The Bit Journal

Once one of the most searched crypto projects globally, Pi Network is now seeing a huge decline in online interest and trading activity, a bad sign just weeks before Pi2Day on June 28. According to Google Trends, search interest for “Pi Network” has hit a 2025 low of 5. Trading volume for Pi Coin IOUs has also reportedly collapsed 97% since mid-May and the project is in a “visibility crisis”.

Search Interest Hits Record Low Despite Mainnet Milestone

Google Trends shows Pi Network’s popularity peaked in March after the mainnet announcement but has been plummeting since. The current score of 5 is even lower than pre-mainnet levels. This is a big red flag for any project claiming community scale.

“It’s not just about price anymore, it’s about visibility, developer traction and real user activity” said on-chain analyst Isha Qureshi. “The declining search volume is a red flag for any project”

This is the opposite of what was expected after the mainnet launch. The community is disengaging not reengaging. This begs the qustion: What’s the long term direction and execution of the project?

Pi Coin IOU Volume Craters 97%

The decline in visibility isn’t happening in isolation. Trading volume for Pi Coin IOUs, unofficial representations of Pi Coin used on external platforms has also collapsed. From a mid-May high of over $2 billion, daily volume is now $56 million as of June 4, a 97% drop.

Pi Network Pi2Day

Reports say traders are getting cautious as Pi Coin is not listed on major exchanges such as Binance and Coinbase yet and is in a closed ecosystem which limits liquidity and price discovery. The bearish market structure, combined with low volume, makes Pi vulnerable to further downside.

At the time of writing, Pi Coin is trading at $0.6171 near its lows. The 1-hour chart has been in a downtrend since April with no signs of reversal. RSI is at 33.51 and Bollinger Bands are narrowing, a classic sign of low volatility and further decline.

Even short term charts offer no respite. On the 5-minute chart, RSI dipped to 25.93 and bounced. MACD is negative across all timeframes and 1-minute chart is showing a minor bounce with RSI at 48.48 but volume is not confirming any buying.

Pi is in a volatility trap, says market analysts. Without strong volume and a fundamental catalyst, it will grind lower to the $0.62-$0.625 support zone which has already been tested multiple times.

Community Hopes Rest on Pi2Day But Will It Deliver?

Despite the current funk, some in the Pi Network community are holding out hope for Pi2Day, an annual celebration that coincides with Elon Musk’s birthday on June 28. This year’s Pi2Day is being hyped as a turning point, with whispers of mass migration and even rumors of a Binance listing.

“Hot rumor: Binance might list Pi Coin on Pi2Day,” wrote crypto account CryptoLeakVN on X. “If true, this could be a historic moment for Pi Network!”

But there has been no official word from Binance or the Pi Core Team. In a post to keep the optimism going, Pi Network Alerts said “big updates are coming” including mass migration, a feature that has been delayed multiple times.

However, internal concerns persist. Dimas Nawawi, a long time Pi contributor, said Pi Nodes are not ready technically, citing outdated protocol versions and limited selection of nodes for mainnet deployment.

“Only dozens of nodes are live out of more than 200,000 that are ready,” he said. “We need at least Protocol v20 for proper smart contract functionality.”

Nawawi also pushed back on a recent grassroots campaign for an immediate Global Conversion Value (GCV).

“We cannot rush this process,” he wrote on X. “GCV must come through actual development, not hype-driven pressure.”

Analyst Perspective: Momentum Must Be Matched by Delivery

For some analysts, Pi Network’s current situation is a warning about over-promising and under-delivering. While the project initially attracted tens of millions of users with its mobile mining model and app-based ecosystem, the lack of timely execution has eroded trust.

Pi Network Pi2Day

Pi Network was always a high-potential concept, but potential without delivery breeds stagnation. If Pi2Day fails to show tangible progress, like protocol upgrades or major exchange listings, it could be another missed opportunity.

Others say there’s still time to recover  but only if the Core Team delivers. The code must move, not just the community.

Conclusion: Where Does Pi Network Go From Here?

With just three weeks to go, Pi2Day is coming and the momentum is slipping away. The project needs to deliver more than hype. This could be in form of mass migration, smart contracts on Protocol v20 or a very much wanted Binance or Coinbase exchange listing. The clock is ticking on the Core Team. Until then Pi Network is at a fork, between promise and reality in a market that might have lost trust.

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FAQs

What’s the current price of Pi Network?

As of now, Pi Coin is trading at $0.6171, near its lowest of the year.

Why is the search interest in Pi Network dropping?The

Google Trends score is 5 in June 2025, after the mainnet launch.

What’s Pi2Day and why is it important?

Pi2Day is an annual event tied to Elon’s birthday, where the Pi community showcases updates. This year’s event will feature mass migration and potential exchange developments.

Is Pi Coin listed on Binance?

No confirmation from Binance or Pi Core Team yet.

Glossary

IOU (I Owe You): In crypto, an IOU is a tradable representation of a token not yet launched on public exchanges.

MACD: A trend following momentum indicator.

RSI (Relative Strength Index): A momentum indicator to measure overbought or oversold.

Mainnet: The main blockchain of a project where real transactions happen.

Protocol v20: A specific software version to support smart contracts and advanced features on Pi Network.

Sources

Google Trends

CoinMarketCap

CryptoLeakVN on X 

Dimas Nawawi on X

Read More: Will Binance Save Pi Network? Or Is This the Final Countdown?">Will Binance Save Pi Network? Or Is This the Final Countdown?

BlackRock has officially launched its Bitcoin ETF futures contract on the Moscow Exchange, marking a new step in crypto finance. The ETF, known as IBIT-9.25 (IBU5), is now trading under strict eligibility rules for qualified investors. The move comes as the fund’s assets under management exceed $70 billion, boosting institutional credibility.

Bitcoin ETF Futures Restricted to Qualified Investors

BlackRock’s IBIT-9.25 Bitcoin ETF futures contract began trading on June 4, 2025, on the Moscow Exchange. Based on current Russian securities laws, the product is available only to qualified investors. The exchange confirmed that brokers must verify eligibility until the new Spectra 8.3 system launches.

The ETF futures offer indirect exposure to Bitcoin’s performance through traditional financial infrastructure, not direct spot purchases. By allowing this product, the Moscow Exchange expands access to digital assets under regulated conditions. Trading operations for IBIT-9.25 follow the exchange’s standard futures procedures.

Bitcoin ETF Futures Restricted to Qualified Investors

 

The ETF’s underlying structure aligns with BlackRock’s U.S.-based spot Bitcoin product, which has seen global traction. Although access is limited for now, full verification via Spectra 8.3 begins on June 23, 2025. Until then, compliance responsibilities rest solely on licensed brokerage firms.

BlackRock’s ETF Gains Global Investor Attention

Institutional demand for Bitcoin ETF futures continues rising, with BlackRock’s ETF attracting attention beyond Western markets. The Moscow Exchange stated that the launch reflects growing institutional interest despite Russia’s cautious stance on digital assets. As global finance evolves, traditional exchanges are adapting to investor demand.

Russia has yet to legalize cryptocurrency trading on spot exchanges but permits indirect access through products like futures ETFs. This approach balances innovation with tight regulatory supervision to manage market stability and risk. The financial sector is moving carefully, yet steadily, into crypto territory.

BlackRock’s expanding global presence signals trust in Bitcoin ETF futures, particularly from established financial players. In Russia, investor participation is tightly controlled by the requirement for qualified investors. The fund’s $70 billion AUM reinforces its global influence in digital asset investing.

Crypto Privacy Concerns Rise in Russia

Russian investors face growing concerns over privacy and state surveillance of crypto transactions even with new market options. Authorities have warned that wallet ownership and transaction histories are accessible to enforcement bodies. This transparency reduces perceived anonymity in cryptocurrency dealings.

Olga Tisen from Rosfinmonitoring confirmed that brokers and exchanges must share crypto data with state agencies when requested. This aligns with national anti-money laundering laws and oversight strategies. As crypto access grows, regulatory scrutiny has become increasingly visible.

Crypto Privacy Concerns Rise in Russia

 

Russian investors must weigh the convenience of Bitcoin ETF futures against declining transaction privacy. With brokers disclosing customer data, user anonymity remains limited. Although no spot crypto exchange operates in Russia, authorities closely monitor existing digital asset activity.

FAQs

What is BlackRock’s IBIT-9.25 Bitcoin ETF futures contract?

It is a futures-based Bitcoin ETF launched by BlackRock, now available for qualified investors on the Moscow Exchange.

When did the IBIT-9.25 futures contract start trading?

The Moscow Exchange began trading the Bitcoin ETF futures on June 4, 2025.

Who can trade BlackRock’s Bitcoin ETF futures in Russia?

Only qualified investors, as defined by Russian securities law, can trade this product.

What does the exchange mention the Spectra 8.3 update?

Spectra 8.3 is a technical infrastructure upgrade that will automate investor qualification enforcement starting June 23, 2025.

Are crypto transactions private in Russia?

No. Authorities can access user data, and brokers must share it under legal obligations.

Glossary of Key Terms

Bitcoin ETF futures: A financial contract allowing investors to speculate on Bitcoin prices without holding the asset directly.

Qualified investor: An individual or institution meeting specific legal criteria to access high-risk or complex financial products.

Moscow Exchange (MOEX): Russia’s largest securities trading platform, offering equities, bonds, derivatives, and now Bitcoin ETF futures.

Spectra 8.3: An upgrade to the Moscow Exchange’s trading infrastructure, enforcing automatic checks on investor eligibility.

Rosfinmonitoring: The Russian federal agency responsible for financial oversight, including monitoring of crypto activities.

References:

X

Cointelegraph

MOEX

Cryptobriefing

Read More: BlackRock Brings Bitcoin ETF Futures to Russia: $70B Fund Hits MOEX">BlackRock Brings Bitcoin ETF Futures to Russia: $70B Fund Hits MOEX

According to AMBCrypto, Ethereum whale wallets now control $365M in ETH, pushing market sentiment toward a bullish trend as accumulation intensifies.

With Ethereum trying to move above the $2,830 level, experts and investors are closely watching to see if this whale activity could push the ETH price up to $3,400.

Currently, Ethereum is trading point of around $2,603.83. The 24-hour trading volume is $17.04B, backed by a market cap of $314.34B

Galaxy Digital’s Massive OTC Transaction Draws Attention

According to the AMBCrypto report, Galaxy Digital has recently carried out a large-scale over-the-counter(OTC) trade, transferring 108,278 ETH, which is worth $283 million, to wallet address 0x0b26.

How Ethereum Whales Scoop $365M: ETH to Break $2,800 3

Now this wallet holds 139,476 ETH, valued at $365 million. Since the OTC trades usually happen privately, this move is likely to show a plan for long-term holding and not for short-term gains.

In addition, Galaxy Digital withdrew 89,000 ETH, which is worth $233.5 million, from the exchanges in just 12 hours. This strategic move shows growing confidence from institutions in Ethereum’s future.

On-Chain Trends Reveal Whales Tightening Their Grip

Data from IntoTheBlock shows that Ethereum whales have raised their holdings by 2.34% over the past 30 days. At the same time, investors’ wallets also grew by 4.12%, while the retail holdings dropped by 1.37%.

This redistribution of ETH supply from small traders to high-net-worth entities is usually seen before a major bullish run in the market. 

Ethereum has seen a sharp rise in large transfers between $1 million and $10 million, rising by 143.47%, and transactions over $10 million soared by 285.71%, according to intoTheBlock.

On the other hand, micro transactions under $1 dropped a lot; this shows low interest from small traders, while Ethereum whales keep increasing their holdings.

