BitcoinWorld DeFi Tokens Soar: SEC Hints at Game-Changing Innovation Exemption Plan Big news just hit the crypto world, particularly for those invested in decentralized finance (DeFi). Several prominent DeFi tokens , especially those built on the Ethereum network, experienced a significant price surge recently. This upward movement wasn’t just random market volatility; it was directly tied to promising signals from a key regulatory body in the United States. What Triggered the Spike in DeFi Tokens ? The catalyst for this market excitement came from none other than the U.S. Securities and Exchange Commission (SEC). Specifically, comments from SEC Chair Paul Atkins (who was speaking at a DeFi roundtable, not the current chair Gary Gensler, it’s important to note the context reported by Decrypt suggests Atkins indicated the agency is working on this, potentially referencing past or ongoing internal discussions) suggested the agency is exploring an “innovation exemption.” Think of an innovation exemption as a potential regulatory sandbox or a specific carve-out designed to allow novel technologies, like those powering decentralized finance, to develop without immediately facing the full weight of existing, potentially ill-fitting, regulations. The idea is to foster growth and understanding before imposing strict rules that could stifle progress. This indication, even if preliminary, was enough to inject a wave of optimism into the market, particularly among projects that have been navigating uncertain regulatory waters. Notable Gainers: Uniswap Aave Sky and More Following the news, several key DeFi tokens saw impressive gains. The article specifically highlights: Uniswap (UNI): A leading decentralized exchange protocol. Reported gain: 23%. Aave (AAVE): A major decentralized lending and borrowing protocol. Reported gain: 16%. Sky (SKY): While less prominent than UNI or AAVE in the mainstream DeFi narrative, its inclusion in the report suggests broader positive sentiment across various DeFi projects. Reported gain: 15%. These aren’t just random tokens; Uniswap and Aave represent significant pillars of the current DeFi ecosystem. Their positive price action is often seen as a barometer for broader sentiment towards decentralized finance as a whole. The gains underscore how sensitive the crypto market, and DeFi specifically, is to regulatory news, particularly from influential bodies like the SEC. Positive signals can quickly translate into increased investor confidence and price appreciation. Understanding SEC Crypto Regulation and the Need for Clarity For a long time, the relationship between the crypto industry and regulators like the SEC has been complex and often contentious. The SEC’s mandate is to protect investors and maintain fair, orderly, and efficient markets. However, applying existing securities laws, designed for traditional financial instruments, to novel digital assets and decentralized protocols has proven challenging. Key points of contention in SEC crypto regulation often revolve around: Classification: Are certain cryptocurrencies or tokens securities, commodities, or something else entirely? The classification dictates which regulations apply. Decentralization: How do you regulate a protocol that has no central issuer or controlling entity? Innovation vs. Investor Protection: Regulators aim to protect the public, but the industry argues that overly strict or unclear rules can stifle innovation and push activity offshore. This uncertainty has been a significant headwind for DeFi projects operating in the U.S., making it difficult to build, launch products, and attract mainstream adoption without fear of future enforcement actions. Could an Innovation Exemption Be a Game Changer? The concept of an “innovation exemption” offers a potential path forward. While details are scarce based on the initial report, such a framework could: Provide a Regulatory Sandbox: Allow projects to operate within defined parameters for a limited time to demonstrate their functionality and risks under supervision. Offer Safe Harbors: Create specific conditions under which certain decentralized activities or token distributions would not be considered securities transactions, at least initially. Foster Dialogue: Encourage direct communication and collaboration between innovators and regulators to better understand the technology and its implications. An effective innovation exemption wouldn’t be a free pass, but rather a structured approach to gather information and allow responsible experimentation. It signals a potential shift from a purely enforcement-focused approach to one that incorporates aspects of understanding and facilitating technological advancement, provided investor protection is maintained. This more collaborative stance towards DeFi regulation, as reported, is precisely what sparked the recent optimism. It suggests the SEC might be open to finding ways for DeFi to thrive within a regulated environment, rather than seeing it purely as a threat. The Boost for Ethereum DeFi and the Broader Ecosystem Given that a significant portion of the current DeFi ecosystem, including major players like