Here are the most relevant daily news from the crypto world, updated as of June 11, 2025:
Bitcoin near record: Bitcoin rose 0.4%, trading around USD 109,500, close to its all-time high (~USD 112,000), awaiting the U.S. inflation data (May CPI). A CPI of 2.5% is expected compared to the previous 2.3%; a strong increase could halt the Fed and negatively impact the crypto market.
Bullish files for IPO: The exchange backed by Peter Thiel, Bullish (part of Block.one), discreetly filed an IPO application with the SEC, driven by the favorable regulatory environment under the Trump administration, after canceling a SPAC in 2021.
Digital euro vs. stablecoins: The ECB urges to accelerate the digital euro to compete with dollar stablecoins, which represent ~7% of the crypto market. Plans by Trump to create a strategic reserve of bitcoin are also highlighted.
“Crypto Bros” case: In the U.S., a raid was recorded at a mansion in Kentucky, accused of torturing to access a USD 28 million cryptocurrency wallet, following a private party valued at USD 1 million.
Australia shakes the market: Australian police arrested an alleged network laundering USD 190 million through cryptocurrencies, using a security company to channel funds into real estate properties.
Ether rally and institutional inflows: Ethereum rose 9.5% with record staking, reaching 34.8 million ETH, backed by institutional inflows, while Bitcoin continues to accumulate by conservative investors.
Data:
On June 10, Bitcoin briefly surpassed USD 110,500 and major altcoins rose up to 11% in anticipation of the CPI.
Technical data: BTC remains above its 50-day moving average, and the RSI is at levels indicating upward potential without immediate overbought conditions.