#NewsAboutCrypto #BTCHoldings
# Summary of the Latest Crypto News on June 12, 2025 ๐๐ฐ
1. **US CPI Boosts Crypto** ๐
May 2025 US CPI rose 2.4% year-over-year, below the 2.5% forecast. Investors expect earlier Fed rate cuts, driving capital into risky assets like crypto.
2. **Circle IPO Surges** ๐
USDC issuer Circle soared 168% on its NYSE debut, with shares reaching $69. Stablecoin law prospects for 2025 fuel the rally.
3. **PayPal Expands PYUSD to Stellar** ๐ธ
PayPal announced $PYUSD integration on Stellar, alongside Ethereum and Solana, to enhance flexibility and liquidity.
4. **German Firm Accumulates Bitcoin** ๐ฉ๐ช
Evertz Pharma became the first German company to build a strategic Bitcoin reserve, acquiring 100 BTC worth โฌ10M.
5. **US Senator Backs Crypto** ๐ณ๏ธ
Senator John Thune pushes for mainstream crypto adoption via the GENIUS Act, aiming to make the US a โcrypto capital.โ
6. **Societe Generale Launches Stablecoin** ๐ฆ
Societe Generale debuted USD CoinVertible on Ethereum and Solana, marking the first major bank to enter the stablecoin market.
7. **Warning on โCrypto Kidnappingsโ** โ ๏ธ
Crypto-related kidnappings are rising, with โwrench attacksโ combining digital theft and violence. Investors urged to stay cautious.
8. **Ukraine Considers Crypto Reserves** ๐บ๐ฆ
Ukraine proposed a bill allowing its National Bank to hold Bitcoin in national reserves, alongside gold and foreign currencies.
The market may bounce back strongly! ๐๐
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