Here are the latest news about crypto (June 11, 2025)
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🌍 Global View
1. ARK Invest’s Cathie Wood predicts Bitcoin could reach US $1.5 million by 2030, citing institutional dominance and decreasing volatility. Tom Lee (Fundstrat) is also bullish, predicting BTC will hit US $150K by the end of this year.
2. Major money laundering in Uzraia: Russian crypto entrepreneur, Iurii Gugnin (Evita Pay/Investments), was charged with laundering over $500 million and facilitating $2 billion in transactions related to sanction evasion.
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📈 Market & IPO
3. Bitcoin is trading in the range of US $110K – slightly below ATH, rebounding 3–4% in the last 24 hours, driven by institutional accumulation & on-chain data such as declining supply on exchanges.
4. Circle Internet Group had a huge success with the USDC stablecoin IPO — shares soared 168% on the first day. Now, Gemini (Winklevoss) is also filing for a confidential IPO with the SEC.
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🏛️ Regulation & Politics
5. The US Democratic Party supports the GENIUS Act, pushing for stablecoin regulation; Trump has established several crypto ventures adding political pressure.
6. The UK FCA proposed easing the ban on retail investors buying crypto ETNs. Consultation is open until July 2025.
7. Nigel Farage (UK) launched the "Cryptocurrency & Digital Finance Bill": 10% capital gains tax, a national bitcoin reserve plan, and accepting party donations in crypto.
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🇨🇿 & 🇦🇷 Scandals & Political Drama
8. The Czech Republic is in an uproar as the Minister of Justice received a donation of 468 BTC (~€40 million) from a convict – triggering a money laundering scandal and forcing a resignation.
9. In Argentina, the meme-coin “$LIBRA” was promoted by President Milei, but it plummeted significantly and sparked allegations of "rug pull" with investors losing around $250 million.
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🔧 Technology & Security
10. Hacking continues: about US $2.1 billion in crypto has been stolen throughout 2025 (source: CertiK).
