It’s been a busy however regular day throughout the crypto area, with a number of developments price noting.
Bitcoin closed the month at $107,140, marking a brand new all-time excessive for month-to-month closes. Whereas not a sudden breakout, it’s a robust technical sign that continues to construct confidence amongst long-term buyers.
On the regulatory entrance, Fed Chair Jerome Powell is predicted to talk later as we speak, and markets can be awaiting any remarks associated to rates of interest or inflation that would affect danger property like crypto.
One of many larger tales gaining momentum is the rising optimism round spot ETFs for Solana (SOL), Litecoin (LTC), and XRP. Approval odds have climbed to 95%, in keeping with prediction platforms and analysts. Whereas not confirmed, this optimism helps hold altcoin sentiment afloat.
In different information, Circle, the issuer of USDC, has utilized for a nationwide belief financial institution license in the USA. The transfer indicators its intent to deepen ties with conventional monetary infrastructure. On the similar time, analyst ZachXBT has raised issues about Circle’s capacity to forestall illicit exercise involving USDC, particularly with regard to North Korea-linked wallets.
What’s scorching in #Crypto as we speak? 🔥👇
◆ #Bitcoin hits an ATH month-to-month closing value of $107,140.
◆ FED chair #Powell set to talk as we speak.
◆ The chance of approval of $LTC, $SOL, and $XRP spot ETFs is 95%.
◆ USDC issuer Circle applies for a nationwide belief financial institution license in… pic.twitter.com/kJw2i61p35
— Coinpedia Markets (@MarketCoinpedia) July 1, 2025
Talking of enforcement, the U.S. Justice Division introduced prices towards North Korean hackers accused of stealing nearly $1 million in crypto. In the meantime, Spanish police arrested 5 people in reference to a $541 million fraud case focusing on over 5,000 individuals, in keeping with Europol.
On the venture and ecosystem aspect:
- Floki launched its long-awaited Valhalla recreation on mainnet, after three years in improvement.
- XAI, a venture inside the Arbitrum ecosystem, introduced a 25 million token airdrop for Vanguard and Legendary NFT holders.
- Lido DAO will launch its twin governance mannequin on July 4, following neighborhood approval.
- Aptos continues to gain traction within the real-world asset (RWA) sector, with over $540 million now locked on-chain.
- Trusta AI launched the tokenomics for its upcoming $TA token, with 1 billion complete provide and 3% allotted to an airdrop.
- Chainlink has partnered with xStocks to supply on-chain pricing knowledge for tokenized shares and ETFs.
By way of safety, June noticed 15 notable assaults, costing the business round $111.6 million – a 56% drop in comparison with Could. It’s nonetheless a priority however factors to some optimistic trendlines in safety.
Learn additionally: Top 3 Undervalued Altcoins to Add to Your Watchlist
On the authorized and coverage aspect:
- Connecticut handed HB7082, a invoice banning Bitcoin reserves for sure establishments.
- The U.S. Supreme Court docket declined to overview a case involving crypto-related knowledge privateness.
- Donald Trump’s merchandise retailer now accepts TRUMP memecoin.
- American Bitcoin, a mining startup supported by Trump’s son, raised $220 million in funding.
- And U.S. senators are drafting a clause to incorporate tax exemptions for small crypto transactions within the Massive and American Act.
All in all, the day displays regular improvement fairly than main shocks. Whereas there’s no single headline dominating the area, the combination of ETF optimism, institutional strikes, and ecosystem progress exhibits that momentum continues to construct throughout completely different sectors of the market.
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