even though spot BTC price fall from about $108,800 to $103,000. Ethereum products collect $124 million for nine weeks in a row, and altcoin ETPs like Solana and XRP log $2.78 million and $2.69 million. CoineShares report say crypto ETP inflows slow down for di second half of the week, dem talk say na because of US Juneteenth holiday and how tension dey increase about US fit join the Iran wahala. The Crypto Fear & Greed Index small drop into fear side before e come back normal. Even though e small slow down, strong institutional demand and steady crypto ETP inflows show say people dey still believe say crypto go rise, but traders need ready for small shake wey external matters fit cause.

Di Ripple vs SEC lawsuit wey dem file for December 2020, July 2023 summary judgment talk sey institutional XRP sales break security law but programmatic distributions no be so. For May 2025, both sides put one joint remedies proposal. Recent procedural steps like refiling sealing request na technical corrections. Legal experts like Bill Morgan, John Deaton, and Marc Fagel talk sey if Judge Analisa Torres no reject the joint motion—which fit cause appeals—a final decision fit land in a few weeks. If dem settle by 2025, e go end regulatory wahala about XRP, bring back investors confidence, and fit boost spot ETF approvals for XRP, SOL and DOGE.

One minting key wey dem comot for Hacken Token hack make one pawpaw fit mint and dump HAI wey worth $250,000 for Ethereum and BNB Smart Chain, e make price fall from $0.015 to $0.000056—almost 99% crash. Hacken quick take back di attacker mint privilege dem and stop all bridge transactions for both chains, still dem confirm say core infrastructure dey safe. Users dem warn say tokens wey dem buy after di exploit no go get support, and no airdrops dey plan. As response, Hacken dey redesign their cross-chain bridge and dey move HAI go regulated security token model wey go offer swap for valid balances later. This one follow di June 17 Meta Pool exploit wey mint $27 million tokens but only $132,000 cash out, show how DeFi minting and bridge risk still dey.

One crypto whale don put 4.28 million USDC put for open 25× leveraged long on Ethereum through Hyperliquid, dem grab 44,523 ETH at entry price of $2,247. This move push total leveraged long exposure pass $100 million as tensions for Middle East increase. As ETH dey trade around $2,266, the position dey show unrealized gain of about $800,000. The cross-margin trade get liquidation price of $2,196 and funding fees about $2,510, showing say risk controls tight. The same whale also move $40 million worth of ETH comot for Binance, increase im holdings to $112 million. ETH recently drop reach one-month low of $2,113 as 64% of top traders dey net short, even as staked ETH reach all-time high of 35 million. The bold leveraged bet show say e get short-term bullish confidence and fit affect market sentiment among high-net-worth traders.

Former BitMEX co-founder, Arthur Hayes, dey talk say di recent weak bodi of Bitcoin na short-term correction, wey profit-taking and wide market wahala cause am. E dey expect say di central banks, wey di Fed dey lead, go continue di quantitative easing—dem go use tools like debt buying, bank leverage rules make e soft, and supplemental leverage ratio relief—to put fresh money inside market. Hayes believe say dis go make investors wan invest for Bitcoin, wey get limited supply and dey decentralized. E talk say recent approvals of spot Bitcoin ETFs from BlackRock and Fidelity mark say dem don shift from speculation to strategic inflation hedge. Even though short-term correlation with equities high, Hayes predict renewed demand go push Bitcoin reach possible $250,000 price target. Traders suppose see di current fall as chance to buy, but make dem also watch political risks wey fit affect market feeling.

Metaplanet wey dey listed for Tokyo buy extra 1,111 BTC for $118.2 million at average price $106,408, bring their total Bitcoin holding to 11,111 BTC—pass Coinbase among corporate holders. The latest buy na full fund by $210 million bond (No. 18) to EVO Fund wey go mature on December 12, 2025. This one come after June 16 buy of 1,112 BTC for $117 million when Metaplanet first reach 10,000 BTC level. Since mid-2024, their aggressive BTC buy strategy don grow their balance sheet 28 times, bring quarter-to-date return of 107.9% and net gain of 4,367 BTC worth $451 million. Shares drop 3.5% on this news. Traders suppose notice say big demand still dey despite recent price fall, show say institutions dey gather more BTC.

