Crypto News Roundup: Major Moves, Market Trends, and Regulatory Shifts

Robinhood just made a huge move, acquiring Bitstamp for $200 million in cash.

This deal gives Robinhood over 50 new licenses and a strong institutional client base, expanding its reach beyond

the US into Europe, the UK, and Asia.

Robinhood’s crypto boss says more acquisitions could be on the way, following their recent WonderFi deal in Canada.

Shares jumped on the news, signaling investor confidence in Robinhood’s global crypto ambitions.

Ripple’s CEO just told the world they want to ‘rewire the entire banking system.’ At the XRP Las

Vegas 2025 event, Brad Garlinghouse emphasized Ripple’s plan to integrate blockchain with traditional banks, not bypass them.

Their On-Demand Liquidity product is already making cross-border payments faster and cheaper.

Ripple’s growing partnerships and recognition from institutions like Morgan Stanley show they’re serious about transforming finance.

As Garlinghouse put it, ‘We’re already seeing real change.’ Bitcoin is hovering around $104,000 after a recent dip

from its highs, with analysts watching key resistance at $108,000.

Ethereum is holding steady above $2,500.

Big players like Strategy and Metaplanet keep buying up BTC, now holding nearly 3% of all mined coins.

Meanwhile, ETF flows are mixed, and Asian trading hours are gaining more influence as US market share drops

below 45%.

Whales and institutions are driving the action, but retail traders should watch for volatility and manage risk.

Regulators are making waves: The US SEC faces backlash for its new crypto staking guidance, with critics saying

it contradicts court rulings.

Singapore’s central bank is forcing local crypto firms to halt overseas services by June 30 or face big

fines and jail time.

In Australia, crypto ATMs are under fire for being used in scams and money laundering, leading to new

limits and stricter controls.

The message is clear: global regulators are tightening their grip on crypto.

Looking ahead, the US is debating the Bitcoin Act, which could see the Treasury buy 1 million BTC

for a strategic reserve.

Infinex is launching a major airdrop for KAITO stakers and adding Avalanche support.

Ethereum is teaming up with Base for a new initiative, and the World Computer Summit is set to

reveal big Web3 and AI updates.

Plus, Tether’s gold-backed token just went omnichain, and major token unlocks could spark volatility.

Stay tuned for more action!