Metrics Value Sources Current Price $2,607.47 CoinMarketCap 24h Trading Volume $18.04B CoinMarketCap Whale Accumulation $365M CoinMarketCap Whale Wallet Holdings 139,476 ETH Lookonchain Recent OTC Transaction 108,278 ETH Lookonchain Galaxy Digital Withdrawal 89,000 ETH  Lookonchain Price Target Ahead $2,750, $3,000, $3,400 FXStreet & CoinDCX

Exchange Reserves Dip as Breakout Pressure Builds

Ethereum’s Exchange Reserves are still going down, with a recent drop of 0.34%. This usually means that tokens are being moved into cold storage or personal wallets, often by Ethereum whales, which lowers short-term selling and supports a long-term bullish view.

Meanwhile, liquidation heatmaps from CoinGlass reveal many short positions that are gathered between $2,700 and $2,830. If the ETH price moves above this level, then it might trigger S short Squeeze and push buying momentum even higher.

Bullish Technical Pattern Aligns with Whale Strategy

On the technical side, there is a cup-and-handle pattern forming on Ethereum’s daily chart, and $2,830 is acting as the neckline. If Ethereum breaks this pattern, the price may surge to $3,400, matching the scale of recent Ethereum whale buying activity.

How Ethereum Whales Scoop $365M: ETH to Break $2,800 4

This structure, once confirmed, usually signals a pause before the next upward move. With trading volume holding steady and data showing strong accumulation by Ethereum whales, the condition appears set for an ETH price surge.

Conclusion 

All indicators are currently showing that Ethereum whales are getting ready for a big move in ETH price. They hold $365 million worth of ETH in private wallets, exchanges’ reserves are dropping, and a strong bullish pattern is forming.

If Ethereum breaks above $2,830, more buying could happen, but if it fails, then the price might pause. For now, Ethereum whales look sure about a price rise.

FAQs

1. How much ETH has the whale accumulated recently?

About $365 million worth of Ethereum.

2. Who made the recent large Ethereum transaction?

Galaxy Digital performed a high-value OTC swap with ETH.

3. How have whale ETH holdings changed recently?

Whale wallets gained 2.34% more ETH in just 30 days.

4. What does rising whale accumulation usually indicate?

Potential bullish market movement or price increase.

5. How have small trader ETH holdings changed?

Small traders are slowly stepping back, with a 1.37% drop in holdings.

Glossary

Ethereum-  Digital money powering smart apps and online contracts.

Whale- A big crypto player holding massive amounts of coins.

Galaxy Digital- A crypto investment firm making big trades behind the scenes.

OTC- Secret crypto deals done away from public markets.

Retail Traders- Everyday people buying or selling small amounts of crypto.

Sources

AMBCrypto

Tronweekly

Blockchain news

NFTevening 

Read More: How Ethereum Whales Scoop $365M: ETH to Break $2,800">How Ethereum Whales Scoop $365M: ETH to Break $2,800

Cardano (ADA), once hailed as a top altcoin challenger to Ethereum, is now facing renewed pressure as the Cardano price tumbles near critical support levels. After shedding more than 2.6% in just 24 hours and struggling below the $0.70 mark, analysts warn that a deeper crash may be imminent — unless ADA bulls regain control fast.

With ADA trading around $0.6758 as of June 5, 2025, investors are growing anxious. The coin has already dropped over 10% in the past two weeks, sparking questions about whether Cardano’s once-promising momentum is now fading in the face of macro headwinds and market fatigue.

“If ADA breaks below $0.65, we could be looking at a sharp fall toward $0.55 or even $0.50,” warned analyst Ryan Layfield of CryptoSlate. “And that would spell serious trouble.”

What’s Driving the Cardano Crash?

Several key factors appear to be converging, and none are particularly reassuring for bulls.

1. Technical Breakdown Signals Weakness

Cardano price recently lost support at the $0.70 level, which had acted as a psychological floor for months. Now trading below its 50-day moving average, ADA is exposed to a possible free fall unless new support emerges near $0.65.

Technical indicators like the Relative Strength Index (RSI) are trending toward oversold levels, suggesting that bearish momentum could intensify before relief is in sight.

2. Lack of Ecosystem Catalysts

Unlike Ethereum or Solana, which have enjoyed ecosystem expansions in recent months, Cardano price has seen relatively few major protocol upgrades or partnership announcements. This lull in developer activity and DeFi growth has weakened ADA’s case as a leading smart contract platform, at least in the short term.

“Investors are shifting attention to faster-growing chains,” said CoinDesk contributor Maria Park. “Without fresh narratives, ADA is becoming vulnerable to market rotation.”

3. Broader Market Uncertainty

ADA’s slump isn’t entirely isolated. The entire crypto market has seen mild corrections this week as investors digest mixed economic signals ahead of the upcoming U.S. jobs report. Risk sentiment is low, and high-beta altcoins like ADA tend to suffer the most during macro-driven pullbacks.

Cardano Price Forecast Table – Near-Term Projections

Scenario Price Target Timeframe Bullish Rebound $0.72 – $0.75 Next 7–10 days Neutral Sideways Movement $0.65 – $0.70 1–2 weeks Bearish Breakdown $0.50 – $0.58 Within 2 weeks

Can ADA Recover? Long-Term Outlook Remains Divided

Despite the near-term pain, some analysts believe this could be a healthy correction, especially if ADA consolidates above key structural levels.

Fundamentally, Cardano price continues to maintain a strong developer base and a loyal community. Ongoing work on Hydra scaling solutions and institutional use cases through IOG (Input Output Global) suggest that the long-term narrative isn’t broken — just paused.

However, the lack of short-term catalysts and a clear loss of momentum could lead to further capitulation if buyers don’t step in soon.

“The next few days are make or break for ADA,” said analyst Tom Bergeson. “If support doesn’t hold, it opens the floodgates to lower levels not seen since early 2024.”

Conclusion: Cardano at a Crossroads

Cardano price’s latest dip is more than just another market hiccup; it’s a potential red flag signaling a larger trend reversal. With technicals flashing warnings, sentiment shifting, and catalysts lacking, ADA now faces a defining test.

If the $0.65 support breaks decisively, a drop to $0.50 is not off the table. For investors, the next week will be critical in determining whether Cardano price  can reclaim its bullish structure or slide deeper into bearish territory.

FAQs

Why is Cardano (ADA) dropping?

Cardano price has broken key support levels, faces low developer momentum, and is affected by broader market uncertainty ahead of U.S. macroeconomic data.

What’s the key support for ADA right now?

$0.65 is the major support level to watch. A break below could trigger a fall to $0.50.

Is this a good time to buy ADA?

It depends on your risk profile. While ADA may rebound, a lack of short-term catalysts makes it risky in the near term.

Glossary

Support Level – A price level where a cryptocurrency tends to find buying interest strong enough to prevent further decline.

Resistance Level – A price ceiling that an asset struggles to break through due to strong selling pressure.

RSI (Relative Strength Index) – A momentum oscillator used to identify overbought or oversold conditions in the market.

Moving Average – A technical indicator used to smooth price data over a period of time to identify trends.

Sources

mitrade.com

coinpedia.org

Read More: Cardano Price Warning: Is ADA Headed for a Major Crash?">Cardano Price Warning: Is ADA Headed for a Major Crash?

Pi Network’s price drop and migration issues have created uncertainty, but some say $0.64 could be a buying opportunity in the crypto consolidation. As at the time of this writing, Pi Coin trades at $0.645, a $0.73% drop in the past 24hrs, following an 11% drop over the past week. The technicals are bearish and mainnet migration delays are testing the patience of its user base. However, some crypto researchers think the fundamentals and long term positioning could still be bullish if milestones are met.

Stuck in the Red but Key Levels Holding

Pi Coin is hovering around $0.6459 support after a steady decline that has seen the token fall below its 50 day EMA. Resistance is at $0.70 and $0.80 and with the RSI at 40, Pi is close to oversold territory which could trigger buying if sentiment improves.

However, without a reversal or meaningful news, the market is in limbo. Traders watching the charts are cautious, especially since the coin is still far from its earlier highs of over $3 during the speculative peak.

The mainnet migration delays are a recurring pain point. Reports say many users are still unable to access their tokens fully due to slow KYC approval and limited wallet transfers. These procedural hiccups have slowed down adoption and weigh heavily on short-term sentiment.

Pi Network Price

Analysts See a Bargain Zone

While bears are circling, not everyone is convinced the Pi story is over. Crypto researcher Kim Wong thinks $0.64 is a bargain zone. Wong notes that Pi is still top 30 globally by market cap despite the sharp decline in active community participation. He estimates 80% of early adopters have left the ecosystem but the remaining user base could benefit as infrastructure matures.

Wong says as more users complete KYC and migrate their tokens to personal wallets, the effective circulating supply will start to shrink. This is expected to stabilize the price and increase scarcity, a dynamic often seen during early stages of token network development.

What Will Trigger the Next Rally?

The Pi Network team just announced a $100 million fund to accelerate DApp development on mainnet. This could be the foundation to bring real utility to the network and attract developers if deployed transparently and on time.

Analysts see three catalysts that could change Pi’s narrative: new DApp onboarding, mainnet migrations and listings on Binance or Coinbase. If two of these happen in the next quarters, Pi could see demand pick up and break through $0.70 and $0.80.

But timing is everything. The project must address the persistent criticism around transparency and governance. Without clear, auditable updates and a streamlined migration experience, even optimistic investors will start to look elsewhere.

Transparency Concerns Continue to Haunt Investor Confidence

Despite its early success in onboarding users and gamifying crypto mining through mobile devices, Pi Network has struggled with clarity. Questions around token distribution, validator incentives and internal governance remain unanswered.

Pi Network Price

The lack of third party verification for wallet data or circulating supply figures has further eroded credibility. These structural concerns have made some investors view Pi as high risk, especially when compared to competing L1 ecosystems that have already delivered mainnets and decentralized economies.

Until Pi can provide verifiable metrics and a working infrastructure, skeptics might not be convinced and whales might stay on the sidelines.

Conclusion: Betting on $0.64 is all About Belief in Delivery

The current Pi Network price is a mix of fear and hope. With the token at oversold levels and sentiment subdued, buyers with conviction may see $0.64 as an asymmetric risk-reward opportunity.

The conviction is more than just technical. Pi’s dev team must speed up migration, roll out real use cases, and deliver on the promises made during its years-long testnet phase. If it can do that, this period of stagnation will look like accumulation in the future. Until then, the market waits and watches.

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FAQs

Why has Pi Network price dropped recently?

Pi Coin has dropped due to delays in user migration to the mainnet, no exchange listings, and overall bearish technicals.

What is the support and resistance for Pi Coin right now?

Support is at $0.6494, resistance at $0.70 and $0.80. RSI is near 40, the token is oversold.

Why do some analysts call $0.64 a bargain?

Analysts like Kim Wong believe that as more users complete KYC and Pi’s ecosystem matures, supply will tighten and prices will go up from here.

What can boost Pi’s price in the future?

Key catalysts are mainnet migration, new DApps launching on the platform and listings on Binance or Coinbase.

Glossary

Mainnet Migration: Moving digital assets from a testnet or app environment to a fully functional blockchain network.

KYC (Know Your Customer): A compliance process to verify user identity before accessing financial services.

RSI (Relative Strength Index): A technical indicator to measure recent price changes to determine overbought or oversold conditions.

Venture Fund: A pool of capital to invest in startups or new projects—in this case, to grow Pi Network’s ecosystem.

DApps (Decentralized Applications): Blockchain-based applications that run without central control, often using smart contracts.

Sources

CoinMarketCap

Kim Wong Analysis 

CoinPedia

Read More: Pi Network: Delays, Doubts, and a Discounted Entry?">Pi Network: Delays, Doubts, and a Discounted Entry?

According to Polymarket, the chances of an XRP ETF getting approved are now at 93%. This sharp increase shows that crypto investors are becoming more confident, particularly after the recent developments in Ripple’s legal case. 

