It’s been a busy but steady day across the crypto space, with several developments worth noting.
Bitcoin closed the month at $107,140, marking a new all-time high for monthly closes. While not a sudden breakout, it’s a strong technical signal that continues to build confidence among long-term investors.
On the regulatory front, Fed Chair Jerome Powell is expected to speak later today, and markets will be watching for any remarks related to interest rates or inflation that could influence risk assets like crypto.
One of the bigger stories gaining momentum is the growing optimism around spot ETFs for Solana (SOL), Litecoin (LTC), and XRP. Approval odds have climbed to 95%, according to prediction platforms and analysts. While not confirmed, this optimism is helping keep altcoin sentiment afloat.
In other news, Circle, the issuer of USDC, has applied for a national trust bank license in the United States. The move signals its intent to deepen ties with traditional financial infrastructure. At the same time, analyst ZachXBT has raised concerns about Circle’s ability to prevent illicit activity involving USDC, specifically with regard to North Korea-linked wallets.
What’s hot in #Crypto today? 🔥👇
— Coinpedia Markets (@MarketCoinpedia) July 1, 2025
◆ #Bitcoin hits an ATH monthly closing price of $107,140.
◆ FED chair #Powell set to speak today.
◆ The probability of approval of $LTC, $SOL, and $XRP spot ETFs is 95%.
◆ USDC issuer Circle applies for a national trust bank license in… pic.twitter.com/kJw2i61p35
Speaking of enforcement, the U.S. Justice Department announced charges against North Korean hackers accused of stealing nearly $1 million in crypto. Meanwhile, Spanish police arrested five individuals in connection with a $541 million fraud case targeting over 5,000 people, according to Europol.
On the project and ecosystem side:
- Floki launched its long-awaited Valhalla game on mainnet, after three years in development.
- XAI, a project within the Arbitrum ecosystem, announced a 25 million token airdrop for Vanguard and Legendary NFT holders.
- Lido DAO will launch its dual governance model on July 4, following community approval.
- Aptos continues to gain traction in the real-world asset (RWA) sector, with over $540 million now locked on-chain.
- Trusta AI introduced the tokenomics for its upcoming $TA token, with 1 billion total supply and 3% allocated to an airdrop.
- Chainlink has partnered with xStocks to provide on-chain pricing data for tokenized stocks and ETFs.
In terms of security, June saw 15 notable attacks, costing the industry around $111.6 million – a 56% drop compared to May. It’s still a concern but points to some positive trendlines in security.
Read also: Top 3 Undervalued Altcoins to Add to Your Watchlist
On the legal and policy side:
- Connecticut passed HB7082, a bill banning Bitcoin reserves for certain institutions.
- The U.S. Supreme Court declined to review a case involving crypto-related data privacy.
- Donald Trump’s merchandise store now accepts TRUMP memecoin.
- American Bitcoin, a mining startup supported by Trump’s son, raised $220 million in funding.
- And U.S. senators are drafting a clause to include tax exemptions for small crypto transactions in the Big and American Act.
All in all, the day reflects steady development rather than major shocks. While there’s no single headline dominating the space, the mix of ETF optimism, institutional moves, and ecosystem growth shows that momentum continues to build across different sectors of the market.
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