Here is a summary of the latest crypto news today (June 12, 2025):
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📉 Prices & Markets
Bitcoin has experienced slight pressure in the last 24 hours after a previous rally; it is hovering around US$108,000–110,000.
Ethereum has recorded a significant spike, rising about 14% in recent days, reaching a three-month high.
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🏛️ US Regulations & Policies
The US Senate has begun the process of approving the stablecoin bill “GENIUS Act”, after the House previously approved the regulatory framework for the crypto market – an important step towards national crypto regulation.
Notably: some big names like Michael Saylor have stated that Bitcoin could reach US$1 million even though it is currently in the high-level range.
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🌐 Geopolitics & Market Impact
Easing inflation tensions and talks of easing US-China tariffs have brought a breath of fresh air to the crypto market, supporting a continued rally, although some assets like BTC, ETH, and XRP have shown a “mute” response to the agreement.
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🏦 Ripple & XRP
Investors remain optimistic about XRP as the SEC case is still ongoing, and the legal situation could create opportunities for XRP spot ETFs to surge.
Embedded in global development: Ripple is expanding into Japan (supporting Web3 startups) and VivoPower is set to deploy US$100 million in XRP via Flare for treasury strategy.
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🐶 Altcoins & Meme Coins
Bittensor (TAO) has entered the ranks of rising AI cryptocurrencies, printing a local price of Rp8 million in Indonesia.
Samoyedcoin (SAMO) – a Solana-based meme coin – has gone viral again in the altcoin community.
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🤯 Criminal Cases
Two “crypto bros” in New York, John Woeltz and William Duplessie, have been charged with the brutal kidnapping of a crypto trader – including extreme torture to force them to hand over their Bitcoin wallet password.
This case highlights serious criminal risks associated with crypto wealth.