Traders seem to gain confidence as Ripple moves closer to settling its long-standing case with the SEC. Analysts believe that clearer rules around XRP’s security status might help to make the long-awaited XRP ETF finally happen.

BlackRock Rumours Stoke Market Excitement

Speculation that major investment firm BlackRock might soon apply for a spot in the XRP ETF has caught the attention of the Crypto community. 

Even though BlackRock hasn’t officially confirmed anything, just the rumours have boosted the already growing excitement about a possible XRP ETF approval.

Jon Matthews, an ETF expert at LedgerPoint Capital, said, If BlackRock goes ahead, it could completely change how people see XRP. He also added that support from such a big institution usually means the SEC might start looking at things differently.

Bitwise, Grayscale, and Others Still in the Queue

Even though there’s a lot of excitement, many XRP ETF applications are still waiting for approval. Bitwise had initiated its application over eight months ago when XRP’s legal status was still unclear. 

Since then, other companies like Grayscale, Franklin Templeton, and 21Shares have also submitted their applications, and now all are waiting for feedback from the SEC.

The SEC decision could take up to 240 days to decide on each application. This huge time is because of the required review and public feedback. 

However, some legal experts believe that Ripple’s rising success in the global market might pressure the SEC to make faster decisions.

CME Futures and Global Moves Add Momentum

The recent launch of XRP futures on the CME Group was another big step for the asset’s credibility. CME’s Global Head of Crypto said that interest from large investors in XRP is growing, particularly after Ripple’s stablecoin got approved in Dubai.

Crypto.com has already shared plans to launch an XRP ETF product, while Uphold and Flare Networks are reportedly working on a DeFi-based version of an ERP ETF.

These developments are important for XRP to become more widely accepted in traditional finance. Experts say that the combination of futures and ETFs available might strengthen XRP’s position in institutional portfolios.

XRP Price Holds Firm Amid Growing Anticipation

Recently, XRP’s price went up by 1.78%. It is currently trading around $2.20. Traders say that this rise is due to several factors like progress in regulations, growing support from big Investors, and new products being introduced.

Financial experts at NovaBridge Capital said the market is becoming more hopeful about an XRP ETF, especially since the chances of approval are very high. Now, we just need to watch how fast the SEC makes decisions on these many applications.

Conclusion 

The chances of an XRP ETF getting approved are now at 93%, and people are becoming more confident because Ripple’s legal situation is clearer. 

Even though some applications are still waiting for the SEC decision, experts think approval might come soon, which would be a big step for XRP’s Future.

FAQs

1. How likely is an XRP ETF approval right now?

93% chance by 2025.

2. What’s behind the recent surge in XRP ETF optimism?

Ripple’s legal progress with the SEC has brought more clarity, boosting confidence.

3. Is BlackRock officially involved in the XRP ETF push?

Not yet, but speculation around an application by BlackRock is shifting market excitement.

4. Are any firms already pursuing a Ripple-based ETF?

Yes, Bitwise, Grayscale, Franklin Templeton, and 21Shares are in the game.

5. Why does Ripple’s legal battle matter for an ETF?

Ripple’s court case is deciding whether XRP is a security. That matters for the ETF.

Glossary

SEC- The US watchdog that says what’s allowed in the money world.

ETF Approval Odds- The chance of ETFs being accepted or allowed.

BlackRock- A giant money player whose moves shake the market.

Spot ETF- An ETF that owns the real crypto, not just promises.

Ripple- The company pushing XRP to change money transfers.

Sources

Cryptotimes

Coinpedia

Read More: XRP ETF Coming Soon? 93% Chance SEC Will Approve by 2025, Says Polymarket">XRP ETF Coming Soon? 93% Chance SEC Will Approve by 2025, Says Polymarket

Bitcoin is trading on a razor’s edge this week, holding firm just above the $104,000 level as investors brace for the release of crucial U.S. jobs data on June 6. Analysts say the outcome could either propel Bitcoin to fresh all-time highs or trigger a short-term correction, making this economic indicator one of the most pivotal catalysts in crypto’s recent price action.

ETF Inflows and Market Momentum Signal Optimism

“Bitcoin is primed for another breakout,” said analysts at Bitfinex, who forecast a potential surge beyond $115,000 if macroeconomic conditions align in favor of risk assets. Their bullish case hinges on strong spot Bitcoin ETF inflows, which have continued to pour in throughout May.

According to Farside Investors, spot Bitcoin ETFs recorded over $5.24 billion in net inflows last month, showcasing rising institutional confidence. As U.S. regulatory clarity grows and interest in BTC-based investment products strengthens, this inflow is acting as a backbone for Bitcoin’s current consolidation.

Adding to the positive narrative, the Crypto Fear and Greed Index currently sits at 57, in the “Greed” zone, suggesting that investors are increasingly confident in the market’s direction.

All Eyes on the June 6 Jobs Report

However, a major test lies ahead. The U.S. Bureau of Labor Statistics will release its monthly non-farm payrolls data on Thursday. The data will offer clues about the health of the U.S. economy and, more importantly, whether the Federal Reserve might consider cutting interest rates sooner than expected.

“If the jobs data comes in weaker than anticipated, it will reinforce the idea that rate cuts are needed,” said James Butterfill, Head of Research at CoinShares. “That would likely weaken the U.S. dollar and push Bitcoin higher.”

Conversely, a strong report could diminish hopes for near-term easing. A robust labor market would likely delay any Fed pivot, thereby bolstering the dollar and reducing the appetite for riskier assets like cryptocurrencies.

Support and Resistance Levels to Watch

As of June 5, Bitcoin is priced at $104,696, according to CoinMarketCap. While the uptrend remains intact, BTC is struggling to reclaim the psychological level of $110,000.

Technical analysts warn of short-term resistance between $108,000 and $110,000, a zone repeatedly rejecting upward moves. On the downside, $100,000 remains a critical support level — a breach below this could invite further selling toward $95,000, where historical accumulation zones sit.

“We’re still in a bullish market structure,” said on-chain analyst Willy Woo. “But volatility will remain elevated until the macro fog clears.”

Bitcoin Price Forecast Table

Scenario Expected BTC Price Range Bullish (Weak Job Data) $115,000 – $120,000 Neutral $102,000 – $108,000 Bearish (Strong Job Data) $95,000 – $102,000

Broader Market Impact and Altcoin Correlation

The result of the jobs report won’t just move Bitcoin; the ripple effects are expected across the entire crypto market.

Ethereum (ETH), currently trading at $2,608, has shown renewed strength following protocol upgrades. Altcoins like Solana (SOL), XRP, and Cardano (ADA) have also posted moderate gains, buoyed by overall market optimism. However, a hawkish Fed outlook could dampen altcoin momentum and redirect capital back to safer, large-cap assets like BTC.

Conclusion: A Macro Week That Could Set the Trend

The Bitcoin market once again proves that it doesn’t exist in a vacuum. Global monetary policy, economic data, and investor psychology are all converging at a critical juncture.

If the June 6 jobs report disappoints, it could be the final push BTC needs to clear $115,000 and spark renewed retail FOMO. If not, Bitcoin may retreat toward lower support levels as the market recalibrates.

Either way, what happens this week will shape the crypto narrative going into July, a month some analysts believe could deliver new all-time highs.

FAQs

What is driving Bitcoin’s recent price stability?

Bitcoin’s price has been supported by strong ETF inflows, institutional demand, and expectations of a Fed rate cut.

Why is the U.S. jobs report important for Bitcoin?

The jobs report influences Federal Reserve policy. Weak jobs data may lead to rate cuts, which typically boost risk assets like Bitcoin.

What happens if Bitcoin breaks below $100K?

A drop below $100K could trigger a short-term correction toward $95K, a historical support zone.

Glossary

ETF (Exchange-Traded Fund) – A financial product that tracks an asset (like Bitcoin) and is traded on traditional stock exchanges.

Non-Farm Payrolls – A monthly U.S. labor report indicating employment levels, excluding farm workers and a few other categories.

Fear and Greed Index – A sentiment indicator measuring whether the market is feeling overly fearful or greedy.

Support Level – A price level at which demand is strong enough to prevent further decline.

Resistance Level – A price level where selling pressure prevents further price increases.

Sources

fingerlakes1.com

cointelegraph.com

tradingview.com

Read More: Will Bitcoin Explode Past $115K in July? Analysts Say All Eyes on June 6 Jobs Data">Will Bitcoin Explode Past $115K in July? Analysts Say All Eyes on June 6 Jobs Data

President Trump’s Executive Director for Digital Assets, Bo Hines, met with El Salvador’s President Nayib Bukele to discuss growing cooperation between the two nations in the digital asset space, particularly surrounding Bitcoin. 

The high-profile meeting was confirmed via posts on social media platform X, with Hines praising Bukele’s leadership and vision.

On June 5, the Bitcoin Office of El Salvador posted that Bo Hines and his deputy Patrick Witt, met President Bukele for a private discussion. Based on the message, the discussion centered on how the U.S. and El Salvador could boost their efforts in Bitcoin and the innovation of various digital assets.

President Bukele met with @BoHines47 from the White House this afternoon.

They discussed collaboration between the United States and El Salvador on bitcoin and digital assets. @BoHines pic.twitter.com/CPoR8rs0bO

— The Bitcoin Office (@bitcoinofficesv) June 5, 2025

El Salvador–U.S. Expand Crypto Cooperation

According to Bo Hines, the meeting was “great,” and he recognized President Bukele for transforming El Salvador. “Hines is bringing transformative change to the beautiful country of El Salvador,” he stated on X. 

The topic of the conversation extended to strategies for adopting digital assets, new ideas, and the possible structural changes to finance worldwide through decentralized methods.

These latest talks build on the increasing contacts between El Salvador and the Trump administration, mostly related to cryptocurrency. The talks are happening as President Trump aims to adopt digital assets into U.S. economic and financial policies, as indicated by his advisors’ latest statements.

El Salvador, U.S. Discuss Crypto Law Frameworks

Even though this meeting was all about crypto, it was arranged after a meeting President Bukele had with President Trump at the White House in April. At that meeting, most of the discussion was about migration and deportation, showing the various sides of U.S.-El Salvador connections.

On June 5, both sides are said to have discussed the regulations related to digital assets. They realized that laws should be clear and effective and support both innovation, protecting consumers and keeping the financial system stable. Such discussions are regarded as important for making the crypto ecosystem stable and safe.

Joint Efforts Focus on Blockchain and Regulation

The group of leaders decided to intensify their efforts by involving themselves in blockchain teaching, developing effective regulations and helping with the construction of digital infrastructure. Cooperating on fintech globally is a major step in aligning the use of crypto between countries.

If the world becomes more interested in cryptocurrencies, the alliance between El Salvador and the U.S. could be used as a pattern for other nations. Since El Salvador legalized Bitcoin in 2021, the country leads the way in adoption at the national level.

Bitcoin Reserve Rises Amid U.S. Crypto Support

El Salvador is still purchasing one Bitcoin each day under President Bukele’s leadership. According to Arkham Intelligence, El Salvador currently holds 6,198 BTC, estimated to be worth approximately $651 million. 

As Bitcoin’s price keeps increasing, along with Trump’s positive comments and supportive policies, this strategic reserve is gaining a lot of interest.

At the time of writing, Bitcoin was trading at $104,572, in the past 24 hours. Even though trade volume has dipped as tariffs come up, people remain positive as support for the United States economy grows.

Conclusion

Bukele and Hines recent meeting shows that connections between geopolitics and blockchain are playing a greater role in advancing international finance. The example of cooperation set by El Salvador and the U.S. could be very useful for future developments in the world of finance.

Follow us on Twitter and LinkedIn, and join our Telegram channel to be instantly informed about breaking news!

FAQs

1. Why did Bo Hines meet with President Bukele?

To discuss U.S.–El Salvador cooperation on Bitcoin and digital assets.

