NewsUpdated

#Cryptocurency
#MarketImpact
“From a technical standpoint, BTC has formed a potential double top on the chart, suggesting a short-term correction may be underway.” says Ruslan Lienkha, chief of markets at YouHodler.
Crypto saw a notable drop today. 98 of the top 100 coins have recorded decreases over the past 24 hours. The cryptocurrency market capitalization has dropped by 6.1% to $3.38 trillion. The total crypto trading volume is at $168 billion, the highest it’s been in days.
TLDR:
The market has continued yesterday’s pullback, entering consolidation;
A short-term correction may be underway;
Crypto market sentiment moves towards the fear zone;
Bitcoin drops below the $105,000 level;
Another all-time high is possible;
US spot ETH ETFs continue to outperform their BTC counterparts with 18 consecutive days of inflows;
Additional drops are likely.
Crypto Winners & Losers
Continuing a decline that started yesterday, all top 10 coins per market cap have seen their prices drop over the past 24 hours.
Bitcoin (BTC) fell by another 2.7% to the current price of $104,694.

Ethereum (ETH) recorded the second-highest fall on the list of 7.9% to the price of $2,529.
The top loss is Solana (SOL)’s 8.7%, which now trades at $145.At the same time, the smallest decrease is Tron (TRX)’s 0.5% to the price of $0.2738.
Moreover, only two of the top 100 coins have appreciated today. WhiteBIT Coin (WBT) is up 3.3% to $33.58, while LEO Token (LEO) increased by 2% to the price of $9.05.
On the other hand, sixteen coins saw double-digit decreases. The highest among these is SPX6900 (SPX)’s 18.6%, currently trading at $1.38.
Ruslan Lienkha, chief of markets at YouHodler, highlighted that financial markets are hesitant, despite a mildly positive inflation print in the US and consumer prices rising slightly less than expected.
“Ongoing geopolitical tensions and renewed tariff rhetoric from Donald Trump continue to weigh on investor sentiment, preventing a clear upward breakout,” Lienkha says.
A Short-Term Correction May Be Underway
James Toledano, Chief Operating Officer at Unity Wallet, commented that we can’t say what is exactly happening at the moment.
“Bitcoin seemed as if it were heading for a new all-time high before retreating,” he writes. “It is truly hard to know if a single factor or a confluence of factors is at play here.”
Institutional inflows have been supporting the recent rally, and with BTC hovering just below its May peak, “another all-time high seems realistic if these trends persist.”

Moreover, Ruslan Lienkha argues that BTC appears to be entering a consolidation phase. “From a technical standpoint, the asset has formed a potential double top on the chart, suggesting a short-term correction may be underway.”
The coin has spent most of the year trading within the $90,000–$110,000 range, which may serve as a key support and accumulation zone before a new attempt at an ATH.
Meanwhile, altcoins are showing signs of divergence, Lienkha says. ETH, SOL, and XRP have been trading sideways and remain significantly below their previous ATHs. “This subdued performance also reflects a declining short-term correlation with Bitcoin.” However, speculations around a forthcoming Solana ETF approval “translate into fresh capital inflows” for this coin.

Levels & Events to Watch Next
At the time of writing, BTC trades at $104,694, falling below the $105,000 mark. This is up from the intraday low of $103,081 and down from the intraday high of $108,356, which the coin held very briefly. It’s currently down 6.3% from the all-time high of $111,814.

In the same time period, Ethereum saw a notable plunge from its intraday high of $2,767 to the intraday low of $2,469, correcting slightly upwards since.

Meanwhile, the crypto market sentiment keeps retreating into fear. It’s currently in the neutral zone, falling from 65 seen yesterday to 54 today. This suggests that the concerns over market overheating and heading for an additional correction are easing.
“Encouragingly, the wave of fear in market sentiment did not translate into a meaningful shift in spending behavior,” Glassnode says.

Moreover, US BTC spot exchange-traded funds (ETFs) saw another day of net inflows, though it’s nearly half of yesterday’s amount. It stood at $86.31 million on Thursday. BlackRock took in $288.33 million, but others ended the day with significant losses.

At the same time, US ETH spot ETFs have recorded 19 consecutive days of inflows, surpassing the BTC counterparts again with $112.36 million in inflows on 12 June. BlackRock’s share here is $101.53 million, and Fidelity’s is $10.83 million.

Meanwhile, stablecoins have been increasingly drawing investor attention. Total stablecoin market capitalization has reached a new all-time high of $250.949 billion, per DeFiLlama.

According to Toledano, “the ease with which USDT and USDC can be converted into both digital assets and fiat currencies enhances their appeal, offering unmatched convenience and flexibility within a rapidly evolving financial landscape.”
Monthly stablecoin flows reached $717 billion–$719 billion from February to April, and annual volumes topped $27.6 trillion, surpassing Visa and Mastercard. Therefore, “stablecoins appear increasingly unstoppable, cementing their role as a transformative force in global finance.”

Quick FAQ
Why did crypto move against stocks today?
The crypto market recorded a notable pullback today, while the stock market noted an uptick. The S&P 500 has increased by 0.38%, the Nasdaq-100 is up 0.24%, and the Dow Jones Industrial Average rose by 0.24%. The markets are responding to fresh economic data and are waiting for additional details on US-related trade deals.
Is this dip sustainable?
The market is entering another consolidation phase. Further drops are possible, but so are the new all-time highs.

Follow 🔥 Stay tuned for more updates 🚀😍🚀
#NewsUpdated

It comes after Singapore’s MAS ordered all unlicensed digital token service providers to halt overseas activities, including those still awaiting full approval.
Two major crypto exchanges, Bitget and Bybit, are reportedly preparing to scale back operations in Singapore following a final warning from the country’s central bank that threatens their ability to serve overseas clients.
Both firms have operated in the city-state without a full license and now face a June 30 deadline to comply or withdraw.
The Monetary Authority of Singapore (MAS) last week ordered all digital token service providers without a formal license under the Payment Services Act to cease overseas activities. The directive leaves little room for negotiation and applies even to firms awaiting full approval.
Offshore exchanges with front-office teams or international customers are included in the ban, according to the MAS.

Focus Shifts to Dubai and Hong Kong
Bloomberg reported Thursday that Bitget is already making plans to move staff out of Singapore.The company will reassign team members to Dubai and Hong Kong, where licensing frameworks are more open to crypto firms.
Bybit is reportedly exploring similar options, although it has not confirmed its next steps.
Dubai and Hong Kong have become magnets for digital asset platforms looking to navigate tightening rules elsewhere. Dubai’s Virtual Asset Regulatory Authority has granted licenses to more than 20 firms, including Binance and Bybit, under a regime that offers tax advantages and regulatory clarity.
Hong Kong, with its emphasis on cross-border interoperability and traditional finance infrastructure, has also drawn interest as it ramps up its digital asset initiatives.
With Rules Tightening, Crypto Firms Weigh Exit from Once-Friendly Shores in Singapore
Singapore, once viewed as Asia’s crypto haven, has adopted a more cautious stance in the wake of the 2022 market downturn that saw the collapse of local platforms like Three Arrows Capital and Hodlnaut.
While the country continues to issue crypto licenses, authorities have limited advertising, warned retail investors, and imposed new controls on firms operating from within its borders.
The MAS decision has sparked concern among industry insiders, with some warning that the clampdown could lead to significant job losses and diminish Singapore’s position in the global crypto economy.
For now, firms with unlicensed overseas operations are scrambling to comply or relocate, signaling a shift in the region’s balance of crypto power.

