📉 Market Overview

Widespread downturn: 98 of the top 100 coins dropped in the last 24 hours, dragging total crypto market cap down ~6.1% to about $3.38 trillion, despite trading volume spiking to $168 billion .

Geopolitical impact: $BTC

Resilience in BTC/ETH: Bitcoin is hovering around $105k, near all-time highs, supported by institutional inflows and easing macro headwinds . $ETH

Ethereum recently endured a minor dip but rebounded thanks to renewed interest in its Layer‑2 ecosystem and 2.1 upgrade .

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🚀 Altcoins & Meme Coin Watchlist

Optimism (OP) dropped ~30%; technicals hint at a possible further slide toward $0.39 unless it finds solid support .

Cold Wallet Token (CWT) surged ~4900% and is being touted as a top June pick, alongside ETH, SOL, and AVAX $AVAX

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Meme coin mania is heating up: Arctic Pablo, Snek, Fartboy, Notcoin, and others are making waves amid a new meme-coin boom .

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⚖ Regulation & Institutional Moves

EU MiCA rollout: Gemini, OKX, and Crypto.com have received MiCA licensing in Malta; Coinbase is expected in Luxembourg. Broader EU regulators warn of a possible regulatory "race to the bottom" .

U.S. regulatory strides:

New Executive Order (June 6) focuses on AML, compliance, and transparency in crypto .

Solana ETF filings: Several providers (Canary Marinade, 21Shares, Bitwise) updated their Solana ETF proposals with the SEC—approval not imminent .

Stablecoin & crypto policy: The U.S. Senate is advancing the GENIUS Act (regulating stablecoins), and there’s momentum behind the CLARITY Act—expected to shape DeFi and SEC/CFTC boundaries .

Crypto IPO wave: Circle stock surged post-IPO (from $31 to ~$134), signaling a favorable window for crypto firms like Gemini, Kraken, Ripple, and Coinbase to consider public listings .

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💡 What to Watch

Market stress test: Continued market reactions to geopolitical risks, especially in the Middle East.

ETF approvals: Key milestones include Solana ETF progress and spot Ethereum ETF launches anticipated in July .

Stablecoin rules: Implementation of new regulation in the U.S. and EU could reshape stablecoin usage and oversight.

Altcoin catalysts: Keep an eye on Altseason signals—token unlocks (Arbitrum on June 16), updates across ecosystems like Solana, Cardano, Sui, and memecoin trends .