2. Why is El Salvador important in crypto talks?

It was the first country to adopt Bitcoin as legal tender.

3. What topics were covered in the meeting?

Digital asset education, regulation, and blockchain infrastructure.

4. How much Bitcoin does El Salvador own?

6,198 BTC, worth about $651 million.

Glossary Of Key Terms

Bo Hines:
Trump’s Executive Director for Digital Assets.

Nayib Bukele:
President of El Salvador, crypto advocate.

The Bitcoin Office:
El Salvador’s government crypto agency.

Blockchain Infrastructure:
Technology supporting cryptocurrencies.

Strategic Bitcoin Reserve:
Government-held Bitcoin stockpile.

Arkham Intelligence:
Crypto data analytics platform.

Regulatory Frameworks:
Laws governing digital assets.

Reference

Twitter

Read More: Bitcoin Diplomacy: U.S. and El Salvador Discuss Joint Crypto Future">Bitcoin Diplomacy: U.S. and El Salvador Discuss Joint Crypto Future

Sui price has just crossed a major DeFi milestone, its Total Value Locked (TVL) soared past $1.75 billion this week, fueled by rising Bitcoin inflows and a surge in stablecoin liquidity. While the broader crypto market stabilizes, SUI is emerging as one of the most dynamic protocols of 2025.

SUI Price and TVL Surge Amid Broader DeFi Revival

As of June 4, 2025, Sui (SUI) is trading at $3.24, with a 24-hour volume of $680 million and a total market cap of $11.05 billion, according to CoinMarketCap. This follows a notable SUI price rebound from its May consolidation lows below $2.90. The rally has coincided with a sharp increase in protocol usage and DeFi integrations across the Sui blockchain.

Sui’s TVL now stands at $1.76 billion, placing it among the top-performing Layer 1 ecosystems. According to DefiLlama, this jump in TVL was accompanied by record daily transaction counts and increased user wallet creation, suggesting real usage, not just speculative interest.

What’s Driving SUI’s DeFi Boom?

A combination of Bitcoin bridge activity, stablecoin deposits, and DeFi protocol launches largely drives the TVL boost. Analysts believe this could mark a longer-term structural shift.

“Users are not just speculating, they’re locking up value,” said Anisha Patel, DeFi analyst at NodeMetrics. “Stablecoin flows into the Sui ecosystem have grown by more than 28% in the past month alone. That’s a clear signal of sticky liquidity.”

Moreover, the launch of native apps featuring zero-knowledge login and sponsored transaction capabilities has improved accessibility, making it easier for non-technical users to interact with DeFi tools. This user-friendly evolution could be critical in onboarding the next million users.

SUI Price Table

Date Opening Price Closing Price Daily Volume % Change June 1 $2.91 $3.05 $580M +4.81% June 2 $3.05 $3.11 $620M +1.96% June 3 $3.11 $3.19 $670M +2.57% June 4 $3.19 $3.24 $680M +1.56%

Technical Analysis: Bullish Structure Taking Shape

The SUI price is currently forming a bullish continuation pattern on the daily chart. The 50-day EMA has crossed above the 100-day EMA, often a strong mid-term signal of upward momentum. The RSI sits around 61, suggesting bullish but not yet overheated conditions.

If the SUI price breaks the $3.30 resistance cleanly, analysts expect a push toward $3.60 in the coming weeks. Downside support is seen at around $3.00, with a stronger technical footing at $2.82.

“The fact that SUI is moving on real fundamentals, not just memetic hype, makes this rally structurally healthier,” said blockchain strategist Elijah Grant.

Ecosystem Highlights: Real-World Utility Rising

Its commitment to real-world usability separates Sui from many Layer 1 competitors. The platform’s architecture, designed for dynamic on-chain objects and fast parallel execution, is well-suited for gaming, finance, and identity.

Recent launches within the Sui ecosystem include:

Bluemove and Cetus Protocol, leading DEXs, are showing consistent volume growth.

Bitcoin-Sui Bridge, allowing BTC holders to participate in DeFi lending and farming.

New stablecoin vaults with competitive APYs are attracting liquidity from USDC and USDT holders.

These developments suggest that Sui price is building not just infrastructure, but utility, a critical ingredient for sustained blockchain adoption.

Conclusion: SUI’s Ascent Signals a Broader DeFi Renaissance

While Bitcoin and Ethereum continue to dominate headlines, Sui price is quietly writing its own growth story. Crossing the $1.75 billion TVL mark is more than a numerical milestone, it signals increasing trust, traction, and technological maturity.

If this trajectory holds, SUI could position itself as a dominant Layer 1 not just in 2025, but in the next cycle entirely.

With expanding use cases, technical innovation, and genuine user engagement, Sui isn’t just rallying, it’s building.

FAQs

What caused the recent TVL surge on Sui?

The increase was driven by higher stablecoin deposits, Bitcoin bridging, and a wave of DeFi protocols launching on the network.

Is Sui (SUI) a good investment in 2025?

SUI has strong fundamentals, growing adoption, and DeFi traction. However, as with all crypto assets, it remains volatile and should be approached with risk management.

What is the current SUI price?

As of June 4, 2025, SUI price is trading at $3.24, up over 10% from the start of the month.

What makes Sui different from other Layer 1 blockchains?

Sui offers fast parallel execution, native asset handling, and user-friendly innovations like zero-knowledge login — all aimed at improving real-world usability.

Glossary of Key Terms

TVL (Total Value Locked): The total amount of assets deposited in a blockchain’s DeFi ecosystem.

Zero-Knowledge Login: A privacy-focused login method that verifies identity without revealing sensitive user data.

Sponsored Transactions: A feature allowing users to interact with the blockchain without needing native tokens to pay gas fees.

DeFi: Decentralized Finance — blockchain-based financial services like lending, trading, and staking.

SUI Token: The native token of the Sui blockchain, used for gas fees, staking, and governance.

Sources and References

coinmarketcap.com

cryptooasis.ae+1coingecko.com+1

cryptooasis.aearxiv.org

Read More: Sui (SUI) Surges Past $1.75B TVL as Stablecoin and BTC Flows Ignite DeFi Growth">Sui (SUI) Surges Past $1.75B TVL as Stablecoin and BTC Flows Ignite DeFi Growth

A recent claim from a credible XRP advocate has brought fresh momentum to the XRP Lawsuit against the SEC. Sources suggest Ripple, the SEC, and Judge Analisa Torres may have reached a final agreement. Market participants now await a potential official announcement expected on Friday, June 13, 2025.

XRP Lawsuit Nears End Ripple Gains Strength

Reports from XRP advocate The Real Remi Relief indicate that Ripple may have negotiated a favorable settlement in the XRP Lawsuit. While no official details have emerged, early claims suggest Ripple held a strong bargaining position. As a result, market watchers are preparing for what could be a defining moment for Ripple.

Update: Still waiting for the 💯 confirmation but all my OGs know the way I roll…My info is your info 💪

The SEC Ripple & Torres have all come to an agreement/conclusion. From what I understand, Ripple ended up getting a better deal.

The announcement date will be Friday June… https://t.co/lLFECmzVSh

— The Real Remi Relief 🙏✝️💪 (@RemiReliefX) June 3, 2025

Analysts expect the terms to provide greater regulatory clarity on XRP’s classification in the U.S. digital asset landscape. If confirmed, the settlement would close one of the most high-profile regulatory cases in crypto history. Observers believe this could strengthen Ripple’s role in cross-border financial infrastructure.

XRP Lawsuit Nears End Ripple Gains Strength

 

Investor interest has surged in response to speculation around the possible end of the XRP Lawsuit. Many have turned attention to XRP’s market behavior before the expected announcement. This anticipation is already influencing price action and broader sentiment across the digital asset space.

XRP Bulls Eye Breakout as Lawsuit Nears

Market psychology around XRP has shifted following the reported progress in the XRP Lawsuit. Influencers within the XRP community now signal bullish expectations ahead of the rumored June 13 announcement. Several traders believe a legal resolution could push XRP beyond its previous all-time high of $3.84.

Price discovery could begin if XRP breaks key resistance levels, leading to strong upward momentum in the market. With no prior historical levels to cap growth, speculation favors strong appreciation. Though unconfirmed, the timing and tone of recent posts suggest confidence in the legal endgame.

XRP Bulls Eye Breakout as Lawsuit Nears

 

Trading volumes in XRP have increased modestly over recent weeks despite a relatively stable price range since early 2025. This signals that accumulation may be underway in anticipation of positive developments in the XRP Lawsuit. Analysts now monitor both on-chain and market trends for early signs of a breakout.

XRP Adoption Grows as Institutions Join In

Beyond the XRP Lawsuit, Ripple has continued to grow its network of institutional partners globally. The company now works with more than 300 financial entities to support cross-border payment solutions using XRP. This growth continues regardless of the ongoing regulatory process.

Ripple’s technology offers real-time settlement and cost-effective liquidity for banks and financial institutions worldwide. Experts believe this utility positions XRP favorably in the evolving financial infrastructure. Some reports also suggest XRP may play a central role in future U.S. crypto-backed reserve plans.

Even amid regulatory uncertainty, Ripple’s adoption has advanced across multiple regions and sectors. The legal clarity from a finalized XRP Lawsuit could accelerate this expansion. Institutional confidence may rise if Ripple emerges from the case with a definitive regulatory standing.

FAQs

What is the XRP Lawsuit about?

The XRP Lawsuit involves allegations by the SEC that Ripple’s sale of XRP constituted an unregistered securities offering.

What is expected to happen on June 13, 2025?

Reports suggest Ripple, the SEC, and Judge Torres may announce a final resolution in the XRP Lawsuit on that date.

How credible is the source behind this claim?

The Real Remi Relief, a known XRP advocate, has a history of accurate predictions related to crypto legal and regulatory events.

What could a favorable outcome mean for XRP?

It could lift regulatory uncertainty, improve investor sentiment, and potentially trigger upward momentum in XRP’s price.

Is the information officially confirmed?

No, the claims are currently unverified and await confirmation from Ripple or official court channels.

Glossary of Key Terms

XRP – A digital currency used by Ripple for real-time cross-border payment systems.

Ripple – The blockchain-based company that issues XRP and develops global financial infrastructure solutions.

Securities and Exchange Commission– The U.S. regulatory agency responsible for enforcing federal securities laws.

Settlement – A legal agreement resolving a dispute, often involving terms acceptable to both parties without a trial verdict.

Price Discovery – A market process where a new asset price is determined based on supply, demand, and available information.

References:

X

Coinpedia

Read More: Ripple vs SEC Nears End? June 13 Could Be the Day Bulls Are Loading">Ripple vs SEC Nears End? June 13 Could Be the Day Bulls Are Loading

According to Decrypt, Coinbase CEO Brian Armstrong has again warned about the rising U.S. debt by saying that Bitcoin might soon replace the dollar as the world’s reserve currency if Congress does not fix its spending problems. 

As the U.S. debt is heading towards an unmanageable $37 trillion, more financial experts and state leaders are starting to see Bitcoin as more than just a protection, it might become a backup plan.

Mounting U.S. Debt Sparks Warnings from Brian Armstrong

Brian Armstrong said on X that Bitcoin matters to me. But keeping America strong is just as important for the world. We need to fix our financial problems. He is not just promoting Bitcoin, but he is warning that America’s money problems are serious.

As the U.S. debt is getting close to $37 trillion, Armstrong’s concern matches with many experts, who say that the dollar’s global dominance might be in danger.

According to Armstrong, if voters don’t pressure Congress to act and the deficit keeps growing, then Bitcoin might become the world’s reserve currency; though it is controversial, this idea is starting to gain support from the crypto community and fiscal conservatives.