#NewsUpdated $BTC

Follow 🔥 Stay tuned for more updates 🚀😍🚀

$XRP #NewsUpdated
The abrupt surge in withdrawals follows just $23 million recorded the previous day, pointing to a deliberate shift in strategy among XRP holders.
Key Takeaways:
Over $151M in XRP exited Binance on June 11, signaling major whale activity.
Large outflows with stable prices suggest silent accumulation by experienced traders.
VivoPower’s XRP-focused treasury and Flare partnership hint at growing institutional interest.
More than $151 million worth of XRP left Binance on June 11, marking one of the largest single-day outflows in recent memory, according to on-chain data from CryptoQuant.
The abrupt surge in withdrawals follows just $23 million recorded the previous day, pointing to a deliberate shift in strategy among XRP holders.
Large-scale withdrawals from exchanges often signal investor confidence.
Are Whales Accumulating XRP?
When tokens are removed from trading platforms, they are typically transferred to private storage, suggesting the owners are in no hurry to sell. In this case, the scale and speed of the exit stand out — a more than sixfold jump within 24 hours.
The motivation behind the move remains unclear, but such behavior is frequently seen ahead of expected price movements.
Interestingly, despite the size of the withdrawal, XRP’s market price remained steady, hovering around $2.31.
That stability in the face of major outflows hints at silent accumulation — a phase where seasoned traders position themselves without moving the market.
These on-chain patterns are a useful lens for interpreting investor behavior, especially for newer market participants.
While a spike in outflows doesn’t guarantee a price rally, it often reflects the sentiment of more experienced players. In contrast, rising exchange inflows typically signal selling pressure.
The XRP shift may also reflect broader developments. On June 11, VivoPower, a publicly listed firm, announced a partnership with the Flare blockchain to generate yield from its XRP holdings.
The move could indicate that institutional players are looking for ways to leverage their crypto assets without liquidating them.
In May, VivoPower also invested $121 million in XRP as a strategic reserve, making it the first company in the world with an XRP-focused treasury.
Ripple to Bridge to Ethereum
In another major development, XRP Ledger is preparing to roll out an Ethereum Virtual Machine (EVM) sidechain in Q2, marking a major step toward Ethereum compatibility.
The development was confirmed by Ripple CTO David Schwartz at the Apex 2025 event in Singapore, with blockchain firm Peersyst helping lead the effort.

The EVM sidechain is designed to combine the XRP Ledger’s low-cost, high-speed settlement layer with Ethereum’s robust smart contract capabilities.
Built using the evmOS software stack, the sidechain is currently live on testnet, with a mainnet launch expected later this quarter after further validator onboarding.
Unlike Ethereum-native blockchains, the XRP Ledger does not currently support the EVM environment that powers most decentralized applications.
In May, the XRP Ledger expanded its stablecoin offerings with the launch of two new region-specific assets, including EURØP, a MiCA-compliant euro stablecoin from Schuman Financial, and USDB, a dollar-pegged token issued by Brazil’s Braza Group.

Follow 🔥 Stay tuned for more updates 🚀😍🚀

#NewsUpdated $SOL $XRP
Investors are awaiting the SEC’s decision on Solana, XRP, and DOGE spot ETFs.
The deadline for the SEC ( Securities and Exchange Commission ) to make a decision on several crypto-based exchange-traded funds (ETFs) is approaching . Among the cryptocurrencies under scrutiny are Solana, XRP, and even the meme coin Dogecoin.
The U.S. stock exchange has already approved Bitcoin and Ethereum-based funds last year, and now investors are wondering which altcoin will be the next to benefit from increased liquidity and demand.
What could be the first ETF to be approved?
The Securities and Exchange Commission has again postponed its decision on the Polkadot ETF, originally scheduled for today, June 11.
The American regulator has requested more time. The agency has postponed its decision to gather new comments and re-examine the proposal. And that's not the only stop: the spot ETF based on HBAR, proposed by the investment firm Canary Capital, has also been postponed.
All eyes are now on the June 13 deadline for Canary Capital’s Litecoin-based fund.
Attention is also turned to other well-known projects such as Solana, XRP and Dogecoin.
Solana seems to be the favorite . Investor expectations are sky-high: many experts are already talking about a possible early approval.
With the SEC asking issuers to file Form S-1 by next week, many analysts are betting that the green light will come within 3-5 weeks . This is according to DB analyst and Bloomberg analysts have also hinted that the green light could come very soon.

The S-1 form is the first official document that companies must submit to the stock exchange when they want to list a new security on the stock exchange or, as in this case, an ETF. It is used to provide all the necessary information: risks, financial data, objectives of the offering.
Investors’ expectations are understandable, given that several issuers have submitted applications for a SOL- based fund . The list includes VanEck, Bitwise, Fidelity, Grayscale, and 21Shares.
A summer full of expectations and decisions…
The race is also getting tight for the spot ETF on XRP. The SEC will have to rule on the Franklin Templeton proposal by June 17 , then it will be ProShares' turn on June 25.

Optimism around Ripple is strong, but the still-open lawsuit against the SEC continues to weigh and fuel uncertainty.
Eyes are also on the meme coin Dogecoin. The Grayscale Dogecoin ETF is currently under review, with a decision expected by the end of the month.
With so many verdicts expected in just a few weeks, investors have already dubbed the month: “The Summer of Altcoin ETFs.”
Meanwhile, several analysts have released their forecasts, while investors continue to focus on their favorite assets.
According to betting market Polymarket, the odds of an XRP ETF being approved are at 87%, down from 98.2% at the start of the month. Solana leads the way at 91% , with Dogecoin following at 69%, and other altcoins with similar odds.
Bloomberg analyst James Seyffart tweeted on X that Litecoin and Solana are in pole position with a 90% probability. The advantage would be due to three factors: the application submitted via Form 19b-4, the commodity status and the presence of futures products already regulated by the Commodity Futures Trading Commission (CFTC), the U.S. federal authority that regulates derivatives markets.
XRP follows with a probability of 85%, while Dogecoin and HBAR are estimated at 80%. Among the products considered less likely by analysts are those based on Sui and Tron.

Overall, it seems like the larger altcoins have a good chance of getting regulatory approval, at least by current standards.
But there are still questions about the timing. The SEC has already postponed several decisions, and given the high number of requests and regulatory challenges, further delays could arrive.
With Solana’s spot ETF likely to be the first to get approval, interest in its ecosystem is growing. And among the most followed projects is Solaxy , a Solana-based layer-2 designed to solve the network’s limitations of scalability and overhead.
Layer 2 groups transactions, processes them off-chain, and then finalizes them on the mainnet. The result is seamless transactions even during times of high activity.
The native token, $SOLX, is multi-chain: compatible with both Solana and Ethereum. Its presale is still active, but there are only five days left before it hits exchange listings.

