Donald Trump publicly criticized Federal Reserve Chair Jerome Powell, calling him a "numbskull" for not cutting interest rates. Trump claims that the lack of a 2% rate cut is costing the US $600 billion annually in short-term debt payments. The Federal Open Market Committee (FOMC) decided in May to maintain the federal funds rate at 4.25-4.5%. Trump stated that he isn't planning on firing Powell, despite disagreeing with the Fed's current monetary policy. He argued that there's no inflation preventing rate cuts, even though inflation rose by 2.4% in May. Powell met with Trump last month, but the Fed clarified that they did not discuss interest rate expectations during their meeting, reiterating that rate decisions would be based on economic data and non-political analysis.

Dogecoin (DOGE) is currently in a downtrend and facing a crucial moment that will determine its short-term direction. Analysts are observing a potential double bottom pattern forming near $0.13, which could signal a reversal of the bearish trend. The coin is currently testing support around $0.17. A break below this level could lead to further declines towards $0.13, while a move above $0.20 could indicate a recovery. Trading volume has increased significantly, suggesting heightened investor interest as Dogecoin approaches this critical support level. The immediate future of Dogecoin depends on whether it can hold the $0.17 support or break above the $0.20 resistance.

Polkadot is considering creating a Bitcoin reserve to stabilize its ecosystem amidst a decline in the value of its DOT token. The proposal involves converting 500,000 DOT, worth about $2 million, into tBTC, a wrapped version of Bitcoin. This conversion will be done gradually over a year using a dollar-cost averaging strategy. Before the conversion, the DOT will be staked to generate returns. The goal is to diversify the treasury's assets, reduce exposure to market volatility, and create new opportunities for decentralized finance (DeFi) within the Polkadot network. This move comes as DOT's price has fallen to its lowest level since October 2023, both in USD and Bitcoin terms.

PEPE coin is currently trading around $0.00001223, with investors watching for a potential breakout to $0.0003. Large investors, referred to as whales, have significantly increased their accumulation of PEPE, suggesting they anticipate a price increase. The derivatives market shows strong activity, with high trading volumes and a positive funding rate, indicating bullish sentiment. Despite some volatility and liquidations, the price has remained above key support levels. Technical indicators show that although the MACD is bullish, momentum is slowing down. The short-term support level is at $0.00001200, and the resistance level is at $0.00001226. A breakout past this resistance could lead to further price increases.

Bonk Arena is a new online game built on the Solana blockchain where players compete in a top-down shooter format. To participate, players must pay an entry fee in the BONK cryptocurrency. By eliminating other players in the arena, participants earn more BONK tokens. The game emphasizes skill-based earning rather than passive income, requiring active gameplay and strategic decision-making to succeed. It is developed by Ready Cults and utilizes their 'Kill-to-Earn' engine.

The crypto market experienced a significant crash, wiping out $221 billion, amidst the escalating Israel-Iran conflict which also impacted global stock markets and oil prices. Despite this downturn, three altcoins are being watched for potential rebounds. Hyperliquid (HYPE) is currently trading at $44.02 and is close to its all-time high, with analysts suggesting it could bounce off its $39.02 support and potentially reach $50.00. SPX6900 (SPX) has fallen 15.5% to $1.36 and is heading towards its $1.20 support, but analysts believe it may recover and reach a new all-time high. Immutable (IMX) is trending downwards, 21% away from its all-time low of $0.34, with potential for a bounce if market conditions improve or investor demand increases.

The U.S. Securities and Exchange Commission (SEC) is expected to make decisions on several spot crypto exchange-traded funds (ETFs) in the second half of 2025. Bloomberg analysts have assessed the approval odds for these ETFs, with Solana and Litecoin ETFs having the highest chances at 90%. Other cryptocurrencies like XRP have an 85% chance, while Dogecoin has an 80% chance. Cardano and Polkadot are estimated at 75%. Several firms like Grayscale, VanEck, and Bitwise have filed applications for these ETFs. The SEC has delayed decisions on Polkadot and Hedera ETFs, extending their review periods to November 2025. Experts suggest multi-coin ETFs tracking crypto indexes may be the first to be approved, potentially leading to an "Alt Coin ETF Summer."

Crypto wallets are evolving to be more user-friendly by integrating artificial intelligence and supporting multiple blockchains. These updated wallets aim to simplify the crypto experience by offering features like AI-powered recommendations for transactions, scam detection, and automated categorization of crypto activities. The new wallets also eliminate the need to switch between different apps for different blockchains like Ethereum, Solana, and Avalanche, providing a single platform to manage various crypto assets. These changes are designed to make crypto more accessible to a wider audience, including businesses and institutions, by improving security and ease of use.

The cryptocurrency ATOM dropped 9.25%, falling from $4.43 to $4.02, due to market-wide sell-offs triggered by rising tensions in the Middle East, specifically after bombing in Iran. ATOM found support around $4.04 and stabilized near $4.08. Trading volume peaked at 73,628 during the 14:00 candle, signaling strong buyer interest and establishing a new support zone between $4.08 and $4.09, suggesting a potential short-term bottom. Bitcoin, unlike ATOM, has seen an increase in market capitalization.

DeFi Development Corp. has secured a $5 billion equity line to increase its holdings of Solana (SOL). This agreement with RK Capital Management allows the company to issue shares gradually, providing flexibility in volatile markets and aiming to avoid price slippage. The goal is to increase the SOL per share and validator yield, tying shareholder value to the company's Solana treasury. Proceeds from the share issuance will be used to purchase more SOL and enhance the SPS (SOL Per Share) metric. This move comes after a previous $1 billion plan was paused due to SEC delays, with the larger $5 billion structure demonstrating the company's commitment to Solana. Despite this positive development, Solana's price has recently declined by approximately 7%, although its trading volume has increased by about 64%, indicating heightened market interest. The company is aiming to connect shareholder performance directly to Solana treasury growth.

Steve Hanke, an economics professor at Johns Hopkins University, predicts a US recession by the end of the year. He attributes this to 'regime uncertainty' caused by inconsistent tariff policies and an increasing fiscal deficit, which is aggravated by the current budget. Hanke criticizes the Federal Reserve's focus on interest rates, arguing they should instead prioritize controlling the money supply's growth to fuel economic expansion. The OECD also projects a slowdown in US GDP growth from 2.8% to 1.5% by 2026. Hanke suggests the Federal Reserve will cut interest rates aggressively, possibly between 50 to 150 basis points as early as September, due to a weakening labor market, but he maintains that focusing on money supply growth is more critical for avoiding recession.

SharpLink Gaming (SBET), a public company shifting its focus to Ethereum, announced it acquired 176,271 ETH for approximately $463 million, making it the largest public holder of ETH. The company used $79 million from its $1 billion stock share facility to partially fund the purchase. This announcement followed a regulatory filing that could allow investors from a previous private placement to sell shares, causing a 70% drop in stock price after hours. SharpLink previously raised $450 million in a private round to buy ETH, with Ethereum co-founder Joseph Lubin joining as board chairman. While the company's shares initially surged 4,300% following its crypto strategy announcement in May, they have since fallen significantly, currently down 66% on Friday despite still trading 500% higher than before the pivot.

Large Solana holders, often referred to as whales, have moved a substantial amount of Solana tokens valued at $628 million. This large transfer has caused heightened activity and observation within the Solana market, as large movements can sometimes signal shifts in investment strategies or market sentiment.

Charles Hoskinson, the founder of Cardano, proposed creating a $1 billion decentralized sovereign wealth fund for the Cardano network. The plan involves converting $100 million worth of ADA, the Cardano cryptocurrency, into a mix of stablecoins and Bitcoin to improve liquidity and support Bitcoin-based decentralized finance. This conversion would be executed gradually to minimize market disruption. The fund would be managed professionally by an elected board within a cybernetic organization, with profits reinvested to buy ADA and grow the fund. The goal is to diversify the treasury's assets beyond ADA and potentially incorporate other cryptocurrencies like Bitcoin and XRP as revenue streams. The proposal will be discussed at the Rare Evo conference in August, with governance methods like quadratic voting being considered.