Trump-Backed Spending Bill Fuels Fiscal Concerns

Brian Armstrong’s comments just came out around the same time as the Big Beautiful Bill. This Republican-supported spending plan gives more money to defence funding and keeps tax cuts.

However, it also reduces funding for important key public programs like Medicaid, food aid, and clean energy. People from both political sides are upset about it.

Tesla CEO Elon Musk has also criticized the bill and called it a disgusting abomination. He said that it would add $2.5 trillion to the budget deficit, which is already huge. His post went viral and stressed that U.S. debt at this level is crashing and unsustainable.

States Begin Stockpiling Bitcoin

The federal government is not the only one that is worried about the U.S. debt. States like New Hampshire and Arizona are preparing by buying and saving Bitcoin.

As New Hampshire’s Rep. Keith Ammon said, when states stockpile Bitcoin, they are not just competing with each other, but they are also competing with a federal government that will have to print money to handle its debt.

Ammon said that the dollar’s value is at risk because of careless government actions. He believes that Bitcoin offers protection against this decline. According to him, Bitcoin can help to protect state-level finances when the federal government is not managing the money well.

Bitcoin as the Next Reserve Currency?

The idea that Bitcoin might replace the dollar as the world’s main currency is still a guess, but it doesn’t look impossible anymore. With the U.S. debt rising fast and trust in the government’s money management very low, Bitcoin’s limited supply and Decentralized system stand out in comparison to usual money methods

Brian Armstrong statement shows this shift in thinking. He is not supporting Bitcoin just because he loves crypto, but he is also frustrated that Congress won’t deal with money problems.

More and more, not only libertarians but also Wall Street experts, scholars, and state governments are seriously starting to consider that Bitcoin could become the world’s main financial system.

Conclusion 

Brian Armstrong’s warnings show that many people are worried about the rising U.S. debt and how it might hurt the dollar’s position in the world.

As the debt is getting close to $37 trillion and the trust in the government’s money management is dropping, more people are starting to see Bitcoin as more than just digital money; they have now started to see it as a possible new main currency.

FAQs

1. What is Brian Armstrong warning about?

He warns that the growing U.S. debt risks the dollar’s global dominance.

2. When did Brian Armstrong warn

on June 4, 2025.

3. How high is the U.S. debt now?

It is nearing $37 trillion.

4. What does the Trump-backed spending bill do?

It increases defence spending and cuts funding for public programs.

5. What did Elon Musk say about the debt and spending bill?

He called it a “disgusting abomination,” adding to unsustainable debt.

Glossary

U.S. Debt — The big pile of money the government has borrowed and owes back.

Dollar Dominance — The dollar is the world’s favorite money for buying and saving.

Reserve Currency — The trusted money that countries keep to trade safely.

Inflation Hedge — Something that keeps your money’s power when prices go up.

Fiscal Conservatives — People who want the government to be careful with its money.

Sources

Decryptco

Bloomingbit

Aicoin

Read More: Armstrong Sounds Alarm: $37T Debt Could Make Bitcoin the World’s Next Reserve Asset">Armstrong Sounds Alarm: $37T Debt Could Make Bitcoin the World’s Next Reserve Asset

PEPE has reemerged as one of the most actively traded assets, clocking in over $1 billion in daily volume, as the meme coin rally is getting back. With whale accumulation and bullish technical patterns in play, the question now is: Can PEPE sustain the momentum and break new ground in June 2025?

Professional Introduction: A Frog in the Spotlight Again

The meme coins mania of 2023 may have cooled, but PEPE, the satirical frog-themed token inspired by the popular meme, is showing it’s far from done. Over the past 24 hours, PEPE surged by over 9.2%, bringing fresh attention to a token that many had written off as a passing trend.

According to CoinMarketCap, PEPE is trading at $0.00001087 as of June 4, 2025, and its 24-hour volume has crossed the $1 billion mark. This dramatic increase in trading activity signals renewed interest from both retail and institutional participants.

But what’s really fueling this revival, and can it last?

Whale Accumulation Signals Confidence and Meme Coins Rally

One of the most compelling indicators behind PEPE’s recent rise is the return of “smart money.” On-chain data reveals that a prominent whale purchased 50.95 billion PEPE tokens, worth approximately $467,000, in a single transaction this week.

This is not an isolated event. Whale wallets across Ethereum are increasing their PEPE exposure, suggesting confidence in a longer-term bullish setup.

Meme Coins Rally

“Meme coins don’t rally without coordinated capital. The data shows that large holders are back, and they’re betting on PEPE,” said blockchain strategist Anya Kroll.

Technical Indicators Point to Further Upside

From a technical standpoint, PEPE’s chart structure is signaling the possibility of further gains:

Relative Strength Index (RSI) is currently at 64, bullish but not yet overbought.

The MACD (Moving Average Convergence Divergence) has formed a positive crossover for the first time since mid-May.

PEPE has broken above its 20-day moving average and is now testing the 50-day EMA at $0.00001120.

If PEPE clears resistance at $0.00001165, analysts believe the meme coin could test $0.000013 and potentially rally toward the $0.000015 level.

However, failure to hold above $0.00001020 could lead to a short-term correction back to support near $0.00000950.

Updated PEPE Price Table (June 1–4, 2025)

Date Opening Price Closing Price Daily Volume % Change June 1 $0.00000932 $0.00000978 $690 million +4.93% June 2 $0.00000978 $0.00001016 $850 million +3.88% June 3 $0.00001016 $0.00001063 $970 million +4.62% June 4 $0.00001063 $0.00001087 $1.05 billion +2.27%

Market Sentiment: Social Buzz Meets Smart Capital

The resurgence of PEPE also comes amid a broader meme coin comeback, albeit with clearer fundamentals. Unlike past rallies driven purely by social media hype, this move is being fueled by technical setups and liquidity inflows.

Online mentions of PEPE have jumped nearly 40% week-over-week across platforms like X (formerly Twitter), Reddit, and DEX screener platforms. Influencers are once again tapping into the token’s cultural appeal, but this time, the charts are agreeing.

“This is different from the April pump,” noted analyst Victor Nunez. “Now, it’s not just memes, there’s real capital and calculated positioning.”

Meme Coins Rally

Outlook for June 2025: Eyes on Resistance

The outlook for PEPE in June hinges on two key factors: whether it can maintain volume above $900 million, and if it successfully closes multiple daily candles above $0.00001165.

Analysts remain cautiously optimistic. If bullish conditions persist and whale support continues, PEPE could see a gradual climb toward the $0.000015–0.000016 range later in the month, signaling a meme coins rally.

Still, volatility remains a concern. Traders should watch for false breakouts and ensure proper risk management, especially if the broader market shifts.

Conclusion

PEPE’s recent breakout is more than just a meme-fueled flash in the pan. With over $1 billion in trading volume, strong whale accumulation, and favorable technical indicators, the token is carving out a serious narrative in June’s meme coins rally.

Whether you’re in it for the charts, the community, or the meme, PEPE is back in the game, and this time, the frogs may just leap farther than expected.

FAQs

1. Why is PEPE trending again in June 2025?

PEPE is trending due to a 9% price surge, over $1 billion in daily trading volume, and renewed whale accumulation, signaling a bullish setup.

2. What caused PEPE’s recent price surge?

The surge is fueled by technical breakouts, smart money inflows, and increased social media attention, alongside bullish momentum in the overall crypto market.

3. What are the key resistance and support levels for PEPE?

Current resistance lies at $0.00001165, while support sits around $0.00000950. A breakout above resistance could push PEPE toward $0.000015.

4. Is PEPE a good investment now?

PEPE shows strong momentum, but like all meme coins, it’s highly volatile. Investors should watch technical levels and market sentiment closely before investing.

Glossary of Key Terms

Meme coins: A cryptocurrency often created as a joke or internet meme, but which can gain value through community support and viral trends.

Whale: A term used to describe individuals or entities that hold large amounts of a cryptocurrency and can influence market prices.

Trading Volume: The total dollar value of all buy and sell transactions for a cryptocurrency over a specific time period, indicating market activity.

Technical Indicators: Chart-based tools like RSI and MACD used by traders to predict future price movements.

Resistance Level: A price point where a cryptocurrency often struggles to move above due to selling pressure.

Support Level: A price point where a cryptocurrency typically finds buying interest, helping it avoid further declines.

Sources and References

tradingview.com

binance.com

coinspeaker.com

kryptocasinos.com

Read More: PEPE Surges 9% With Over $1B in Trading Volume, Is the Meme Coin Rally Back?">PEPE Surges 9% With Over $1B in Trading Volume, Is the Meme Coin Rally Back?

According to a Tuesday filing with the SEC, NYSE Arca, the electronic trading arm of the New York Stock Exchange, is seeking approval to list a new spot Bitcoin ETF connected to Truth Social.

It is headed by Trump Media & Technology Group. This shows that TMTG is becoming more serious about getting involved in digital assets and highlights Donald Trump’s growing support for cryptocurrency.

NYSE Arca Moves Forward with Plan to Launch Spot Bitcoin ETF

The NYSE Arca’s SEC submission, which is filed through the official Form 19b-4 process, lays out a plan to launch the Truth Social Bitcoin ETF,  which is a spot Bitcoin ETF that will follow Bitcoin’s market price.

The main goal is to let regular investors gain exposure to Bitcoin’s price changes without having to actually own or store the Cryptocurrency themselves. Experts say this move shows that the TMTG is now getting more involved in the financial side of the crypto industry.

James Roth, a senior analyst at crypto advisory firm LedgerBridge, said it is no longer just about the technology. They are showing that they want to be seen as a serious player in the investment world.

A Simpler Path to Bitcoin Investment

The Bitcoin ETF, submitted by NYSE Arca, is designed for easy access. It lets investors gain Bitcoin exposure through a regulated fund, removing common barriers that often keep traditional investors away from crypto.

Clara Wong, a regulatory attorney in fintech, said the fund is made to skip the hard parts of dealing with crypto directly. She said that it might help older people or those who are not good with technology to start investing in Bitcoin more easily.

TMTG plans to use the Truth Social brand as part of its bigger Truth.Fi project,  which includes several trademarked financial products. 

By launching ETFs like the  Truth.Fi Bitcoin Plus ETF and Truth.Fi the US Energy Independence ETF, the company is working to create a financial service focused mainly on crypto.

TMTG’s Crypto Expansion Gains Momentum

The NYSE Arca filing is the latest move in Trump Media’s growing focus on crypto. Recently, the company announced a $2.5 billion Bitcoin treasury plan after announcing a partnership with Crypto.com in March. 

This collaboration is expected to bring out new digital asset products. This includes bundles of tokens and ETFs under the Truth Social name.

Market experts see these developments as proof that TMTG is serious about growing in the fast-rising crypto market. Since the SEC approved the first spot Bitcoin ETFs in January 2024, these funds have attracted more than $130 billion in assets.

Bitcoin Price Momentum Fuels Market Optimism

Currently, Bitcoin is trading around $105,371.27, showing a steady increase of 12% this year. The 24 trading volume is $44.78B backed by a current market cap of $2.09T

This strong performance, along with growing investors’ interest in regulated options, has made spot Bitcoin ETFs a popular way for big institutions and regular investors to get into crypto.

Market expert Alan Douglas said this is good timing. Since NYSE Arca supports the filing and Bitcoin is doing well, this ETF has a good chance of getting approved.

Conclusion 

NYSE Arca’s plan to list the Truth Social Spot Bitcoin ETF is an important move that connects regular finance with the fast-growing crypto world. With this ETF, investors can easily get Bitcoin exposure through a regulated and simple way.

It also shows that TMTG is serious about growing in crypto. Since Bitcoin’s price is steadily rising and more people want Bitcoin ETFs, experts think this ETF might get approved. This might create new opportunities for retail and institutional investors.