Follow 🔥 Stay tuned for more updates 🚀😍🚀

#NewsUpdated
PARIS: French police have arrested several people suspected of involvement in last month’s kidnapping of the father of a wealthy cryptocurrency entrepreneur, a source close to the case said Wednesday.
French authorities have been dealing with a string of kidnappings and extorsion attempts targeting the families of high-worth individuals dealing in cryptocurrencies.
The most recent suspects, apprehended on Tuesday according to the source, are believed to have been part of an attempt to extort funds from a wealthy man by abducting his father.
On May 1, he was taken in Paris’s southern 14th arrondissement in broad daylight by four men wearing ski masks who bundled him into a delivery van as passers-by looked on.
The kidnappers demanded a ransom of several million euros (dollars) and cut off one of the man’s fingers.
He was freed days later by a police tactical unit who stormed the house in a Paris suburb where he was being held.
There was no word Wednesday on the exact number or the locations of the arrests. The suspects can be held up to 96 hours without charges being brought.
Since the start of the year crypto-related kidnappings and abduction attempt haves sparked concern about the security of wealthy crypto tycoons, who have notched up immense fortunes from the booming alternative currency business.
One prominent cryptocurrency entrepreneur urged authorities to “stop the Mexicanisation of France” -- a reference to kidnappings by violent organised crime groups.
The spate of abductions began in January, when kidnappers seized French crypto boss David Balland and his partner. Balland co-founded the crypto firm Ledger, valued at the time at more than $1 billion.
Balland’s kidnappers cut off his finger and demanded a hefty ransom. He was freed the next day, and his girlfriend was found tied up in the boot of a car outside Paris.
The suspected mastermind of that operation and other similar attacks, 24-year-old Badiss Mohamed Amide Bajjou, was last week arrested in Tangier, Morocco.
At least nine suspects are under investigation in that case.
Last month, Interior Minister Bruno Retailleau held an emergency meeting with cryptocurrency leaders, with the ministry announcing plans to bolster their security.

Follow me 🔥 Stay tuned for more updates 🚀😍🚀

$SOL $BNB $XRP
The discussions will be held during the bankers’ dinner on June 23 at Seoul.
Bank of Korea (BOK) Governor Rhee Chang-yong will meet the presidents of other Korean banks to possibly discuss the quick issuance of Won-based stablecoins, a Newsis report noted.
The discussions are likely to be held during the bankers’ dinner on June 23 at the Seoul Bankers’ Association building.
The meeting is expected to address growing political pressure to allow the issuance of stablecoins. The news arrives days after the nation’s Democratic Party unveiled a bill to legalize the issuance of stablecoins by local firms.

The BOK has previously expressed concerns about non-bank entities issuing stablecoins. The governor noted that these assets could undermine monetary policy and financial stability.
Stablecoin-Related Discussions Have Accelerated Recently
Per the local media report, the pace of discussions on stablecoins has increased recently. The governor has been frequently meeting commercial bank heads, it added.
Last month, the governor made unusual visit to six major Korean banks, including KB Kookmin, Shinhan, Hana, Woori, NH Nonghyup, and IBK Industrial Bank. During the meetings, they reportedly discussed BOK’s digital currency projects, ‘Project Hangang’ and ‘Agora Project.’
However, previous discussions regarding central bank digital currency (CBDC) have faded out recently since the inauguration of the Trump administration.
BOK’s Blockchain Linked Deposit Tokens: Deputy Governor
Deputy Governor Lee Jong-ryeol is considering a plan to link the BOK’s deposit tokens with the public blockchain system. He described state-backed deposit tokens as a “type of stablecoin,” issued within the bank’s crypto framework.
However, since there are no regulations related to stablecoins in Korea yet, various measures are expected to be reviewed during future regulatory discussions.
The volume of dollar stablecoins is also increasing rapidly in Korea, Seol Business Daily reported. This is because dollar stablecoins currently account for more than 95% of the global stablecoin market. Deputy Governor Jong-ryeol also voiced concerns over the proliferation of foreign stablecoins. He called them “the most concerning” part of Korea’s crypto landscape.
#NewsUpdated
Follow 🔥 Stay tuned for more updates 🚀😍🚀

#NewsUpdated
Senate’s latest procedural move shows both growing political urgency and the high-stakes clash between innovation, oversight, and national interests.
The U.S. Senate has taken a major step toward federal regulation of stablecoins on Wednesday, voting 68-30 to invoke cloture on a substitute amendment to the GENIUS Act.
The move clears the way for a final vote on the legislation as early as Monday, unless Senate leaders agree to speed up the debate process.
Senate Advances GENIUS Act, Paving Way for Final Stablecoin Vote
Officially titled the “Guiding and Establishing National Innovation for U.S. Stablecoins Act,” the GENIUS Act proposes strict rules for stablecoin issuers. It would require all stablecoins to be fully backed by U.S. dollars or similarly liquid assets.

Issuers with more than $50 billion in market cap would be subject to mandatory annual audits. The bill also includes provisions around foreign-issued stablecoins.
Senate Banking Committee Chair Tim Scott, a Republican from South Carolina and one of the bill’s sponsors, called the vote a win for both innovation and national security.
“Let me be clear, this did not happen by accident. It happened because we led. To those who said Washington could not act… let’s prove them wrong,” Scott said, speaking before the vote.
The bill passed the procedural hurdle with bipartisan support, though some prominent Democrats opposed it. Senate Minority Leader Chuck Schumer, along with Senators Elizabeth Warren and Amy Klobuchar, voted no. Others, such as Senator Ruben Gallego of Arizona, voted in favor.
Opponents of the bill raised several concerns. Senator Warren criticized the chamber for not addressing proposed amendments and pointed to what she sees as deeper ethical issues tied to President Donald Trump.
“Through his crypto business, Trump has created an efficient means to trade presidential favors… By passing the GENIUS Act, the Senate is not only about to bless this corruption, but to actively facilitate its expansion,” she said, from the Senate floor.
Despite the criticism, the bill received backing from the Trump administration. A statement released Monday said that if the bill were presented to the president in its current form, his senior advisors would recommend signing it into law.
Trump has said he wants stablecoin legislation on his desk before August.
However, the bill’s future in the House is still unclear. The House Financial Services Committee passed its own version of stablecoin legislation in May, but the full House has yet to vote.
Differences between the Senate and House versions, particularly around oversight of foreign issuers and state-level regulation, still need to be resolved.
For now, all eyes are on Monday’s vote, which could mark a turning point in how the U.S. approaches stablecoin regulation.
Trump’s Deep Crypto Ties Stir Debate as Stablecoin Bill Nears Final Senate Vote
As the Senate prepares for Monday’s final vote on the GENIUS Act, tensions around President Donald Trump’s deepening ties to crypto are fueling fresh debate on Capitol Hill.
The bill initially faced Democratic resistance over provisions concerning foreign issuers, AML standards, and the possibility of corporate stablecoin issuance, but a second cloture vote in late May passed 66-32, putting the bill on track for a final vote.
However, Trump’s expanding crypto empire has added a new layer of tension.
Over the past six months, Trump and his family have launched a series of crypto ventures, including World Liberty Financial, a digital asset platform listing Trump as “Chief Crypto Advocate.” The firm recently debuted a stablecoin, USD1, backed by U.S. Treasuries.
Trump-affiliated entities reportedly own a majority stake in the company and a large share of its tokens.
Additionally, the Trump family rolled out memecoins such as $TRUMP and $MELANIA, profiting from transaction fees despite extreme price volatility.
Democrats have raised conflict-of-interest concerns, especially after revelations that $TRUMP coin holders paid millions to attend a private gala with Trump.
Meanwhile, House committees have advanced a broader crypto regulatory bill, some members pushing to merge it with the stablecoin framework now before the Senate.