Ethereum experienced a price drop due to geopolitical tensions between Israel and Iran, causing a general market downturn. Ethereum struggled to break past the $3,000 resistance level and then retraced. An analyst suggests that Ethereum's performance against Bitcoin is a key indicator, watching a support level within an ascending triangle pattern, which could signal a potential upward movement if the support holds. Ethereum is currently at a critical point, where holding its current level could lead to renewed bullish momentum, while failing to do so may cause further price declines. Ethereum had previously shown strong performance, increasing significantly from its lows in April, leading some to believe it could trigger a broader altcoin market rally. The recent price drop saw Ethereum break below several key moving averages, signaling potential further downside unless it quickly reclaims the $2,600-$2,620 area.

Solana (SOL) is currently trading around $147, significantly below its all-time high of $294 reached in December, having experienced a 60% drop in price. Despite this, a crypto analyst, @AltcoinGordon, predicts a "violent" breakout for SOL, suggesting it will reach $400, following Bitcoin's recent all-time high. SOL's recent price action has been largely stagnant, with short-lived rallies failing to sustain momentum. However, the total value locked (TVL) in the Solana ecosystem is approaching $10 billion, indicating strong on-chain activity and suggesting a potential bullish resurgence for SOL.

The global oil market experienced turmoil following Israeli military actions against Iran, causing crude oil prices to jump 8% to $74 a barrel. This surge raised concerns about inflation and potential supply disruptions, particularly regarding Iran's oil exports, which were already declining to 1.7 million barrels a day in May. The situation threatens the Strait of Hormuz, a vital route for global oil and gas shipments. To stabilize the market, OPEC plans to increase oil production by 960,000 barrels per day by the end of June, with potential increases up to 2.2 million barrels daily depending on the severity of export system damage. Disruption of the Strait of Hormuz could send oil prices past $130 per barrel, potentially adding 1.7 percentage points to the US inflation rate, currently at 2.4%. A planned US-Iran nuclear negotiation has collapsed, and Iran has threatened retaliation for the Israeli strikes. The IAEA Board of Governors also declared Iran in violation of its nuclear safeguards.

The Uniswap token (UNI) has decreased by 6.36% in the last 24 hours, reaching a price of $7.3864. This drop follows a brief recovery from an earlier crash where the token fell to $6.82 and then rebounded by 9.5% to over $8.40. The decline is attributed to renewed geopolitical tensions, specifically a warning issued by former President Trump to Iran, which has increased anxiety in risk markets including crypto. UNI is currently consolidating around $7.38, with traders watching the $7.26 support level. Technical analysis indicates that UNI previously crashed 12.5% on high volume before showing a V-shaped recovery. Resistance is now near $7.50.

XRP is showing signs of a potential breakout, with technical analysis drawing comparisons to its 2017 surge. XRP has been trading between $0.20 and $0.60 since 2018 and is currently priced at approximately $2.14. Some analysts believe its current consolidation phase mirrors the setup before its 2017 rally, when it jumped from under $0.30 to over $3.30. While Ripple's partnerships and increasing real-world applications are positive, recent data shows $37.2 million in outflows from XRP, ending a long inflow streak. Trading volume has increased by 18% in the past week, and open interest in XRP futures is at $1.5 billion, suggesting traders are anticipating a move. Regulatory uncertainties and broader market conditions will also play a role in XRP's future performance.

SharpLink Gaming acquired over 176,000 ETH for $463 million, making them the first Nasdaq-listed firm with an Ethereum-focused treasury strategy and one of the largest public holders of ETH behind only the Ethereum Foundation. They invested at an average price of $2,626 per ETH and have staked over 95% of their holdings to earn additional yield and support the network. Despite this significant investment in Ethereum, SharpLink's stock price dropped by approximately 67% on June 13, trading around $10.87. The stock decline is attributed to market concerns about shareholder dilution following a recent private placement. The company clarified that a filed S-3 registration was a standard procedure for registering shares for potential resale after a private investment.

Cardano's founder, Charles Hoskinson, believes Cardano poses the biggest threat to Bitcoin's dominance. He says Cardano has consistently followed decentralization and sound monetary principles over the last seven years, addressing limitations in Bitcoin's technology. Hoskinson highlights Cardano's advancements like the Extended UTXO model and Plutus programming language, stating they've realized innovations the Bitcoin community discussed but didn't implement. He also notes Cardano has operated for seven years without downtime, hacks, or major failures. While acknowledging Bitcoin's increasing institutional support from entities like BlackRock, which owns over 600,000 Bitcoins, and the U.S. government, Hoskinson projects Bitcoin could reach between $250,000 and $500,000 in two years and potentially $1 million by the end of the decade due to Fortune 500 adoption.

The Securities and Exchange Commission (SEC) has appointed Brian Daly as Director of the Division of Investment Management, starting July 8, and Kurt Hohl as Chief Accountant, starting July 7. Daly's background includes advising hedge funds and asset managers, suggesting a more industry-aware approach to crypto regulation. Hohl, a former Ernst & Young partner, will focus on strengthening financial reporting standards, especially for crypto companies seeking to go public. These appointments follow Paul Atkins becoming Chairman of the SEC in April. Under Atkins, the SEC has withdrawn or delayed lawsuits against crypto firms like Coinbase and Cumberland DRW, closed an investigation into Uniswap Labs without action, ended an investigation into CyberKongz without any action, and decided not to pursue further legal action against Richard Schueler (Richard Heart).

The crypto exchange Bitget has begun allowing Syrian citizens to register and use its platform. This follows the recent easing of US sanctions against Syria by the Office of Foreign Assets Control (OFAC). Syrians can now access services like P2P trading, yield-generating products, and spot and futures markets on Bitget. Bitget aims to provide crypto access in regions with unstable economies. Meanwhile, the Syrian Center for Economic Research is considering legalizing Bitcoin to help the country's economy, which has shrunk by over 60% since 2010. In related news, Bitget and Bybit are reportedly reducing their operations in Singapore due to regulatory pressures.

Apple has regained the top position in the Chinese smartphone market in May, driven by a 15% year-over-year increase in global iPhone shipments during April and May. This growth is attributed to renewed momentum in both the U.S. and China, with Apple utilizing price discounts of up to 2,530 yuan (approximately $351) on its iPhone 16 series in China to compete with local brands. Simultaneously, Apple is shifting its production ecosystem, with Foxconn exporting $3.2 billion worth of India-made iPhones between March and May, primarily to the U.S. India-made iPhones could account for 30% of global shipments by the end of 2025. However, Apple's performance remains heavily reliant on the U.S. and China, and the company faces scrutiny regarding its ties to India's manufacturing sector and its partnership with Alibaba for AI integration in China.

Trident Digital Tech Holdings Ltd, a company listed on NASDAQ, announced plans to raise $500 million to create a treasury reserve specifically for XRP tokens. The company intends to use the funds to purchase XRP as a long-term investment and actively participate in the Ripple ecosystem. Trident Digital aims to integrate digital assets into its treasury management and foster the adoption of decentralized finance. They've appointed Chaince Securities LLC as a strategic advisor for this endeavor. Other companies, including VivoPower International, have also expressed interest in adding XRP to their treasury reserves. Following the announcement, the price of XRP experienced a slight increase, reaching approximately $2.25.

Amidst the Iran-Israel conflict, three US crypto stocks are showing varied performance. Circle's stock (CRCL) has increased over 250% since its IPO, with its USDC stablecoin now on the XRP Ledger. The stock is approaching resistance at $118.95. Galaxy Digital's stock (GLXY) has decreased by over 21% since its Nasdaq debut, even though its CEO remains optimistic about Bitcoin's future. GLXY is nearing a support zone. Riot Platforms' stock (RIOT) has fallen over 9% in the last 24 hours as Bitcoin has also declined. Riot is expanding into AI and cloud data centers while also reducing its stake in Bitfarms. RIOT's stock could rebound toward resistance at $10.86 if market sentiment recovers.

