๐๏ธ Top Crypto News โ June 8, 2025
### ๐ก XRP Faces Legal Pressure But Shows Temporary Rebound
- XRP is in the spotlight as the SEC must file a status update by June 16. Without a settlement, Ripple might move forward with an appeal.
- Despite a 498M XRP whale transfer, **volume remains low**, indicating weak buying conviction behind the bounce.
๐ Verdict: Short-term volatility likely. Watch the $0.52 support zone and court updates closely.
### ๐ด Alex Protocol Hacked โ $8.3M Lost, But Full Compensation Promised
- The Bitcoin Layer-2 project **Alex** suffered an exploit worth **$8.3M**.
- The team pledged to **fully reimburse users** using its reserve fund.
๐ก๏ธ Community Impact: Trust shaken, but swift response limits long-term damage.
### ๐ข Ethereum Spot ETFs See Massive Inflows
- For 15 days straight, **spot Ethereum ETFs** have recorded inflows totaling over **$837M**.
- ETH price dipped to ~$2,457 (-6%) due to macro headlines involving Musk and Trump.
- Despite that, ETH remains structurally strong, fueled by the upcoming **"Pectra" upgrade** and major DeFi grants ($32M to AAVE and more).
๐ Takeaway: Strong institutional demand + tech upgrades = mid-term bullish.
### ๐ Dogecoin Nears 8 Million Wallets
- The meme giant **DOGE** is approaching **8 million holders**, according to on-chain data.
๐ฅ Sentiment Check: Popularity still high. Community strength keeps DOGE alive in the long run.
## โ๏ธ Summary Table
Topic
Impact
Key Insight
XRP legal updates
โ ๏ธ Volatile
Watch SEC vs Ripple moves
Alex Protocol exploit
โ Short-term risk
Full user refund announced
Ethereum ETF inflows
โ Bullish
$837M+ inflow over 15 days
ETH price dip
โ ๏ธ Temporary
Likely emotional, not structural
DOGE wallet growth
โ Positive
Still a strong retail base
๐ **Community Tip**: Be cautious with leveraged plays around XRP and ETH this week. Monitor unlocks, ETF inflows, and BTC's broader movement.
๐ฌ Whatโs your sentiment this week โ are you buying the dip or staying in stablecoins?
#CryptoNews #BinanceFeed #XRP #Ethereum #DOGE #DeFi #Web3