Follow 🔥 Stay tuned for more updates 🚀😍🚀

#NewsUpdated
Bitcoin Surges Above $110K, Ethereum Approaches $3K, Solana Forms Golden Cross. We analyze the price movements of BTC, ETH, and SOL, supported by institutional inflows and technical indicators.
Gaining around $5,000 in a day and hitting a high of $110,500, Bitcoin (BTC) started the week with a 4% gain.
It recorded a slight correction of less than 1% on Tuesday, failing to stabilize above $110,000, but remains close to its all-time high of $112,000 on May 22.
Bitcoin Breaks Above $110,000 Resistance
Monday’s move represents the most significant daily gain since May 8. The recent surge is supported by strong fundamentals. Institutional inflows through Bitcoin ETFs reached $2.8 billion in May, bringing total ETF assets to over $122 billion.
This reflects unprecedented institutional adoption, with large investors continuing to buy on dips, a bullish signal that often heralds further gains.
From a technical point of view, the approach to all-time highs makes analysis more complex, as these levels can act as resistance. Any corrections could offer buying opportunities, especially near the 50-week moving average (around $102,000) or the psychological support of $100,000 .
Only a drop below $92,000 and the 200-day moving average would suggest a return to bearish sentiment.
Ethereum towards $3,000?
Ethereum (ETH) rallied 6.7% on Monday, testing June highs. The price has settled at the upper boundary of a consolidation range between $2,700 and $2,740 that has been forming for about a month. This represents the most significant daily gain in the past five weeks.
Technically, Ethereum has been trading in a range between $2,700 and $2,400 for about a month. A break above the upper limit could pave the way for further increases, with the psychological level of $3,000 set as a target. Conversely, a drop below the lower limit could reignite bearish momentum, with a possible return to February’s $2,200.
The price growth reflects rising institutional confidence and a fairly solid foundation. BlackRock ’s iShares Ethereum Trust has seen 23 consecutive days without outflows, highlighting continued demand from large investors. Additionally, the recent reorganization of the Ethereum Foundation’s R&D department has given new impetus to the ecosystem.
“Golden cross” in sight for Solana
Solana (SOL) is showing signs of a significant technical pattern given the imminent formation of a “golden cross” . The 50-day exponential moving average (EMA) is rapidly approaching the 200-day EMA, suggesting a possible bullish crossover. If confirmed, this pattern could indicate a trend reversal and open room for further upside.
Historically, golden crosses are considered reliable indicators of changes in market sentiment, especially when accompanied by rising trading volumes and positive momentum indicators, which Solana is currently showing. The price has recovered strongly from the $140 level and is now trading around $153, with the RSI moving away from the oversold zone, signaling upside potential.
The cryptocurrency market is currently showing a generally positive trend that could continue. Another project benefiting from this trend is Bitcoin Bull (BTCBULL) , which offers airdrops to holders if Bitcoin hits certain price milestones. Additionally, BTCBULL token holders can stake their tokens and earn a 58% APY.
$BTC $ETH $SOL

Follow 🔥 Stay tuned for more updates 🚀😍🚀
#Write2Earn

#NewsUpdated $SOL
The SEC will provide comments on the updated filings within 30 days of their submission.
The US SEC has requested spot Solana ETF (exchange-traded fund) issuers to update their S-1 filings by June, Blockworks reported, quoting unnamed sources.
Notably, the SEC has asked prospective issuers to clarify procedures for in-kind redemption. The regulator is reportedly open to allowing staking as part of these products.
Additionally, the sources noted that the agency will provide comments on the updated filings within 30 days of their submission.
Solana ETF Has 90% Odds of Approval
Although it is still unclear when spot Solana ETFs will be approved, Bloomberg senior ETF analyst James Seyffart believes that it would “more likely” be in early Q4, 2025.
“Delays on spot crypto ETFs are expected,” he wrote on X. “If we’re gonna see early approvals from the SEC on any of these assets — I wouldn’t expect to see them until late June or early July at absolute earliest.”

Analyst Seyffart also predicted that the odds of altcoin ETF approvals in 2025 are 90% for Solana and Litecoin. While XRP closely follows at 85%, other altcoins, including Dogecoin and HBAR, have an 80% chance of approval this year.
Companies that have filed S-1s include Grayscale, VanEck, 21Shares, Canary Capital, Bitwise, Franklin Templeton and Fidelity.
Interestingly, Seyffart believes the SEC views these altcoins as commodities, a positive outlook for their approval prospects compared to securities.

SOL Closely Follows Bitcoin and Ethereum ETF Plans
Grayscale is planning to follow the blueprint it used for its Bitcoin and Ethereum products, aiming to convert its existing SOL Trust into a spot ETF.
In February, the SEC formally acknowledged Grayscale’s spot Solana ETF proposal. However, in May, the agency delayed its decision, stating that it hadn’t reached any conclusions.
Last month, the SEC pushed back its decision on the SOL ETF proposals from Bitwise and 21Shares. The agency noted it needs added time to sort through technical details, legal questions, and investor-protection issues.
Meanwhile, Brazil’s regulator gave the green light for the first-ever spot Solana ETF in August 2024. Later, the country also approved a second Solana spot ETF offered by the asset manager Hashdex.

Follow 🔥 Stay tuned for more updates 🚀😍🚀

#NewsUpdated $XRP
XRP payment volume grows 1,300%, driven by 87% probability of ETF approval in 2025. Activity on XRP Ledger explodes, reinforcing investor optimism.
XRPScan data shows an impressive 1,300% increase in XRP payment volume , fueled by rising odds of an ETF approval in 2025. Activity on the XRP Ledger has seen exponential growth, with a 1,300% surge in payment volume in the last 24 hours.
This significant increase coincides with a sharp increase in the probability of an XRP ETF being approved , now at 87%. Could this be the start of a bull run for XRP?
XRP Payment Volume Spikes: The Details
According to XRPScan , XRP payment volume has reached 4.11 billion, marking a 1,300% increase in a single day. Despite the token’s price remaining stable, payment volume has increased from 295.67 million the previous day to this extraordinary figure.

On June 9, XRP payments hit a monthly high of 1.1 million, with on-chain payment activity up 117.41% over the past 24 hours. The token’s price, however, is holding steady, hovering between $2.21 and $2.32.
Rising payment volumes could solidify exposure to XRP ’s utility , setting it apart from other altcoins struggling to demonstrate practical applications. Despite Ripple’s regulatory challenges in the U.S., its global expansion and growing transaction processing capacity could rekindle investor interest.
An XRP community member commented on Reddit :
“We are seeing real utility in action and it is exactly what we expected.”
XRP ETF Share Pledge: Is This the Reason for the Payout Spike?
Ripple and XRP Ledger have made significant progress in recent days, likely contributing to this growth. For example, XRP Ledger has confirmed its leadership in tokenization with new partnerships with Ondo Finance and Guggenheim.
Growing speculation about an XRP ETF being approved in 2025 has further fueled excitement. According to Polymarket , the approval odds have risen to 87%. Adding to the hype, Bloomberg analyst Eric Balchunas predicted an “altcoin ETF season ,” following the SEC’s recent moves on Solana ETF applications.
Optimism is further supported by upcoming decisions on XRP spot ETFs . As reported by other sources, the SEC will rule on Franklin Templeton’s filings by June 17, and on the ProShares XRP exchange-traded fund by June 25, 2025.
However, the Ripple lawsuit and other factors cloud the outlook, dampening investor enthusiasm. Ripple ’s recent acquisitions , coupled with the increase in XRP payment volume, have boosted investor confidence. This could push XRP’s price to new highs.