The U.S. Senate is nearing a final vote on the GENIUS Act, legislation designed to regulate dollar-backed stablecoins. These stablecoins, now exceeding $190 billion in circulation, are digital versions of the dollar used for fast, low-cost transactions globally and in regions with unstable currencies. The GENIUS Act aims to provide clear guidelines for stablecoin issuers, including reserve requirements, audits, and redemption rights, without hindering innovation. Proponents argue that passing the GENIUS Act is crucial for maintaining the U.S. dollar's global dominance as other countries develop alternative digital currencies. The legislation has bipartisan support, with Republicans favoring free-market innovation and Democrats emphasizing consumer protection. Failure to pass the act could lead to stablecoin activity and innovation moving to other countries like the EU, Singapore and the UAE who are actively creating stablecoin frameworks.

Amazon and Walmart are reportedly considering launching their own stablecoins pegged to the US dollar, which could lead to cheaper and faster transactions, potentially saving the companies millions in fees. The launch of these stablecoins hinges on the passage of the GENIUS Act, a bill aimed at regulating the stablecoin market with anti-money laundering rules. A final vote on the GENIUS Act is scheduled for June 17, 2025. In contrast to Amazon and Walmart's plans for proprietary stablecoins, Shopify is exploring integrating existing stablecoins, having recently enabled early access for USDC payments through a partnership with Stripe and Coinbase.

Walmart and Amazon are considering creating their own stablecoins, which are digital tokens pegged to the US dollar. This move is driven by the potential to reduce merchant fees, which can be as high as 1-3% per credit card transaction. By using stablecoins, these companies could save billions of dollars annually and speed up payment settlements, which currently take 1-3 business days with traditional card payments. The companies are considering either creating their own private coins or partnering with existing stablecoin providers. The launch of these stablecoins is contingent upon the progress of the GENIUS Act, which aims to establish a regulatory framework for stablecoins in the United States.

SharpLink Gaming, a company listed on the Nasdaq stock exchange, has purchased 176,270.69 Ether (ETH) for approximately $462.95 million, making them the largest public holder of ETH, second only to the Ethereum Foundation. This move establishes ETH as SharpLink's primary treasury reserve asset, making them the first Nasdaq-listed company to do so. The funds for the ETH acquisition were partially raised through a $1 billion at-the-market equity program, with about $79 million raised between May 30 and June 12, 2025. SharpLink is staking over 95% of its ETH holdings to earn passive income. Following the announcement, SharpLink's stock price decreased by 73%, possibly due to investor confusion over an unrelated SEC filing.

JPMorgan reports that a more favorable regulatory environment in the U.S., particularly due to progress on the GENIUS Act related to stablecoin regulation, is encouraging increased corporate activity in the crypto sector. This includes more crypto companies exploring initial public offerings (IPOs), with the number of IPOs this year matching the pace of the 2021 bull market. Companies like Ripple, Kraken, Consensys, and Bullish are reportedly preparing to go public. Venture capital funding for crypto firms is also increasing, surpassing the annual rate seen in 2023 and 2024. IPOs allow investors to broaden their crypto investments beyond Bitcoin and Ether into areas like blockchain infrastructure and tokenization.

A Bitcoin trader known as Mags suggests a strategy for buying and selling Bitcoin based on the cryptocurrency's halving cycles. Mags advises buying Bitcoin approximately 500 days before a halving event and then selling it about 500 days after. Historical data indicates that Bitcoin's price tends to be near its cycle low around 500 days before a halving and approaches its cycle high roughly 500 days after. Applying this strategy to past halvings shows it accurately pinpointed prices near cycle bottoms and tops. The trader expects that 500 days after the most recent halving which occurred in April 2024, Bitcoin's price could reach new highs around September 2025. This timeline aligns with projections from other analysts, some of whom anticipate Bitcoin reaching a top of around $150,000 in the same period. Mags' chart suggests a price of around $160,000, requiring a 52% increase from Bitcoin's current price of around $104,745.

Cryptocurrency markets are experiencing increased volatility due to geopolitical tensions, specifically strikes on Iran. Avalanche (AVAX) has seen a significant drop, falling 13% in value. Trading volume for AVAX is high. Although the price decreased to around $18.57, buyers appear to be providing support in the $18.57-$18.70 range, suggesting a possible stabilization. The CoinDesk 20 index, which tracks the top 20 cryptocurrencies, is down 6.2% overall in the last 24 hours. AVAX recovered slightly in the last hour, showing a small gain of 0.45% to $19.13, with strong buying activity pushing the price towards $19.26.

Bitcoin experienced a 4% drop, falling to $103,100, which correlated with a decrease in the Crypto Fear & Greed Index. Despite the price dip, more than half of surveyed investors expressed interest in buying Bitcoin. There's roughly $3 billion worth of Bitcoin options contracts expiring soon, potentially influencing further price movements. On-chain data indicates that large Bitcoin holders, or whales, added to their positions during a price surge earlier in the week, with their average entry price being around $64,000. However, a divergence between Bitcoin's price and Binance's Open Interest suggests weakening participation in the futures market. A significant amount of stablecoins, over $750 million, were withdrawn, signaling potential de-risking behavior. Additionally, there was a spike in negative net taker volume, indicating traders were selling Bitcoin at market prices. A military strike also contributed to sell-offs across global risk assets, impacting crypto markets.

Galaxy Digital CEO Mike Novogratz believes Bitcoin could reach $1 million per coin if institutional investment continues. Bitcoin's price recently peaked at $110,290, settling at $104,300 by Thursday, still up 1.75% for the week. Novogratz points to institutions shifting capital from dollars and gold into cryptocurrency, fueled by easier access via ETFs like BlackRock's iShares Bitcoin Trust (IBIT), which manages $11.6 trillion in assets. Corporate interest is growing, with companies like Metaplanet and Trump Media adding Bitcoin to their balance sheets, reducing the available supply. Novogratz suggests Bitcoin's limited 21 million coin supply will appeal to younger investors more than gold, which has a larger market cap and an increasing supply through mining. Challenges remain, including regulatory uncertainty and Bitcoin's price volatility, but Novogratz anticipates Bitcoin will eventually match and surpass gold's market cap.

An Australian financial advisor, Glenda Maree Rogan, has been banned for 10 years by the Australian Securities and Investments Commission (ASIC) for moving A$14.8 million (US$9.6 million) of client funds into a crypto platform that ASIC had already flagged as high-risk and unlicensed. Between May 2014 and February 2024, Rogan pitched a high-yield investment account and transferred client money, including funds from family and friends, through her personal and company accounts before converting much of it to crypto and sending it to Financial Centre. ASIC believes this was likely a scam, and investors have lost their money. The ban, which starts June 6, 2025, prevents Rogan from providing or controlling financial services. This action is part of a larger effort by Australian regulators to crack down on unregulated crypto operations, with new rules for crypto ATMs and increased scrutiny of remittance firms and exchanges. Investors are urged to check ASICs register and be cautious of high-return promises, especially in crypto investments.

Solana (SOL) is potentially facing a price drop as the amount of SOL held on exchanges has reached a 14-day high, suggesting investors are preparing to sell. This increase in exchange balances coincides with a general downturn in the crypto market. A negative funding rate for Solana futures, currently at -0.0006%, further indicates increased selling pressure. If this pressure continues, SOL's price could fall below $142.59, potentially reaching $123.49. Conversely, if buyers gain control, the price could rebound to $171.88.

XRP has fallen approximately 6%, trading around $2.13 after dipping to a low of $2.09, failing to maintain bullish momentum after not breaking the $2.32-$2.35 resistance zone. This drop places XRP below short-term exponential moving averages, increasing the risk of further decline. While slightly better-than-expected U.S. inflation data didn't help XRP, geopolitical tensions, specifically an Israeli airstrike in Iran, negatively impacted the crypto market. XRP's price is nearing a breakdown from a months-long triangle pattern with potential support at $2.09-$2.11. A break below this level could lead to further drops, possibly to the $1.94-$1.79 range. The ongoing SEC lawsuit against Ripple continues to add uncertainty and weigh on investor confidence. A push above $2.35 could lead to potential targets near $2.44 and $2.60. Traders should monitor the $2.09 support zone closely because a breach could send the price below $2.

