Weekly Crypto Market Wrap June 9-15, 2025
Last week was intense not just for digital assets but for global markets as well, largely due to escalating conflict in the Middle East. Despite ongoing strikes between Israel and Iran, Trump claimed peace is near, and markets responded with relief — welcoming a return of green candles after a brutal pullback. Bitcoin is holding near its all-time high, and if geopolitical tensions continue to ease, we may be just one catalyst away from a new ATH. Let’s dive into the key stories that moved the crypto world:
Trump: “The U.S. Must Dominate Crypto”. In true campaign-season style, Trump said he would create a "clear and simple market framework" for crypto — pledging full legalization and oversight of stablecoins and trading. This isn’t just bullish rhetoric — the crypto community is taking note. If Trump regains office, expect major SEC reforms to follow.
Source: https://x.com/WatcherGuru/status/1933173921198547441
SOL ETF Could Be Approved in One Month. A Solana ETF may get the green light from the SEC within 30 days. This would mark SOL's official entry into the institutional arena. If approved, it could ignite a new altcoin season, boosting not just SOL but also other Layer-1s across the board.
Saylor Buys 1,045 BTC at $105K. While everyone else watched the news, Michael Saylor stayed the course, adding another 1,045 BTC to MicroStrategy’s treasury. Strategy, indeed.
BlackRock’s IBIT Hits $70B in 341 Days. IBIT, BlackRock’s spot Bitcoin ETF, is now the fastest-growing ETF in history. Institutions aren’t just dabbling — they’re planting flags.
Source: https://x.com/KobeissiLetter/status/1932526577897595233
ETH Staking Hits Record 34.8M. There are now 34.8 million ETH staked — that’s nearly 29% of total supply. Holders clearly believe in the network’s future, and with supply tightening, the case for upward momentum strengthens.
Shopify to Accept USDC by End of 2025. Shopify will integrate USDC payments by year-end — marking a major win for stablecoin adoption in e-commerce. No banks. No 3% fees. Just seamless crypto payments.
60% of Fortune 500 Are Using Blockchain – Coinbase. Blockchain has officially gone corporate: 60% of Fortune 500 companies are now actively using it for tokenization, logistics, and payments. This isn’t hype — this is infrastructure.
Coinbase Launches Perpetual Futures in U.S. Coinbase is now the first CFTC-approved U.S. exchange offering perpetual futures to retail investors. Leverage is legal — and volatility is coming.
Binance Helps Shut Down Darknet Market. Binance assisted U.S. authorities in dismantling Incognito Market, a major darknet drug operation that moved over $80M in crypto. Exchanges are stepping up compliance — and helping legitimize the space.
Bullish Files for IPO. Crypto exchange Bullish has filed confidentially for a U.S. IPO. Quiet moves, big impact — exchanges are taking their place alongside traditional financial institutions.
Trump Announces U.S.–China Trade Deal. A new deal imposes 55% tariffs on Chinese goods and 10% on U.S. exports. Expect major shifts in supply chains — including rising costs for mining equipment.
Source: https://truthsocial.com/@realDonaldTrump/posts/114664632971715644
U.S. Inflation in May Falls to 2.4%. Inflation came in below expectations, boosting hopes for a more dovish Fed later this year.
U.S. and Mexico Cut Steel Tariffs. Lower steel prices are a win for data centers and mining infrastructure projects.
U.S. Budget Deficit Falls 9% in May. The deficit narrowed to $316B, thanks in part to increased tariff revenue — a small but welcome sign of fiscal stability.
Senate Moves Forward with Stablecoin Legislation. The GENIUS Act is gaining momentum. With $160B in stablecoins in circulation, regulatory clarity is long overdue — and finally in motion.
Vietnam to Legalize Digital Assets in 2026. Vietnam has announced plans to fully legalize crypto assets by 2026 — including exchanges and potentially even DeFi.
Argentina Clears President Milei in LIBRA Token Scam. Argentina’s anti-corruption office ruled that President Javier Milei had no role in the LIBRA token scam, keeping his pro-crypto image intact.
South Korea Embraces Stablecoins Under New Administration. The administration of Lee Jae-myung is supporting innovation, DeFi regulation, and stablecoin adoption — reaffirming South Korea’s role as a Web3 leader in Asia.
Gotbit Founder Alexei Andriunin Sentenced — and Released. Gotbit founder Alexei Andriunin served 8 months for excessive market manipulation practices. The message to crypto businesses: transparency is not optional.
Upcoming major token unlocks:
MRS: $202.60M
FTN: $88.80M (4.6%)
ZK: $39.30M (20.8%)
ARB: $31.45M (1.9%)
S: $16.42M (1.5%)
ID: $12.22M (16.9%)
SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.