FAQs

1. Who filed for the Truth Social Bitcoin ETF?

NYSE Arca

2. How can this spot Bitcoin ETF help?

It will let investors gain Bitcoin exposure without owning or storing the cryptocurrency.

3. Which company operates Truth Social?

Trump Media & Technology Group (TMTG).

4. When did NYSE Arca submit the filing to the SEC?

Tuesday, June 3, 2025

5. Which form was used to file the ETF?

Form 19b-4 was used for the filing.

6. What other crypto plans does TMTG have?

A $2.5 billion Bitcoin treasury and partnerships to launch new digital products.

Glossary

Form 19b-4- The official form exchanges use to request SEC approval for new financial products.

Truth Social- The social media site managed by the company behind Trump’s media ventures.

TMTG- The team that owns Truth Social and is expanding into crypto investment products.

Truth.Fi- A group of crypto-related financial products by TMTG, including ETFs.

Spot Bitcoin ETF- An ETF that tracks the real-time price of Bitcoin directly.

Sources

CryptoSlate

Money Control

CNBC

Read More: $2.5B Bitcoin Treasury? Trump’s Truth Social Files for Spot BTC ETF via NYSE Arca">$2.5B Bitcoin Treasury? Trump’s Truth Social Files for Spot BTC ETF via NYSE Arca

Amid mounting political buzz and crypto hype, NFT marketplace Magic Eden is at the center of a firestorm after unveiling the “Official $TRUMP Wallet,” a move swiftly disavowed by the Trump family.

A Crypto Launch Turned Legal Headache

On June 3, 2025, Magic Eden announced what it called the “Official $TRUMP Wallet,” a digital wallet positioned as a pro-Trump crypto product in partnership with GetTrumpMemes.com and token project Fight Fight Fight LLC. The wallet, which offers a $1 million giveaway in $TRUMP tokens and promises trading capabilities for BTC and other assets, quickly caught public attention.

But that excitement turned into confusion as Trump family members publicly denied any connection to the wallet.

“Magic Eden is not authorized to use President Trump’s name or likeness,” tweeted Eric Trump. “We will pursue all available legal remedies.”

Donald Trump Jr. echoed the sentiment, clarifying that neither he nor his father approved the project. Instead, he revealed plans for an upcoming official crypto venture called World Liberty Financial (WLF), which will include a Trump wallet product.

Magic Eden’s Silent Gamble

Magic Eden’s silence in the face of public scrutiny has only intensified the controversy. Despite labeling the wallet “official” and highlighting the Trump branding in its promotions, no formal approval or licensing from the Trump Organization was obtained, according to family sources.

Industry observers believe the misstep could damage both brand credibility and trust in NFT-linked projects. “This isn’t just a PR blunder,” noted blockchain strategist Cara Neilson. “It’s a direct threat to the legitimacy of crypto marketing.”

GetTrumpMemes.com and Fight Fight Fight LLC, the entity behind the $TRUMP token, reportedly had prior licensing rights from 2023. However, the Trump family now claims those rights did not extend to this new wallet, suggesting the agreement had expired or been overstepped.

Token Price Volatility: A Familiar Pattern

Following the wallet announcement, the $TRUMP token briefly surged before plummeting as public statements from the Trump family hit headlines. According to CoinGecko, the token fell over 28% in 24 hours, reflecting shaken investor sentiment and likely panic selling.

Such volatility is not new for politically-branded tokens, but the fallout from false association could mark a shift in how these coins are perceived. Many retail investors are now questioning the long-term viability of memecoins tied to real-world figures without confirmed backing.

“This is the danger of meme-based speculation mixed with political branding,” said Adam Vance, a crypto analyst at DeFi Radar. “One tweet from the right person, or the wrong one, can crash your whole project.”

What is World Liberty Financial (WLF)?

The Trump family’s response wasn’t just about denial. They also introduced their own upcoming crypto initiative: World Liberty Financial.

WLF is reportedly an “America-first” financial ecosystem that aims to tokenize patriotism, offering a wallet, NFT collectibles, and even stablecoin integrations. Though still in development, the official endorsement from the Trump family could redirect attention, and funds away from $TRUMP and Magic Eden’s project.

Insiders say the WLF launch will happen before the Republican National Convention, hinting at a broader political and financial strategy as Donald Trump’s 2024 campaign continues to lean into tech-savvy fundraising and branding.

Crypto and Politics: A Risky Cocktail

This incident adds to a growing trend where blockchain ventures seek to leverage political identities to attract retail investors. However, as the Magic Eden controversy shows, unauthorized use of political branding may backfire.

Legally, the Trump Organization could pursue cease-and-desist orders or lawsuits, especially if it can prove the $TRUMP wallet caused reputational harm or investor confusion.

For crypto traders, this saga underscores the importance of due diligence. Just because a product uses a well-known name doesn’t mean it’s endorsed.

Conclusion on the Trump Wallet

The Trump-Magic Eden wallet saga reveals the fault lines in meme token culture, where hype often outpaces reality. With the Trump family pivoting toward their own crypto future through World Liberty Financial, investors are left to reconsider where they place their trust, and their money.

In the world of politically branded crypto, authenticity isn’t just optional, it’s everything.

FAQs

What is the $TRUMP Wallet launched by Magic Eden?

The $TRUMP Wallet is a crypto wallet launched by Magic Eden and GetTrumpMemes.com, claiming to support Trump-branded tokens and crypto trading.

Did Donald Trump or his family approve the Trump wallet?

No. Eric Trump and Donald Trump Jr. publicly denied any connection, calling it unauthorized and threatening legal action.

Why is the Trump family upset with Magic Eden?

The Trump family claims Magic Eden used their name and likeness without permission, misleading users and damaging their brand.

What is World Liberty Financial (WLF)?

WLF is an official Trump-backed crypto venture expected to launch a licensed Trump wallet and financial ecosystem soon.

What happened to the $TRUMP token price after the controversy?

The token initially surged, but dropped sharply—over 28% in 24 hours—after the Trump family disavowed the project.

Is the $TRUMP Wallet legitimate?

While technically functional, the Trump wallet is not officially backed by the Trump family or the Trump Organization, raising concerns about its credibility.

Will there be legal action?

Yes, the Trump family has hinted at legal consequences against Magic Eden for unauthorized branding.

Glossary of Key Terms

$TRUMP Token: A memecoin branded after former U.S. President Donald Trump, launched by Fight Fight Fight LLC.

Magic Eden: A popular multi-chain NFT marketplace that partnered with the unapproved wallet launch.

World Liberty Financial (WLF): The Trump family’s upcoming official crypto and financial project, still under development.

Memecoin: A cryptocurrency based on internet memes, pop culture, or humor, often highly speculative.

NFT (Non-Fungible Token): A unique digital asset on the blockchain, often used for art, collectibles, or digital identity.

Crypto Wallet: A digital tool that stores private keys, enabling users to manage and interact with cryptocurrencies.

Licensing Rights: Legal permissions to use a name, image, or brand, often granted by the rights-holder.

Token Volatility: Rapid changes in the price of a cryptocurrency, often driven by speculation or market news.

Sources and References

web.ourcryptotalk.com

benzinga.com

cryptonews.com

cointelegraph.com

 

Read More: Trump Family vs. Magic Eden: $1M TRUMP Wallet Giveaway Sparks Legal Threat">Trump Family vs. Magic Eden: $1M TRUMP Wallet Giveaway Sparks Legal Threat

An Ethereum crypto whale has reportedly bought 108,278 ETH worth around $283 million in a single Over The Counter (OTC) transaction with Galaxy Digital. The wallet now holds over 139K ETH. The transaction was flagged by Lookonchain.

Sources report that Galaxy Digital withdrew 89,000 ETH, about $233.5 million from major exchanges within a 12 hour window. Though not confirmed, however, the timing and amounts suggest Galaxy’s OTC desk was involved in structuring and executing the deal off the books.

OTC Transaction Point to Institutional Accumulation

Unlike exchange buys, OTC allows large investors to get in without spiking the market or causing volatility. This Ethereum whale purchase shows the role of bespoke crypto trading desks like Galaxy Digital in facilitating private crypto buys for wealthy individuals, funds or corporates.

Galaxy Digital reportedly withdrew 89,000 ETH from exchanges just before the big transfer. The deposit of 108,278 ETH into a new wallet, now holding 139,476 ETH worth $365 million is one of the largest Ethereum wallet inflows of 2025 so far.

This kind of activity, when done through OTC channels that cater to institutions is a sign of long term conviction. 

Whale Buys $283M in ETH via Galaxy Digital

Ethereum Whale Purchase: Bullish Signal?

Large ETH transfers are common but the size, timing and OTC nature of this one is notable. Crypto analysts and blockchain enthusiasts are interpreting this as a renewed institutional interest in Ethereum especially after a series of recent developments that make the network more attractive to investors.

One such event is the latest and most recent Pectra upgrade enhancing user performance, experience and efficiency.

This Ethereum whale purchase fits into the ongoing institutional trend in the crypto markets. Big buyers are less focused on short term price moves and more on setting themselves for Ethereum’s role in programmable finance.

Why Retail Investors Should Care

OTC trades don’t affect public prices but their implications are big. When whales buy ETH at this scale, especially through regulated firms like Galaxy Digital, it’s not speculation. It’s calculated long term positioning.

For retail investors, this is a signal. Institutions move early and quiet, using OTC markets to build size without noise. By the time the market reacts, much of the work is already done.

This accumulation also aligns with Ethereum’s growing role in decentralized finance (DeFi), real-world asset tokenization, and smart contract-based infrastructure. 

Whale Buys $283M in ETH via Galaxy Digital

Galaxy Digital’s involvement adds credibility. The firm founded by ex-Goldman Sachs partner Mike Novogratz has been a long time advocate for institutional crypto adoption. Being a counterparty to this trade could means their clients are going all in on Ethereum at scale, not just holding, but deploying capital.

Conclusion: Silent Accumulation, Loud Implications

In a market driven by hype and noise, the Ethereum whale purchase through Galaxy Digital stands out for size, timing, and stealth. With over $283 million worth of ETH moved in one shot and a new wallet now holding over $365 million in Ethereum, it’s clear institutional confidence in ETH’s long-term relevance is strong.

For Ethereum investors, big OTC buys like this are quiet but powerful votes of confidence, often before the wider market moves. As capital accumulates behind the scenes, the stage may be set for Ethereum’s next institutional chapter.

FAQs

Who bought 108K ETH recently?

A crypto whale acquired 108,278 ETH in an OTC deal with Galaxy Digital, the buyer is not disclosed.

Why was the trade done OTC and not on an exchange?

OTC trades allow big buys without affecting public market prices, reduce slippage, and avoid market disruption.

How much ETH is in the whale wallet now?

The wallet holds approximately 139,476 ETH, worth around $365 million at current prices.

What does this mean for Ethereum investors?

This means growing institutional interest in ETH. Short term effects may be muted, but long term investor confidence is increasing.

Is Galaxy Digital involved in more Ethereum deals?

Galaxy Digital does many high-value crypto trades and is increasingly involved in Ethereum-focused deals.

Glossary

OTC (Over-the-Counter): Private trades off exchange, for big volumes, to avoid price impact.

Whale: A term in crypto for an individual or entity holding a lot of a digital asset.

Ethereum (ETH): A decentralized blockchain platform for smart contracts and dApps.

Galaxy Digital: A financial services and investment firm for digital assets and blockchain.

Sources

Lookonchain

Coinomedia

Read More: $283M ETH Buy Off the Books: Galaxy Digital Tied to One of 2025’s Biggest Whale Moves">$283M ETH Buy Off the Books: Galaxy Digital Tied to One of 2025’s Biggest Whale Moves

According to the source, quantum computing is advancing rapidly, but the crypto industry is still not ready for the growing quantum threat, as warned by the Presto Research analyst Rick Maeda. 

