Here are some of the latest crypto news today (June 25, 2025):
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🚀 Global & Local Crypto Highlights
Pi Network (PI) surged ~12.3% in the last 24 hours, reaching IDR9,900 (~USD 0.608). This surge was driven by speculation of a listing on major exchanges and excitement for the major update on June 28.
Polymarket, a prediction platform, is raising USD 200 million, placing it at a valuation of around USD 1 billion.
NYC Mayor Eric Adams criticized the Cuomo-era crypto policies, saying they hinder the industry's growth in New York.
Japan proposed classifying crypto as a financial product, a move that would allow ETFs and a flat 20% income tax rate.
Turkey imposed restrictions to prevent money laundering through crypto transactions, targeting illegal activities such as betting and fraud.
SOL Global Investments, a publicly traded company in Canada, is shifting its focus to Solana, changing its board composition and digital investment strategy.
The SEC under the leadership of Paul Atkins plans to make the US a global crypto hub, with clearer regulations and investor protections.
Market stability features: Bitget accessed the Sahyog portal in India, while Fiserv and Circle launched the FIUSD stablecoin interoperable with PayPal and Mastercard.
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📉 Today's Market Pressure
Bitcoin fell below USD 100,000 (≈USD 99,237), touching its lowest level since the weekend, while Ethereum dropped ~8.5%, driven by global geopolitical tensions.
However, a rebound emerged: Bitcoin returned to the range of USD 105–106K after news of a ceasefire in the Middle East and hopes for interest rate easing from the Fed.
This volatility was also reflected in altcoins like Ethereum, Solana, SUI, and DOGE which saw rallies of around +13%.
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📊 Some Data & Other Trends
The global crypto market capitalization increased to around USD 3.28 trillion.
CoinGecko reported that the trending crypto asset in Indonesia today is Verus (VRSC), trading around USD 2.27.
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