Regardless of every week of value consolidation for Bitcoin (BTC), rising digital asset laws might present the subsequent vital catalyst for the world’s first cryptocurrency.
Upcoming stablecoin guidelines, such because the Guiding and Establishing Nationwide Innovation for US Stablecoins (GENIUS) Act, might lay the inspiration for a Bitcoin cycle prime of over $150,000, in keeping with Alice Li, funding accomplice and head of US at crypto enterprise capital agency Foresight Ventures.
In the meantime, enterprise capitalist (VC) curiosity has slumped. The variety of VC offers closed recorded its lowest month of the yr in Could, with simply 62 funding rounds leading to $909 million raised.
A difficult “macro backdrop” paired with “higher-for-longer coverage charges, jittery bond markets and recent tariff headlines have made it more durable for threat belongings to get new M&A offers over the end line,” Patrick Heusser, head of lending at Sentora and a former funding banker, informed Cointelegraph.
Bitcoin reserve, stablecoin laws massive 2025 market catalysts, says VC
Enhancing regulatory readability in the USA might push Bitcoin previous $150,000 in the course of the present market cycle, in keeping with Alice Li, funding accomplice and head of US at crypto enterprise capital agency Foresight Ventures.
Throughout Cointelegraph’s Chain Response X Areas present on June 3, Li mentioned the crypto market’s 2025 rally had been pushed primarily by shifting US coverage.
“One of many strongest drivers is unquestionably the coverage change,” she mentioned, referencing US President Donald Trump’s Bitcoin reserve approval and stablecoin coverage developments as the principle catalysts for Bitcoin value upside in 2025.
“Stablecoin will likely be one of many strongest locations that I might make investments long run,” she added, citing regulatory progress within the US.
Li’s feedback got here because the trade was awaiting a full Senate vote on the Guiding and Establishing Nationwide Innovation for US Stablecoins (GENIUS) Act, which goals to set clear guidelines for stablecoin collateralization and mandate compliance with Anti-Cash Laundering legal guidelines.
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Ethereum reclaims DeFi market as bots drive $480 billion stablecoin quantity
The Ethereum community is staging a comeback in 2025 as bot-driven exercise and stablecoin progress push the mainnet again into the middle of decentralized finance (DeFi).
On June 4, crypto buying and selling platform Cex.io reported that automated bots facilitated 4.84 million stablecoin transfers on Ethereum’s layer-1 blockchain in Could. The amount reached $480 billion, its highest thus far.
Illia Otychenko, the lead analyst at crypto alternate Cex.io, linked the exercise surge to decrease transaction charges within the first quarter of 2025, which helped reverse a multi-year pattern of liquidity and person migration to rival blockchains and Ethereum layer-2 networks.
Due to this, the mainnet’s stablecoin market capitalization grew by 11% in 2025, taking market share away from its layer-2s. Whereas the mainnet recouped stablecoin market share, the mixed stablecoin market on L2s solely shrank by 1%.
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Binance co-founder CZ proposes darkish pool DEXs to deal with manipulation
Binance co-founder Changpeng “CZ” Zhao proposed making a darkish pool perpetual swap decentralized alternate (DEX) to forestall market manipulation.
In a June 1 X submit, Zhao mentioned he has “at all times been puzzled with the truth that everybody can see your orders in real-time on a DEX.”
“The issue is worse on a perp DEX the place there are liquidations,” he mentioned.
Zhao added, “For those who’re trying to buy $1 billion price of a coin, you typically wouldn’t need others to note your order till it’s accomplished.” That is to forestall front-running and most extractable worth (MEV) bot assaults, which may end up in elevated slippage, worse costs and better prices.
His feedback adopted the liquidation of practically $100 million in Bitcoin lengthy positions on Hyperliquid reportedly held by a dealer referred to as James Wynn. The occasion, which occurred after Bitcoin fell under $105,000, sparked claims on X that some customers had coordinated to “hunt” Wynn’s liquidation.
One X person claimed that Tron co-founder Justin Solar confirmed curiosity in collaborating, however the declare remained unconfirmed. He additionally went as far as to invite Eric Trump, the son of US President Donald Trump, to the group.
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RWA token market grows 260% in 2025 as corporations embrace regulating crypto
The tokenization of real-world belongings (RWAs) surged within the first half of 2025 as elevated regulatory readability fueled broader adoption of blockchain-based monetary merchandise.
Actual-world asset tokenization refers to monetary and different tangible belongings minted on the immutable blockchain ledger, rising investor accessibility and buying and selling alternatives for these belongings.
The RWA market surged greater than 260% in the course of the first half of 2025, surpassing $23 billion in complete valuation. It was $8.6 billion originally of the yr, in accordance to a Binance Analysis report shared with Cointelegraph.
Tokenized personal credit score led the RWA market growth, accounting for about 58% of the market share, adopted by tokenized US Treasury debt, which accounted for 34%.
“As regulatory frameworks turn out to be clearer, the sector is poised for continued progress and elevated participation from main trade gamers,” the report mentioned.
RWAs haven’t any devoted regulatory framework and are thought of securities by the US Securities and Alternate Fee (SEC). Nevertheless, the sector nonetheless advantages from regulatory developments within the broader crypto house.
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BitoPro confirms $11.5 million exploit, says withdrawals unaffected
Taiwan-based cryptocurrency alternate BitoPro confirmed a safety breach that led to the lack of greater than $11.5 million in digital belongings from its sizzling wallets on Could 8.
The suspicious transactions, which occurred throughout sizzling wallets on Ethereum, Tron, Solana and Polygon, noticed asset outflows to decentralized exchanges (DEXs) the place they have been later marked as offered, in accordance to onchain investigator ZachXBT.
Regardless of the incident, BitoPro didn’t disclose the exploit on X or Telegram for a number of weeks, ZachXBT mentioned in a June 2 submit on X.
Blockchain knowledge confirmed belongings have been deposited into cryptocurrency mixer Twister Money or bridged to Bitcoin by way of THORChain, patterns typically employed by hackers to make funds nameless and untraceable.
On Could 9, BitoPro introduced a upkeep interval for the alternate, which was resolved on the identical day. Nevertheless, many customers have since reported being unable to withdraw USDt (USDT).
Three weeks after the incident, BitoPro confirmed it had suffered a pockets exploit. In a June 2 Telegram submit, the alternate mentioned the breach occurred throughout a pockets system improve, when an attacker exploited an “outdated sizzling pockets” throughout inside fund reallocation.
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DeFi market overview
Based on knowledge from Cointelegraph Markets Professional and TradingView, many of the 100 largest cryptocurrencies by market capitalization ended the week within the purple.
The DeXe (DEXE) token fell over 30%, staging the largest decline within the prime 100, adopted by the Virtuals Protocol (VIRTUAL) token, down 24% on the weekly chart.
Thanks for studying our abstract of this week’s most impactful DeFi developments. Be part of us subsequent Friday for extra tales, insights and training concerning this dynamically advancing house.
