Regardless of per week of worth consolidation for Bitcoin (BTC), rising digital asset laws could present the following important catalyst for the world’s first cryptocurrency.
Upcoming stablecoin guidelines, such because the Guiding and Establishing Nationwide Innovation for US Stablecoins (GENIUS) Act, could lay the inspiration for a Bitcoin cycle high of over $150,000, in accordance with Alice Li, funding associate 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 12 months 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 tougher 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, instructed Cointelegraph.
Bitcoin reserve, stablecoin rules massive 2025 market catalysts, says VC
Bettering regulatory readability in the US could push Bitcoin previous $150,000 through the present market cycle, in accordance with Alice Li, funding associate 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 certainly the coverage change,” she mentioned, referencing US President Donald Trump’s Bitcoin reserve approval and stablecoin coverage developments as the primary catalysts for Bitcoin worth upside in 2025.
“Stablecoin will likely be one of many strongest locations that I’d 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.
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 development push the mainnet again into the middle of decentralized finance (DeFi).Â
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 quantity reached $480 billion, its highest up to now.Â
Illia Otychenko, the lead analyst at crypto trade Cex.io, linked the exercise surge to decrease transaction charges within the first quarter of 2025, which helped reverse a multi-year development of liquidity and person migration to rival blockchains and Ethereum layer-2 networks.Â
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%. Â
Binance co-founder CZ proposes darkish pool DEXs to sort out manipulation
Binance co-founder Changpeng “CZ” Zhao proposed making a darkish pool perpetual swap decentralized trade (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, “In case you’re trying to buy $1 billion value 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 can lead to 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 beneath $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 taking part, 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.
RWA token market grows 260% in 2025 as companies 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% through the first half of 2025, surpassing $23 billion in whole valuation. It was $8.6 billion at first of the 12 months, in accordance to a Binance Analysis report shared with Cointelegraph.
Tokenized personal credit score led the RWA market increase, 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 development and elevated participation from main trade gamers,” the report mentioned.
RWAs don’t have any devoted regulatory framework and are thought of securities by the US Securities and Trade Fee (SEC). Nevertheless, the sector nonetheless advantages from regulatory developments within the broader crypto area.
BitoPro confirms $11.5 million exploit, says withdrawals unaffected
Taiwan-based cryptocurrency trade BitoPro confirmed a safety breach that led to the lack of greater than $11.5 million in digital belongings from its scorching wallets on Could 8.
The suspicious transactions, which occurred throughout scorching wallets on Ethereum, Tron, Solana and Polygon, noticed asset outflows to decentralized exchanges (DEXs) the place they have been later marked as bought, 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 information confirmed belongings have been deposited into cryptocurrency mixer Twister Money or bridged to Bitcoin by way of THORChain, patterns usually employed by hackers to make funds nameless and untraceable.
On Could 9, BitoPro introduced a upkeep interval for the trade, 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 trade mentioned the breach occurred throughout a pockets system improve, when an attacker exploited an “previous scorching pockets” throughout inner fund reallocation.
DeFi market overview
In line with information 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 high 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 schooling concerning this dynamically advancing area.