He said that the fast development of Quantum computing might seriously damage the current system that protects blockchains. Maeda’s warning shows growing fear in the cybersecurity sector.

The digital assets could be at risk if the correct steps aren’t taken soon to make security strong. Maeda’s warning is supported by many experts who say we must act fast to protect crypto from future quantum risks.

Quantum Risk Being Ignored by the Crypto Industry

Even though many people are now becoming aware, the digital assets industry still does not understand how serious quantum computing could be in the long term. Rick Maeda explained that most blockchains depend on elliptic curve cryptography (ECC), which is a system that quantum computing could eventually break.

Maeda told CoinDesk that not acting soon is the major threat. He stressed that the crypto industry needs to prepare for the quantum threat step by step. If quantum computing becomes more powerful, it will be impossible to protect the existing blockchain data.

Misplaced Confidence in Quantum Timelines

Some people think there’s still time to act because current quantum computing systems only have about 10 logical qubits and make a lot of errors. But experts like Maeda warn that this false sense of safety could be risky.

He pointed to developments by companies like Google as an example that quantum computing is evolving quickly. Even though these advances still have issues with efficiency and stability, they show that current security methods could be challenged sooner than many people think.

Cybersecurity analysts agree with this. A DigiCert Survey found that although 69% of organizations think quantum computing could break encryption in the next five years, only 5% have taken steps to use quantum-safe protection. This shows that the industry is slow to turn awareness into real action.

Bitcoin Finds Support Amid Quantum Warnings

The markets are still staying active, even though analysts warn about the growing Quantum threat. Bitcoin has recently bounced back by 0.9% and is trading around $105,118.74. This rise came after a drop, which is linked to spot ETF withdrawals and increasing geopolitical concerns.

Macro strategist Weston Nakamura pointed out that Bitcoin is starting to move in line with Japan’s 30-year government bond yields, which is an unusual but important trend. He explained that Japan’s financial policies are now quietly influencing how money flows in digital assets.

Lobbyists Push Senate to Stay Focused on Stablecoin Regulation

As the debate continues in Washington about the GENIUS Act, a bill focused on regulating stablecoin, crypto lobbyists are urging lawmakers to keep the bill focused and avoid adding unrelated changes that might slow it down. Advocacy groups believe that clear rules for stablecoins are important.

They highlight it as a significant for maintaining the competitiveness of the U.S. Still, even as laws are being developed faster,   there’s very little discussion in the legislative halls about the quantum threat of getting ready for quantum computing. This lack of focus might cause problems if blockchain security standards don’t keep up with the new technology.

Conclusion 

Experts warn that the crypto industry is not ready for the growing quantum threat. Quantum computing is getting stronger and faster, but most of the Blockchains still use security that might soon be broken. Even with many warnings, only a few companies have started to prepare. The digital assets might be in real danger if they don’t act soon.

FAQs

1. What is the risk of quantum computing to crypto?

It can break the security that protects crypto.

2. Which part of crypto is at risk?

The cryptography is called ECC.

3. Is the crypto industry ready for this risk?

No, most are not ready yet.

4. How many companies are preparing for quantum attacks?

Only a few, about 5%.

5. Are there laws about quantum risks for crypto?

No, laws mostly focus on other crypto issues now.

Glossary

Quantum Computing- Super-fast computers that solve problems regular computers can’t.

Cryptography- A secret code that keeps digital data safe.

Elliptic Curve Cryptography – A type of secret code used by most blockchains to protect data.

Quantum Threat- The risk that quantum computers will break current digital protections.

Quantum-Safe Protection- New security methods designed to stop quantum computers from breaking codes.

Sources

CoinDesk

Kanalcoin

Holder.io

Read More: Analyst Warns: Bitcoin and Ethereum May Not Survive the Quantum Era">Analyst Warns: Bitcoin and Ethereum May Not Survive the Quantum Era

XRP is drawing heightened attention from traders and analysts this week as a surge in open interest in derivatives markets points to intensifying speculative activity and a possible breakout from its current price range.

As of Tuesday morning, a single XRP was valued around $2.20 and analysts were watching both technical and macro factors to predict the coin’s direction.

According to Bitget’s chief market analyst Ryan Lee, XRP’s open interest soared to nearly $5 billion over the weekend a level not seen in recent months. This spike suggests strong potential momentum, with market participants bracing for a decisive move, Lee told CoinDesk.

XRP Trading Range Suggests Impending Breakout

Open interest includes the total number of unsettled contracts, such as futures and options. When new money and positions rush into the market, this metric often increases quickly, which signals that investors expect significant price changes in the near future.

Lee added that Ripple’s rising open interest reflects a surge in speculative behavior. This behavior is often a precursor to volatility, especially when prices are trading within a narrow range, as they are now.

The price of XRP right now is in a range between $2.00 and $2.65 which is common before a significant increase. Because of steady spot buying, analysts now believe the price of gold will rise further.

XRP Breakouts Often Begin With Squeezes

It might be useful to look at what has happened before in history. Previously, moments like this for XRP saw big rallies which caught traders short off guard and caused sudden short squeezes. Lee also warned that this trend could have negative effects too.

If there is no major event causing the open interest to rise, it could result in more volatility, going up or down. If bullishness lifts the market, this may trigger short squeezes, though an increase in selling or risk aversion can cause liquidations and drop the market.

XRP Faces Key Resistance at 20-Day EMA

In the technical market, resistance for Ripple is found at its 20-day exponential moving average (EMA) near $2.27. A breakout happening above these levels would mark the start of an increase to $2.65. 

If demand increases and bulls push the token past the ceiling, the token could achieve a bullish inverse head-and-shoulders movement aimed at a target price of $3.69. When prices fail to move past the EMA, bears may get bolder. A steep rejection could make prices fall to $1.98 which might lead to another retreat to $1.61.

Institutional Interest May Drive XRP Higher

Along with market indicators, experts are carefully watching the XRP Ledger (XRPL) because it may have a strong effect on the price of Ripple. If there are signs of institutional interest, like the creation of new ETFs, it could cause the market to move up again.

Within the $2 to $2.65 range of Ripple, traders seem to be in a debate. As the number of trades rises and uncertainty remains, the next change might happen quickly and lead to big effects.

Conclusion

XRP’s rising open interest, narrow range and steady demand signal that investors expect big things soon. Although a rally might be spotting, the absence of any clear trigger keeps most traders holding back. Now, everyone is watching the developments on XRP Ledger and waiting to see if ETF launch spark activity in the market.

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FAQs

1. What does rising XRP open interest mean?

It shows more traders are speculating, often signaling a big price move ahead.

2. Why is the $2–$2.65 range important?

It’s a tight range that often comes before a breakout up or down.

3. What could cause Ripple to break out?

XRPL updates, ETF news, or institutional interest could trigger a move.

4. What are the risks of high open interest?

It can lead to sharp price swings or sudden liquidations.

Glossary of Key Terms

Open Interest
Number of active futures and options contracts.

Price Breakout
Price moves sharply beyond a set range.

Derivatives Market
Where futures and options are traded.

Short Squeeze
Price spikes are forcing short sellers to buy.

Volatility
How much does the price swing up or down?

Liquidations
Forced closing of losing trades.

ETF (Exchange-Traded Fund)
Investment fund traded on exchanges.

20-day EMA
Average price over 20 days, weighted recent.

Reference

www.coindesk.com

Read More: XRP Surge Incoming? $5B Open Interest Spikes to Multi-Month Highs">XRP Surge Incoming? $5B Open Interest Spikes to Multi-Month Highs

According to latest reports, Vitalik Buterin, co-founder of Ethereum, has said at ETHGlobal Prague 2025 that “Ethereum should scale 10X” in the next year to relieve congestion and make dApps more accessible. This is one of the clearest roadmaps for Ethereum’s L1 yet, as the debate over scalability and efficiency has been going on for a long time.

Speaking to developers and researchers at the Ethereum-focused conference in Prague last week, Buterin outlined his vision for a safe and gradual expansion of Ethereum’s L1.

“I do think there’s a lot of room to scale safely,” he said. “My view is that we should scale L1 by about 10x in the next year and a bit.”

Why Ethereum’s Base Layer Still Needs Work

Vitalik Buterin acknowledged the progress of L2 rollups but emphasized the need for Ethereum’s core layer to scale directly. “A year would be great,” he added, referring to the timeline for 10X improvement in Ethereum’s base capacity.

“There are people that are more brave than I am and don’t believe in a take-a-breather step and think we should commit today to 1,000x, but I don’t believe in that.”

He said an aggressive scaling attempt could backfire and introduce security risks and centralize Ethereum’s otherwise decentralized architecture.

Vitalik Buterin 10X Layer-1 Scaling

The Trade-Off: L2 Growth vs L1 Scaling

L2 networks have been effective in addressing some of Ethereum’s speed and cost issues. These rollups process transactions off-chain and then settle them in batches on Ethereum, relieving the mainnet. Arbitrum, Optimism and zkSync have handled billions of dollars in transaction volume in the last year.

However, this is a growing concern in the community. They say L2s are fragmenting the ecosystem and suppressing the native ETH token over time. Since L2 tokens compete for attention and liquidity, some argue they dilute Ethereum’s economic moat.

In fact, Buterin’s proposal to scale Ethereum 10X at L1 is to reverse this trend and make mainnet the performance standard.

ETH Price and Ecosystem Impacts

At the time of Vitalik Buterin’s comments, ETH was above $2,500 up 40% in the last month according to CoinGecko. Still 48% below the 2021 all time high of $4,878, the recent price rise has restored confidence in Ethereum’s future especially as attention shifts from speculation to infrastructure growth.

The overall crypto market has also seen a renewed focus on fundamentals. Bitcoin is hovering around $105,000, and institutional capital is flowing into tokenized assets. 

If Ethereum can deliver 10X scaling in a year, it could drastically reduce transaction costs and onboarding friction, two of the biggest obstacles to mass adoption.

Layer-1 vs Solana: Competing Visions

Solana is often seen as a direct competitor to Ethereum especially in terms of speed and throughput. Ethereum settles around 30 TPS on the base layer (before rollups) while Solana can do over 2,000 TPS with its monolithic architecture.

Buterin’s 10X plan wouldn’t put Ethereum on par with Solana in raw throughput but it would eliminate most of the user experience gap. More importantly, Ethereum’s modular decentralized design still appeals to developers building long term, resilient applications.

Risk and Realism: Why Buterin Prefers Gradual Scaling

Despite the need to scale, Vitalik Buterin has repeatedly warned against aggressive timelines. His ETHGlobal Prague speech reiterated the need for incremental, testable upgrades. A 1,000x leap, while technically appealing, could introduce bugs, validator centralization or unknown attack surfaces.

Vitalik Buterin 10X Layer-1 Scaling

Even in his ETHGlobal remarks, Buterin framed the 10X goal as a community-wide responsibility.

“I’m optimistic,” he said, “but we need to get this right.”

There is no specific date for the 10X upgrade, but several milestones in the Ethereum roadmap suggest incremental progress throughout 2025.

Conclusion: Ethereum’s 10X Path Is Ambitious But Grounded

Vitalik Buterin’s call to scale Ethereum 10X in the next year is worth looking forward to in it’s long term journey. Targeting the base layer rather than relying on Layer-2 solutions, the core team is going for performance without sacrificing decentralization or security.

While there are challenges, from technical implementation to coordination between teams, Buterin’s proposal is clear and measured.

FAQs

What does it mean to scale Ethereum 10X?

Vitalik Buterin wants Ethereum’s Layer-1 network to handle 10x more activity in the next year, faster and cheaper.

Why Layer-1 scaling instead of Layer-2s?

Layer-2s help, but Vitalik Buterin says the base layer is key for long term efficiency, decentralization and ETH’s price support.

When is 10X scaling expected?