On-chain analysis show say dem transfer 20,461 ETH tokens (≈$45.7M) from wallet 0xD74…11745 go Binance, wey get assets wey dem redeem for the past five months from StakeStone and Blast. This ETH transfer mean say e fit be liquidation event. Inside di funds, 9,117 ETH wey dem buy between August 2023 and February 2024 with average cost of $2,003 per token fit make around $2.09M profit for current price. This big transfer show how institutional liquidity dey move. Traders suppose dey watch whale transfers and wallet activity to sabi if ETH price go drop or know about market liquidity.

Texas Governor Greg Abbott don sign Senate Bill 21 wey create Texas Strategic Bitcoin Reserve, wey give Comptroller power to invest up to $250 million from treasury reserves for Bitcoin. The law sabi sey the fund no fit dey use anyhow for budget sweeps, e limit the holdings to assets wey get market cap pass $500 billion—wey mean say na mainly Bitcoin dem dey focus—and e require say make dem keep the Bitcoin well well with institutional custody plus dem go report public twice every year. The reserve dey aim to diversify low-yield holdings, protect from inflation, and make things dey transparent. Dem dey expect first buy for next quarter, wey show say demand for state level dey grow plus institutional adoption strong, fit help Bitcoin price increase.

On-chain data show say whale wallet 0x7e8b do plenty high-leverage BTC trade dem, suffer big liquidation but still collect quick profit. At first, 20× BTC long get liquidate, lose $16.61 million. Then trader open 20× short for 1,000 BTC at $99,616.60, get more than $1.1 million unrealized loss, before switch to another 20× short and make $112,000 profit. For recent market crash, whale’s 965 BTC and 12,024 ETH longs liquidate, cost am over $3.5 million. Shortly after, whale open 40× BTC long again, now dey show about $1.06 million unrealized gains. Dis moves show the high risk and reward for high-leverage trading, how liquidation cascade fit increase market wahala, and why strict risk management dey important. Traders suppose watch whale leverage changes for signals of sharp rebound or more volatility.

Ethereum whales don double dia buy-the-dip mindset, add over $263 million worth ETH as price drop 12.8% after US and Iran tension. For June 21, wallets wey get more than 10,000 ETH gather extra 116,000 ETH, one whale alone buy 9,400 ETH (≈$39 million). But blockchain tracker Whale Alert signal say 129,392 ETH (≈$313 million) move from inactive wallet go Coinbase—na im first serious outflow since November 2022—this happen as ETH drop under $2,500, $2,450 and main $2,362 supports. TradingView technical side show momentum dey weak for inside Ichimoku Cloud and bullish trendline break, mean say fit fall reach $2,151, $1,954 and $1,750. As dem publish, ETH dey trade near $2,290, down 5.5% for 24 hours and 10% for one week. Traders suppose dey watch support at $2,151 and resistance at $2,735, manage risk because political wahala dey and dey monitor exchange inflows for more signs of sell pressure.

XRP dey trade around $2 support level since January, e still strong becos partnership like USDC integration and plans for EVM sidechain. But the kain tension wey dey Middle East cause sharp sell-off, make XRP drop to $1.93. US airstrikes for Iran nuclear sites plus threats to shut Strait of Hormuz push Brent crude near $100 per barrel, make crypto markets get risk-off feeling. As oil price dey go high and geopolitical risks dey increase, traders dey face more volatility. Make you watch as e fit recover pass $2.30 resistance and check oil price trends for possible XRP bounce back.

XRP don drop like over 8% inside 24 hours, e fall pass di $2 support level and break di important $2.07 zone. Di big crypto market cap don also drop near 5%, Bitcoin sef fall 4% and Ethereum waka down 10%. Short-term charts no dey show any bullish reversal signals, plus di rising BTC dominance and global economic tension fit keep XRP under pressure. But crypto strategist Steph Is Crypto talk say e get potential bear trap for di monthly XRP/USD chart: after multiple dips under $2, XRP sharply reverse from lower trendline—just like di 2017 setup wey come before di 2018 climb to $3.84. Current price around $2.13 dey show breakout phase, wit bullish projection wey fit range from $15 to $35. Traders suppose dey watch di $1.92–$1.95 support zone and monitor price momentum plus volume to confirm say di uptrend go last.