Walmart and Amazon are considering launching their own stablecoins, digital currencies pegged to the US dollar, to potentially save up to $14 billion annually in credit card processing fees. This move coincides with the US Senate's nearing vote on the GENIUS Act on June 17th, which aims to establish a regulatory framework for stablecoins. The GENIUS Act proposes that stablecoins be fully backed by cash or short-term US Treasury bonds, ensuring consumer protection and stability. If the GENIUS Act passes, it would pave the way for these retail giants to issue their own digital currencies under federal regulation, potentially leading to widespread stablecoin adoption in e-commerce and supply chain payments. Other payment providers and major US banks are also exploring stablecoins, attracted by the potential for real-time settlements and cost reductions.

SharpLink Gaming, a sports betting firm, has become the largest publicly traded holder of Ethereum (ETH) after purchasing 176,271 ETH for $463 million. The company is staking over 95% of its ETH holdings to generate yield and support the Ethereum network. SharpLink funded the purchase through private placement and equity sales, raising $79 million since May 30 with an average purchase price of $2,626 per ETH. Following the announcement, SharpLink's stock experienced significant volatility, including a sharp drop due to initial confusion over an SEC filing. Ethereum's current price is around $2,523, showing cautious momentum with potential for both upside and downside movements depending on key support and resistance levels.

Ethereum's price is dropping, mirroring Bitcoin's recent decline, and is facing resistance around $2800. The drop is partly attributed to geopolitical tensions which caused market liquidations. Ethereum is currently trying to maintain support above $2400. The price is fluctuating within a parallel channel, with its Relative Strength Index (RSI) showing potential weakness. The rise of Bitcoin dominance suggests that altcoins, including Ethereum, may not experience a significant surge or "Altseason" in the near term. An Altseason is less likely as Bitcoin's dominance grows, but could occur if Bitcoin dominance drops below 55%.

The cryptocurrency TON experienced a significant drop of 8% in value over a 24-hour period, falling from $3.20 to $2.93. This decline coincided with reports of Israeli strikes against Iranian facilities. Trading volume surged, establishing resistance around $3.09 and support near $2.94. After the initial drop, the price stabilized between $2.95 and $2.99 and showed signs of recovery, climbing slightly from $2.95 to $2.96 with strong buying interest emerging around that level.

SwC Poker is hosting the Bitcoin Series of Poker (BSOP) from June 20 to July 13, 2025. The series includes 114 events over 24 days, featuring a total guaranteed prize pool of 2.5 BTC (2,500,000 BTC units). Buy-ins range from 100 BTC to 5,000 BTC, and the schedule includes 36 non-NL Hold'em events. The Main Event on July 13 has a guaranteed prize pool of 150,000 BTC. The series features rake-free satellites, two leaderboards (one for all events and one specifically for non-NL Hold'em games), and a Leaderboard Pools competition. Prizes are awarded for top leaderboard positions, including BTC and tournament tickets. This BSOP aims to reward consistent performance, offering a diverse range of poker formats and variants.

The article discusses the contrasting approaches to and adoption rates of cryptocurrency in Israel and Iran. It highlights that while both countries face unique geopolitical and economic pressures, their engagement with digital currencies differs significantly. The article focuses on adoption and use rather than direct financial impact, suggesting Israel has a more open and integrated approach within its existing financial system, while Iran uses crypto to bypass economic sanctions.

Nvidia's CEO Jensen Huang stated that the company is excluding revenue from China in its financial forecasts due to US export restrictions on advanced AI chips. These restrictions are projected to cost Nvidia $2.5 billion in sales in Q1 2025 and $8 billion in Q2 2025. Any future sales to China would be considered a positive surprise. The Trump administration's tariffs are being criticized by Huang, who believes they are not achieving their intended goals. DA Davidson Analyst Gil Luria suggests that failure to resume sales in China could negatively impact expectations for 2026. Nvidia is exploring limited options for the Chinese market but is effectively shut out of its $50 billion data center market until a new product design is approved. Nvidia reported $4.6 billion in Q1 revenue from sales of H20 chips before the restrictions took effect, with China accounting for 12.5% of Nvidia's overall revenue. While the US may consider easing restrictions on microchips critical to manufacturing, limitations on high-end AI chips are likely to remain. Nvidia is also expanding its presence in Europe by building a cloud computing platform in Germany.

Brazilian fintech company Meliuz (CASH3) is planning to raise R180.08 million (approximately $32.4 million) through an equity offering specifically to purchase Bitcoin. The offering is priced at R7.06 ($1.27) per share, which is about 5% lower than the closing price on Thursday. As a result, the company's stock has already decreased by over 5% in trading today. BTG Pactual acted as the book-runner for the deal. Earlier this year Meliuz announced intentions to raise $78 million to become the first Bitcoin treasury company in Brazil. Meliuz reports having 41 million users and a market capitalization of R647.08M ($116.5M).

Bitcoin is expected to continue its upward trend through the second half of 2025, driven by improving economic conditions and increasing adoption by companies, according to a Coinbase report. Bitcoin pioneer Max Keiser believes that as fiat currencies collapse, all money will flow into Bitcoin. The US dollar index is currently falling, reaching levels last seen in 2022, influenced by factors like potential changes in Federal Reserve leadership, US-China trade uncertainties, and geopolitical tensions such as the Israel-Iran conflict which could impact oil prices and inflation. Bitcoin ETFs experienced $85 million in inflows, marking four consecutive days of positive movement. The SEC has reversed some crypto proposals. One company, Trident Digital Tech Holdings, plans to raise $500 million to acquire XRP tokens. Ethereum experienced a significant drop, falling over 10% due to geopolitical tensions. XRP saw a panic sell-off of $256 million, with 116.72 million XRP sold in 24 hours. Aerodrome Finance surged 35% after Coinbase integrated Base chain DEX services.

Amidst recent declines in the crypto market, data indicates that large crypto holders, often called whales, are making significant moves in various altcoins. Shiba Inu (SHIB) saw a large spike in whale transactions, potentially signaling the start of a price rally. Ankr (ANKR) and LCX also experienced increased whale activity that could lead to price recoveries. On the other hand, some cryptocurrencies like SPX6900, Compound (COMP), and UMA are showing signs of whales selling off their holdings. These sales could suggest that these assets have reached a price peak and may experience a downturn soon.

Ripple has officially integrated Circle's USDC stablecoin directly onto the XRP Ledger (XRPL) mainnet. This integration means USDC is now natively available on the XRPL network, which is maintained by a global community. The integration aims to increase liquidity on the XRP Ledger and make cross-border payments, remittances, and DeFi applications easier. USDC currently holds about 25% of the total stablecoin market share, making it second to Tether's USDT.

A Coinbase analyst suggests Bitcoin and the broader crypto market are set to increase in value during the latter half of 2025, driven by a more stable US economic outlook. The analyst believes the worst of the economic disruption related to tariffs is over and anticipates government policies will support market growth. However, the analyst cautions that a potential increase in US Treasury yields, particularly in longer-term bonds, could negatively impact markets by raising borrowing costs and triggering volatility in equities and credit. This scenario could favor Bitcoin as a store of value over other cryptocurrencies.

Michael Egorov, the founder of Curve Finance, has launched a new DeFi project called Yield Basis aimed at reducing impermanent loss. The protocol employs 2x leverage, often using Curve's crvUSD, to maintain positions closer to market prices. Yield Basis also tokenizes liquidity positions into yield-bearing assets, such as ybBTC and ybETH, which can be staked for extra rewards. The project has secured $5 million in funding at a $50 million valuation and is currently undergoing testing and audits before its official launch. The project's token, YB, has a vesting schedule that includes a six-month cliff and then a two-year linear release.