Buterin mentioned a one year timeline, so some upgrades may roll out by 2026, full implementation may take longer.

How will 10X scaling affect Ethereum’s price?

Better performance will reduce gas fees and attract more users, increasing ETH demand and possibly the price.

Glossary

Layer-1 (L1): The base blockchain network, in this case Ethereum, that processes all transactions and data storage.

Layer-2 (L2): A secondary framework or protocol built on top of Ethereum that helps with scalability.

Proto-Danksharding: An upcoming Ethereum upgrade (EIP-4844) that introduces data blobs for data availability for rollups.

Rollups: Layer-2 solutions that bundle many transactions off-chain and submit them to the mainnet in batches.

Throughput: The number of transactions a blockchain can process per second.

Source

Decrypt

Read More: Vitalik Buterin Outlines Plan to Scale Ethereum Base Layer by 10X">Vitalik Buterin Outlines Plan to Scale Ethereum Base Layer by 10X

21Shares has announced a 3-for-1 share split for the ARK 21Shares Bitcoin ETF (ARKB), effective June 16. This move aims to increase accessibility and improve trading efficiency for retail investors. The Bitcoin ETF will continue tracking Bitcoin’s price, with no changes to its strategy or total net asset value.

21Shares Splits Bitcoin ETF Three Ways

The issuer 21Shares confirmed the ARKB share split will occur on June 16 and follow a 3-for-1 ratio. This will triple the number of shares while reducing the price per share to a third of its previous value. The total value of investors’ holdings and the ETF’s overall market value will remain unchanged.

This adjustment aims to make shares more affordable for smaller investors who may find high prices restrictive. ARKB closed on June 2 at $104.25, which would drop to around $34.75 post-split. Despite the split, all fund operations and tracking of Bitcoin prices will remain the same.

21Shares Splits Bitcoin ETF Three Ways

 

21Shares also stated that the fund’s structure and Bitcoin holdings will not be affected. The ETF will continue normal trading throughout the transition. The investment strategy tied to the Bitcoin ETF will also stay intact.

ARKB Sees Outflows Despite Strategic Position

While the split targets better retail engagement, ARKB has faced recent performance challenges. The fund has seen six consecutive days of outflows, totaling $430 million by June 2. That day alone saw $74 million leave the Bitcoin ETF, according to CoinGlass data.

Despite recent outflows, ARKB remains among the top Bitcoin ETFs by total inflows since launch. It has recorded aggregate inflows of $2.37 billion, ranking behind only BlackRock and Fidelity’s offerings. ARKB currently holds $4.8 billion in assets under management.

Year-to-date, the Bitcoin ETF has returned 7.35%, reflecting moderate performance amid broader market volatility. The recent trend of outflows aligns with falling Bitcoin prices. As prices dropped 4%, many investors exited Bitcoin ETFs in response.

Bitcoin Price Drop Triggers ETF Outflows

A sharp decline in Bitcoin price has influenced investor behavior across all spot Bitcoin ETFs in the US. Bitcoin fell from over $108,000 to below $104,000 on June 2, prompting widespread redemptions. This led to a total net outflow of $1.2 billion over the past three trading days.

Despite these outflows, data from Glassnode highlights ongoing institutional demand. Over 6,100 BTC flowed into ETFs last week, marking seven consecutive weeks of net inflows. This indicates steady investor interest even during temporary market declines.

Spot Bitcoin ETF flows since December. Source- Glassnode

 

The recent price drop has introduced volatility but has not disrupted the structural strategies of major Bitcoin ETFs. ARKB and its peers continue to maintain Bitcoin exposure as per their original frameworks. Market watchers expect fluctuations to persist amid uncertain macroeconomic signals.

FAQs

What is a share split?

A share split increases the number of shares and reduces the price per share without changing the company’s market value.

Why is ARKB undergoing a share split?

The share split aims to make the Bitcoin ETF more affordable for retail investors and improve trading efficiency.

Will the fund’s investment strategy change?

No, the fund’s strategy to track the price of Bitcoin will remain exactly the same post-split.

How does a 3-for-1 split affect shareholders?

Each shareholder will receive three shares for every one owned, while the total value of holdings stays the same.

Will the split impact Bitcoin ETF trading?

No, the ETF will continue trading as usual during and after the share split process.

Glossary of Key Terms

Bitcoin ETF: An exchange-traded fund that tracks the price of Bitcoin and allows investors to gain exposure without owning it directly.

Share Split: A corporate action where a company increases the number of shares while reducing the price proportionally.

Assets Under Management (AUM): The total market value of the investments that a fund or company manages.

Net Asset Value (NAV): The total value of a fund’s assets minus its liabilities, divided by the number of shares.

Spot ETF: A fund that holds the actual asset, such as Bitcoin, rather than derivatives or futures contracts.

References:

Globenewswire

Glassnode

Crypto.news

 

Read More: 21Shares to Split ARKB 3-for-1, Boosting Retail Access to Bitcoin ETF">21Shares to Split ARKB 3-for-1, Boosting Retail Access to Bitcoin ETF

Ripple (XRP)’s path toward a spot ETF may be the next major catalyst for altcoin investors. In a high assertion, pro-XRP attorney John Deaton recently declared that “XRP ETFs are coming,” reinforcing growing speculation that institutional doors are creaking open for Ripple’s token. As crypto markets flirt with stability, the ETF drumbeat is growing louder, and XRP is once again in the spotlight.

Attorney John Deaton Signals ETF Greenlight for XRP

John Deaton, well-known for his tireless legal advocacy on behalf of XRP holders during the SEC v. Ripple case, recently took to social media and interviews to share his confidence that XRP ETFs are on the way. According to Deaton,

“Once Bitcoin and Ethereum ETFs are approved, the floodgates are open. There is no legal justification left to block XRP.”

His comments follow a broader trend of altcoin ETF filings and increasing institutional demand.

This isn’t just lawyer talk, it’s a forecast grounded in precedent. With Bitcoin spot ETFs already trading in the U.S. and Ethereum ETFs likely to follow, Deaton argues that denying XRP would not stand up to legal scrutiny, especially considering Ripple’s recent partial legal victory against the SEC.

Corporate Adoption Deepens: $100 Million XRP Treasury Buy

Institutional confidence in XRP isn’t just rhetorical, it’s financial. This week, BitGo and publicly listed firm VivoPower announced a $100 million XRP treasury acquisition, positioning the token as a serious contender alongside Bitcoin for corporate reserves. The move echoes the early days of Bitcoin’s institutional adoption when companies like MicroStrategy and Tesla added BTC to their balance sheets.

“Adding XRP to treasury strategy sends a strong message that institutions are not just watching, they’re acting,”

said a senior analyst at CoinShares. It’s the kind of domino that, when tipped, can reshape the entire altcoin landscape.

Ripple XRP Leveraged ETF Breaks Records

Backing Deaton’s optimism is the success of XRP-based ETFs already trading in select jurisdictions. Most notably, Teucrium’s XRP 2x leveraged ETF recorded a whopping $5.43 million in volume on its first day, beating out Solana’s equivalent ETF launch by a wide margin.

This early success reveals a critical insight: there is already substantial retail and institutional appetite for exposure to XRP in derivative form. With regulatory frameworks beginning to solidify and XRP’s legal headwinds diminishing, the market is preparing for what could be a transformative shift.

Can XRP Flip Ethereum?

In an unexpected twist, Deaton also floated the possibility of XRP surpassing Ethereum in market capitalization by the end of 2025. While this prediction may raise eyebrows in traditional circles, some data points give it weight.

Ethereum has faced growing criticism for high gas fees, delays in implementing scaling upgrades, and regulatory ambiguity around its transition to proof-of-stake. Meanwhile, XRP remains one of the most actively used assets for cross-border payments and has strong ties to institutional fintech partnerships across the globe.

“If Ethereum stumbles and XRP rides the ETF and adoption wave, flipping ETH isn’t out of the question,” Deaton stated in an X (formerly Twitter) thread.

ETF Filings and SEC Watch

XRP ETF discussions are not just theoretical. Industry giants, including 21Shares, Bitwise, Grayscale, WisdomTree, and Franklin Templeton, have either hinted or confirmed interest in launching XRP-based exchange-traded products. The filings are waiting on the SEC’s green light, but optimism is high following Ethereum ETF approvals.

Another key milestone looms: June 16 marks the deadline for Ripple and the SEC to submit a status update on their potential settlement. A favorable resolution could remove the final barrier standing between XRP and a U.S.-based ETF.

Market Implications

The XRP price has been steady above $2.10 recently, reflecting strong investor confidence. If an XRP spot ETF were approved, analysts expect a significant capital inflow, similar to Bitcoin’s post-ETF rally. A major asset management firm told FXEmpire:

“XRP ETFs would not just attract crypto-native capital, but also fresh inflows from retirement portfolios and institutional funds.”

In the broader context, XRP’s potential ETF approval isn’t just a win for Ripple or XRP holders, it’s a bellwether for the maturity of the altcoin market.

Final Thoughts

Ripple (XRP) has weathered regulatory storms, market cycles, and community skepticism. Now, with the scent of ETF approval in the air, it may finally be positioned to reap the rewards of resilience. From treasury buys to leveraged products and mounting legal clarity, the stars appear to be aligning for XRP.

As John Deaton puts it, “It’s no longer a matter of if, but when.”

Frequently Asked Questions (FAQs)

What did John Deaton say about XRP ETFs?

John Deaton, a pro-XRP attorney, stated that XRP ETFs are inevitable following the approval of Bitcoin and Ethereum ETFs. He believes there’s no legal basis to exclude XRP from ETF offerings.

Why is the $100 million XRP treasury buy important?

The $100 million acquisition of XRP by BitGo and VivoPower marks one of the largest institutional purchases of the token. It signals growing corporate confidence in XRP as a treasury reserve asset, similar to early Bitcoin adoption.

What is the significance of the XRP 2x leveraged ETF?

Teucrium’s XRP 2x leveraged ETF recorded $5.43 million in volume on its first day, highlighting strong market interest and reinforcing the case for a fully regulated XRP spot ETF in the U.S.

Could XRP really flip Ethereum?

According to Deaton, if Ethereum continues to face technical and regulatory challenges while XRP gains adoption through ETFs and institutional use, it’s plausible that XRP could surpass ETH in market capitalization by 2025.

When is the next key date for Ripple and the SEC?

June 16, 2025, is the next critical deadline when Ripple and the SEC must file a status report, which could influence ongoing XRP ETF applications and overall investor sentiment.

Glossary of Key Terms

XRP

A cryptocurrency developed by Ripple Labs, primarily used for fast and low-cost international money transfers.

ETF (Exchange-Traded Fund)

A type of investment fund traded on stock exchanges, designed to track the price of an asset or basket of assets, such as cryptocurrencies like Bitcoin, Ethereum, or XRP.

Leveraged ETF

An ETF that uses financial derivatives and debt to amplify the returns of an underlying asset. For example, a 2x leveraged ETF aims to return twice the daily movement of the asset it tracks.

Treasury Reserve Asset

An asset held by a corporation or institution as part of its financial reserves. Cryptocurrencies like Bitcoin—and now XRP—are increasingly being adopted for this role.

John Deaton

A prominent crypto lawyer and advocate for XRP holders, known for his role in challenging the SEC’s lawsuit against Ripple.

SEC (U.S. Securities and Exchange Commission)

The federal agency responsible for enforcing securities laws and regulating the U.S. financial markets, including decisions on ETF approvals and cryptocurrency regulations.

Spot ETF

An ETF that directly holds the underlying asset—in this case, XRP—rather than derivatives or futures contracts, offering pure exposure to the asset’s price movements.

Ripple

The fintech company behind XRP, focused on enabling real-time, cross-border payment solutions for financial institutions.

Sources and References

fxempire.com

tronweekly.com

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