A significant rise in blockchain activity could be the catalyst for a major altcoin rally this June. Some digital assets appear primed for substantial gains. This article delves into the top contenders poised for impressive growth, revealing the three altcoins that might just lead the charge. Discover which coins to watch closely for potential investment opportunities. Hyperliquid Altcoin Exhibiting Bullish Growth and Key Levels Hyperliquid has shown notable price movements over the past month and six months. It recorded a gain of 72.61% in the past month and an impressive rise of 261.61% over the last six months. Although there has been a slight decline of 2.67% in the most recent week, indicating a short-term correction, the overall trend remains upward. The strong performance in these periods reflects growing investor interest and a bullish sentiment in the altcoin sector. The price fluctuations indicate a volatility that is linked to the ongoing trends in the crypto bull run. The current price action shows a trading range between $21.20 and $42.08, with bulls currently in control. Immediate resistance is at $51.47, while a higher resistance level is found at $72.35. Support rests at $9.73, where buying interest may return if prices decline. Key indicators, including the Awesome Oscillator and momentum readings, suggest positive strength, although the RSI indicates approaching overbought territory. Strategies may involve purchasing near support levels and targeting breakouts above the resistance at $51.47, while keeping an eye on potential short-term corrections. SUI Coin Behavior Amid Recent Market Trends SUI experienced a monthly slip of around 0.53% and a six-month decline of nearly 9.88%. A one-week drop of roughly 4.97% affected its trading range between $2.77 and $4.01. Price movements indicated downward pressure with intermittent rebounds and modest resistance shaping its path. The market has shown caution, marked by short-term corrections that have led to consolidations near established levels. This reflects a balance between losses and rebound opportunities, supported by recent market indicators that highlight shifts in trend over the past weeks and months. SUI currently trades between $2.77 and $4.01, with support at $2.29 and a secondary floor at $1.05. Resistance is noted at $4.77, with further resistance at $6.01. Technical indicators show a lingering bearish influence, as the Awesome Oscillator reads -0.345 and the Momentum Indicator stands at -0.307, indicating downward pressure from sellers. The RSI, at 42.79, highlights weak buying momentum. Bulls seem less active, and the market lacks a clear trend. Trading strategies should focus on the stability of key levels, considering positions near the lower support or rebounds near resistance, while closely monitoring market signals for potential shifts. Toncoin's Recent Roller-Coaster Journey Over the past month, Toncoin climbed steadily, gaining approximately 3.73%, signaling a recovery and renewed interest among traders. However, the last six months presented a different story, with a substantial drop of around 53.60%, which tested the confidence of many investors. This price behavior illustrates rapid fluctuations that have made traders more cautious, as they keep a close eye on developing trends in the market. The current price range is between $2.79 and $3.61, with key resistance levels at $4.06 and $4.88. Immediate support is found at $2.43, with a fallback level at $1.61. The 52.008 relative strength index and moderate momentum indicate a balance between buyers and sellers, with neither side holding a decisive advantage. A one-week change of 7.78% hints that bulls are attempting to initiate a move upwards. Traders might look to enter positions within this range, aiming for a break above the first resistance point while being cautious of a potential drop below key support levels. Conclusion The rise in on-chain activity points to a potential major rally in June. HYPE is drawing attention for its innovative features. SUI appears poised for strong performance due to its increasing user base. TON ’s recent updates make it a promising pick. Focusing on these altcoins could yield significant returns. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Congressman Brandon Gill (R-TX) is under scrutiny for allegedly improperly disclosing Bitcoin purchases of up to $500,000, according to a June 3 report from Open Secrets. Brandon Gill Under Fire for Bitcoin Disclosures According to the article , Gill made two different purchases of Bitcoin between $100,001 and $250,000 on January 29 and February 27. The report alleges that Gill failed to appropriately divulge both transactions until after a 45-day disclosure deadline required by the Stop Trading on Congressional Knowledge Act (STOCK), based on a periodic transaction report signed by the freshman politician on May 30. BREAKING: A US politician has disclosed large buys in bitcoin BEFORE the US announced its creation of a Bitcoin strategic reserve. Representative Brandon Gill bought up to $850,000 of Bitcoin on 01/29/2025, 02/27/2025, 05/13/2025, and 05/18/2025. He is on the Committee on… pic.twitter.com/AuuH0nHYeY — unusual_whales (@unusual_whales) June 2, 2025 Signed into law in 2012, the STOCK Act is intended to prevent members of Congress from committing insider trading. Gill’s first Bitcoin purchase this year was made less than one week after U.S. President Donald Trump issued an executive order establishing a working group on cryptocurrency in a bid “to establish regulatory clarity for digital financial technology.” On March 6, Trump announced the creation of a Strategic Bitcoin Reserve and digital asset stockpile in hopes of “positioning the United States as a leader among nations in government digital asset strategy.” Will Donald Trump’s Face Be on the $100 Bill? Gill has long touted his support for Trump, most recently introducing the Golden Age Act of 2025 in order to put Trump’s face on the $100 bill. “President Trump could be enjoying his golden years golfing and spending time with his family,” Gill said in a March 2025 statement. “Instead, he took a bullet for this country and is now working overtime to secure our border, fix our uneven trade relationship with the rest of the world, make America energy independent again, and put America first by ending useless foreign aid.” “There has been no one who has done more to bring America into the golden age than President Trump,” he added. “Featuring him on the $100 bill is a small way to honor all he will accomplish these next four years.” The post Texas Congressman Slammed for Delayed Bitcoin Disclosure of $500K Purchases appeared first on Cryptonews .