Amazon and Walmart are considering launching their own US dollar-backed stablecoins, but their decision hinges on the progress of the GENIUS Act, a piece of legislation that would regulate stablecoins. This move could potentially shift billions of dollars away from the traditional financial system. Other financial institutions like Citigroup, JPMorgan Chase, Wells Fargo, and Bank of America are also exploring a joint stablecoin program. The GENIUS Act, currently awaiting a Senate vote on July 17, is projected to expand the U.S. stablecoin market to $2 trillion by 2028. U.S. Treasury Secretary Scott Bessent believes that stablecoins backed by U.S. T-bills or treasuries will increase the usage of the U.S. dollar. Recently, Shopify partnered with Stripe to allow merchants in 34 countries to receive payments in USDC, a US dollar-backed stablecoin, allowing shoppers to pay with crypto wallets. Over the past two years, more than $94 billion in stablecoin payments have been made, with monthly volume increasing from under $2 billion to over $6.3 billion.

The Pi Coin price has significantly decreased, dropping 12% to $0.5525, influenced in part by geopolitical events. Overall, the coin has fallen 16% in two weeks and 53% over the past month, marking an 81.5% decline from its late February high. A major issue is that many users still can't access their Pi tokens despite completing the required KYC (Know Your Customer) verification process, leading to a lack of confidence in the coin. This, coupled with the absence of listings on major cryptocurrency exchanges like Binance and Coinbase, is hindering price growth. There are also concerns about a potential supply squeeze due to a large Pi holder withdrawing millions of tokens from exchanges. The coin's trading volume is low, suggesting a lack of interest. While a rebound is possible, a further drop below $0.50 is predicted. Alternatively, the article suggests looking into Bitcoin Hyper (HYPER), a layer-two project, which has raised $1.1 million in its presale. It aims to improve Bitcoin's scalability and speed by allowing users to lock up their BTC and use an equivalent amount of Bitcoin Hyper-based BTC for DeFi applications. The HYPER token is currently priced at $0.011875.

Charles Hoskinson has provided an update on the development of a sovereign wealth fund for the Cardano blockchain. The fund's goal is to support development and innovation within the Cardano ecosystem. No specific details regarding the fund's size, management structure, or investment strategy were disclosed in the update. The initiative aims to provide long-term financial resources for projects and initiatives within the Cardano community, potentially influencing the future growth and stability of the Cardano blockchain.

The Polkadot community is currently debating a proposal to convert 500,000 DOT tokens, worth approximately $50 million, into Bitcoin. The plan suggests using a dollar-cost averaging (DCA) strategy to acquire Threshold Bitcoin (tBTC) over a year, aiming to diversify Polkadot's treasury and potentially hedge against market downturns. The conversion would utilize Hydration's automated system with a projected rate of 1 DOT to roughly 0.000041 tBTC. Supporters believe Bitcoin could stabilize the treasury and boost Polkadot's DeFi ecosystem, while critics worry about the timing, as DOT is trading near yearly lows while Bitcoin is above $100,000. Concerns about transparency and wider community engagement have also been raised. If approved, Polkadot would join a growing trend of companies adding Bitcoin to their reserves, with at least 223 public companies now holding over 819,000 BTC. This includes Mercurity Fintech's recent announcement to raise $800 million for a Bitcoin reserve.

Decentralized lending platform Morpho has launched Morpho V2, introducing fixed-rate and fixed-term loans to its platform. Morpho is currently the second-largest lending protocol in decentralized finance, holding over $6 billion in total value locked. The platform's total value locked increased 150% after its token, MORPHO, launched in November 2024. The MORPHO token is trading near $1.40, down 8% today but up almost 10% this week. The goal of Morpho V2 is to make DeFi more like traditional finance and appeal to enterprises and institutions.

Amazon is reportedly planning to launch its own stablecoin, potentially to reduce the $5 billion to $10 billion in annual fees it pays for card processing. This move could also simplify payments for shoppers and offer lower fees when using Amazon's stablecoins. Other e-commerce companies like Alibaba and Walmart are also exploring stablecoins. If adopted, this could impact traditional payment companies, like banks and credit card companies, while improving transaction security and reducing currency conversion costs for international shoppers. The potential success of Amazon's plan hinges on upcoming stablecoin regulations and the GENIUS act, which will determine the clarity and legality of stablecoins within financial systems.

Coinbase and American Express are launching the Coinbase One Card, a credit card for Coinbase One subscribers in the U.S. this fall. Cardholders can earn 2% to 4% back in Bitcoin on purchases, with the percentage depending on their digital asset holdings on Coinbase. Benefits include boosted rewards for holding USDC and higher staking rewards on Base. Coinbase also announced partnerships and integrations including Shopify to enable USDC payments on Base for merchants in 34 countries, converting crypto into local fiat, integrating Base-native decentralized exchanges like Aerodrome into its main app, and launching perpetual futures contracts for U.S. users.

Invesco has registered an Invesco Galaxy Solana ETF in Delaware. This action indicates that Invesco is taking steps to potentially launch an exchange-traded fund (ETF) focused on Solana, a type of cryptocurrency. The registration in Delaware is a procedural step that companies often take when forming new investment vehicles. This could lead to investors having an easier way to invest in Solana through a regulated investment product.

JPMorgan reports that the first quarter of 2025 was exceptionally strong for U.S.-listed Bitcoin mining companies. The companies earned approximately $2.0 billion in gross profit with gross margins around 53%, up from $1.7 billion and 50% in the previous quarter. MARA Holdings mined the most Bitcoin, but IREN earned the highest gross profit and had the lowest cost per coin at roughly $36,400, while MARA had the highest cost at about $72,600. These mining companies issued $310 million in equity, a decrease of $1 billion from the prior quarter, and spent $1.8 billion on power. JPMorgan has an overweight rating on CleanSpark, IREN, and Riot Platforms, and a neutral rating for Cipher Mining and MARA.

Crypto gambling site 500 Casino is running a promotion during the Valorant Masters Toronto playoffs, which has a $1,000,000 prize pool. The promotion offers bonus winnings based on specific in-game achievements of the team a user bets on. For upper bracket matches, double winnings are awarded if a team wins while conceding few rounds, with 50% extra for other round-based wins. Lower bracket matches offer double winnings based on seedings and player performance, with 50% extra if teams have the same seed and the bet wins. The Grand Finals feature double winnings for winning certain numbers of rounds or dominating map picks, and 50% extra for winning a tight series. The promotion runs from June 13 to June 23, 2025. Qualifying bets are pre-match single bets with a minimum of $15 and a maximum of $150, excluding combo, live, cashed-out, and bonus balance bets. Winnings are credited within 72 hours of the match ending.

Bitcoin and Ether prices dropped sharply after reports of Israeli strikes on Iran. Bitcoin fell 4% to below $104,000, while Ether declined 10% to a low of $2,468. This price decrease led to the liquidation of over $1.07 billion in long positions across the cryptocurrency market, impacting more than 251,000 traders in a 24-hour period. The majority of these liquidations occurred on the Binance and Bybit exchanges, primarily affecting Bitcoin and Ether positions.

Cardano whales, large holders of the ADA cryptocurrency, have bought 310 million ADA in June. This accumulation suggests confidence in Cardano's future, despite recent price fluctuations. Two groups of whales, those holding 100 million to 1 billion ADA and those with over 1 billion ADA, have significantly increased their holdings. This buying spree coincides with the development of Cardinal, a protocol bringing Bitcoin decentralized finance (DeFi) to Cardano, and a proposal from Cardano founder Charles Hoskinson to use $100 million in ADA to boost Cardano's stablecoin, USDM. Cardano's price is currently around $0.60, with potential support at $0.50 if it declines further. The article also mentions Bitcoin Bull (BTCBULL), a project that aims to capitalize on Bitcoin's price growth by burning tokens and distributing BTC airdrops when Bitcoin hits certain milestones.

Despite China signaling potential increases in export permits for rare earth magnets to Europe and the United States, analysts believe China's dominance in the rare earth metals market remains strong. These metals are critical for various high-tech industries, including electric vehicles and defense. While some Chinese companies have received approval for shipments, concerns remain about the short-term nature of licenses and the limited scale of production in Europe and the U.S. Several European automakers and U.S. tech firms have already experienced production halts or part shortages. Although the U.S. hoped for a rollback of export curbs after a tariff pause, market volatility persists. Companies are exploring alternative sources and recycling to mitigate supply risks. Some automakers are shifting towards EVs that don't use rare earths to reduce reliance on China, but cost competitiveness remains a challenge. China also controls a large percentage of the world's graphite, lithium and cobalt. Further tightening of export rules by China remains a threat.

