📉 The Bank of France in turn warns about stablecoins deviations
Welcome to the Daily Tribune of Friday, June 27, 2025 ☕️
Hello Cointribe! 🚀
Today is Friday, June 27, 2025 and as every day from Tuesday to Saturday, we summarize the news from the last 24 hours you shouldn't miss!
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡️ Temperature:
⛈️ Stormy
24h crypto recap! ⏱
🇷🇺 Digital Ruble imposed
The Central Bank of Russia plans to make the use of the digital ruble mandatory for large companies and banks starting from 2025. The measure will concern notably companies with an annual turnover exceeding 30 million rubles.
⚠️ Alert on stablecoins
After the BIS, the Bank of France warns about systemic risks linked to stablecoins in a note published on June 24. It calls for stricter regulation to avoid their impact on financial stability.
⛏️ Tether accelerates on mining
Tether announced its ambition to become the world’s leading bitcoin mining player by the end of 2025. The company plans to invest more than half a billion dollars in facilities in Paraguay, Uruguay, and El Salvador.
✅ Kraken validates its MiCA license
The crypto exchange Kraken has officially obtained its MiCA license in Ireland via its subsidiary Payward Europe Solutions. This validation will allow it to offer its services on a European scale under the new regulatory framework.
🚀 Alephium deploys Danube
Alephium launched its "Danube" update which reduces block time to 8 seconds, improves node synchronization, and allows more than 20,000 transactions per second. The network also introduces simplified addresses, new developer tools, and maintains an eco-friendly model through Proof-of-Less-Work.
Crypto of the day: Shiba Inu (SHIB)
🧠 Technology & innovation
Shiba Inu is a project initially launched as a meme-coin in August 2020, presented as a decentralized alternative to Dogecoin. But behind its playful image, Shiba Inu has gradually built a complete ecosystem based on Ethereum.
The technological core rests on several pillars:
ShibaSwap, a DeFi platform allowing to trade, stake, and provide liquidity with the tokens SHIB, BONE, and LEASH.
Shibarium, a Layer 2 solution launched in 2023 to reduce gas fees and speed up transactions, while strengthening the network's independence from Ethereum.
SHIB The Metaverse, an immersive project in development aiming to offer virtual land plots and interactive experiences.
A complementary token ecosystem:
BONE (governance, gas fees of Shibarium),
LEASH (premium access and rarity),
TREAT (still in development for future rewards).
The whole is governed by the community, notably through the Shiba Inu DAO, which guides strategic decisions around the ecosystem.
By moving from a simple meme-token to an integrated multi-product infrastructure, Shiba Inu attempts to reposition itself as a serious Web3 player, while capitalizing on its massive community base.
💰 Main utility & advantages of SHIB
The SHIB token functions as the currency of the Shiba ecosystem:
Literally used to trade and participate in the protocols of ShibaSwap.
It serves as a basis for staking and yield farming, allowing users to earn interest via BONE.
A very active and engaged ideological community strengthens the project’s attractiveness.
📊 Market data (as of June 26, 2025)
Current price: $0.00001060 USD
24-hour change: –4.06 %
Market capitalization: ≈ $6.60 billion USD
Rank on CoinMarketCap: #19
Circulating supply: ≈ 589,289 billion SHIB
24-hour trading volume: ≈ $117.7 million USD
Ethereum, Solana, XRP: Autopsy of a market in agony
What if the crypto market stopped living in 2021? For a growing number of players, the momentum that carried altcoins and tokens seems to have long dissipated. While Bitcoin resists, other assets show spectacular losses. Analysis of an announced decline.
The numbers of a collapse: Ethereum, ADA, NFT… nothing holds anymore
The data is unequivocal. Since its peak at $4,891, the ETH/USD pair has lost nearly 50% of its value. This drop is even more pronounced when measured against Bitcoin: –70% for Ethereum, –90% for Cardano. As for NFTs and other popular tokens issued during the 2021 euphoria, they are now relegated to anecdotal trading volumes.
The picture is bleak. According to an active trader under the pseudonym "@ChillOutSOL", "Crypto died in 2021. Since then, we trade corpses. […] The belief system that ran the business has completely collapsed." This perception is no longer anecdotal. It echoes a strong trend: the progressive disinterest in so-called "alternative" projects that had captured the markets’, media’s, and retail investors' attention.
At the heart of the problem: the inability of most altcoins to justify their valuation by real use cases, a viable economic model, or concrete adoption. The speculative bubble of 2021 has given way to a wasteland from which survivors struggle to rise.
Bitcoin as a survivor, XRP on life support: who benefits from the crypto winter?
In this twilight panorama, one asset stands out as a survivor: Bitcoin. Far from being spared by volatility, it nevertheless manages to maintain a dominant position. For trader "@ChillOutSOL", there is no ambiguity: "Bitcoin is the only exception. […] Even Vitalik knows Ethereum is done." The statement is blunt but reflects a reality observed in the markets: the rotation of capitals towards BTC at the expense of altcoins.
The case of XRP, however, intrigues. Despite its pre-mined crypto status and centralized governance, it maintains significant capitalization. This paradox raises a fundamental question: are valuation criteria in crypto still rational? If XRP persists, is it because of a base of loyal investors, legal hope regarding the SEC, or market inertia?
This situation highlights a structural change in the sector. Where technical innovation and disruptive potential were once celebrated, now perceived resilience and stability attract investors. Bitcoin thus benefits from a network effect, deep liquidity, and a simplified narrative, while altcoins struggle to convince.
