• The Most Published News
Japanese firm @Metaplanet_JP doubled its Bitcoin holdings to 8,888 BTC through aggressive purchases totaling over $200 million, positioning itself among the largest public Bitcoin holders and exemplifying growing corporate treasury adoption. In tandem, @Strategy (formerly MicroStrategy) continued its accumulation, adding 705 BTC in the latest week, reinforcing the institutional preference for Bitcoin as a reserve asset.

• Current Market Trends
Bitcoin recently corrected near $104,000 following a 50% rally and faces consolidation amid US-China trade tensions and tariff uncertainties. While Bitcoin experienced minor outflows from digital asset investment products last week, Ethereum maintained strong momentum with $321 million in inflows continuing a six-week positive streak. Stablecoins showed surging adoption, with active addresses reaching 33.1 million and Circle's cross-chain USDC bridging volumes hitting an all-time high of $7.7 billion in May. Tron’s native token $TRX set new records with $121 billion in transfer volume, and Binance Coin ( $BNB ) surged 19% in May fueled by upcoming spot ETF optimism.

• Regulations and Policies
Singapore’s Monetary Authority mandated local crypto firms to cease overseas services without a DTSP license by June 30, 2025, with strict penalties for non-compliance, aiming to tighten cross-border crypto oversight. South Korea lifted its institutional crypto trading ban, enabling nonprofits and eventually listed companies to trade, reflecting a regulated integration of crypto into traditional finance. In the US, the Senate gears towards a vote on the GENIUS Act, poised to enhance stablecoin regulation with bipartisan support, incorporating consumer protections and enforcement mechanisms. However, the SEC faces criticism for inconsistent staking policies, creating regulatory ambiguities for Proof-of-Stake products. Hong Kong enacted the Stablecoin Ordinance to formalize compliant stablecoin frameworks, signaling global movement towards stablecoin legitimacy.

• Technology and Innovation
The @Ethereum Foundation restructured its core development team to accelerate Ethereum’s base layer scaling and improve user experience, focusing on enhanced blobspace for layer-2 rollups. @ConsenSys acquired Web3Auth to integrate seamless, Web2-style wallet logins into @MetaMask, aiming to reduce seed phrase-related user risks and boost onboarding. Tether launched XAUt0, a fully interoperable omnichain gold-backed stablecoin on the TON blockchain, expanding digital gold accessibility via LayerZero technology. Solana’s meme coin @Bonk_inu introduced a 'kill-to-earn' web and mobile game to enhance token utility and ecosystem engagement.

• Institutional Investor News
Institutional appetite remains robust with multiple major players deepening crypto treasury holdings. Metaplanet’s significant BTC accumulation and Strategy’s continuous purchases highlight corporate conviction in Bitcoin as a hedging asset. Hedge funds like Abraxas Capital profited through shorts amid market fluctuations, and BlackRock increased exposure to stablecoins via a 10% stake in @Circle’s IPO targeting $7.2 billion valuation. SharpLink Gaming completed a $425 million funding round to build the largest public Ethereum treasury, attracting participation from ConsenSys and others, signaling growing institutional interest in $ETH. Additionally, Nasdaq-listed Reitar Logtech announced plans to acquire up to $1.5 billion in Bitcoin to diversify its treasury and fuel global logistics expansion.

• Market Forecasts and Expert Opinions
Analysts anticipate Bitcoin stability near $100,000 with potential surge to $125,000 by June, backed by institutional buying, geopolitical liquidity injections, and positive technical indicators. Fundstrat’s Tom Lee projects Bitcoin reaching $250,000 by end-2025 and up to $3 million long term, citing fixed supply and rising global demand. Expert caution remains regarding near-term volatility due to macroeconomic risks like US tariffs and Fed policies. XRP forecasts are mixed, facing possible short-term declines but holding potential for major rallies if supportive catalysts like $XRP ETF approval materialize. Bank of America and Morgan Stanley warn of continuing US dollar weakness this year, favoring gold and Bitcoin as alternative stores of value amid tightening inflation and debt concerns.

• Security and Hacking News
June opened with significant security incidents, notably the Nervos Network’s Force Bridge hack resulting in $3.7 million in losses and a related $3 million theft via Ethereum and Binance Smart Chain assets laundered through mixers. Taiwanese exchange BitoPro suffered a delayed disclosure hack with $11.5 million stolen, reportedly impacting hot wallets amid system upgrades. These events reinforce ongoing vulnerabilities in hot wallet custody and cross-chain bridges. Additionally, Socket researchers detected malicious npm packages targeting Binance Smart Chain and Ethereum users, designed to siphon wallet funds fraudulently, underscoring persistent risks in blockchain developer ecosystems. Crypto treasury firms continue to face warnings about systemic risks from leveraged purchases and precarious equity premiums.

• Conclusion
Crypto investors are navigating a dynamic market marked by robust institutional accumulation, evolving regulatory frameworks, and technological strides, balanced against persistent security threats and geopolitical uncertainties. The record rise of DEX trading volume and corporate Bitcoin treasury expansions signal growing decentralization and institutional confidence. Regulatory clarity, especially in stablecoins and staking services, offers promising support for sustained adoption, though ongoing U.S.-China trade tensions and macroeconomic data releases suggest heightened short-term volatility. Security breaches emphasize the importance of cautious custody solutions and diversified risk management. Investors should monitor key price support levels, remain alert to regulatory developments like the GENIUS Act, and consider long-term institutional trends favoring Bitcoin and Ethereum while managing exposure amid market fluctuations.

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