BNB Chain is becoming a leading blockchain for Web3 gaming because it's fast and cheap for developers to create games. Its technology allows for lots of transactions without slowing down the game, which is important for things like trading items or creating NFTs. BNB Chain also has many users, which helps games build a community. Games like Thetan Arena and Meta Apes are already using BNB Chain to create new ways for players and developers to earn money. BNB Chain also offers tools for secure storage and better privacy, helping developers make more complex and safe games.

Tensions between Israel and Iran have spurred significant activity on Polymarket, a decentralized betting platform. Over $7 million has been wagered across more than 20 markets related to the conflict. A large portion of bets, exceeding $1 million, focuses on whether Iran will retaliate militarily by June 13, with current sentiment placing the probability at 47%. Another $661,000 has been bet on Iran retaliating before the end of June, with an estimated 89% likelihood. Bets on potential US military involvement against Iran before July have reached $1.48 million, assessed at a 25% chance. Conversely, over $2 million has been wagered on the possibility of a new US-Iran nuclear agreement by July, but market confidence remains low, pricing it at under 10%. Polymarket's CEO suggests users view the platform as a news source, but the platform has drawn criticism for potentially trivializing a deadly conflict for financial gain.

According to a crypto analyst, XRP's price is showing signs of a potential breakout. XRP is currently testing resistance levels, and the analyst suggests that a daily close above $2.33 could trigger a significant price increase. The analyst's chart indicates a potential move towards $3.39, which would represent a 61.43% increase from the current price of $2.1. This analysis is supported by a rising Relative Strength Index (RSI) and the price action remaining above key Exponential Moving Averages (EMA), suggesting a shift towards a bullish market trend. If XRP holds above $2.33, a stronger uptrend may begin.

The price of XRP is facing pressure as large holders, known as whales, have sold off 150 million XRP tokens. This selling activity coincides with a bearish technical pattern, putting downward pressure on the price. The article highlights the importance of XRP maintaining a price above the $2 level amidst this selling pressure from large holders and potentially negative chart signals.

Ripple and the SEC are jointly requesting Judge Torres to issue a ruling that could end their XRP lawsuit. They are asking for the injunction against Ripple to be removed and for a significant portion of a $125 million penalty to be released back to Ripple. Ripple would pay $50 million to the SEC to settle the penalty, and approximately $75 million plus interest would be returned to Ripple. This renewed request follows a previous rejection, with the parties now arguing that settlement efficiency, judicial economy, and the SEC's changing approach to crypto enforcement create exceptional circumstances that warrant the ruling. If Judge Torres agrees, the case will be sent back to a lower court for finalization, and both parties will drop their appeals. If she disagrees, the legal battle will continue. Currently, XRP is trading at $2.11.

XRP's price dropped 7% due to overall crypto market decline caused by geopolitical tensions. Ripple and the SEC jointly filed a renewed request asking Judge Torres to modify the final judgment, seeking to lift an injunction and reduce the penalty to $50 million. This is their second attempt after their initial motion was denied. Legal experts are skeptical about the likelihood of Judge Torres approving the request. The trading volume for XRP has increased, indicating traders are adjusting their positions. XRP futures open interest has decreased by 5%.

Coinbase warns that some publicly traded companies holding Bitcoin could pose a risk to the overall crypto market. Around 228 public firms collectively hold over 820,000 Bitcoin, with about 20 using debt to buy crypto, similar to MicroStrategy's strategy. These companies often have limited revenue outside of their crypto holdings and trade at high values compared to their assets. A change in accounting rules now allows them to report digital assets at their current market value, which has encouraged more Bitcoin-focused strategies. Coinbase highlights two main risks: companies may be forced to sell Bitcoin to cover their debts if they can't refinance, especially with some debt coming due as early as 2026, or they might choose to sell Bitcoin to fund their operations. Even a small sale by one of these companies could negatively impact the market. While the US economy is currently strong, rising long-term interest rates could create problems for these debt-heavy companies. Despite these concerns, Coinbase remains mostly positive about Bitcoin's outlook, citing a weakening US dollar and increased global liquidity, but suggests that smaller cryptocurrencies may struggle compared to Bitcoin.

The World Bank projects global economic growth to slow to 2.3%, the weakest since 2008 outside of recession years, primarily due to trade disputes and tariffs. Developing economies are particularly vulnerable, facing debt risks and reduced investment. Despite this bleak outlook, Bitcoin is highlighted as a growing asset, surging over 54% in the past year and reaching a market capitalization of $2.08 trillion. This growth mirrors that of gold, which has climbed over 18%, as investors seek safe havens. Bitcoin is increasingly viewed as a hedge against inflation, slow growth, and systemic risk, attracting both institutional and corporate adoption, including the success of Bitcoin ETFs with over $40 billion in net inflows. The article promotes Best Wallet token ($BEST) and the Best Wallet app, noting the non-custodial crypto wallet market has grown to $11B.

Bitcoin's price has decreased to around $104,818, a 1.68% drop in the last 24 hours, influenced by escalating global tensions and triggering over $1.15 billion in crypto liquidations. Bitcoin broke below key technical levels, but analysts suggest it remains bullish if it stays above $100,000. Despite the short-term bearish outlook, there's speculation that Japanese institutions, holding significant foreign reserves and pension funds, may be quietly accumulating Bitcoin, potentially impacting the market significantly. An altcoin project, BTC Bull Token, is nearing its $8.1 million cap, with a 58% APY staking pool that attracts investors.

Bitcoin is currently trading above $104,000, which is above a key level called the Short-Term Holder Realized Price (STH RP) of $97,970. This STH RP represents the average price paid by recent Bitcoin buyers. As long as Bitcoin stays above this level, it suggests that these recent buyers are still making a profit, which reduces the chances of a large sell-off. Historically, when Bitcoin has fallen below the STH RP, it has often led to significant market corrections. Despite geopolitical tensions between Israel and Iran, Bitcoin has not experienced major selling pressure, indicating resilience in the current market. The market's structure appears to remain bullish for now, supported by Bitcoin's position above the STH RP.

The SEC has withdrawn several proposed crypto regulations, including amendments to Rule 3b-16 of the Exchange Act, the Custody Rule, and the Cybersecurity Risk Management Proposal for Investment Firms. These proposals, initiated under former SEC chair Gary Gensler, would have required DeFi platforms to register with the SEC, mandated the use of qualified custodians for crypto assets, and increased cybersecurity reporting burdens for investment firms. The rescission comes amid increasing support for crypto from figures like Donald Trump, who advocates for clearer regulatory guidelines through initiatives like the CLARITY Act. The article suggests that this shift may lead to better market conditions, highlighting Solaxy ($SOLX), currently in presale with $48.7M raised and priced at $0.00175, and Bitcoin Hyper ($HYPER), also in presale with $1.1M raised and priced at $0.011875, as potential beneficiaries. Aura ($AURA), a meme coin, is also mentioned as having seen a significant price increase.

Donald Trump stated that Israel's airstrikes against Iran were a consequence of Iran's refusal to accept a nuclear deal he offered. These remarks followed Israeli airstrikes on Iranian targets, which Trump said he was briefed on beforehand. In response, Iran launched nearly 100 drones at Israeli targets, prompting a state of emergency in Israel. The US military did not participate in the strikes but was informed of them. The market reacted strongly, with West Texas Intermediate crude oil surging 8.48% to $73.81 per barrel and Brent crude rising 7.86% to $74.81. Gold prices also increased, with spot prices climbing 1.3% to $3,426.31. US Treasury bond prices rose, pushing yields lower. The dollar index increased by 0.5%, trading around 98.41. European markets declined, with the pan-European Stoxx 600 down 0.9%, travel and leisure companies experienced the largest declines. Oil shipping companies like Frontline saw gains, rising 8.2%.

