• The Most Published News
Trump Media & Technology Group is preparing to raise $3 billion via equity and convertible bonds to invest heavily in cryptocurrencies including Bitcoin.
Coinbase faces multiple class-action lawsuits after delaying disclosure of a significant user data breach tied to insider misconduct and ransom extortion, leading to a sharp 7.2% stock price drop and a $4.5 million UK FCA fine. Shareholders allege securities law violations and investor damages, compounding Coinbase’s regulatory scrutiny. MicroStrategy (now @Strategy) continues aggressive Bitcoin accumulation, recently purchasing an additional 4,020 $BTC for about $427 million, bringing holdings to over 580,000 $BTC despite ongoing class-action litigation alleging misleading investor communication.

• Current Market Trends
Bitcoin has reached new all-time highs above $110,000, buoyed by easing geopolitical tensions—most notably the US delay of tariffs on EU goods—and sustained strong institutional inflows, including $2.75 billion into U.S. spot Bitcoin ETFs last week. Despite short-term profit-taking by new whale investors and some pullbacks to $109,000, on-chain data indicates long-term holder accumulation continues, supporting a healthy market structure that may push Bitcoin toward $125,000 in the coming month and potentially $200,000 this cycle. Ethereum also shows strength, surging above $2,550 resistance amid increased smart contract deployments and institutional interest. Altcoins led by #Solana, #Avalanche, and #Hyperliquid’s $HYPE token have seen notable rallies, while $XRP faces caution with on-chain indicators warning of a possible near-term correction after a 385% rally.

• Regulations and Policies
The US Securities and Exchange Commission (SEC) Crypto Task Force is actively engaging with industry stakeholders, including Nasdaq and DeFi firms, discussing frameworks for tokenized securities and potential regulatory sandboxes. Congress is hastening legislation to clarify crypto market structures and stablecoin regulation ahead of an August deadline, with politicians debating proposals such as the GENIUS Act to impose stricter stablecoin oversight. Pakistan strengthens its crypto ecosystem through appointments and policy efforts, dedicating 2,000 MW of electricity to Bitcoin mining and AI centers while creating regulatory infrastructure. India’s crypto sector pushes for tax reforms amid softer government stances, seeking to reduce a burdensome 30% capital gains tax to bolster local trading.

• Technology and Innovation
Dubai has launched the Middle East’s first government-backed real estate tokenization platform, Prypco Mint, on the XRP Ledger, aiming to digitize $16 billion of property by 2033 and enable fractional investments for residents. Solana plans a significant consensus layer upgrade with the Alpenglow protocol to improve block finality and scalability for decentralized applications. In Bitcoin’s DeFi landscape, Bitlayer secured substantial support from major mining pools controlling nearly 40% of Bitcoin’s hashrate to enable advanced smart contracts via the BitVM paradigm without altering Bitcoin’s base protocol. Meanwhile, emerging projects like TeraHash aim to tokenize Bitcoin mining yields, reflecting growing innovation in mining incentive structures.

• Institutional Investor News
@Strategy remains the dominant institutional Bitcoin holder, adding over 4,000 $BTC in May despite facing lawsuits. Other notable corporate accumulation was reported from Al Abraaj Group in the Middle East and France’s Blockchain Group in Europe, while Asian firms such as DDC Enterprise and Remixpoint ramp up Bitcoin purchases, highlighting a global institutional adoption trend. Trump Media & Technology Group’s planned $3 billion crypto raise signifies high-profile entertainment and media sector entry into corporate Bitcoin treasuries. CoinShares reports record $3.3 billion weekly inflows into digital asset products, with Bitcoin leading capital inflows and institutional appetite intensifying amid rising macroeconomic risks.

• Market Forecasts and Expert Opinions
Market analysts and key crypto personalities are bullish on Bitcoin’s trajectory, with some forecasting prices exceeding $200,000 by late 2025 and up to $1 million by the early 2030s, driven by macroeconomic uncertainty, inflationary pressures, and expanded institutional adoption. On-chain technical indicators support continued bull market momentum, though moderate corrections and short-term profit-taking are expected. Experts caution about XRP’s elevated risk of a price correction after rapid gains. Economist commentary emphasizes Bitcoin’s growing role as a hedge against emerging structural inflation. Meanwhile, trading whales show mixed sentiment with leveraged positions on platforms like Hyperliquid contributing to volatility but overall market optimism remains high.

• Security and Hacking News
The crypto ecosystem witnessed major security incidents including the $223 million Cetus Protocol exploit on $SUI blockchain, attributed to a ‘math bug’ in smart contracts, prompting permanent freezing of $160 million in stolen assets and a $10 million security overhaul fund. The Inferno Drainer group exploited Ethereum’s EIP-7702 in a sophisticated $150,000 phishing attack via batch token authorizations without user warning. Additionally, millions were lost in advanced stablecoin phishing scams leveraging zero-value Ethereum transfers and address poisoning techniques that deceive users by spoofing transaction history. Hyperliquid, despite experiencing a social media security breach, maintained internal blockchain integrity.

• Conclusion
Today's crypto market reflects a complex blend of robust institutional engagement, technological innovation, and emerging regulatory clarity, driving Bitcoin and major altcoins toward new price heights. Notwithstanding ongoing legal challenges, notably for Coinbase and Strategy, investor confidence remains intact, bolstered by substantial ETF inflows and corporate treasury accumulation. Regulatory momentum in the US and key international markets suggests an evolving framework that will enhance market trust while balancing innovation and consumer protection. Security risks continue to underscore vigilance needs, with high-profile exploits and scams reminding investors of inherent ecosystem vulnerabilities. Retail investors are advised to monitor key support and resistance levels, diversify holdings prudently, and stay informed on unfolding regulatory and technological developments to navigate the dynamic 2025 crypto landscape effectively.

Daily crypto market update is an AI summarization of important news published in major crypto media in the last 24 hours at the time of sending. The full news story can be found at the URL below.
http://ns3.ai/top-news