Pump.fun, the Solana-based token launch platform at the center of the memecoin craze, plans to hold a $1 billion token sale at a full valuation (FDV) of $4 billion. A total of three sources stated that the token sale will be open to both private and public investors. However, it is not yet clear when exactly the token will be released or whether it will be distributed through the Pump.fun platform. However, a post on the platform’s X (formerly Twitter) indicated that the token could arrive within the next two weeks. Related News: Expert Analyst Predicts When the Fed Will Cut Interest Rates - “It Will Be Bigger Than Expected” If the planned $4 billion valuation materializes, Pump.fun will become the crypto world’s latest “unicorn” startup, having dominated the memecoin market over the past year. Launching in early 2024, Pump.fun allows users to instantly create their own Solana-based tokens for free. The platform has quickly attracted the attention of crypto investors, generating more than $700 million in revenue to date. *This is not investment advice. Continue Reading: JUST IN: Important Development for Memecoins – New Token Arrives with a $4 Billion Valuation
Elon Musk’s Tesla is poised to increase its Bitcoin holdings amid concerns over the recent U.S. Congressional spending bill, signaling renewed institutional interest in cryptocurrency. Pro XRP lawyer John E.
TRUMP SIGNED ORDER RAISING STEEL, ALUMINUM TARIFFS TO 50%: WHAT
Pump.fun plans to sell 1 billion dollars worth of tokens at a 4 billion dollar FDV.
Pump.fun’s own token is coming soon, sources tell Blockworks
Bitcoin maintains stability above $106,300, boosting altcoin recovery. Ethereum targets $3,200, but $2,700 threshold remains elusive. Continue Reading: Cryptocurrency Market Eyes New Heights with Strategic Predictions The post Cryptocurrency Market Eyes New Heights with Strategic Predictions appeared first on COINTURK NEWS .
Key Takeaways: Wang Yongli urges accelerated e-CNY development and suggests launching an offshore yuan stablecoin in Hong Kong. Regulatory developments in the U.S. and Hong Kong are seen as reinforcing U.S. dollar influence in digital payments. His proposal includes integrating digital identity systems with digital currency to enhance competitiveness. The growing scale of U.S. dollar-backed stablecoins presents a strategic challenge for China’s monetary system, according to a blog post published by economist Wang Yongli on June 3. Wang, a former deputy governor at Bank of China, warned that unchecked expansion of USD stablecoins risks undermining China’s efforts to promote the renminbi in global payments. USD Stablecoin Growth Puts Pressure on e-CNY Strategy Wang pointed to the rapid growth of fiat-pegged digital tokens like USDT and USDC, which processed more than $27 trillion in settlements last year and now represent over 99% of the fiat-backed stablecoin market. He argued that these developments, along with newly passed regulatory frameworks in the U.S. and Hong Kong, indicate a shift in global finance that China’s mainland must respond to with urgency. “If the digital yuan cannot match or exceed the efficiency and cost advantages of USD stablecoins, the internationalization of the renminbi will face serious obstacles,” Wang wrote. He called for an accelerated rollout of the e-CNY beyond domestic retail trials, suggesting that China consider launching an offshore yuan stablecoin in Hong Kong. The move, he said, could serve as a transitional model to support CNY-based digital payments in global markets. Wang also cautioned that the global regulatory embrace of stablecoins, particularly those linked to the U.S. dollar, effectively reinforces U.S. monetary dominance. Multi-CBDC Networks Viewed as Potential Strategic Outlet With the Hong Kong dollar itself pegged to the greenback, he noted that the city’s new regulatory regime further strengthens dollar-based settlement networks across Asia. Hong Kong approved a new law enabling fiat-backed stablecoin licensing, creating a regulatory path for issuers under the Monetary Authority. #hk #hongkong #stablecoin https://t.co/L71QbPmGTZ — Cryptonews.com (@cryptonews) May 21, 2025 While current policies in mainland China restrict crypto trading and the use of privately issued tokens, Wang said selective engagement, particularly in enterprise applications and payment infrastructure, may be necessary to maintain relevance in the evolving digital finance environment. “Stablecoins have become a high-stakes arena for both geopolitical and economic influence,” he wrote, adding that integration of digital identity infrastructure with digital currency could give China a long-term advantage if effectively implemented. Wang previously held board positions at SWIFT China and served in senior roles across multiple financial and technology firms. His comments reflect growing concern among Chinese financial experts about the pace and direction of global digital asset development. Wang’s comments raise the question of whether e-CNY could eventually participate in multi-CBDC platforms that support direct settlement across borders. Such integration, if pursued, would not only counterbalance dollar-denominated stablecoins but also offer China an alternative path to scaling yuan-based transactions. Frequently Asked Questions (FAQ) Could USD stablecoins impact global monetary policy coordination? Widespread use of USD stablecoins may reduce the effectiveness of local monetary policies, especially in emerging markets, by increasing dependence on dollar liquidity outside traditional banking systems. How might a digital yuan stablecoin affect offshore RMB usage? A digital yuan stablecoin could enhance RMB liquidity in international markets where direct use of the e-CNY is limited, especially in trade, remittances, or DeFi protocols that require blockchain-native assets. What challenges would China face in issuing a yuan stablecoin from Hong Kong? Regulatory clarity, custody of reserves, exchange controls, and cross-border compliance frameworks would all need to be addressed to ensure alignment with mainland monetary policy while serving global markets. The post Former Bank of China Executive: Rise of Stablecoin Poses Policy Challenge for China appeared first on Cryptonews .
