Connecticut bans state investment in Bitcoin and virtual currencies as it passes HB7082 into law, while imposing additional requirements on money transmitters ⛔️

📱@Money 📱Twitter

Bloomberg ETF analysts updated their latest odds of approval for crypto spot ETFs with Baskets/Index funds, Litecoin and Solana leading the pack at 90% approval odds 💰

📱@Money 📱Twitter

Ethereum's market value exceeds that of Industrial and Commercial Bank of China, and its global asset market value ranking rises to 37th

According to 8marketcap data, Ethereum's market value has risen to US$337.64 billion, surpassing Industrial and Commercial Bank of China and ranking 37th in global asset market value.

📱@Money 📱Twitter

Crypto funds saw a record $7.05bn in inflows in May, as institutional investors ramped up exposure to digital assets amid mounting market uncertainty, reflecting growing confidence in crypto as a macro hedge and portfolio diversifier.

📱@Money 📱Twitter

Daily active addresses on the Avalanche network have surged 200% since the start of 2025, reaching 2.2m—up from just 430k in April, marking a 5x rebound in recent weeks.

📱@Money 📱Twitter

Donald Trump announced on social media that the U.S. and China have finalized a trade deal, pending final approval from him and President Xi.

He emphasized that China will supply rare earths and magnets, while the U.S. will uphold its commitments, including allowing Chinese students to study at American universities.

📱@Money 📱Twitter

🗞 June 11, 2025 cryptocurrency news highlights

【Cryptocurrency】
Crypto funds saw a record $7.05bn in inflows in May, as institutional investors ramped up exposure to digital assets amid mounting market uncertainty, reflecting growing confidence in crypto as a macro hedge and portfolio diversifier.

【Economy】
Donald Trump announced on social media that the U.S. and China have finalized a trade deal, pending final approval from him and President Xi.

【Indicators】
Daily active addresses on the Avalanche network have surged 200% since the start of 2025, reaching 2.2m—up from just 430k in April, marking a 5x rebound in recent weeks.

【More】
Bloomberg ETF analysts updated their latest odds of approval for crypto spot ETFs with Baskets/Index funds, Litecoin and Solana leading the pack at 90% approval odds 💰

📱@Money 📱Twitter

Saylor Declares Crypto Winter Over, Sees Bitcoin Hitting $1M 🪙

Michael Saylor says the crypto winter is over and predicts Bitcoin could reach $1 million. He noted limited BTC supply from miners and growing institutional demand. Backed by major holders like MicroStrategy and political support, Saylor believes Bitcoin is on a strong upward path, though short-term volatility remains possible.

📱@Money 📱Twitter

Ripple and Ondo Usher in New Era for Tokenized Treasuries on XRP Ledger🪙

Ripple and Ondo Finance have introduced tokenized U.S. Treasuries (OUSG) on the XRP Ledger, enabling 24/7 onchain access and settlement. This innovation allows institutions to manage treasury assets more efficiently using Ripple’s RLUSD stablecoin, offering faster, cheaper, and more flexible financial operations while promoting broader adoption of tokenized real-world assets.

📱@Money 📱Twitter

Bitcoin hashrate hits a new ATH 🚀

📱@Money 📱Twitter

Dogecoin rebounds 3% as Elon Musk backs down from feud with Trump🐶

Dogecoin, a crypto memecoin that tends to fluctuate on Musk-related news, rebounded on Wednesday after tech billionaire Elon Musk backed down from an escalating feud with President Donald Trump.

📱@Money 📱Twitter

Shiba Inu’s (SHIB) Rough Month Fuels Doubts, While Ruvi AI (RUVI) Gains Trust Among Its Holders Thanks To Upcoming Audit📶

Shiba Inu (SHIB) is facing increased volatility and investor doubts due to concerns over its utility and price stability. In contrast, Ruvi AI (RUVI), a blockchain-based AI platform, is gaining momentum with $1.7 million raised, 145 million tokens sold, and an upcoming CyberScope audit, positioning itself as a more reliable and scalable investment option.

📱@Money 📱Twitter

"Three battles with ETH with 100% winning rate whale" 40,000 ETH short positions turned losses into profits, with a nominal value of US$111 million🚀

📱@Money 📱Twitter

GameStop $ GME to raise $1.75 billion to make "investments in a manner consistent with GameStop’s Investment Policy”👀

📱@Money 📱Twitter

Binance Alpha now has PUNDI AI (PUNDIAI) online, and eligible users can claim the airdrop

according to the official announcement, Binance Alpha has now launched PUNDI AI (PUNDIAI).
Eligible Binance users must have at least 237 Alpha points and can claim an airdrop of 8 PUNDIAI tokens on the Alpha event page starting at 14:00 on June 12, 2025, Eastern Time 8.

📱@Money 📱Twitter

NBA Star Shaquille O'Neal has agreed to pay $1.8m to settle the FTX investor class action lawsuit, pending court approval.

The deal exempts him from future legal claims and bars him from seeking compensation from FTX’s bankruptcy estate.

O’Neal was accused of promoting FTX as a safe investment, unlike other FTX promoters who were dismissed from the case earlier.

📱@Money 📱Twitter

Sam Altman's World Chain has integrated Circle’s USDC and CCTP V2, replacing bridged USDC with natively issued stablecoins on its network.

📱@Money 📱Twitter

🗞 June 12 2025 cryptocurrency news highlights

【Cryptocurrency】
Shiba Inu’s (SHIB) Rough Month Fuels Doubts, While Ruvi AI (RUVI) Gains Trust Among Its Holders Thanks To Upcoming Audit📶

【Economy】
Sam Altman's World Chain has integrated Circle’s USDC and CCTP V2, replacing bridged USDC with natively issued stablecoins on its network.

【Indicators】
NBA Star Shaquille O'Neal has agreed to pay $1.8m to settle the FTX investor class action lawsuit, pending court approval.

【More】
Dogecoin rebounds 3% as Elon Musk backs down from feud with Trump🐶

📱@Money 📱Twitter

Trump Declares Himself “First Crypto President” at Coinbase Summit 👑

At the Coinbase State of Crypto Summit, Donald Trump called himself the “first crypto president,” vowing to end Biden-era restrictions on digital assets. He pledged regulatory clarity and support for initiatives like a Strategic Bitcoin Reserve to boost U.S. crypto leadership.

📱@Money 📱Twitter

Trump Calls Powell a ‘Numbskull’ as Bitcoin Dips 📉

Trump criticized Fed Chair Jerome Powell for not cutting interest rates, calling him a “numbskull” and hinting he may “force something” if Powell doesn’t act. Bitcoin dropped slightly amid the tensions.

📱@Money 📱Twitter