Follow 🔥 Stay tuned for more updates 🚀😍🚀

#NewsUpdated
A man suspected of playing a major role in a series of recent French crypto-related kidnappings, including that of Ledger’s co-founder, has been arrested in Morocco.
The suspect, a French-Moroccan national, was reportedly found in possession of multiple bladed weapons and several mobile phones.
Details of The Arrest
According to a local media report, 24-year-old Badiss Mohamed Amide Bajjou was wanted by French authorities and the subject of a 2023 Interpol red notice. The announcement had been issued for charges related to the arrest, kidnapping, false imprisonment, or arbitrary detention of a hostage.
At the request of French authorities, Morocco’s national police and intelligence service apprehended Bajjou in the northern Moroccan city of Tangier. The country’s General Directorate for National Security confirmed the operation in an official statement.
“I sincerely thank Morocco for this arrest, which demonstrates the excellent judicial cooperation between our two countries, particularly against organized crime,” said French Minister of Justice Gérald Darmanin in a statement on X.
Last week, French authorities also charged 25 people, including six minors, in connection with a series of kidnappings and attempted abductions in the region.
In May, Interior Minister Bruno Retailleau held an emergency meeting with crypto industry leaders. The ministry later announced plans to improve the safety of individuals involved in the sector. The new measures include giving priority access to police emergency lines, home security evaluations, and safety briefings from French law enforcement.
Crypto-Linked Abductions
France has recently experienced several kidnappings and failed attempts targeting crypto executives and their families. One of the most recent incidents occurred on May 13 in broad daylight. Attackers allegedly tried to abduct the daughter and grandson of Pierre Noizat, CEO of French crypto platform Paymium.
This followed two successful incidents where victims were later released with missing fingers. Also in May, the father of a French crypto millionaire was abducted in Paris while walking his dog. The victim was later held for several days before being freed after a ransom demand of $7.8 million.
In January, David Balland, co-founder of crypto wallet provider Ledger, was forcefully taken from his home in central France during the early hours of January 21. The executive was then kept in captivity until a police operation on the night of January 22 led to his release. This case also involved a ransom of around $11.4 million.

Follow 🔥 Stay tuned for more updates 🚀😍🚀

Analysts say the BTC price is being met, perhaps even capped, by whales who've waited a long time to see the $100,000 threshold.
Key Takeaways:
Bitcoin has limped sideways despite record inflows from institutional investors and ETFs.
Vijay Boyapati thinks whales may be responsible for the price stagnation.
Whales will eventually satisfy their desire to sell at $100,000, at which point the price will break out and hit the next “magic number”.
Bitcoin has limped sideways since crossing $100,000 for the first time in December, despite record inflows from institutional investors and exchange-traded funds. This paradox has stirred debate in crypto circles.
Now, Bitcoin proponent and author Vijay Boyapati thinks he knows why: whales — large, long-term holders, typically owning more than 1,000 BTC [~$109 million at current values]. His answer is as simple as it is controversial.
“The simple truth is [that] $100,000 was a magic number for a lot of long-time holders, who happen to hold a huge fraction of the total liquid supply of Bitcoin,” Boyapati, author of “The Bullish Case for Bitcoin”, posted on X.
“The selling from these whales is easily enough to match the demand from ETFs and Saylor, and could for some time [sic],” he added, referring to Michael Saylor, the CEO of Bitcoin-focused firm MicroStrategy.

In other words, even with institutional money pouring in, the Bitcoin price is being met, perhaps even capped, by whales who’ve waited a long time to see the $100,000 threshold, only to decide it was time to cash out.
Bitcoin broke above $100,000 for the first time in December. A few weeks later, it hit $106,000, a record at the time, spurred by the election of Donald Trump as U.S. President and the prospect of improved crypto regulation.
The cryptocurrency soon plunged to $75,000 in April following Trump’s import tariff war against major U.S. trading partners, including China. On May 22, BTC reached a record high of $111,000 as trade tensions eased and U.S. inflation softened.
Until then, it had struggled to break past $100,000, remaining range-bound.
Investors have expected catalysts, including regulatory updates and corporate treasury investments, to drive Bitcoin prices higher.
Since January, the number of Bitcoins held by public companies has climbed more than 30% to 819,374 BTC, valued at $89.7 billion, according to Bitcoin Treasuries. That’s about 4% of the total Bitcoin supply.
Meanwhile, total inflows into exchange-traded funds that track the BTC price surpassed $44.6 billion as of Jun. 9, per SoSoValue data. The ETFs, praised as a coming of age for Bitcoin, are the fastest-growing in history.
Bitcoin Monetization or Manipulation?
In his post, Boyapati rejected the idea that “paper Bitcoin” — derivatives that don’t involve direct BTC ownership — or whales as passive profit-takers or deliberate manipulators, were suppressing the price of Bitcoin.
Instead, he argues that the selling pressure from whales must be “celebrated” as a necessary redistribution of Bitcoin wealth from early proponents to new buyers, including institutional investors like BlackRock and Fidelity.
“The process of monetization involves the distribution of a new monetary good among the population,” Boyapati wrote. “This cannot happen without whales letting go of their long-held coins.”
Tracy Jin, chief operating officer at crypto exchange MEXC, said any asset that intends to evolve into a macro store of value must eventually broaden its ownership, telling Cryptonews:
“What is different this time is that the buyers stepping in are institutional investors with the capital and patience to hold longer-term. These dynamics represent the sign of a maturing market that adds depth, resilience, stability, and credibility to Bitcoin as a global financial asset.”
On-chain data shows that the $100,000–$110,000 range had “triggered increased profit-taking among long-term holders,” according to Matteo Greco, senior associate and analyst at Vancouver-based crypto services firm Fineqia.
Speaking to Cryptonews, Greco said, “Metrics such as realized profit by holding age show that recent selling pressure has largely been driven by these investors locking in gains.”
To make the point, he compared profits from long-term holders and short-term holders. Greco found that in the past 30 days, long-term holders had over $1 billion in realized profits compared to $350 million for short-term holders.
That’s almost three times as much profit for whales, he says.
“This suggests most of the recent selling stems from those who acquired Bitcoin at much lower prices and are now capitalizing on attractive levels.”
ETFs Conundrum
While exchange-traded funds have brought billions of dollars in new demand for the flagship cryptocurrency, Greco questioned whether the inflows are as bullish as they appear.
“It’s important to note that inflows into Bitcoin spot ETFs do not necessarily represent fresh capital,” the Fineqia analyst said, adding:
“Institutional investors often employ delta-neutral strategies, buying spot ETF shares while hedging through derivatives such as options. This approach enables them to generate returns while maintaining a market-neutral stance.”
Bloomberg senior analyst Eric Balchunas believes that exchange-traded funds are not to blame for Bitcoin’s price stagnation.
“This is not ETFs doing, obviously because they buying like crazy lately (sic),” Balchunas wrote on X, in response to a recurring query on why record ETFs inflows had failed to spark a corresponding rally in BTC.
“It’s Bitcoin holders selling or leveraged flushers or whatever,” he averred. “Time and again exchange-traded funds go on flow-a-thons and its met with selling from other holders.”

