Shiba Inu (SHIB) hovered around the $0.000005 psychological level as traders watched for a sustained move above it following an SEC decision. The regulator approved the T. Rowe Price Active Crypto ETF, a product tied to an asset manager with $1.8 trillion in AUM that can include SHIB, with some analysts pointing to $0.00000680 and $0.00001344 as key levels if momentum follows.

Earlier this week, Tether's USDT briefly moved ahead of Ethereum by market capitalization, with trackers placing both assets in the $183–188B band during the crossover. One snapshot showed USDT at $187B versus ETH at $186B, a gap of under $1B, before Ethereum returned to second place as prices stabilized. The episode reflected continued USDT issuance alongside ongoing ETH price weakness rather than a sudden supply change on Ethereum.

MUFG Bank, Mizuho Bank and Sumitomo Mitsui Banking Corporation have set up a joint council to develop and co-issue a yen-pegged crypto stablecoin by the end of Japan’s fiscal year 2026, which runs through March 2027. The token is planned to be issued via a trust structure with the banks as joint settlors and a trust bank (or similar institution) acting as trustee. The effort sits within the FSA’s Payment Innovation Project and follows a late-2025 pilot on whether multi-bank co-issuance could be done legally.

BlackRock's spot Bitcoin and Ethereum ETFs posted a combined net outflow of about $333.6 million over the past week. Most of the pressure came from iShares Bitcoin Trust (IBIT), which saw roughly $355 million leave over five days, even as late-week inflows on June 11 ($30.3 million) and June 12 ($57.7 million) signaled a partial rebound. BlackRock's spot Ethereum ETFs were steadier, with ETHA down about $7.2 million and ETHB up $28.6 million for a combined net inflow near $21.4 million.

Brazil’s Chamber of Deputies Economic Development Committee advanced a revised version of Bill 4212/25 aimed at curbing state powers if a CBDC is introduced. Separately, Rain said Latin America processed nearly $1.5 trillion in transactions from 2022 to 2025, while Bitfinex Securities argued tokenization could help Venezuelan firms raise $30 million to $50 million beyond thin local markets.

Bitcoin’s mining difficulty was adjusted earlier today, dropping by just over 10% and falling from nearly 138T to below 125T. The same data set also shows the network’s hash rate sliding to under 790 EH/s, while projections point to a possible 16% decline at the next adjustment.

Bitcoin (BTC) may be approaching a bear-market floor based on historical on-chain valuation signals, but weakening demand keeps any bottom unconfirmed. After dropping to a new cycle low of $59,000 last week, BTC is about 9% above its realized price of $53,600, while total demand and ETF-related flows show continued contraction.

XRP has fallen under the long-held $1.32 support and is trading around $1.15 after a sharp selloff pushed it below major moving averages. The report highlights three XRP Ledger on-chain readings—payment activity above one million transactions per day for much of the prior month, payment-volume spikes including one over 1.5 billion XRP, and still-elevated active users—as signs the decline may be nearing exhaustion. A recovery would likely need $1.32 reclaimed first, with the 200-day moving average near $1.70 cited as the next key area.