In today’s crypto news (June 25), BTC USD fell below $60,000 last night, but has since rallied back to $61,500, with nearly $1 billion in liquidations accumulated and $780 million of that $994 million figure coming from long positions.
The Bitcoin crash coincided with ETF flows that saw $469 million flow out of various BTC funds, the biggest day for outflows this month, and unsurprisingly BlackRock leads the way with $239 million of that figure coming from the IBIT ETF.
While BTC and ETH are down around -2% each over the past 24 hours, HYPE and AVAX are two of the few large caps in the green today. HYPE is up +3% while AVAX is up +2.5% since yesterday. With the volatile price action, the trading volume increased to $98 billion from $76 billion yesterday.
With Bitcoin briefly falling below $60,000, the Fear and Greed Index also fell to 12/100, falling from 24/100 just two days ago. The index is back near its all-time low, and another drop below $60,000 will likely result in single-digit readings next.
Crypto News Today: Standard Chartered Makes Bold Call for AAVE, Demands $3,500 by 2030
Standard Chartered has started covering AAVE, forecasting that the token could reach $3,500 by the end of 2030. The bank cites the recovery of decentralized finance (DeFi) and the growth of real-world tokenized assets (RWA) as key factors that could significantly benefit Aave.
Geoff Kendrick, head of digital assets research at Standard Chartered, notes that Aave has already rebounded from the April incident affecting DeFi and remains a leader in decentralized lending.
Kendrick’s $3,500 price target suggests a 50x increase from current levels, potentially allowing AAVE to outperform Bitcoin and Ethereum. The bank expects tokenized assets in DeFi to grow approximately 37-fold by the end of the decade.
Aave’s revenue and token value will likely benefit from higher lending activity, and a revival of Aave’s buyback program and its Horizon initiative, focused on lending against real-world token assets, could serve as additional growth catalysts.
Standard Chartered targets Aave at $3,500 by 2030, implying a 50x gain
Geoff Kendrick, head of digital assets research at Standard Chartered, initiated coverage of lending protocol Aave with a price target of $3,500 by the end of 2030, up from current levels near $70.
Kendrick… pic.twitter.com/T0327sVE00– NewsTongue (@NewsTongueX) June 24, 2026
Standard Chartered targets Aave at $3,500 by 2030, implying a 50x gainBinance seeks another EU country for MiCA license after Greek drama
In other crypto news today, leading exchange Binance is considering changing its strategy to obtain a European license after encountering difficulties applying in Greece.
Gillian Lynch, Binance’s head of Europe and the UK, said the exchange would not leave Europe and could seek authorization in another EU country if progress in Greece stalls.
The company has contacted several regulators, but has so far only filed a formal application in Greece, while also discussing options with Ireland and Latvia.
Regulators have raised concerns about Binance’s history of money laundering sanctions and its overall risk management. The situation is urgent due to the MiCA deadline, which requires unauthorized crypto companies to cease operations in the EU after July 1.
Although Binance denied reports of a potential rejection of its application, the Hellenic Capital Market Commission deemed the submitted documents compliant, but further review by ESMA is still necessary.
To our European users: We understand that regulatory uncertainty can be frustrating.
We remain committed to licensing MiCA in the coming months, while providing clarity, minimizing disruption and keeping users informed directly.
Your funds remain safe. For…
– Richard Teng (@_RichardTeng) June 24, 2026
The post Crypto News Today (June 25): BTC crashed below $60,000, already back to $61,000, more drama over Binance EU license and standard charter calls for AAVE to hit $3,500 appeared first on 99Bitcoins.