Donald Trump is the name behind a new crypto wallet, but Donald Trump Jr. says his family has nothing to do with it. The project, branded as the Official $TRUMP Wallet, was promoted Tuesday in a public post by Magic Eden, in partnership with GetTrumpMemes.com. The site urges people to join a waitlist, claiming it’s the only wallet officially tied to the $TRUMP token, created by the team behind the president’s memecoin. The wallet website says: “Yes! This is The Official $TRUMP Wallet by President Trump. Magic Eden partnered with GetTrumpMemes.com to create the first and only $TRUMP Wallet. Have Fun!” That came just days after Trump hosted a private dinner for the biggest holders of his meme token — an event that raised eyebrows from critics accusing him of turning his presidency into a crypto marketing scheme. Don Jr. denies link to the wallet and focuses on stablecoin Less than an hour after the announcement, Donald Trump Jr. posted on X, writing: “The Trump Organization has zero involvement with this wallet product. Eric Trump and I know nothing about it. Stay tuned—World Liberty Financial, which we have been working tirelessly on, will be launching our official wallet soon.” In an interview on CNBC’s Squawk Box before the post, Don also made it clear: “I wasn’t involved in the meme coin. I’m more focused on the stablecoin, the bitcoin mining.” The $TRUMP token, which was launched three days before the Inauguration, has been the main coin tied to the Trump name in crypto. 80% of the supply is held by the Trump Organization and its affiliates, making it the financial center of Trump’s current crypto ventures. At its highest point, the token hit a market cap of $15 billion, but most of those gains are now gone. Even though the coin’s value dropped, its creators are still earning. Every transaction made using the $TRUMP token automatically sends a cut to the developers’ wallets. Between January and April, over $324 million in trading fees landed in wallets connected to the token’s team, according to data tracked by Chainalysis. Trump family says crypto move was driven by being ‘debanked’ Don Jr. said the move into crypto wasn’t some gimmick. He explained that the family had to look for alternatives after being shut out by banks following Trump’s entry into politics. “I could call any single banker in New York City,” he said. “They’d pick up the phone, I’d be able to get a loan for whatever real estate project I was doing across the street. Then we got into politics, and all of a sudden they wouldn’t take your call. You couldn’t get financing. We were debanked.” That’s what led to their push into crypto, and now to their focus on a stablecoin called USD1, issued by World Liberty Financial. The token is fully backed by US Treasurys, and Donald Jr. says it could help boost America’s financial dominance. “They’re literally some of the biggest buyers of US Treasurys in the world, replacing a lot of the countries that would have been traditionally doing that,” he said , pointing to Tether, which holds nearly 70% of the global stablecoin market. Tether’s own holdings include about $120 billion in US government debt, which places it above countries like Germany and the UAE as a top Treasury holder. Don Jr. added, “Stablecoins could be the savior of US currency.” The Trump family’s growing involvement in crypto, though, has drawn heat. Critics say a sitting president with financial interests in tokens creates space for corruption and foreign money to enter US politics. Donald Jr. pushed back by highlighting crypto’s anonymity. “You don’t know who’s actually doing any of these things,” he said. “It’s hard to influence if you don’t actually know where this stuff’s coming from.” That hasn’t stopped big names from getting involved. Justin Sun, founder of the Tron blockchain, increased his stake in WLFI tokens — tied to the Trump family’s stablecoin initiative — to $75 million in January. A court filing the next month revealed he and the Securities and Exchange Commission were working on settling a fraud case. Sun also bought a big chunk of the $TRUMP token, becoming one of the top holders, and bringing his total investment in Trump-tied coins to at least $97 million. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now