What Comes Next for Bitcoin?
According to Boyapati, the Bitcoiner, whales will eventually satisfy their desire to sell at $100,000, at which point the price will break out and hit the next “magic number”. This number, say $120,000 or $150,000, will become the new resistance.
“Do not fret about the sideways grind,” he says. “Just know that under the hood the process of monetization of Bitcoin continues unabated.”
Boyapati’s assessment aligns with data from Glassnode, which shows that while some coins are on the move, “a significant portion of the early Bitcoin supply remains intact” – about two million BTC in total.
According to the data, the share of Bitcoin’s realized capitalization, or realized cap, held by coins aged over 10 years has declined from 0.045% to 0.033% over the past year. The steepest drawdown occurred between December and February, followed by a renewed decline since April 20.
Realized cap measures the value of all Bitcoin coins in circulation based on their price at the time they were last moved.
Glassnode says the data shows “that even decade-old holdings are being spent, and not all supply from that era is lost or vaulted.”
It said of the 3.4 million BTC not moved since 2010, around 1.4 million BTC is likely lost. The remainder — about 2 million BTC — is still held under deliberate custody by entities with strong conviction or long-term strategic intent.
Jin, the MEXC exchange COO, said Bitcoin’s long-term upside potential remains intact despite recent market volatility.
“The growing presence of ETFs, corporate treasuries, and sophisticated institutions adds a level of liquidity and durability to the market that previous retail-driven cycles lacked,” Jin told Cryptonews.
She is targeting a price of $150,000 by the fourth quarter of this year, but only “if macroeconomic conditions trend favorably and geopolitical uncertainty subsides.”

#BTCnews2025 #NewsUpdated

Follow 🔥 Stay tuned for more updates 🚀😍🚀

#NewsUpdated

By laying the legal groundwork for its central bank to optionally hold crypto in national reserves, Ukraine signals a cautious yet forward-looking embrace of digital assets as part of future monetary strategy.

Ukraine lawmakers have introduced a draft bill that could allow the country’s central bank to include Bitcoin and other crypto in its national reserves.
The bill, submitted on June 10, was put forward by a group of Members of Parliament led by Yaroslav Zheleznyak from the Holos party.
It proposes amendments to the law “On the National Bank of Ukraine,” specifically to permit the National Bank of Ukraine (NBU) to hold virtual assets alongside gold and foreign currencies.
Ukraine’s Central Bank May Soon Hold Crypto — If It Chooses To
The draft law, registered as bill No. 13356, does not require the central bank to invest in crypto. Instead, it gives the NBU the option to do so at its own discretion.
Decisions about whether to allocate reserves into digital assets, such as when, how, or how much, would remain entirely with the bank.
“Under this draft law, we authorize the National Bank of Ukraine to include virtual assets in the country’s reserves,” Zheleznyak said.

“However, decisions regarding the timing, method, and volume of such inclusion are left entirely to the discretion of the central bank.”

The proposal marks a notable shift in Ukraine’s stance toward integrating digital assets into its financial framework. Although the bill does not mandate the use of crypto in reserves, it creates a legal foundation for the NBU to act if it chooses to in the future.
“If [the National Bank] doesn’t want to invest in crypto, it doesn’t have to,” Zheleznyak clarified.
The draft bill reflects broader interest among Ukrainian lawmakers in aligning the country with global trends in financial innovation. Zheleznyak said a state-backed crypto reserve could support macroeconomic stability and help drive the growth of Ukraine’s digital economy.
“Proper management of crypto reserves will help strengthen macroeconomic stability and create new opportunities for the development of the digital economy,” he wrote on Telegram.
In a video discussion with Binance’s regional head for Central and Eastern Europe, Kirill Khomyakov, Zheleznyak highlighted growing international interest in crypto as a reserve asset.
He pointed to countries like the United States, El Salvador, Switzerland, and Brazil as examples of jurisdictions moving toward strategic digital asset holdings.
The bill has been submitted to Ukraine’s parliament, the Verkhovna Rada, and is now awaiting further consideration.
If passed, it would position Ukraine among a small but growing group of nations exploring crypto’s role in sovereign monetary policy.
Ukraine Finalizing Crypto Legalization Bill Amid Plans for Strategic Bitcoin Reserve
Ukraine is preparing to take another major step toward integrating crypto into its national financial framework.
Following the central bank’s move to potentially hold Bitcoin in its reserves, lawmakers are now pushing to legalize cryptocurrency use nationwide by mid-2025.
The draft legislation, expected to be submitted after the New Year, has been developed with input from the National Bank of Ukraine and the International Monetary Fund.
It proposes a regulatory and tax framework that treats crypto assets similarly to securities, profits would be taxed only upon conversion to fiat, with no exemptions granted for digital asset transactions.
Danylo Hetmantsev, head of the parliamentary Committee on Finance, Tax, and Customs Policy, said the bill is nearly ready for its first reading.
While some regulatory details, such as financial monitoring mechanisms, are still under discussion, Hetmantsev stated that the core of the bill is complete and on track for approval in the first quarter of the year.
Meanwhile, Ukraine’s ambitions extend beyond regulation. Lawmakers are also drafting legislation that would enable the country to establish a strategic national Bitcoin reserve.
Yaroslav Zhelezniak, deputy head of the finance committee, confirmed the bill is in its final stages and will soon be introduced.
If passed, Ukraine would become the first European country to officially hold Bitcoin as a state asset, a move that could position the nation as a leader in institutional crypto adoption.

Follow 🔥 Stay tuned for more updates 🚀😍🚀

$BTC

#NewsUpdated #cryptonewstoday $ETH
"All eyes are now on [the] US inflation report. While markets are pricing in a moderate uptick, a higher-than-expected reading could trigger increased volatility across risk assets, including cryptocurrencies," says Ruslan Lienkha, Chief of Markets at YouHodler.
The crypto market has seen another rise today, with nearly all top 100 coins recording a price increase over the past 24 hours. The cryptocurrency market capitalization has decreased by 1% to $3.58 trillion. The total crypto trading volume is at $138 billion, the highest we’ve seen in several days.
TLDR:
The market records another increase, sentiment turns bullish;
BTC is moving towards testing a new all-time high;
ETH is among the day’s best performers, may see additional gains;
Crypto and TradFi are focused on the US-China trade agreement and the US inflation report;
US spot BTC ETFs record $431 million in inflows, spot ETH ETFs continue 17 days of inflows;
Sygnum warns that Strategy’s holdings are “approaching a point where they become problematic”;
The rally seems sustainable, but the investors stay focused on the heated macroeconomic and geopolitical events.
Crypto Winners & Losers
Like yesterday, all top 10 coins per market cap have seen their prices increase over the past 24 hours.
The world’s top coin, Bitcoin (BTC) has risen by just 0.3%, meaning it’s unchanged in this timeframe, now trading at $109,531. This is also the smallest increase in this category.
Ethereum (ETH) has recorded another notable rise. It’s up 4.6% to the price of $2,798.
The category’s highest gainer is Dogecoin (DOGE), which is now up 5.4%, changing hands at $0.2013.Moreover, looking at the top 100 coins, we find that only seven are down. Bittensor (TAO) fell the most among these: 3.1% to $421.
Uniswap (UNI) noted the highest increase today, as it appreciated 18.1% to $8.41.
Six other coins recorded double-digit increases.
Investors, both crypto and TradFi, were focused on the US-China discussions in London for the past two days, where participants addressed tariffs and restrictions on shipments of key products, such as rare earth minerals and chips. On Tuesday, the parties said they agreed on “a framework” on both issues, though the specifics remain unclear.
Moreover, Wednesday morning in the US will see the consumer price index for May, which will indicate how tariffs are affecting inflation.

