🚀 Major movements in the market:
🔥 Bitcoin (BTC) hits a new all-time high as global cryptocurrency markets saw strong expansion in May, according to Binance Research's June 2025 report.
🔥 Bitcoin trades exceed $106,000, up about 0.8%, despite political tensions in the US such as the possibility of deploying the National Guard in Los Angeles.
💼 Institutional buying:
🔥 Michael Saylor's Strategy Inc. shows interest in buying more Bitcoin, their ninth consecutive week of purchases.
🔥 Issued a $1 billion strategy in preferred stock to finance further Bitcoin purchases.
📈 Ethereum and the rise of alternative currencies:
🔥 Ethereum jumped by ~44% in May, raising long-term price expectations to $5,500, especially with improvements from the Shanghai upgrade.
🔥 Pepe, BNB, and Ethereum have outperformed BTC over the past 30 days, led by Pepe (up 51%).
📊 Expanding the Nasdaq Crypto Index:
🔥 The Nasdaq Crypto Index has proposed the inclusion of XRP, Solana, Cardano, and Stellar, pending approval from the SEC before November 2, 2025. This will increase institutional flows.
🏛️ Regulatory and policy update:
🔥 The UK's Financial Conduct Authority is considering providing retail investors access to cryptocurrency ETNs, after a six-year ban.
🔥 Inside the United States, the regulatory landscape is changing: Democratic lawmakers are increasingly engaging with cryptocurrencies, although stablecoin regulation (via the GENIUS Act) remains controversial.
🔍 Market overview:
🔥 Bitcoin ~$106K, slight increase (~0.8%). Ethereum ~$2,527, up about 44% in May. Pepe (+51%), while BNB and Solana also outperformed BTC.