Bitcoin (BTC): Currently trading at $104,679, down slightly from its May 22 all-time high of $111,814.
Ethereum (ETH): At $2,596, experiencing a minor dip amid broader market fluctuations.
XRP: Holding at $2.20, with analysts noting potential for significant movement.
š° Top Headlines
šŖ Circleās $1.05B IPO Signals Institutional Confidence
Circle, the issuer of the USDC stablecoin, successfully raised $1.05 billion through an upsized U.S. initial public offering (IPO) by selling 34 million shares at $31 each, achieving a company valuation of approximately $8 billion.
š§¢ Trumpās Crypto Ventures Face Internal Disputes
A controversy has erupted within Donald Trumpās cryptocurrency ventures after a new website promoting an āOfficial $Trump Walletā was launched. Featuring Trumpās likeness, the site claims to offer a product for buying and selling cryptocurrencies, especially the $Trump coin, and highlights a partnership with crypto marketplace Magic Eden. However, Trumpās sonsāDonald Jr., Eric, and Barronāhave publicly denounced the project, asserting that neither the Trump Organization nor the family is involved.
š¬š§Nigel Farage Proposes Crypto Integration in UK Finance
At the Bitcoin 2025 conference in Las Vegas, Reform UK leader Nigel Farage pledged to spearhead a ācrypto revolutionā in Britain, announcing plans to integrate cryptocurrencies and digital assets into the financial mainstream. He unveiled the āCryptocurrency and Digital Finance Bill,ā which proposes a 10% capital gains tax on crypto and the establishment of a national bitcoin reserve within the Bank of England.
š® Emerging Altcoins to Watch
Sui (SUI): Despite a recent setback due to a hack on its primary DEX, Sui shows potential for recovery.
Pi Network (PI): Gaining attention for its innovative approach to mobile mining and user engagement.
Remittix: Focused on revolutionizing cross-border payments with blockchain technology.
š§ Industry Insights
The Investopedia Express podcastās latest episode delves into the Bitcoin 2025 Conference highlights, featuring insights from Vice President JD Vance and JPMorgan CEO Jamie Dimon on the evolving crypto landscape.