MarketWhisper

Gate news, the global venture capital community is embracing the digital asset space with unprecedented optimism. Several top venture capital partners have revealed to the media that, driven by the strong influx of Wall Street capital, **the total investment in digital asset startups is expected to soar to between $20 billion and $25 billion by 2025**.

According to Gate, despite SOL's cumulative fall of 10% in June (currently at $141.32, with a 24-hour decline of 1.3%), the surge in Spot ETF applications, DEX trading volume crushing Ethereum, and the U.S. government's adoption of three major factors may drive Solana to a strong rebound before the end of June.

In a message from Gate, on the eve of the highly anticipated Pi2Day (June 28) event, the core team of Pi Network (Pi) has released multiple innovations and significant updates in the past few days, ranging from Node enhancements to in-app account management, demonstrating their determination to advance the ecosystem's development. However, despite continuous progress on the technical front, the market price of Pi coin has not been spared from the effects of market Fluctuation, instead experiencing a fall. This raises the question of whether these major updates can reverse the downward trend of Pi coin, or if the market's recognition of its value still requires time.

Bitcoin (BTC) has shown strong performance recently, rebounding nearly 10% in less than a week, successfully breaking through the previously regarded key resistance range of $106,000 to $108,000, even bypassing the $103,000 to $105,000 hurdle from May. This strong upward momentum has led long positions to focus on the next important psychological barrier - $110,000. However, the road to new highs is not smooth sailing. Today (27th), $15 billion worth of Bitcoin options are set to expire, and a large number of open contracts are concentrated in the high gamma area, undoubtedly adding uncertainty to the market. Will this massive options expiration event bring volatility to the crypto assets market or set a bullish tone for Bitcoin's performance in the third quarter?

Gate news, with the rise of the global digital asset wave, the attitudes and regulatory frameworks of various governments towards Crypto Assets are constantly evolving. Recently, Hong Kong has actively embraced the Web3 era with its forward-looking stance, releasing the "Hong Kong Digital Asset Development Policy Declaration 2.0" (referred to as "Policy Declaration 2.0"), the most notable action being the formal renaming of "virtual assets" to "digital assets." This move not only broadens the coverage but also conveys Hong Kong's determination to build a comprehensive and proactive digital asset ecosystem. In light of Hong Kong's active transformation, should Taiwan also reconsider the definition of "virtual assets" and think about how to find its own positioning in the global Web3 competition?

Gate News: In the ever-changing Crypto Assets market, price fluctuations always tug at the hearts of investors. With the mutual influence of the global economic situation and Blockchain technology development, the trends of mainstream tokens such as Bitcoin (BTC) and Ethereum (ETH), as well as emerging projects like Pi Network, have all become market focal points. Today, we will delve into the latest dynamics of the Asian market on June 27, with this analysis primarily referring to professional insights from FXStreet, to provide you with an analysis of the price predictions and market performance of these important Crypto Assets.

According to Gate, the rise of Pi Coin has weakened after a strong pullback at $0.65, with the price falling 4.6% over the past 24 hours, eventually retreating to $0.55. This fluctuation occurred before the Pi2Day event on June 28, as excitement within the Pi Network community is heating up, with the Pi core team expected to launch new features such as KYC Sync. Additionally, the Pi Browser has launched a feature aimed at further achieving decentralization, allowing users to conduct "comprehensive account management."

Gate news, the U.S. Senate passed the "Guiding and Establishing American Stablecoin National Innovation Act" (GENIUS Act) in June, aiming to officially integrate stablecoins into the financial mainstream and open a new chapter for the Crypto Assets market. However, according to a report by The Wall Street Journal (WSJ) on the 25th, if the bill ultimately becomes law, it will fundamentally change the game rules of the stablecoin market, but it will pose a severe challenge to the current market leader Tether (USDT): the bill sets strict Compliance thresholds, and if Tether fails to meet them, it may be expelled from the U.S. market, becoming the biggest loser of the bill.

