The Senate passed a landmark bill to regulate stablecoins, with U.S. President Donald Trump hailing it as &#8220;pure GENIUS&#8221; and urging the House to send it to his desk without delay. &#8216;NO DELAYS&#8217;: Trump Pushes House to Pass GENIUS Act After Senate Approval The GENIUS Act, a first-of-its-kind federal framework for stablecoins, cleared the Senate […]

‘Pure GENIUS’: Trump Praises Senate-Backed Stablecoin Bill, Urges Swift House Approval

Crypto venture capital firm a16z (Andreessen Horowitz) has regained control of 
its official X account after hackers briefly took it over to promote a 
fraudulent token. On June 18, 2025, the official X account of a16z was 
compromised, granting unauthorized…

a16z recovers X account after hack promoting fraudulent token

For the first time in Bitcoin’s history, the amount of BTC held dormant for a 
decade or more is now growing faster than the network is producing new coins. 
This shift, which began shortly after the April 2024 halving, marks…

Analysis: Bitcoin’s dormant supply growth outpaces new issuance for the first time in history

Binance founder Changpeng Zhao says crypto platforms must prepare for the 
inevitable by enabling users to pass on digital assets after death.

Binance’s CZ suggests ‘will function’ to distribute crypto in case of death

Pudgy Penguins has launched Pengu Clash, a skill-based 1v1 multiplayer game on 
Telegram that brings its popular NFT characters into fast-paced minigame 
battles. Pudgy Penguins (PENGU) has launched its first Web3 game, Pengu Clash, 
a Telegram-based 1v1 multiplayer battler that…

Pudgy Penguins unveils play-to-win game Pengu Clash on TON blockchain

Ethereum has struggled to maintain upward momentum following a brief rally 
that pushed its price above $2,800 last week. Currently, ETH is trading at 
$2,511, reflecting a 9.4% decline over the past week. This retreat comes amid 
a broader period of consolidation across the digital asset market, with 
Ethereum seeing both technical resistance levels and on-chain trends that 
could shape its price action in the coming weeks. Related Reading: Ethereum 
Golden Cross Approaching – Will History Repeat? Ethereum Faces Technical 
Resistance The latest analysis from İbrahim COŞAR, a contributor to 
CryptoQuant’s QuickTake platform, highlights the significance of the 50-week 
exponential moving average (EMA) as a resistance level for ETH. Historically, 
successful breakouts above this technical marker have been followed by 
substantial price gains. COŞAR notes that in prior cycles, once ETH crossed 
above the 50-week EMA, price increases ranged from 25% to 135%. Averaging 
those moves suggests a breakout could see Ethereum targeting the $4,000 range. 
The EMA is a trend-following indicator that places more weight on recent price 
action, often used to identify potential breakout or breakdown zones in asset 
movements. Staking and Accumulation Metrics Show Investor Conviction In 
parallel to price action, Ethereum’s staking metrics continue to show steady 
growth. On-chain analyst OnChainSchool reported that more than 500,000 ETH 
were staked in the first half of June, bringing the total staked to over 35 
million ETH. This milestone represents the highest amount ever locked in 
Ethereum&#8217;s proof-of-stake contract and reflects a growing trend toward network 
participation and supply reduction. Staking, in ETH’s case, involves locking 
ETH to help secure the network and validate transactions in return for staking 
rewards. As the amount of ETH staked rises, the liquid circulating supply 
shrinks, potentially tightening available supply on exchanges. Additionally, 
accumulation wallets, or addresses with no history of selling, have also 
reached an all-time high, now holding 22.8 million ETH. Combined, these 
metrics point toward long-term holding behavior, rather than speculative 
trading. Ethereum Hits ATH in Staking: Over 35 Million ETH Locked “Alongside 
this, Accumulation Addresses (holders with no history of selling) have also 
reached an all-time high, now holding 22.8 million ETH.” – By @onchainschool 
Read more ⤵️https://t.co/WYoX9qpODZ pic.twitter.com/6MAlK0sCfJ — 
CryptoQuant.com (@cryptoquant_com) June 17, 2025 These on-chain developments 
coincide with ongoing interest in Ethereum-based financial products. The 
Ethereum ecosystem has seen renewed institutional and retail engagement, 
particularly after the US Securities and Exchange Commission approved the 
first spot ETH ETFs. Related Reading: Ethereum Price at Risk of Downside Break 
as Bears Test Key Support Just recently, SharpLink Gaming, a Nasdaq-listed 
firm, also a marketing partner to sportsbooks and online casino gaming 
operators, unveiled a $425M Ethereum reserve strategy led by ConsenSys. 
Featured image created with DALL-E, Chart from TradingView