GM, APRA Fam,

Welcome back to Crypto Insights — your weekly guide to the boldest moves and biggest shifts across the digital asset space. Let’s break it down:

1️⃣ Missiles fly, Bitcoin tumbles — geopolitics shake the market 🌍
A surprise U.S. airstrike on Iran over the weekend triggered a sharp risk-off move in crypto. Bitcoin dropped 5.4%, falling below $100K, and over $595M in long positions were liquidated. RSI sits at 43, MACD remains bearish, and volume is weak. Traders are eyeing $97K as the critical support — lose that, and we could see $93K next. Historically, global conflict has led to Bitcoin rebounds, but sentiment remains fragile.

2️⃣ XRP, DOGE & ADA ETFs? 90% odds, says Bloomberg ✅
Altcoin maxi season might just get real. Bloomberg’s Eric Balchunas and James Seyffart are now assigning 90% odds for SEC approval of spot ETFs for XRP, Dogecoin, Cardano — and also Litecoin, Solana, Polkadot, and Avalanche. The regulatory tone has shifted under new SEC Chair Paul Atkins, with active dialogues and Solana ETF filings being updated. If approved, this would be the biggest wave of altcoin validation yet.

3️⃣ Kraken enables native Bitcoin staking via Babylon 🟠
No wrapping. No bridging. No lending. Kraken now lets users stake native $BTC through Babylon Protocol and earn ~1% APR. Assets stay on the Bitcoin chain using Taproot time-locks, and rewards come in the $BABY token. It’s the first yield opportunity for $BTC that preserves full ownership, with a 7-day unstaking period. Available in the US, UK, Australia, and UAE — and possibly a blueprint for Bitcoin's productive future.

4️⃣ Airdrop radar: what’s live & upcoming 🎯
Nansen Points Season 1: earn via staking, subs, referrals, and onboarding.
Blum Airdrop: eligibility live — BPs, MPs, referrals, and quests matter.
Sonic Points S2: revenue now earns Gems, boosts for loyalty.
Noble Program: extended 1 month, 2x boost at top tier, +10% if 250M issuance hits.
Katana Mainnet: launches June 30; deposit deadline was June 23 for incentives.

Zoom Out → Markets remain volatile, Fed holds ground ⚖️
The Fed left rates unchanged last week, sticking to its cautious tone. Internal disagreements are emerging — some want cuts, others are hawkish. Meanwhile, inflation is sticky and labor data is flashing mixed signals. With Powell’s term ending in 2026, a pivot may come — but likely not before September. Macro uncertainty is back in play.

We’ll catch you next week —
Stay sharp, stay decentralized, and DYOR.
— Team APRA