Meanwhile, Sean Dawson, Head of Research at the onchain options AI-powered platform, Derive.xyz, argued that prices surged after the US Securities and Exchange Commission (SEC) announced exemptions for DeFi projects. ETH is “the big winner as it paves the way for rapid expansion.”
Sebastian Pfieffer, managing director of Impossible Cloud Network, noted that Ethereum works to comply with European laws, but that “now it’s Europe’s turn to embrace decentralization, rather than putting unnecessary roadblocks in place.” This way, “Europe can be free of US political control over its cloud infrastructure,” he says.
All Eyes on US Inflation Report
Ruslan Lienkha, Chief of Markets at YouHodler, said that there is a strong possibility for BTC to hit a new ATH soon. The price currently stands just a few percentage points below its previous peak. “Broadly speaking, financial markets remain optimistic,” he says.
“However, the risk of a reversal remains, particularly if upcoming economic data disappoints. All eyes are now on [today’s] US inflation report. While markets are pricing in a moderate uptick, a higher-than-expected reading could trigger increased volatility across risk assets, including cryptocurrencies.”
Derive.xyz’s Sean Dawson commented that, despite the recent uptick in price, BTC implied volatility still hovers around its lowest levels this year. He explains that this could indicate “significant mispricing, offering traders opportunities to access cheap upside leverage or downside protection.”
Dawson says that the muted response of implied BTC volatility despite the price rise suggests “a potential disconnect between market pricing and underlying risk. This presents a strategic window for traders to capitalize on relatively low-cost options, enabling efficient positioning for either further upside or potential downside in BTC.”
Levels & Events to Watch Next
At the time of writing, BTC trades at $109,531, still nearing the all-time high of $111,814, which it hit on 22 May. The coin tested the $110,200 yet again today, reaching the intraday high of $110,237, but failed to maintain it. That said, should it break the ATH again, it will proceed to test the key resistance levels of $115,103 and $118,358.In the same period, Ethereum hit an intraday high of $2,821, seeing a minor pullback since, but gradually climbing on a daily basis. The coin broke the resistance level of $2,720, suggesting additional increases to follow.
Sean Dawson commented that ETH volatility has jumped nearly 5% to 70% for 7-day volatility. It’s also holding at 66% for 30-day volatility. This means that daily ETH price moves “could be approximately twice as large as BTC’s,” he argued.
Moreover, the crypto market sentiment keeps climbing after entering the greed zone yesterday. Crypto Fear and Greed Index stands at 65 today, indicating increasingly bullish sentiment and investors continuing to buy in.
Meanwhile, US BTC spot exchange-traded funds (ETFs) saw a net inflow of $431.12 million on Tuesday. BlackRock’s $336.74 million contributed the most to this amount. The total net inflow so far stands at $45.06 billion.
At the same time, US ETH spot ETFs have recorded seventeen consecutive days of inflows, adding another $124.93 million. BlackRock leads this list again with $80.59 million on 10 June. Overall, Ethereum investment products have seen a cumulative total net inflow of $3.5 billion.
Meanwhile, Bitcoin is continually seeing a rising investor interest, with over 80 publicly traded companies now holding BTC. However, some have raised red flags.
According to the latest report by the global digital asset bank Sygnum, “large concentrated holdings are a risk for any asset.” At this point, Strategy’s holdings are “approaching a point where they become problematic, with the company holding close 3% of the total Bitcoin ever issued, but a much higher share of the actual liquid supply.”
The company aims to acquire 5% of the total issued BTC. This “raises concerns.” Firstly, these vehicles amassing too much of the supply undermine Bitcoin’s safe haven properties. Secondly, private corporations controlling a large portion of the existing supply would make BTC inappropriate for central banks to hold as a reserve asset, Sygnum warns. Finally, a plunge in the liquid supply will also deter large institutions.
Quick FAQ
Why did crypto move with stocks today?
Both the crypto and stock markets have increased in the last day, though crypto’s increase is notably higher. For example, the S&P 500 has increased by 0.55%, the Nasdaq-100 is up 0.66%, and the Dow Jones Industrial Average rose by 0.25%. Stocks are up for three days straight, and today, they’re expected to react to the agreement reached during the US-China trade talks.
Is this rally sustainable?
The positive market sentiment keeps powering the current two-day rally. Analysts see the market moving higher, but they do warn traders and investors to keep an eye on macroeconomic and geopolitical events.

Follow 🔥 Stay tuned for more updates 🚀😍🚀

#NewsUpdated $SOL
The SOL/ETH pair is flashing a bearish technical signal. However, both SOL and ETH are posting bullish setups on their respective USD pairs, suggesting a neutral consolidation could follow.
Solana is forming a textbook cup-and-handle pattern on the 3-day chart, with a breakout target near $267, implying a potential 60% upside from current levels around $165.

This setup is historically known to precede continuation rallies and marks a strong vote of confidence for bulls.
Ethereum, meanwhile, is breaking out of a large inverse head-and-shoulders structure. If confirmed, this classic bullish reversal could send the ETH price toward $3,800 — a roughly 50% gain from its current price near $2,767.

In short, both assets look poised to rally versus the US dollar. However, when compared head-to-head, these setups suggest the SOL/ETH pair may consolidate sideways, with neither asset significantly outperforming the other in the short term.