Uniswap and Aave, is built on Ethereum, positive regulatory news is a direct boost for Ethereum DeFi . Ethereum has become the foundational layer for much of decentralized finance due to its smart contract capabilities. Increased regulatory clarity or a favorable exemption could: Attract More Developers: Reduce the legal risks associated with building on Ethereum DeFi protocols. Encourage Institutional Interest: Make DeFi more palatable for larger financial institutions hesitant to enter due to regulatory uncertainty. Drive User Adoption: Build confidence among mainstream users that interacting with DeFi protocols is becoming more legitimate and less risky from a legal standpoint. Strengthen Ethereum’s Position: Solidify Ethereum’s role as the leading smart contract platform for decentralized applications. The health and growth of Ethereum DeFi are intrinsically linked to regulatory developments. This potential innovation exemption is seen as a significant positive step that could unlock further growth potential for the entire ecosystem. Challenges and What Lies Ahead While the news is positive, it’s crucial to temper expectations. An “innovation exemption” is currently just a concept being explored, according to the report. The details, scope, and implementation timeline are completely unknown. There are many questions that remain unanswered: What specific criteria would projects need to meet to qualify for an exemption? How long would such an exemption last? What kind of oversight would the SEC maintain over exempted projects? Could it apply to existing projects or only new ones? How would it balance innovation with the critical need for investor protection against fraud and manipulation? Furthermore, regulatory approaches can change, and the path from discussing a concept to implementing a functional framework can be long and complex. The crypto industry has seen regulatory hints and discussions before that haven’t always materialized into clear, favorable policies. Investors and developers should view this news with cautious optimism. It’s a positive signal, but not a guarantee of immediate or sweeping regulatory clarity. The hard work of defining and implementing such an exemption still lies ahead. Actionable Insights for the Crypto Community So, what does this mean for you? Stay Informed: Keep a close watch on further announcements or discussions from the SEC regarding this innovation exemption plan. Details matter immensely. Understand the Projects: While the news boosted many tokens, always research individual projects like Uniswap, Aave, and others to understand their fundamentals, not just react to news headlines. Recognize the Nuance: This is a potential shift in regulatory approach, not an end to regulation. Compliance and investor protection will remain priorities. Consider Long-Term Trends: Regulatory clarity, if achieved, is a long-term positive for the growth and maturation of the DeFi space. Conclusion: A Glimmer of Hope for DeFi’s Future? The recent surge in DeFi tokens , including significant players like Uniswap Aave Sky , following reports of the SEC exploring an innovation exemption plan is a powerful indicator of the market’s desire for regulatory clarity. For too long, uncertainty surrounding SEC crypto regulation has cast a shadow over the potential of decentralized finance. This potential exemption, even in its nascent discussion phase, represents a glimmer of hope that regulators are considering more nuanced approaches to oversee this rapidly evolving technology. While the path forward is still uncertain and details are needed, this news suggests a potential shift towards a more collaborative and innovation-friendly regulatory environment in the U.S. Such a shift could significantly de-risk building and participating in Ethereum DeFi and the broader decentralized ecosystem, potentially paving the way for greater adoption and integration into the mainstream financial world. The market’s reaction clearly shows that positive steps towards regulatory understanding are among the most significant catalysts for growth in the crypto space today. To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum DeFi price action. This post DeFi Tokens Soar: SEC Hints at Game-Changing Innovation Exemption Plan first appeared on BitcoinWorld and is written by Editorial Team
The post XRP Withdrawals Temporarily Suspended on Binance; Price Falls, Users React appeared first on Coinpedia Fintech News Binance, the largest crypto exchange in the world, recently paused XRP withdrawals for users everywhere. The exchange said this was only temporary, and its tech team was already working to fix the issue quickly. JUST IN: BINANCE SUSPENDS GLOBAL #XRP WITHDRAWALS pic.twitter.com/rKalCmou1q — XRP Chancellor (@xrpchancellor) June 9, 2025 The pause affected many users. Sometimes, problems like delayed ledger updates or network nodes falling out of sync can slow down how fast transactions are confirmed. That’s why exchanges stop withdrawals during times like this — to protect users and prevent failed or stuck transactions. However, while some users confirmed the suspension, there is no official statement