International payment giant Visa has officially become a super validator on a public blockchain, deeply investing in on-chain governance and stablecoin deployment scenarios, and accelerating the integration and development of traditional payment systems and the crypto financial ecosystem.

Several crypto startups completed funding rounds in the second quarter, totaling $2.7 billion. Despite a decline in the number of funding rounds, high-quality blockchain projects continue to attract capital.😝😝😝

US authorities froze $344 million in crypto linked to Iran, marking a major escalation in digital asset sanctions. The seized funds, mostly in USDT on Tron, highlight stablecoins’ growing role in geopolitical enforcement. Regulators aim to disrupt illicit finance, while markets weigh broader implications for cross-border crypto usage.😉😉😉

Bitcoin mining shifts toward North America and Central Asia; post-China ban, decentralization continues, with the U.S. hitting 35% of hash rate and Kazakhstan/Russia emerging as key hubs. After the halving, block rewards dropped to 3.125 BTC, pressuring miner profits and accelerating the shift to renewables and efficient rigs, with clean energy exceeding 50%. Hash difficulty stays high, securing the network; long-term holders (LTH) hold record supply, increasing market concentration.😌😌😌

The U.S. CLARITY Act enters a critical Senate phase to clarify crypto classification and rules. The late-May window is pivotal; passage would cut regulatory uncertainty, benefit exchanges and institutional products, and support a more stable environment for Bitcoin, Ethereum, and other major assets.😏😏😏😏

S&P downgraded the credit rating of USDT, mainly worrying about its single reserve structure, falling proportion of short-term treasury bonds, rising alternative assets and shrinking collateral buffer. With a huge market capitalization in circulation, USDT may trigger a chain market panic once confidence in reserve redemption weakens. Institutions advise investors to diversify stablecoin allocation instead of concentrating all assets on USDT alone.🥵🥵🥵🥵🥵

Sui-based DEX Cetus suffered a hack, with ~$224 million stolen and most tokens plunging over 75%. The team paused contracts and froze $160 million in recoverable funds; hackers bridged some assets to Ethereum. The incident triggered a Sui ecosystem trust crisis, highlighting cross-chain security and smart contract audit urgency.😞😞😞😞😞

Elon Musk reaffirmed his long-term positive stance on Crypto Doge via X posts, restating his old promise to eat a live TV Happy Meal if McDonald’s integrates DOGE payments, reigniting community discussions over mainstream fast-food crypto adoption. 🙈🙈🙈

Currently, we see the 15-minute candlestick chart for ETHSUD. Ethereum broke through the downtrend line earlier, turning the short-term trend bullish. Using the EMA (Exponential Moving Average) indicator, the 15-minute EMA15 crossed above the 50-minute EMA, and the upward divergence further confirms the strengthening of the short-term Ethereum trend. The key resistance level to watch is 1103.35. A successful hold above this level would mean Ethereum has broken above the 200-minute EMA on the hourly chart. Support and resistance levels are referenced to the black horizontal lines on the chart.🙊🙊🙊

Strategy Raises Funds for Bitcoin Purchases Through Three-Pronged Approach

Strategy raised $427 million through three offerings:

Common Stock (MSTR) raised $348.7 million; 8% Convertible Preferred Stock (STRK) raised $67.9 million; and 10% Preferred Stock (STRF) raised $10.4 million. All funds were used to purchase Bitcoin. Strategy acquired 4,020 Bitcoins at an average cost of $106,237 per Bitcoin. As of May 25, 2025, Strategy held 580,250 Bitcoins at a total cost of $40.61 billion, averaging $69,979 per Bitcoin.😦😦😦

Mysten Labs co-founder Adeniyi Abiodun revealed at Consensus 2026 that Sui has processed over
$1 trillion in stablecoin transaction volume since August 2025, marking a landmark achievement for the SUI-powered Layer 1 network. The milestone validates Sui’s parallel processing architecture, which supports ultra-high throughput to compete with traditional cross-border banking rails.
The recent gasless stablecoin upgrade accelerated volume growth sharply. In just five days after zero-fee implementation, Sui recorded $65 billion in stablecoin flows, pushing total cumulative volume above $2.27 trillion recently. Rising transaction activity steadily lifts organic gas demand for SUI tokens, strengthening long-term tokenomics for network participants and stakers.🙊🙊🙊

Bitcoin ETFs See Eight Consecutive Days of Net Inflows, Attracting $2.4 Billion

Bitcoin ETFs have seen net inflows for eight consecutive days since June 9th, accumulating $2.4 billion in funds, demonstrating continued retail investor participation. Currently, total assets in US Bitcoin spot ETFs have reached $127.4 billion, representing 6.12% of Bitcoin's market capitalization. BlackRock's IBIT and Fidelity's FBTC have assets exceeding $71.1 billion and $20.5 billion respectively, further confirming institutional investor demand for Bitcoin ETFs.

Bitcoin is currently trading at $104,647, with a 24-hour trading volume of $18 billion.💋💋💋