The Daily Drip

📰 The Daily Drip

Sunday, 1 June 2025
Powered by H2cryptO – Delivering concise and insightful crypto updates every day.
Subscribe here

📊 Market Snapshot

Coin

Price

24h Change

Market Cap

BTC

$105,186

🟢 +0.61%

$2.07T

ETH

$2,542.07

🟢 +0.10%

$305B

SOL

$155.78

🔴 -0.45%

$67B

XRP

$2.17

🔴 -0.91%

$118B

DOGE

$0.1934

🟢 +0.23%

$27B

ADA

$0.6836

🔴 -0.47%

$24.5B

AVAX

$20.84

🔴 -0.38%

$7.3B

TON

$1.034

🔴 -0.38%

$3.6B

LINK

$14.04

🔴 -0.07%

$8.2B

LTC

$88.13

🟢 +0.39%

$6.3B

Total Crypto Market Cap: $3.28 Trillion
Fear & Greed Index: 56 — Greed

📌 Top Story

Bitcoin Achieves Record Monthly Close

Bitcoin has achieved its highest monthly close in history as of June 2025, reflecting ongoing interest and investment in the cryptocurrency market. This milestone underscores Bitcoin's significant role in the digital currency landscape and potential for further growth and adoption.

Source: KuCoin

📈 Market Insights

  • BTC ETF Inflows: Net inflow of $5.25B in May, indicating strong institutional interest.

  • ETH ETF Activity: Ethereum ETFs saw $285 million in inflows this week, reflecting bullish momentum.

  • Altcoin Spotlight: Toncoin (TON) consolidates near $1.03, with traders watching for breakout opportunities.

🔍 Technical Analysis – Breakout Watch

Disclaimer: This is not investment advice.

  • OP (Optimism): Testing resistance at $2.95, watching for breakout to $3.10.

  • LTC (Litecoin): Forming bullish pennant; breakout confirmation above $93.

  • MATIC (Polygon): Strong bounce off support at $0.72 with rising volume.

🌍 Regulatory Updates

  • 🇺🇸 U.S.: SEC clarifies that staking is not considered a securities transaction, providing clearer guidance for crypto investors.

  • 🇩🇪 Germany: BaFin proposes new digital asset custody requirements.

  • 🇸🇬 Singapore: MAS issues stablecoin compliance guidelines for licensing.

  • 🇧🇷 Brazil: Senate debates CBDC transparency mandate as pilot progresses.

💬 Quick Bytes

  • MicroStrategy now holds 214,400 BTC after latest $500M purchase.

  • JPMorgan expands blockchain-based settlement pilot to Singapore.

  • Ark Invest rebalances crypto ETF, increasing weight in Solana.

  • Polygon Labs launches zkEVM mainnet 2.0 for developers.

🧠 Community Check-In

H2cryptO: Secure. Simple. Client-first.
 🚨 This content is for informational purposes only and does not constitute investment advice.