Despite the overall fluctuations in the crypto market, the price movement of Cardano (ADA) continues to point towards a downward trend within the descending channel, with bearish momentum remaining strong. Recently, on-chain data shows that ADA's MVRV ratio has turned negative, indicating that a large number of investors are in a state of loss; meanwhile, long positions have surged, and ADA's open contracts have decreased, further exacerbating the market's pessimistic sentiment. The bearish inclination in the technical outlook suggests that if the current momentum continues, ADA may face a larger pullback.

According to Gate, on June 27, 2025, the Crypto Assets exchange XeggeX announced on its official website that it would officially close and file for bankruptcy due to a hack in February and recent operational issues. This news once again sounds the alarm for the Crypto Assets market, reminding investors to be cautious when choosing an exchange. The collapse of XeggeX not only reflects its own operational difficulties but also highlights the severe challenges faced by Crypto exchanges, especially small to medium platforms, in terms of security, risk control, and liquidity.

Gate news, Chinese crypto world opinion leader Phyrex Ni stated in an X post that more attention in the Bitcoin (BTC) and Crypto Assets market has shifted from the Middle East war to tariffs, which were the main topic before the weekend. He pointed out that as prices stabilize, the BTC Turnover Rate continues to decline, with a slight increase in exits between 100500 USD and 105000 USD.

Gate news, despite Bitcoin (BTC) recently showing significant rebound momentum, the key project in the Decentralized Finance (DeFi) sector, Curve DAO Token (CRV), has failed to keep up with this rebound and continues to be deeply entrenched in a downward trend. In the past month, the selling pressure on CRV shows no signs of easing, and its price has fallen below the low set on June 23. If the current trend continues, CRV is likely to retest the important support level of $0.40 to $0.42 within this month. In the face of ongoing weakness, what signals should investors closely monitor to assess the future direction of CRV?

Gate News, against the backdrop of the global wave of Digital Money, Russia is accelerating the promotion of its Central Bank Digital Currency (CBDC) - the digital ruble. Recently, Russian President Putin personally called for the widespread use of the digital ruble, and shortly thereafter, the Central Bank of Russia (CBR) quickly announced a detailed timetable for the large-scale promotion of the digital ruble. This series of actions not only dispels previous speculation about the uncertainty of the digital ruble's launch but also marks Russia's firm step towards a new stage of digital finance.

Gate news, Bitcoin (BTC) hovered around $107,000 on Friday, down only 4% from its all-time high. Meanwhile, Ethereum (ETH) and Ripple (XRP) are approaching their key resistance levels, and breaking through those levels could trigger a new wave of market interest and potential gains.

and may pull back to the $2,320 area, with the key points of price analysis as follows: The price of Ethereum starts a new round of pump above $2,350; the price is currently trading above $2,400 and the 100-hour simple moving average; on the ETH/USD hourly chart, it broke through the resistance level of $2,450 connecting the bullish trend line; if this trading pair can stabilize above $2,320 in the near term, it may start a new round of pump.

Gate news, Cardano (ADA) price has risen for two consecutive days, in line with the performance of most crypto assets. However, as the ADA price forms a cup and handle pattern, experiences a death cross, and the number of active users declines, its price is likely to erase these gains.

Gate news, Ethereum (ETH) dropped 1% in early trading on Friday, as market activity remains cautious with low realized PNL and stable open interest. Nevertheless, Ethereum's network usage has rebounded, driven by an increase in the number of active Addresses, with the number of transactions rising from 1.23 million on Wednesday to 1.75 million.

Gate news, FXEmpire analyst Bob Mason stated that Bitcoin's three-day rising momentum came to a halt, as Thursday's market reaction to the Ripple-SEC court ruling dampened retail investor sentiment. However, institutional investor demand remains strong, with the US BTC Spot ETF market expected to see inflows for 13 consecutive days.

Gate News, the UAE-registered Web3 investment fund Aqua 1 announced a $100 million strategic investment in World Liberty Financial (WLFI), associated with the Trump family, acquiring its governance token. This move aims to accelerate the tokenization of real-world assets (RWA) and the layout of global blockchain financial infrastructure.