from Binance yet. XRP Faces Key Resistance at $2.36 XRP is currently trading at $2.30, down 0.4% in the last 24 hours. XRP’s technical outlook is currently neutral, with a slight bullish tilt in the short to mid-term. It is trading above key support levels like the 10, 20, and 50-day EMAs (around $2.25–$2.26), which is a good sign. The 200-day SMA at $2.36 is a key resistance level. MACD shows a small buy, but momentum signals are weak. XRP needs a stronger push to break past $2.36. Community Reactions The XRP community was quick to react, speculating on the reason behind the withdrawal freeze. Some feared bigger issues with Binance or the XRP network, while others used it as a reminder of why self-custody wallets matter during such times. One user said, “This is why I move my crypto off exchanges.” Users noted that it’s probably just a small network issue. One frustrated user asked why anyone still uses Binance. One even guessed that Binance might not have enough XRP, and this always happens before the price drops, so people cannot sell in time.
BitcoinWorld Bitcoin Long-Term Holders Signal Unwavering Confidence as Supply Hits Record Peak In the dynamic world of cryptocurrency, where prices can swing wildly, a significant trend is unfolding beneath the surface: Bitcoin held by long-term investors is reaching unprecedented levels. This isn’t just a statistic; it’s a powerful signal about the conviction of experienced participants in the market. Understanding Bitcoin Long-Term Holders Who exactly are these Bitcoin long-term holders, and why does their behavior matter? In the language of on-chain analysis, a long-term holder (often abbreviated as LTH) is typically defined as a Bitcoin address that has held onto its coins for a significant period, commonly cited as 155 days or more. These are the investors who bought Bitcoin and have resisted the urge to sell, holding through market cycles, dips, and rallies. Their importance stems from their impact on the available Bitcoin supply. When LTHs accumulate and hold, they effectively remove coins from the actively traded supply, reducing potential selling pressure on the market. This behavior is often seen as a sign of strong conviction in Bitcoin’s future value, as these holders are less likely to be swayed by short-term price movements. Bitcoin Supply Dynamics: A Record High for HODLers Recent data highlights a remarkable milestone: the amount of Bitcoin held by long-term investors has surged to a record high of 14.46 million BTC. This figure represents approximately 73% of the total circulating Bitcoin supply. This is a significant percentage, indicating that the vast majority of mined Bitcoins are currently in the hands of those with a long-term perspective. Consider the implications: Out of roughly 19.7 million Bitcoins currently in existence, over 14.4 million are sitting untouched in wallets that haven’t seen activity for at least 155 days. This leaves a considerably smaller pool of Bitcoin available for buying and selling on exchanges. The scarcity created by this holding behavior can have a profound effect on market dynamics, particularly when demand increases. What This Means for Crypto Market Analysis Analyzing the behavior of Crypto market analysis often involves looking beyond price charts to on-chain data. The record high in long-term holder supply is a key metric that signals underlying strength and conviction within the market. It suggests that despite macroeconomic uncertainties or recent price corrections, a core group of investors remains fundamentally bullish on Bitcoin. Here are some insights derived from this trend: Reduced Selling Pressure: With such a large portion of supply locked away, there’s less Bitcoin readily available to be sold into rallies or panic sold during dips. Maturity of the Market: The increasing percentage held by LTHs indicates a maturing asset class where more participants understand and adopt a long-term investment horizon rather than short-term speculation. Potential Supply Shock: If demand were to significantly increase while the available supply remains constrained by LTHs, it could potentially lead to a supply shock, pushing prices upward rapidly. This metric acts as a counterpoint to negative sentiment often fueled by price drops, revealing a layer of stability and long-term optimism within the Bitcoin ecosystem. Implications for Bitcoin Price Prediction While no single metric can provide a definitive Bitcoin price prediction, the actions of long-term holders are historically significant indicators. Periods of high LTH accumulation often coincide with market bottoms or precede significant price rallies. Consider these historical parallels: Period LTH Behavior Market Outcome Late 2018 – Early 2019 Significant LTH accumulation after bear market low. Preceded the 2019 rally. Mid-2020 Sustained LTH accumulation despite COVID-19 uncertainty. Preceded the 2020-2021 bull run to new all-time highs. Mid-2022 – Present Consistent LTH accumulation through bear market and recovery. Current record high supply held. Potential signal for future price appreciation. The current record LTH supply mirrors accumulation