Heightened global political tensions caused a $200 billion drop in the crypto market in 24 hours. Meme coins collectively lost $6 billion, bringing their total value down to $60 billion. Animecoin (ANIME) experienced the largest drop, falling 21.3%. Other meme coins, Fartcoin (FARTCOIN) is down 15.5% and trading at $1.14, and Goatseus Maximus (GOAT) fell 17.8% and is trading at $0.102. These coins are being watched for potential bullish opportunities despite the current market correction; FARTCOIN needs to hold above $1.20, ANIME needs to hold above $0.0230, and GOAT is heavily influenced by Bitcoin's price movements.

Greg Kidd, a former politician and owner of Vast Bank, is working on a new type of bank charter in the U.S. designed for banks focused solely on deposits and payments, without physical branches or lending. This charter aims to make it easier for digital-first businesses, including companies like Ripple, to obtain banking licenses, though Kidd clarified he wasn't speaking for Ripple directly. His goal is to increase competition in the banking sector and make payments more accessible and low-cost. Kidd highlighted the near-zero cost of payments on the XRP Ledger and believes the cost of sending money should reflect this. Ripple recently became a Platinum Member of the American Bankers Association, increasing its influence in the banking industry. Ripple CEO Brad Garlinghouse stated the company's intention to help banks improve cross-border payments by reducing intermediaries and pre-funded accounts. Kidd is also putting U.S. dollars on the blockchain through Vast Bank and investing in banks in Europe to bring dollars, pounds, and euros onto blockchain networks for 24/7 banking.

Pi Network's price experienced a significant drop, crashing 36% to an all-time low of $0.40. This decline is attributed to a combination of factors including a general downturn in the crypto market, geopolitical tensions involving potential tariffs and conflict in the Middle East, and delays in Pi Network's mapping migration, specifically in Chinese-speaking regions. Concerns are also growing regarding the tokenomics of Pi, particularly the scheduled release of over 340 million PI tokens next month, which could increase selling pressure as investors may seek to take profits after holding the tokens for an extended period. Market sentiment towards Pi Network has become increasingly negative, further contributing to the price downtrend. The price is currently around $0.56, a 13% decrease, but it needs to break the $0.73 level to target $1.052.

The cryptocurrency market experienced volatility this week, influenced by global events like US-China trade deal discussions and geopolitical tensions involving Israel and Iran. Bitcoin initially rose but then declined before recovering slightly, ending the week around $104,800, up 1%. HYPE saw significant gains, reaching a new all-time high and a 15.5% weekly surge. Other gainers included UNI, AAVE, and BCH, while SOL, SUI, TON, SHIB, ADA, DOGE, and TRX experienced losses. Bitcoin ETFs rebounded with $1.07 billion in inflows, led by BlackRock's IBIT, which became the fastest ETF to reach $70 billion in assets. Ethereum ETFs outperformed Bitcoin ETFs on one day, with $240 million in inflows. Circle's USDC stablecoin launched on the XRP Ledger. MicroStrategy purchased $110 million worth of Bitcoin, increasing its total holdings to 582,000 BTC. Mercurity Fintech plans to raise $800 million for a Bitcoin treasury reserve.

The CoinDesk 20 Index, a broad measure of the cryptocurrency market, is down 4.4% since Thursday at 4 p.m. ET, currently trading at 3027.78. All of the 20 assets included in the index experienced a decline. Bitcoin (BTC) fell by 2.2%, making it one of the better performing assets within the index, along with XRP which decreased by 2.9%. The worst performing assets were SUI, which fell by 8.2%, and NEAR, which dropped by 7.8%.

Cathie Wood's ARK Innovation ETF (ARKK) invests in companies believed to be driving disruptive innovation. In 2020, ARKK saw a 153% increase with top holdings like Teladoc, Tesla, Roku, Block, and Shopify. By 2025, while Tesla remains a key holding, the fund has shifted focus to companies involved in AI (Gitlab), the metaverse (Roblox), and cryptocurrency (Coinbase). ARKK experienced a significant downturn in 2022, falling 67%, but rebounded with an 82% increase in 2023, outperforming the S&P 500. However, year-to-date as of May 2025, ARKK is up only 1%. Despite criticisms regarding volatility and substantial investor losses, Wood's successful early investments like Tesla demonstrate her long-term vision. The fund remains a high-risk, high-reward investment in innovative technologies.

Former Ripple executive Greg Kidd envisions a future where blockchain technology is fully integrated into the global financial system. Kidd, now leading an initiative to bring the banking system on-chain, aims to issue FDIC-insured U.S. dollar deposit tokens directly on blockchain networks, including the XRP Ledger, through his acquisition of Vast Bank. This approach is designed to be more capital efficient than stablecoins and offer consumer protections. Kidd also advocates for a new banking charter focused solely on deposits and payments, aiming to make banking more accessible. He anticipates Ripple will become a fully integrated blockchain firm, potentially acquiring outdated financial institutions to migrate them onto blockchain rails.

Bitcoin's price dropped to $103,900 before recovering to $105,000 following reports of Israeli airstrikes targeting Iranian nuclear and missile facilities, including sites in Tehran. This escalation of tensions between Israel and Iran has created uncertainty in the market, leading investors to reduce risk exposure. The airstrikes followed a report from the International Atomic Energy Agency about Iran's uranium enrichment, increasing worries about nuclear proliferation. Diplomatic talks between the U.S. and Iran, originally planned for Sunday, are likely to be postponed. The article suggests a cautious approach to crypto investments given the heightened geopolitical instability.

Sharplink Gaming (SBET) became the largest corporate holder of Ethereum (ETH) after raising $463 million and purchasing 176,271 ETH at an average price of $2,626, aiming for a long-term treasury strategy. This makes them the first NASDAQ-listed company to adopt an ETH treasury strategy. However, despite the announcement, Sharplink's stock price crashed, erasing 66% of its value in pre-market hours and 91% from its all-time high of $124. This decline is attributed to the structure of the financing round, a Private Investment in Public Equity (PIPE), which diluted the stock and led to private investors selling their shares. The funds were raised with participation from Consensys, ParaFi Capital, Electric Capital, and other firms, who received SBET shares in exchange for fiat and ETH. Sharplink's ETH holdings are comparable to those of older ICO projects and investment funds, with the Ethereum Foundation holding even more. The company intends to use its ETH treasury for staking and other passive income opportunities, believing in the Ethereum ecosystem's potential for finance and e-commerce.

JPMorgan has increased its price targets for several Bitcoin mining companies, including CleanSpark, Riot Platforms, and MARA Holdings. The price target for CleanSpark rose from $12 to $14, for Riot Platforms from $13 to $14, and for MARA Holdings from $18 to $19. These adjustments reflect improved mining profitability due to higher Bitcoin prices and changes in the network hashrate, which is a measure of competition and difficulty in Bitcoin mining. JPMorgan increased its spot Bitcoin assumption by 24% and its network hashrate estimate by 9%. The bank maintains an overweight rating on CleanSpark, IREN, and Riot, and a neutral rating on Cipher Mining and MARA.

Matthew Snider, CIO of Digital Wealth Partners, warns that it may soon be difficult for retail investors to accumulate XRP through dollar-cost averaging (DCA) due to increased corporate interest. Trident Digital plans to create a $500 million XRP treasury, and other publicly listed companies are also establishing XRP reserves. This could reduce the amount of XRP available for open market trading, potentially driving up the price but squeezing out retail investors. Experts suggest holding at least 1,000 XRP to potentially improve financial status, while others suggest a minimum of 50,000 XRP, though some critics dismiss these figures as arbitrary.

SharpLink Gaming acquired 176,271 Ethereum (ETH) for $462.9 million, averaging $2,626 per ETH, making them the largest public holder of ETH. Over 95% of their ETH is already deployed in staking platforms to earn rewards. Ethereum co-founder Joseph Lubin stated this move supports decentralized finance and network security. SharpLink is now the first Nasdaq-listed company to hold ETH as a treasury asset. Despite this large purchase, the price of ETH recently fell to $2,553, showing a mixed market performance. The company funded the purchase by selling equity worth $79 million and shares under its $1 billion ATM program.

