• The Most Published News
Bitcoin remains a focal point with a well-known analyst projecting a new all-time high near $120,000 this month amid strong demand from traditional finance. Michael Saylor’s @Strategy continues aggressive BTC accumulation, having recently raised $1 billion via stock offering for further Bitcoin buys, underscoring growing institutional confidence. Meanwhile, @Circle's IPO has surged over 247% in market valuation, marking the first stablecoin issuer going public and signaling strong retail and institutional interest in stablecoin platforms. However, analysts debate the IPO’s timing as a potential near-term sell signal for Bitcoin.

• Current Market Trends
Bitcoin’s price holds stable around $106,000 despite domestic US tensions and geopolitical uncertainty. Technical analyses point to strong liquidity clusters near $106,700 supporting potential breakouts toward $109,000, yet caution persists with expectations for possible short-term corrections toward the $100,000-$104,000 range ahead of key US inflation data. Ethereum continues to outperform #Bitcoin with sustained spot ETF inflows surpassing $295 million weekly, signaling strong institutional appetite and contributing to @Ethereum’s price rebound near $2,540 resistance levels.
Digital asset investment products recorded a net inflow of about $286 million last week, led by Ethereum while Bitcoin funds saw mild outflows. Notably, altcoin whales recently offloaded sizable Ethereum and other altcoin holdings, causing short-term sell pressure but maintaining longer-term optimism on recovery.
Investor sentiment currently weighs cautious optimism amid macroeconomic uncertainties—strong upcoming US CPI data and Federal Reserve policy decisions in June remain key catalysts shaping near-term market direction.

• Regulations and Policies
Japan’s Senate passed amendments to the Payment Services Act creating a new, more flexible regulatory framework for crypto brokerages, introducing the 'intermediary business' category to spur innovation while instituting safeguards such as domestic asset retention to avoid collapses like FTX. The law is expected to come into effect in mid-2026.
In the US, Congressman Tim Burchett introduced HR 3798 to establish a national strategic Bitcoin reserve, signaling increasing institutional and governmental interest in integrating Bitcoin into federal asset management frameworks. Additionally, a revised Cryptocurrency Legal Clarity Act has been proposed to specify regulatory oversight between the SEC and CFTC, create provisional exchange registration, and enhance international cooperation to promote legal certainty in digital assets.
Hong Kong enforces strict licensing requirements for stablecoin issuers actively marketing to retail investors, aligning with broader global efforts to tighten stablecoin oversight. Meanwhile, US regulatory expectations include the Federal Reserve potentially easing its traditionally hawkish stance under new Vice Chairman Michelle Bowman, who has signaled innovation-friendly crypto oversight approaches.

• Technology and Innovation
Sony’s layer-2 blockchain, Soneium, launched a gaming incubator focusing on consumer and creator applications using the Optimism OP stack, aiming to bridge Web2 and Web3 for its 7 million users. This strategy lowers barriers for developer entry and accelerates blockchain adoption in mass-market industries like gaming.
The gaming sector’s behavioral data is emerging as a prime focus for AI training, with regulatory frameworks such as the EU AI Act encouraging ethical use. Innovations including zero-knowledge proofs are enhancing data privacy and consent, and studios are monetizing gameplay data using smart contracts and synthetic assets, signaling new revenue models and technological convergence between gaming, AI, and blockchain ecosystems.

• Institutional Investor News
Institutional firms continue expanding crypto treasury holdings across Bitcoin, XRP, and Ethereum. France’s Blockchain Group announced a €300 million capital raise with asset manager TOBAM to scale Bitcoin reserves substantially, marking Europe’s largest corporate Bitcoin treasury initiative. Separately, Japanese Bitcoin investment firm Metaplanet plans a $5.4 billion fundraising to increase BTC holdings from approximately 8,800 to 210,000 by 2027, reflecting a growing trend among corporations to accumulate Bitcoin aggressively.
Michael Saylor’s Strategy remains the largest known Bitcoin holder with 580,955 BTC and is actively raising funds to extend its position further. Galaxy Digital recently added over 1,000 BTC acquired from Jump, exceeding $100 million in fresh Bitcoin inflows in days, signaling vibrant institutional transaction activity.
Nasdaq’s application with the SEC to include $XRP, $SOL, $ADA, and $XLM in its cryptocurrency index ETF aims to broaden diversity beyond $BTC and $ETH, potentially enabling wider institutional exposure once approved.

• Market Forecasts and Expert Opinions
@ARKInvest’s @CathieDWood remains bullish on Bitcoin, projecting a 15-fold price increase over five years and viewing BTC as a resilient risk-on asset outperforming gold in the long term. Analysts also predict a short-term Bitcoin dip to near $100,000 followed by a rally toward $140,000+ by late 2025 or 2026, supported by technical patterns such as cup-and-handle breakouts and strong accumulation bases.
Market commentators note a brewing bubble around crypto company IPOs exemplified by Circle’s recent valuation surge, suggesting a potential liquidity event that could cause short-term volatility. Meanwhile, 10x Research highlights technical resistance levels for Bitcoin that will shape summer market trajectories, with Ethereum fundamentals showing signs of mixed momentum.
Wall Street banks, including Morgan Stanley and @JPMorgan, forecast prolonged US dollar weakness due to expected Fed interest rate cuts and slowing economic growth, reinforcing a global de-dollarization trend that benefits cryptocurrencies as alternative stores of value alongside gold. Citigroup anticipates multiple Fed rate cuts through 2024 and 2026, signaling a more accommodative monetary environment favorable to risk assets like crypto.

• Security and Hacking News
The US Department of Justice disrupted a North Korean crypto laundering scheme involving $7.7 million laundered through stolen US identities, revealing sophisticated state-backed cyber-financial operations aimed at evading sanctions.
A range of crypto security incidents emerged, including a major theft of over $8 million from the Korean DeFi protocol ALEX, which triggered deposit and withdrawal suspensions and trading warnings on multiple exchanges, with full compensation pledged by the ALEX team.
Cetus Protocol on Sui blockchain recovered from a massive $220 million exploit by freezing stolen funds, replenishing liquidity, and initiating community compensation efforts, exemplifying ongoing resilience in DeFi security responses.
Heightened concerns about physical security risks for crypto holders have led prominent community members to distribute seed phrases globally and hire private security as kidnapping threats rise internationally.

• Conclusion
Today’s cryptocurrency landscape reflects dynamic interplay between geopolitical shifts, regulatory evolution, technological innovation, and evolving investor strategies. The ongoing BRICS-led de-dollarization movement signals a potentially transformative phase in global finance, providing strategic opportunities for crypto as alternative monetary assets. Robust institutional accumulation of Bitcoin and Ethereum through major fundraises and ETFs confirms growing mainstream adoption, even as short-term price corrections are possible amid macroeconomic uncertainties.
Investors should monitor key US inflation data and Federal Reserve policy directions closely, as these will significantly impact market volatility and crypto price trajectories. Heightened security risks underline the importance of rigorous personal and corporate crypto asset protection. Regulatory developments present both challenges and opportunities, requiring adaptive strategies in diverse jurisdictions.
Given current trends, retail investors may consider maintaining exposure to leading cryptocurrencies like BTC and ETH for potential medium- to long-term gains while exercising caution with speculative IPO-related stocks and altcoins. Diversification alongside vigilant risk management remains prudent as market conditions evolve.

Daily crypto market update is an AI summarization of important news published in major crypto media in the last 24 hours at the time of sending. The full news story can be found at the URL below.
http://ns3.ai/top-news