patterns seen before previous bull markets. While past performance is not indicative of future results, this historical correlation is a strong data point for those attempting to forecast Bitcoin’s trajectory. Adopting a Crypto Investment Strategy Inspired by LTHs The behavior of long-term holders offers valuable lessons for developing a sound Crypto investment strategy. Their success often comes from patience and conviction, holding through volatility rather than attempting to time the market perfectly. Key takeaways for investors: The Power of HODLing: The term “HODL” (Hold On for Dear Life) originated in the Bitcoin community and is the core principle of LTHs. This strategy involves buying Bitcoin and holding it for years, aiming to benefit from its long-term growth potential. Focus on Fundamentals: LTHs likely believe in Bitcoin’s core value proposition – its decentralized nature, scarcity, and potential as a store of value or global currency – rather than short-term hype. Accumulate During Dips: Historically, LTHs are strongest accumulators during bear markets or price corrections, viewing these periods as opportunities to buy Bitcoin at a discount. While not suitable for everyone, understanding the LTH strategy provides a perspective focused on long-term wealth building rather than short-term trading gains. Benefits of High Long-Term Holder Supply The increasing dominance of long-term holders brings several potential benefits to the Bitcoin market: Market Stability: A larger base of LTHs can absorb selling pressure from short-term traders, potentially reducing volatility during downturns. Foundation for Growth: A strong LTH base provides a solid foundation. When new demand enters the market (e.g., from institutions or retail investors), the limited available supply can lead to significant price increases. Signal of Confidence: The record high itself acts as a positive signal, potentially attracting more investors who see that experienced participants are not selling. Challenges and Considerations While the LTH trend is largely positive, it’s important to consider potential challenges: Eventual Distribution: At some point, LTHs will begin to sell to realize profits, typically during strong bull markets. This distribution phase can cap rallies or contribute to market corrections. Macro Headwinds: Even strong on-chain signals can be temporarily overshadowed by significant macroeconomic events or regulatory news. Definition Nuances: The 155-day definition is a heuristic. Some holders might move coins for non-selling reasons (e.g., changing wallets), which could slightly impact the exact number. Therefore, while the LTH supply is a powerful metric, it should be considered alongside other on-chain data and broader market factors. Examples from Past Cycles Looking back at previous cycles provides concrete examples of the LTH impact. During the depths of the 2018 bear market and the subsequent recovery phase in 2019, LTHs were consistently adding to their positions. Similarly, throughout 2020, despite the initial COVID-induced panic sell-off, LTHs accumulated aggressively, laying the groundwork for the massive bull run that followed in 2021. The current pattern of accumulation through the 2022 bear market and into the present mirrors these past behaviors, reinforcing the significance of the record high LTH supply figure. Actionable Insights for Investors For investors looking to navigate the crypto market, the record LTH supply offers actionable insights: Pay Attention to On-Chain Data: Metrics like LTH supply provide valuable insights into market structure and participant behavior that price charts alone don’t reveal. Consider a Long-Term Perspective: The success of LTHs underscores the potential benefits of adopting a long-term holding strategy for a portion of your portfolio. Understand Supply vs. Demand: Recognize that a constrained available supply due to LTHs can amplify price movements when demand increases. This data point reinforces the narrative that many experienced Bitcoin investors view the asset as a long-term store of value, similar to digital gold. Summary: A Strong Signal of Confidence The fact that Bitcoin held by long-term investors has reached a record high, comprising 73% of the total supply, is a powerful testament to the unwavering confidence of experienced holders. Despite facing market volatility and macroeconomic headwinds, these participants are choosing to hold onto their assets, signaling a strong belief in Bitcoin’s future potential for price appreciation. This record accumulation reduces the available supply, creating a favorable dynamic for potential future price increases if demand continues to grow. While challenges exist, the actions of this patient cohort provide a compelling bullish signal for the long-term outlook of the crypto market. To learn more about the latest Bitcoin trends, explore our articles on key developments shaping Bitcoin price action. This post Bitcoin Long-Term Holders Signal Unwavering Confidence as Supply Hits Record Peak first appeared on BitcoinWorld and is written by Editorial Team
Mog Coin bulls made significant strides higher on Monday.
