Despite Bitcoin’s price decline and record-high mining difficulty, the network's 7-day average hashrate just hit an all-time high of 942.6 EH/s.

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🗞 June 3, 2025 cryptocurrency news highlights

【Cryptocurrency】
Dogecoin (DOGE) Price Eyes $0.43 as Breakout Looms: Key Support Holds Strong🐶

【Economy】
Robinhood has acquired crypto exchange Bitstamp for $200m in cash, expanding its institutional crypto reach across Europe, the UK, and Asia.

【Indicators】
Despite Bitcoin’s price decline and record-high mining difficulty, the network's 7-day average hashrate just hit an all-time high of 942.6 EH/s.

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Blackrock’s Bitcoin ETF $ IBIT is the youngest top 25 biggest ETFs at 1.4 years old.🚀

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Ethereum Up 3%: Can It Outperform Bitcoin From Here On?🔹

Ethereum is nearing a breakout after nearly three years of consolidation. Traders believe that surpassing the $3,000 mark could trigger a strong altcoin rally, especially if Bitcoin continues to rise.

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Elon Musk and the Future of Dogecoin: 2025 Cloud Mining Profitability Analysis for Smart Investors🐶

Fiobit, a cloud mining company in South Brisbane, is attracting both new and experienced users with its secure, user-friendly platform. It offers affordable mining packages, removing the need for expensive equipment or maintenance, and enables users to mine Bitcoin and Dogecoin easily in 2025.

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Ripple’s Latest Regulatory Win Sends XRP Surging🪙

Ripple’s stablecoin RLUSD has been approved for use in Dubai’s DIFC financial zone, enabling broader integration with Ripple’s payment solutions. Following the June 3 announcement, XRP rose nearly 4% to $2.25. RLUSD, launched in December 2024, supports cross-border payments and aims to boost institutional blockchain adoption.

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SEC Commissioner Slams Confusing Crypto Rules

SEC Commissioner Caroline Crenshaw criticized the agency’s inconsistent crypto regulations, calling them “regulatory chaos.” She urged for clearer guidelines to protect investors and bring stability to the digital asset market.

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Stablecoins now dominate crypto spot markets, making up over 80% of total spot trading volume in 2025.

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BlackRock’s iShares Bitcoin Trust ETF (IBIT) has entered the Top 25 largest ETFs with $72.4bn in assets—just 1.4 years since launch. It’s the youngest fund on the list by 9x, with the next youngest at 12.6 years.

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Moscow Exchange launches bitcoin-linked futures contracts for qualified investors, with pricing tied to the U.S.-listed iShares Bitcoin Trust ETF and settlements in rubles.

Sber, the largest Russian bank, is also rolling out bitcoin futures and structured bonds linked to BTC and USD/RUB, following recent regulatory approval from the Bank of Russia.

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A 24-year-old Franco-Moroccan man suspected of orchestrating a string of kidnappings targeting crypto entrepreneurs in France has been arrested in Tangier, Morocco.

Authorities believe Badiss Mohamed Amide Bajjou may have coordinated attacks, including the high-profile abduction of Ledger co-founder David Balland, whose finger was severed for ransom.

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🗞 June 4, 2025 cryptocurrency news highlights

【Cryptocurrency】
Elon Musk and the Future of Dogecoin: 2025 Cloud Mining Profitability Analysis for Smart Investors🐶

【Economy】
Ripple’s Latest Regulatory Win Sends XRP Surging🪙

【Indicators】
BlackRock’s iShares Bitcoin Trust ETF (IBIT) has entered the Top 25 largest ETFs with $72.4bn in assets—just 1.4 years since launch. It’s the youngest fund on the list by 9x, with the next youngest at 12.6 years.

【More】
Moscow Exchange launches bitcoin-linked futures contracts for qualified investors, with pricing tied to the U.S.-listed iShares Bitcoin Trust ETF and settlements in rubles.

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Elon Musk responded to Coinbase CEO Brian Armstrong saying Bitcoin may take over as world reserve currency 👀

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Adam Back commits SEK 21M to H100 Group as part of its Bitcoin treasury strategy, with an option to expand to SEK 277M through a multi-tranche, convertible loan deal.💃

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XRP Surge As Webus Files Form 6-K With SEC for $300M Treasury Management Plan🪙

Webus International filed a Form 6-K with the SEC, appointing Samara Alpha to manage up to $300 million in XRP for its treasury operations. Funded through credit or non-equity financing, the move aims to integrate blockchain into Webus’s mobility and hospitality platforms to improve payment efficiency and reduce costs. XRP rose 3.3% after the announcement.

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XRP Trades Steady, Fartcoin Rebounds Fast, But Web3 ai’s 1747% ROI Potential Makes the Boldest Case This Year🪙

XRP, Fartcoin, and Web3 AI ($ WAI) are trending in crypto. XRP holds steady at $0.52 with signs of investor accumulation. Fartcoin shows strong social momentum and technical signals despite volatility. Web3 AI, in Stage 7 of its presale at $0.000402, has raised over $7 million and stands out with a clear AI-driven use case and upcoming tool launches, indicating strong long-term growth potential.

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Fed Beige Book: U.S. Economy Slows as Tariff Concerns Grow 📉

The Federal Reserve’s Beige Book reports a slowdown in U.S. economic activity over the past six weeks, with weaker hiring and rising concerns over tariff-related price hikes. Inflation was described as moderate, but many businesses expect faster cost increases ahead. The term “tariffs” appeared 122 times, up from 107 in April.

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A solo miner successfully mined a Bitcoin block, earning 3.151 $ BTC worth over $330,000 ⛏

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Upbit 24-hour trading volume ranking: BTC, XRP, and POKT ranked in the top three

According to CoinGecko data, in the past 24 hours, Upbit's trading volume reached US$1.496 billion, of which the BTC/KRW trading pair ranked first in the Korean won trading market with a trading volume share of 8.81%. The other top five are: XRP, POKT, ETH, and SOPH.

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JPMorgan will begin accepting select crypto-related assets as loan collateral for trading and wealth management clients, starting with BlackRock’s iShares Bitcoin Trust. The bank will also count crypto holdings toward clients’ liquid assets when evaluating net worth.

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