#BigTechStablecoin #TrumpVsMusk #MarketPullback #CircleIPO #CUDISBinanceTGE $BTC $ETH $XRP

Here's a summary of recent crypto news, focusing on developments from the last 24-48 hours, given the current date of June 7, 2025:

Major Headlines & Market Movements:

* Spot Ether ETFs continue strong inflows: Spot Ether ETFs have seen a 15-day inflow streak, accumulating $837.5 million, accounting for approximately 25% of their total net inflows since their launch in July 2024. This suggests a growing institutional interest in Ethereum. (Cointelegraph, Cointelegraph)

* Bitcoin price fluctuations and predictions: Bitcoin has seen some volatility, dipping below $105,000 before a slight recovery. Some analysts suggest it could slump to $100K amid recent market sentiment, while others anticipate further gains, possibly driven by upcoming stablecoin regulations. (FXStreet, Cointelegraph, The Economic Times)

* Trump-related crypto activity: Donald Trump continues to be a prominent figure in crypto news. His "official memecoin" is being touted as a sentiment gauge, and Trump Media & Technology Group is reportedly advancing plans for a Bitcoin ETF under the Truth Social brand. There's also ongoing discussion about his pro-Bitcoin stance and potential impact on the market. (Cointelegraph, The Economic Times, The Independent)

* Gemini files for US IPO: The Winklevoss-founded crypto exchange Gemini has confidentially filed a draft statement to go public, indicating a heating up of crypto markets. (The Block, The Economic Times)

* Big Tech considering stablecoin adoption: Reports indicate that companies like Apple, X, Airbnb, and Google are exploring the adoption of stablecoins. This signals a growing interest in stablecoin integration into broader financial systems. (The Block, Cointelegraph)

Other Notable Developments:

* XRP seeing new allies and price rallies: Ripple's XRP has shown significant gains over the last year, with some reports noting a 300% climb compared to Bitcoin's 50% rally, and new allies emerging. (Forbes)

* Ethereum Foundation's treasury policy