Here is a summary of other interesting and relevant crypto news as of June 20, 2025:
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🇮🇷 1. Massive Cyber Attack in Iran – US$100 Million Blocked
The Nobitex exchange in Iran experienced a large-scale cyber attack—estimated to have lost US$100 million in various cryptocurrencies such as BTC, ETH, and DOGE. This triggered a national internet blackout to curb the spread of the issue.
The group “Predatory Sparrow,” suspected to be linked to Israel, claims all assets on the exchange have been exposed.
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🇺🇸 2. US Senate Passes GENIUS Act for Stablecoin
The United States Senate approved the GENIUS Act, the first federal regulation for stablecoins in a 63–30 vote.
This regulation requires a 1:1 reserve, annual audits for major issuers, and provides protections for stablecoin holders' rights in case of bankruptcy.
Technology and retail friends like Visa, Mastercard, Meta, and Walmart are increasingly serious about supporting stablecoins as legal frameworks become clearer.
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📈 3. Bitcoin Suspected of Entering Risky June Pattern
Indodax Academy reports that Bitcoin is in the “Bull Market Support Band” zone (20- & 21-week EMA/SMA), but faces recent pressure around the price of US$94,500–96,500.
History from 2014 & 2018 shows early June often becomes a peak point before a bear market — a significant risk potential if prices fail to hold at that support.
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🌍 4. Overall Market Stable Awaiting Interest Rate Signals
The global cryptocurrency market capitalization is estimated to reach US$3.25 trillion, down about 0.4% in the last 24 hours.
Bitcoin is trading in the range of US$104,200–105,000, while Ethereum remains relatively stable around US$2,500.
Today’s biggest gainers: Sei (SEI), up nearly 12%; on the other hand, some altcoins are showing moderate corrections.
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💡 5. Interesting Altcoins in the Third Week of June
According to various sources:
Solana (SOL) & Ripple (XRP) show bullish momentum.
Layer-2 solutions like Solaxy/SOLX are catching attention through presales and potential technical breakouts.
