Weekly Roundup: Top 10 Crypto News to watch - June 28, 2025
The current crypto market cap is at $3.29 Trillion with an increase of 0.53% in the last 24 hours. Bitcoin is currently trading at $107,406 with an increase of 0.40%, while Ethereum is trading at $2427 with a decrease of 0.75%. Here are the top crypto news highlights of the week.
Hacken, a prominent Web3 security firm, was hacked when an individual accessed a private key utilized for minting. The hackers minted 900 million counterfeit HAI tokens, sending the token's price down by 99%. The hack exposed severe vulnerabilities in the bridge security framework of Hacken and eroded trust in the organisation and the wider crypto security.
Donald Trump's Crypto Empire Under COIN Act Pressure
Senator Adam Schiff introduced the COIN Act to prohibit U.S. President, VPs, and their relatives from holding or promoting crypto. This is directed against Donald Trump, who was reportedly raking in more than $1 billion from digital currencies and NFTs.
Bitcoin Smashes $106K Following Trump-Supported Ceasefire
Bitcoin fell below $98,500 at the weekend owing to Middle East tensions but recovered above $106,000 after Donald Trump declared a Iran-Israel ceasefire. The development placated global anxieties and improved market sentiment. Traders are now waiting to observe whether Bitcoin will rise to $110,000 or plummet if tensions prevail.
Circle Stock Tops USDC Stablecoin in Market Cap
Circle (CRCL) and Coinbase (COIN) shares are on the rise as US lawmakers advance the GENIUS Act to license stablecoins. Circle stock has risen 750% since its June initial public offering, and Coinbase is snapping over key resistance levels. With increasing investor interest and policy support, the two stocks might keep on rising if crypto regulations progress comfortably.
ETH Breakout? SharpLink $493M Says Yes
Ethereum's value is increasing following NASDAQ-listed gaming firm SharpLink Gaming's investment of almost $494 million to purchase more than 188,000 ETH tokens. The firm staked all its positions, earning rewards and increasing share value by almost 19%. The significant action indicates robust institutional interest, propelling ETH over $2,460 and prompting the predictions it will soon be at $3,000.
Metaplanet surpasses TESLA in BITCOIN Buys 12,34BTC
Metaplanet has acquired 1,234 more Bitcoins, taking its holdings to 12,345 BTC. Metaplanet aims to hit 210,000 BTC by 2027, in hopes of holding 1% of all Bitcoin. This step makes the organisation Asia’s top corporate holder of BTC. Tesla holdings left behind.
Grayscale Adds AVAX, MORPHO In, LDO, OP Out
Grayscale has revised its crypto market report for Quarter 3 2025, officially adding AI as a new sector. It now includes 24 AI tokens with a $15B market cap. The organisation added Avalanche and Morpho to its Top 20 assets list. On the other hand, it has removed Optimism and Lido DAO to focus on stronger performers in the short-term.
Aqua 1 Drops $100M on Trump-Affiliated WLFI Token
Aqua1 Foundation, an investment fund firm from UAE, invested $100 million in Trump-linked WLFI. It became the largest investor in WLFI. This transaction gives Aqua1 major voting power and boosts WLFI’s plans for stablecoin USD1 and asset tokenization. Together, both are backing BlockRock. It is a new platform to bring RWAs on-chain. Although it has raised concerns over political ties and foreign influence.
Ripple Drops Appeal, XRP Rally Incoming
Ripple has formally dropped its appeal in its court fight against the SEC, indicating the battle is almost done. The business desires to continue and concentrate on expansion. With legal stress removed, XRP could now experience significant alterations such as an ETF, a Ripple IPO, and additional bank relationships, making this a vital moment for cryptocurrency.
India Bitcoin Reserve Plan Pushed by BJP Leader Pradeep Bhandari
India's BJP spokesman Pradeep Bhandari has called on the government to initiate a pilot Bitcoin reserve with seized BTC. He is convinced it will enhance India's economic prowess and leadership in digital finance. Influenced by the U.S. and Bhutan's approach to cryptocurrency, the move is a dramatic reversal for India at a world crossroads.
Michael Saylor’s BTC Vision: Bitcoin as Core Financial Infrastructure