21 Jun 2025 | 01:20:11 AM IST
Cryptocurrency News & Live Updates
Synopsis
U.S. regulators are increasingly likely to approve a series of crypto ETFs, with analysts raising approval odds to 90% or higher, indicating a pro-crypto stance from the SEC.
The U.S. Securities and Exchange Commission (SEC) is signaling a potential shift towards approving various crypto exchange-traded funds (ETFs), with analysts from Bloomberg estimating a 90% or higher chance of approval for several assets, including Solana (SOL), Litecoin (LTC), and XRP. This follows the remarkable success of Bitcoin ETFs, particularly BlackRock’s iShares Bitcoin Trust, which has amassed over $70 billion in assets. However, the demand for Ether (ETH) ETFs has been less enthusiastic, highlighting challenges in replicating Bitcoin's success with other cryptocurrencies. Meanwhile, KindlyMD is making headlines by securing $51.5 million in funding for Bitcoin investments through its merger with Nakamoto, reflecting a growing trend of corporations accumulating Bitcoin as a treasury asset. Additionally, the recent launch of Avail (AVAIL) on Binance Alpha, accompanied by a limited airdrop event, showcases the ongoing innovation in the crypto space. As the SEC approaches final decisions on multiple ETF applications, the market remains abuzz with anticipation for the future of crypto investments.
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SEC Poised to Approve Crypto ETFs
U.S. regulators are increasingly likely to approve a series of crypto ETFs, with analysts raising approval odds to 90% or higher, indicating a pro-crypto stance from the SEC.
Analysts Predict 95% Chance for SOL, LTC, XRP ETF Approval
Bloomberg analysts have raised the likelihood of the SEC approving spot ETFs for Solana, Litecoin, and XRP to 95% by 2025, alongside other cryptocurrencies like Dogecoin and Cardano at 90%.
Bitcoin (BTC) Hits 105,000 USDT Mark with Minor Gain
As of June 20, 2025, Bitcoin has surpassed the 105,000 USDT threshold, currently trading at 105,015.54 USDT, reflecting a modest 0.18% increase over the past 24 hours.
KindlyMD and Nakamoto Raise $51.5M for Bitcoin
KindlyMD has secured $51.5 million in PIPE financing through its merger with Nakamoto, bringing total Bitcoin treasury capital to $763 million, despite ongoing skepticism about the long-term viability of such investments.
Avail (AVAIL) Launches on Binance Alpha with Airdrop
Avail (AVAIL) has officially launched on Binance Alpha, offering eligible users a chance to claim a 2,667 AVAIL token airdrop using Alpha Points for a limited time.
Bitcoin Dips Below $103K Amid Market Volatility
Bitcoin's price dropped sharply to below $103,200, erasing earlier gains and triggering $450 million in liquidations, primarily from long positions, as the market grapples with mixed sentiments.
Bank of England Governor Questions Digital Pound Necessity
Bank of England Governor Andrew Bailey has expressed skepticism about the need for a retail digital pound, despite ongoing development of a wholesale CBDC for financial institutions.
Thai SEC Seeks Input on Utility Token Regulations
Thailand's SEC is consulting on new regulations that would allow exchanges to issue their own utility tokens while ensuring oversight to prevent illegal activities like insider trading.
Top Cryptos to Consider Before Friday's $6.5B Event
As the significant triple-witching event approaches on June 20, investors are eyeing strong crypto assets like Sei, Aerodrome Finance, and Aave for potential buying opportunities.
Cantina Launches Web3SOC Framework for DeFi Assessment
Cantina has unveiled Web3SOC, a standardized framework for evaluating DeFi projects, developed with input from various industry leaders. It assesses projects on operations, finance, security, and compliance, categorizing them into four maturity tiers for institutional due diligence.
Bitcoin (BTC) Falls Below 103,000 USDT
As of June 20, 2025, Bitcoin has dipped below 103,000 USDT, currently trading at 102,952.37 USDT, reflecting a 1.03% decline over the past 24 hours.
Solana and Aptos Lead Wyoming's WYST Stablecoin Search
Wyoming's Stable Token Commission has selected Solana and Aptos as the top candidates for its WYST stablecoin initiative, following the disqualification of another blockchain due to compliance issues.
Polkadot Approaches Oversold Levels: Rebound Ahead?
Polkadot is nearing extreme oversold conditions after a significant downtrend, with the RSI at historic lows and price resting on major liquidity, indicating a potential reversal rally may be imminent.
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