Home » Crypto news for 11th Jun 2025

Crypto news for 11th Jun 2025

by hotshed71

Contents

Today’s Top Crypto Headlines

1. Bitcoin Nears Record High Ahead of CPI Data

Bitcoin edged up to around $109,500–$110,000 in anticipation of May’s U.S. CPI report, reflecting its close correlation with equities and sensitivity to macro trends.
Why it matters: A cooler CPI could boost risk assets, including crypto, accelerating the ongoing rally.

2. Ethereum Surges Toward $3K on U.S.–China Trade Optimism

Ethereum jumped ~5.6% to $2,873 after dovish inflation data and a draft U.S.–China trade framework lifted institutional risk appetite.
Why it matters: Rising institutional ETH demand and staking tight supply could fuel sustained upside.

3. Crypto Market Broad-Based Rally–98% of Top Assets Green

Major altcoins rallied 6–11%, with tokens like Polkadot ecosystem, Optimism, and Jito up double-digit, following renewed ETF inflows and macro easing.
Why it matters: Encouraging signs of capital rotation into altcoins beyond BTC/ETH signal deeper market momentum.

4. Kentucky Mansion of “Crypto Bros” Raided in Torture Case

ATF and NYPD raided a $1M Kentucky mansion owned by accused torturers seeking crypto passwords, adding a grim undercurrent to high-profile crime cases.
Why it matters: Highlights growing enforcement risks tied to crypto and illicit activity.

5. Binance Registers Solana ETF in Delaware

Binance filed for a Solana-based ETF in Delaware following growing interest in layer‑2 tokens and institutional positions.
Why it matters: Signals institutional appetite for Solana exposure and may serve as a gateway for mainstream U.S. investment.

Market Snapshot (as of June 11, 2025 – 14:00 UTC)

  • Bitcoin (BTC): ~$108,833 (–0.62%)
  • Ethereum (ETH): ~$2,821 (+2.1%)
  • Top 5 Altcoins:
    • BNB ~$668 (+0.9%)
    • XRP ~$2.32 (+2.4%)
    • Solana ~$167 (+5.8%)
    • Dogecoin ~$0.20 (+6.4%)
    • Cardano ~$0.72 (+3.3%)
  • Global Market Cap: ~$3.46 T (+0.9%)
  • Top Gainers: Polkadot ecosystem, Optimism, Jito, Kaia (+12–20%)
  • Top Losers: Stablecoins, LEO, XDC (–2%)

Regulatory & Policy Watch

  • U.S. Inflation Data: May CPI release expected to steer Fed tone and investor appetite.
  • Enforcement Action: Crypto-linked criminal networks face increasing scrutiny as seen in Kentucky mansion raid.
  • ETF Expansion: Binance’s Solana ETF filing reflects growth in alt-L1 institutional exposure infrastructure.

Project Spotlight: Solaxy (Solana L2 Scaling Platform)

  • What it is: A high-speed, low-latency layer-2 built on Solana.
  • Why it’s gaining attention: Raised $47M and seeing adoption across DEXes.
  • Highlights: Native staking rewards, high throughput, partnership-driven roadmap.

Tech & Innovation

Ethereum Staking Supply Squeeze: Over 34.65M ETH (29% of total supply) now staked. Limited liquid ETH is supporting price resilience and enhancing staking APY opportunities.

Notable Tweets or Threads

@cz_binance:
“Seeing strong deposit growth into alt‑L1 ETFs; Solana interest surging.”
Context: Insight on institutional Solana demand after ETF filing.

@CryptoCobain:
“BTC and ETH are consolidating ahead of macro news. Don’t get too bullish until CPI lands.”
Context: Macro caution even amid strong crypto momentum.

Crypto Tip of the Day

Monitor staking dashboards to track locked supply and yield.
Use tools like Beaconcha.in or Lido to analyze ETH staking dynamics and optimize your passive income strategy.

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