A Barcelona court has launched a criminal probe into crypto firm Shirtum after star footballers allegedly promoted a failed NFT scheme.
The company raised $750 million in a private investment in public equity (PIPE) transaction at the end of May to acquire bitcoin. Bitcoin As an AI Safety Net: Strive CEO Artificial intelligence (AI) may wipe out 50% of all entry-level white-collar jobs within five years according to Dario Amodei, CEO of AI firm Anthropic. Similarly,
ETF analysts say the Securities and Exchange Commission could approve Solana, Ether staking and crypto index ETFs as soon as next month.
US investment giant Guggenheim has deepened its push into tokenized finance by launching its US Treasury-backed commercial paper product on the XRP Ledger through a $10 million partnership with Ripple. The move underscores the growing convergence between traditional finance and blockchain networks, particularly as prominent XRP supporters like attorney John Deaton and former Ripple executive Greg Kidd signal increasing confidence in Bitcoin’s long-term role in digital finance. Guggenheim Expands Digital Asset Push Through Ripple Partnership, Launches Treasury-Backed Commercial Paper on XRP Ledger US investment management giant Guggenheim is making another major leap into the digital asset space through a new partnership with Ripple. The collaboration will bring Guggenheim’s US Treasury-backed commercial paper offering to the XRP Ledger (XRPL), further signaling Wall Street’s accelerating embrace of tokenized real-world assets (RWAs). As first reported by Bloomberg , Guggenheim’s subsidiary, Guggenheim Treasury Services, will now offer its fixed-income investment product—fully backed by short-term US Treasurys with customized maturity windows of up to 397 days—directly on Ripple’s enterprise-grade blockchain network. In support of the launch, Ripple is investing $10 million into the asset, signaling its growing ambitions in the tokenization and RWA sector. Notably, the product may also be purchasable using Ripple’s RLUSD stablecoin, a US dollar-pegged asset that launched in December and has already surpassed $350 million in circulating supply. RLUSD supply (Source: RWA.xyz ) RLUSD, Ripple’s native stablecoin, currently operates on both Ethereum and the XRP Ledger, serving as a critical bridge asset in Ripple’s broader RWA strategy. The potential integration of RLUSD as a medium of exchange for Guggenheim’s fixed-income products represents one of the most concrete real-world use cases for a stablecoin in a regulated investment context. The development also follows Ripple’s recent regulatory greenlight for RLUSD from Dubai’s Virtual Assets Regulatory Authority (VARA), hinting at a broader global rollout. Guggenheim Doubles Down on Tokenization This isn't Guggenheim’s first venture into tokenized assets. In September 2024, the investment firm tokenized a $20 million commercial paper offering on Ethereum, marking its initial foray into blockchain-based capital markets. With the new XRP Ledger integration, Guggenheim is diversifying its blockchain footprint while positioning itself as a leader in bringing fixed-income instruments to decentralized platforms. The announcement aligns with a broader trend across the financial world: the rapid rise of real-world asset tokenization. Tokenization—representing real-world financial products as blockchain-based tokens—is quickly gaining steam among traditional institutions. BlackRock, Franklin Templeton, and Fidelity have already rolled out tokenized money market funds, with BlackRock’s BUIDL alone amassing nearly $3 billion in assets onchain via the Securitize platform. Securitize itself has over $4 billion in tokenized assets under management, positioning it as a key infrastructure provider in this evolving market. Tokenized US Treasurys have amassed more than $7 billion in value (Source: RWA.xyz ) Meanwhile, platforms like Midas are lowering barriers to entry by launching tokenized Treasury products on more scalable blockchains like Algorand. In contrast to BlackRock’s $5 million minimum investment in BUIDL, Midas’ product features no minimums, opening up access to retail and small institutional investors alike. The democratization of fixed-income markets, long criticized for high entry barriers, is being driven in large part by crypto-native firms who see tokenization as a tool for financial inclusion. Ripple’s Strategic Pivot to Institutional Finance Ripple’s latest collaboration also marks a clear strategic pivot toward institutional-grade blockchain finance. While Ripple has long been known for its cross-border payment infrastructure