Charles Hoskinson, the co-founder of Cardano, has proposed converting $100 million worth of ADA, Cardano's native token, into Bitcoin and stablecoins like USDM and USDA. The purpose is to increase the amount of stablecoins and activity in Cardano's decentralized finance (DeFi) ecosystem. Currently, Cardano has $356 million in total value locked (TVL), with only $31 million in stablecoins. Hoskinson believes this conversion would generate revenue without creating inflation and boost Cardano's DeFi economy, which he views as currently struggling due to the low stablecoin supply. He dismissed concerns that selling $100 million of ADA would negatively impact its price. This proposal contrasts with the Cardano Foundation CEO's view that TVL is not a primary measure of Cardano's success.

A technical indicator called the Hash Ribbon, which analyzes Bitcoin's network activity, has signaled a potential buy opportunity. Historically, this signal has preceded significant price increases. Analyst Astronomer Zero suggests that if Bitcoin follows past patterns, it could reach $170,000. The Hash Ribbon triggers when Bitcoin's mining activity recovers after a period of decline, indicating that selling pressure might be over. Since 2020, this signal has consistently pointed towards upward price movement, with rallies ranging from 59% to 260%. Bitcoin is currently trading around $104,898, down 3.1% in the last 24 hours, and traders are watching to see if it will reach the $170,000 target based on the Hash Ribbon signal.

Dogecoin's price is unlikely to reach $1 in 2025, according to a machine learning algorithm. The algorithm predicts a maximum price of $0.289 for Dogecoin this year, with potential for a 35% increase in June. Longer-term predictions suggest that Dogecoin will not reach its previous high of $0.74 between 2025 and 2030. The $1 target is predicted to be reached sometime after 2030, potentially around 2040. However, the algorithm forecasts a shorter-term increase to $0.236 within the next month, representing a potential gain of 17.67%.

The US Senate will hold a final vote on the GENIUS Act on June 17, a bill aimed at regulating stablecoins. The GENIUS Act requires stablecoins to be fully backed by US dollars or similar liquid assets and mandates annual audits for issuers with over $50 billion in market capitalization. Foreign stablecoin issuers must also comply with US standards if they want to operate with American users. If the bill passes the Senate, it will move to the House of Representatives, where it may face reconciliation with the STABLE Act, another stablecoin bill. The Treasury projects that clear stablecoin legislation could help the U.S. stablecoin market grow to over $2 trillion by 2028. Currently, the market cap for USD-backed stablecoins stands at approximately $252 billion.

Thierry Baudet, a prominent figure in the Forum for Democracy (FvD), presented his vision for a future powered by blockchain technology at Dutch Blockchain Week 2025. He proposed a financial system independent of traditional banks and government control, where salaries could be directly paid in cryptocurrency and everyday purchases made using blockchain. Baudet believes blockchain offers an escape from inflationary policies caused by central banks. He highlighted the Netherlands' potential to become a leading crypto hub in Europe, calling for politicians and startups to embrace crypto as an opportunity for innovation and economic growth, rather than viewing it as gambling or crime. The event featured speakers from companies like Bitvavo, ABN AMRO, and Deloitte. However, the feasibility of this vision remains uncertain due to Europe's strict crypto regulations.

Walmart and Amazon are reportedly considering launching their own stablecoins pegged to the US dollar. This move aims to reduce transaction fees, streamline global payments, and speed up cross-border settlements. Walmart has previously tested blockchain for freight payments, and now both companies seek broader applications. Stablecoins could help these retail giants avoid high credit card fees, gain real-time supply chain visibility, accelerate international e-commerce, and improve customer payment options. The stablecoin market has exceeded $250 billion and is growing. Other companies like Standard Chartered, PayPal, Revolut, and Stripe have already entered the stablecoin market. President Trump's endorsement of stablecoins has further encouraged corporate interest in crypto.

FARTCOIN experienced an 18% price drop in the last 24 hours, trading at $1.09 after a recent rally. Despite the decline, significant trading activity has been observed, with futures volume reaching $4.18 billion. A whale investor spent $1.2 million to purchase 1.14 million FARTCOIN tokens, while another whale managing a $37 million portfolio allocated $6.4 million to buy FARTCOIN over time. Analysts are closely watching the $1.06 price level, as maintaining support above $0.70-$0.75 is crucial to avoid further price decreases. Resistance is noted around $1.20 and $1.50. Fartcoin is currently 57.7% below its all-time high of $2.61.

The article discusses the importance of cross-chain interoperability in DeFi, which allows different blockchains to communicate and share data. Current methods rely on bridges to move assets between chains, but these have security vulnerabilities and user experience issues. The focus is shifting to bridgeless DeFi, which allows cross-chain interactions without manually bridging assets. This is achieved through protocols like Cosmos IBC and Polkadot XCMP, cross-chain liquidity layers such as THORChain and Chainflip, and unified application layers like Squid Router and Li.Fi. Bridgeless DeFi offers improved security, simplicity, and composability. Challenges remain, including limited native interoperability and standardization. The future vision is a seamless, secure DeFi experience where users don't need to know which blockchain they are using.

French legislators have introduced a bill to protect crypto entrepreneurs following a series of kidnappings targeting them. The bill aims to remove the personal addresses of crypto firm owners and managers from public trade registers, which authorities believe kidnappers used to identify victims' residences. This law would require official databases to redact personal addresses before sharing documents with private platforms. The proposed legislation builds upon previous suggestions and makes the removal of sensitive information an automated process. In response to the attacks, 25 individuals have been charged, and an alleged mastermind was arrested in Morocco. French officials are taking steps to improve the security of crypto executives and their families by focusing on their privacy.

The Pi Network's price is facing scrutiny due to a community-driven idea called Global Consensus Value (GCV), which suggests Pi should be worth $314,159 per coin. A crypto expert, Dr. Altcoin, believes this GCV vision is unrealistic because the current supply of Pi coins would create an impossible market cap larger than the world's total annual GDP. He suggests focusing on real-world uses for Pi instead of pushing for a high price based on hype. There's also speculation that the Binance exchange might list Pi Coin around June 28, 2025, which could boost its price and reputation, but regulatory issues could delay this. Currently, Pi is trading around $0.62. One analyst predicts a potential rally to $0.8, with a longer-term target of $2 if it breaks past $1.2, while another warns it could drop to $0.16 if it falls below $0.38.

Bitcoin experienced a significant drop, falling over 5% after Israel's strikes on Iranian facilities triggered market volatility. This drop caused Bitcoin to fill a gap in the Chicago Mercantile Exchange (CME) futures market, a pattern where the price tends to move back to a specific level. This CME gap, which was $1,490 wide, formed between the Friday close at $105,060 and the following Sunday open at $106,550 and it took 98 hours to close. The article notes that CME gaps have consistently closed this year, with six out of six gaps being filled. This pattern is used by some traders to predict short-term price movements, but this recent gap fill took longer than usual due to high leverage in the Bitcoin market and the geopolitical uncertainty.

Walmart and Amazon are reportedly exploring the creation of their own US dollar-backed stablecoins for customer payments. The aim is to create a payment system that reduces reliance on banks and lowers transaction fees, potentially saving billions given Amazon's $638 billion annual revenue and Walmart's over $100 billion in e-commerce sales. The feasibility of these stablecoin plans may hinge on the progress of the GENIUS Act, a piece of legislation aiming to clarify regulations for stablecoins, including collateralization and anti-money laundering compliance. Shopify has also confirmed plans to integrate USDC payments for its users this year. The GENIUS Act recently advanced with a 68-30 vote, but faces further debate and votes before potentially moving to the House of Representatives. DTCC Digital Assets views stablecoins as useful for real-time collateral management.

Bitcoin ETFs saw a significant rebound, attracting $1.07 billion in inflows over four days (June 9-13), reversing previous outflows. This surge in investment occurred even as the crypto market experienced volatility due to geopolitical tensions in the Middle East, which caused a temporary price drop for Bitcoin. BlackRock's IBIT ETF reached $70 billion in assets under management in a record 341 days. While Bitcoin experienced turbulence, Ethereum ETFs have seen consistent inflows for 19 days, even surpassing Bitcoin's daily inflows on one occasion, possibly indicating a shift in investor interest towards Ethereum.