Follow 🔥 Stay tuned for more updates 🚀😍🚀

#news #NewsBitcoin #NewsUpdated
In the US, lawmakers are opening up to cryptocurrencies. A new draft law aims to create legal certainty for developers, nodes, and DeFi, while the securities regulator SEC, under its new chairman, seeks to adapt regulation to crypto—rather than forcing crypto to adapt to it.
At its core, the legal situation is clear: anyone who custodies cryptocurrencies like Bitcoin on behalf of others is considered a financial service provider and is regulated accordingly. Those who don’t perform this function remain unregulated. There is a broad global consensus on this point.
However, some important questions remain troublingly unanswered in detail: What about developers who, like those working on Tornado Cash or Samourai, write software that protects privacy? What about operators of nodes, especially for Lightning, and miners or validators? What about those providing liquidity on decentralized finance (DeFi) markets?
The Clarity Act, currently being discussed in the US House of Representatives, seeks to establish legal certainty in such cases. It introduces the concept of a „non-controlling“ actor. This refers to individuals who write code or help other users self-custody coins and tokens, and therefore should not be treated as financial service providers. As a result, such lawsuits against developers would be preempted.
Furthermore, the law exempts a range of DeFi applications from oversight by the CFTC as long as there is no evidence of fraud or manipulation in these systems. Additionally, operators of nodes, oracles, and liquidity providers—such as those in DeFi pools—are not required to register and remain unregulated.
Essentially, the legislation affirms existing practices that are already common but do not yet enjoy legal protection. Individual lawsuits, such as those against the developers of Tornado Cash or Samourai, as well as against DAOs, illustrate the legal uncertainty that can come with this.
By providing clarity on these issues, the Clarity Act gives wallet developers, DeFi founders, node operators—including those on Lightning!—and liquidity providers legal security. In this respect, it represents a major step forward.
The Clarity Act also represents the currently favorable climate toward crypto in the US. This is further illustrated by statements from Paul Atkins, the new chairman of the securities regulator SEC.
Self-custody as a Fundamental American Value
Atkins delivered a speech at the SEC’s „Crypto Task Force roundtable on Decentralized Finance (DeFi)“ titled „DeFi and the American Spirit“.
During his remarks, he made it clear that „voluntary participation in a proof-of-work or proof-of-stake network as a miner, validator, or staking-as-a-service provider does not fall under the federal securities laws.“ This remains the status quo, which, however, has not previously enjoyed legal certainty. Now, at least from the SEC’s perspective, it is clear that miners and validators are not subject to regulation.
Atkins also advocates strengthening the idealistic core of Bitcoin and crypto—self-sovereignty. „I support allowing market participants greater flexibility to self-custody crypto assets, especially when intermediaries impose unnecessary transaction costs or restrict the ability to stake or otherwise participate in on-chain activities.“
Self-custody, Atkins noted, is a fundamental American value.
Regulating New Ideas with New Rules
At the same event, SEC Commissioner Mark T. Uyeda explained how the SEC intends to regulate DeFi: Approaches so far have been non-transparent and discouraging for founders. The Crypto Task Force aims to change this, as its mandate is to provide answers to many pressing questions.
„The SEC is committed to high-quality regulation. This takes time,“ he urges the market for patience. He is still uncertain what the ideal regulation should look like, „but the path begins with seeking input from the public.“ The process will be frustrating and arduous, but „by learning from DeFi innovators, we have a better chance of regulating securities transactions in DeFi and protecting American investors when they use decentralized services and products.“
Uyeda sees DeFi as „a new landscape of opportunity. People can transfer directly with one another, without relying on banks or other central intermediaries.“ The SEC should not shy away from „supervising new ideas simply because those ideas require thinking outside the existing framework.“
The traditional basis for regulatory oversight has assumed the existence of numerous intermediaries. According to Uyeda, the SEC must now break away from this assumption to provide an appropriate response to the regulatory challenges of DeFi.
This would indeed mark a radical change of course. While crypto has so far been regulated according to the standards of legacy finance, the SEC now wants to adapt regulation to the unique nature of crypto itself. One can only hope that this new perspective will be adopted internationally.

Follow 🔥 Stay tuned for more updates 🚀😍🚀

#NewsUpdated $ETH
Ethereum price jumped above $2,800.
ETH is posting gains amid altcoin season chatter and as regulatory clarity approaches.
With the market sentiment positive, ETH bulls could likely reclaim $3,000 as they eye a breakout.
Ethereum (ETH) price has returned above $2,800 after gaining over 4% in the last 24 hours.
The leading altcoin hit an intraday high of $2,832 across major crypto exchanges, with these gains coming amid a robust spike for altcoins.
Market sentiment was also positive after Securities and Exchange Commission Chairman Paul Atkins commented on cryptocurrencies and decentralized finance.
While the price of Ethereum was hovering around $2,769 at the time of writing, it remained up 3% in 24 hours and with a daily volume of $32.5 billion.
The metric showed a 28% increase in the last 24 hours.
Ethereum Price Rides New Sentiment Above $2,800
The price of Ethereum, the largest altcoin by market cap, has jumped from a low of $2,399 on June 6, 2025, to reach highs above $2,832.
The move saw ETH rise to its highest level since February, while Bitcoin retested the $110,000 level .
Macroeconomic tailwinds and the lull in the US-China trade war have contributed to this bullish action for ETH.
Also likely playing a bullish catalyst role is the statement released by SEC Chairman Paul Atkins on DeFi and cryptocurrencies.
With Ethereum the leading decentralized finance ecosystem, Atkin’s remarks during the agency’s Crypto Task Force roundtable have sent bulls into a tailspin.
As analysts have pointed out, regulatory clarity is a key factor in the market, and the SEC’s ongoing pursuit of ensuring that happens has garnered much praise across the cryptocurrency spectrum.
Ethereum Price Prediction
According to QCP analysis, Ethereum is likely to rally in the coming weeks and months due to various tailwinds.
In a post on X, analysts say that Ethereum has seen market sentiment around it turn positive in recent months.
“ETH is quietly catching up with the market narrative. Implied volatility has increased, options bias has turned bullish, and perpetual funding rates remain elevated,” they noted on X.
One of the indicators of increased attention on ETH is the inflow of funds traded on spot exchanges.
Last week, Ethereum spot ETF inflows hit $281 million.
“Macro tailwinds are rising for $ETH . The GENIUS Act is progressing through the US Senate, Circle’s IPO is back in the spotlight, and stablecoins are gaining regulatory clarity.
Ethereum’s role as an infrastructure layer for real-world assets is gaining serious traction,” QCP added.
Ethereum gains see bulls swinging in key price range.
According to analysts at Glassnode , ETH is trading close to the base price range of $2,700 to $2,7600.
If the price holds above this range, the bulls could target $3,400.

However, if ETH bears were to drop below $2.7k, they might look at revisiting $2,400.
Recent lows of $1,800 are likely if negative sentiment kicks in to scare away buyers.

Follow 🔥 Stay tuned for more updates 🚀😍🚀

#NewsUpdated $ETH $SOL
Ethereum ($ETH ) and Solana ($SOL ) are witnessing continuous price surges. As per the new market statistics, the rising investor interest has led to 3.77% and 4.34% increases in the prices of Ethereum and Solana over the past 24 hours. Hence the present outlook of both the prominent crypto assets increases optimism about the future price actions in their prices.
Ethereum ($ETH ) Price Analysis
Ethereum ($ETH ) is presently changing hands at $2,789.68, highlighting a 3.77% increase during the past twenty-four hours. In addition to this, the market capitalization of the top altcoin accounts for $336.77B. Simultaneously, the 24-hour trading volume of the crypto asset has also reached the $34.43B, denoting a 4.23% surge.
Along with that, the 7-day price performance of the flagship altcoin signifies a 6.44% rise. In the same vein, over the past month, Ethereum ($ETH ) has recorded an 11.34% dip in price. In this respect, the recent price upsurge is a sign of robust market resilience. Hence, the market onlookers and traders will keep a keen eye on Ethereum’s further price progression in the coming days.
Solana ($SOL ) Price Analysis
Just like Ethereum ($ETH ), Solana ($SOL ) is also displaying a bullish price trajectory. The current price of $SOL is $165.60, indicating a substantial 4.10% surge over 24 hour. Complementing this, the market capitalization of Solana accounts for $86.71B after a 3.79% increase. At the same time, the 24-hour volume of the crypto coin is $5.42B following a 42.87% spike. Additionally, the well-known cryptocurrency has jumped by nearly 5.80% over the past 7 days.
Nevertheless, when it comes to 1-month performance, Solana ($SOL ) has gone through a 6.10% decline in its price. Even then, the recent upward push in Solana’s price showcases the potential for a likely jump in the near term. Thus, the positive price progression of both the above-mentioned crypto assets underscores their continuous growth within the rapidly evolving crypto market.

Follow 🔥 Stay tuned for more updates 🚀😍🚀