and legal battles with the SEC, the company is now focusing on unlocking new forms of financial utility using the XRP Ledger. By backing Guggenheim’s product and integrating RLUSD into the purchase process, Ripple is laying the groundwork for a stablecoin-centered ecosystem that facilitates access to tokenized sovereign debt, commercial paper, and other RWA instruments. This move complements the broader vision held by firms like Jump Crypto, which recently made an undisclosed investment into Securitize, reflecting continued venture capital interest in the RWA infrastructure layer. As tokenization becomes increasingly mainstream, partnerships like that of Guggenheim and Ripple serve as a bellwether for what’s to come. The convergence of legacy institutions, compliant stablecoins like RLUSD, and scalable blockchain protocols is rapidly redefining how fixed-income products are issued, accessed, and traded. With nearly every major asset manager now experimenting with digital representations of RWAs, the Guggenheim-Ripple partnership is more than just another blockchain experiment—it is a signal that the future of finance is being built onchain, one Treasury bill at a time. John Deaton Reaffirms XRP Holdings Amid Bitcoin Endorsement, Urges Unity in Crypto Community In related news, John Deaton, the outspoken pro-XRP attorney and former US Senate candidate, has clarified that he holds a “substantial” amount of XRP despite recent praise for Bitcoin. The statement came in response to backlash from members of the XRP community after Deaton shared a social media post endorsing Bitcoin as a long-term investment. Deaton’s comments stirred a debate among digital asset supporters who interpreted his pro-Bitcoin stance as a shift in loyalty. However, Deaton swiftly addressed the controversy, emphasizing that his belief in Bitcoin’s future potential does not conflict with his commitment to XRP or its broader ecosystem. Deaton surprised many with his assertion that Bitcoin is now a safer investment at $106,000 than it was at $20,000. While seemingly counterintuitive, Deaton’s reasoning stems from macroeconomic trends and geopolitical signals that he believes validate Bitcoin’s long-term use case. According to him, the ongoing expansion of government debt and persistent reliance on fiat money printing are catalysts that will continue to support Bitcoin’s ascent as a decentralized store of value. His perspective echoes a growing narrative among institutional investors: that Bitcoin is increasingly viewed as a hedge against monetary instability, inflation, and sovereign credit risk. XRP and Bitcoin: Not Mutually Exclusive While some XRP supporters saw Deaton’s Bitcoin commentary as a slight to the Ripple ecosystem, the attorney was quick to dispel the notion of tribalism in crypto investing. Deaton urged the community to view XRP and Bitcoin not as competitors, but as complementary assets in a growing digital finance universe. This view is gaining traction within the broader crypto community as well, especially with figures like Ripple CEO Brad Garlinghouse recently urging XRP supporters to avoid animosity toward Bitcoin advocates. Garlinghouse emphasized that unifying support across blockchain ecosystems will help the industry gain broader regulatory clarity and institutional acceptance. Meanwhile, adding another dimension to the story is Greg Kidd, a former Ripple executive, who has announced plans to launch a crypto fund modeled after Strategy’s aggressive Bitcoin accumulation strategy. Kidd is reportedly allocating 1,000 BTC to his fund—a move valued at over $100 million based on current prices. Kidd’s move demonstrates a broader acceptance of Bitcoin’s role even among Ripple veterans and signals the growing crossover between corporate treasuries and digital assets beyond XRP. His fund’s structure mimics Strategy’s now-famous approach to treasury management, where the firm has committed billions to Bitcoin to preserve shareholder value amid growing concerns over fiat devaluation. The Political Dimension: Deaton’s Senate Aspirations John Deaton’s views are particularly influential given his political ambitions. In 2024, he launched a Senate campaign to represent Massachusetts, pledging to defend crypto innovation and protect the rights of digital asset holders. His campaign drew support from pro-crypto voters frustrated with the lack of regulatory clarity in the United States. Though he didn’t win the seat, his platform helped raise awareness about the legal challenges faced by XRP and similar assets during the US Securities and Exchange Commission’s (SEC) crackdown on token issuers.
U.S. Senator Cynthia Lummis has spotlighted the urgent need to reform crypto tax regulations, emphasizing how current rules disproportionately burden Bitcoin miners and DeFi users. She highlights that existing tax
Ethereum prices tapped $2,822 following a 4% gain on the day during early trading in Asia on Wednesday morning. It is the highest price the asset has traded for since February 24, when it reached a similar level. ETH has now broken above resistance at $2,700, which stopped it from climbing higher four times over the past month or so. The next target above here is the psychological $3,000 barrier. Ethereum is “back in beast mode,” commented crypto trader ‘Merlijn’ who added that it smashed through $1,500 and $2,200 “like paper” and is “now staring down $4,000.” The next stop is price discovery, he added before predicting that it could move to five figures. Ethereum is back in beast mode. $ETH smashed through $1.5K and $2.2K like paper. Now it’s staring down $4K. Next stop? Price discovery. $10K isn’t a dream it’s a setup. pic.twitter.com/ldU1wLFeVx — Merlijn The Trader (@MerlijnTrader) June 10, 2025 Ethereum Is Back Bybit partner and trader ‘Christiaan’ observed that the next resistance level to be above this is $3,150; however, the asset had retreated back to $2,784 at the time of writing. “This breakout is driven by Bitcoin reclaiming the $110,000 level and a surge in leveraged trading,” wrote 10x Research analysts on June 11. Over the past month, Ethereum has experienced multiple price increases exceeding 10%, but each time it quickly retreated, they noted. However, the improvement in market sentiment was mainly influenced by several key events: “Vitalik’s scaling roadmap released on May 19, the US SEC on staking activities on May 29, the Ethereum Foundation’s fiscal policy on June 5, and the SEC’s more tolerant stance towards decentralized finance on June 9.” Ethereum advocate Anthony Sassano said he believes Ethereum will “win it all and winning all 3 of these prongs (settlement, execution, and store of value) is incredibly bullish and why ETH is going to one day be worth $100 trillion+.” Many people think that it’s bearish that Ethereum is trying to win it all (settlement, execution and SoV). I believe that Ethereum will win it all and winning all 3 of these prongs is incredibly bullish and why ETH is going to one day be worth $100 trillion+. Ethereum already… — sassal.eth/acc (@sassal0x) June 10, 2025 The ETH/BTC ratio, which measures Ether in terms of Bitcoin’s value, has also improved over the past few weeks, increasing to 0.025 at the time of writing. Elsewhere on Crypto Markets Bitcoin reclaimed $110,000 during Asian trading on Wednesday but retreated just below it shortly after. The asset has remained above six figures for a record five weeks now, solidifying support levels and priming for another leg up. Altcoins were primarily in the green with larger gains for Hyperliquid , Chainlink, and Uniswap, which surged 17% on the day. Total market capitalization was around $3.57 trillion at the time of writing, the highest it’s been since May 23. The post Ethereum Back in ‘Beast Mode,’ Surges to 15-Week High on Path to $3K appeared first on CryptoPotato .