Latest Cryptocurrency Updates: Bitcoin Soars to $97,000, XRP Discusses ETF, Sui Partners with Pokémon, and Further Developments

Get Ready to Crypto Soak Up This Week's Nitty-Gritty News

Want to keep your finger on the pulse of the crypto world? You've come to the right place! Here's the latest scoop from this turbulent yet exciting week.

Bitcoin Boogies Past $97K

First off, Bitcoin nudged against the $97,000 mark—the first time since ol' man Trumph's reign, back in 2025. Although it quickly eased off to settle at $96,731 by the time keyboards were pressed, it's still an impressive leap!

Amid the trade rollercoaster—with its temporary brakes, retaliations, and rumors of de-escalation—Bitcoin managed to thrive as a hedge against traditional finance and U.S. Treasury risks. Institutional love for BTC kept growing, as Bitcoin ETFs raked in more inflows while Gold ETPs struggled to keep up.

Sui Pokémon Whispers

Next, the mysterious realm of Sui blockchain fluttered with rumors of a possible collaboration with the quirky little Pokémon universe. SUI prices spiked over 60% in a frenzy!

It all started with Pokémon HOME's privacy policy update, featuring new developers like Parasol Technologies, LLC. A well-known Web3 gaming infrastructure company, purchased by Sui's team, Mysten Labs, in 2025. Alas, the smoke has since cleared, as a revision to one document doused the fire—no Pokémon NFTs in sight for now!

However, whispers still persist that Parasol may later cook up some interesting features for Pokémon fans to savor.

ProShares XRP ETF Chatter

Now let's move on to ProShares XRP ETF talks, with juicy gossip spreading that the U.S. Securities and Exchange Commission (SEC) had blessed a ProShares XRP ETF. But don't believe it for a second! BeInCrypto debunked the claims, scrapping them off as false. Only ProShares' Leveraged and Short XRP Futures ETFs received the green light.

Still, the arrival of ProShares' futures ETF stoked optimism among the crypto community, who set their sights on a coveted spot XRP ETF next.

Ripple Optimism—Or Anticipation?

With hopes high, Ripple's team and enthusiasts prepared for a substantial stream of capital inflow if a spot XRP ETF materialized. Expert Armando Pantoja predicted that the move could ignite demand and potentially jack up XRP's price big-time.

However, it's important to note that catalysts for mass adoption and astronomical price hikes will likely be triggered by the arrival of a spot XRP ETF, rather than the currently approved futures iteration.

SEC Postpones XRP Decision 'Til June

And there you have it! A major decision on the XRP ETF front has been delayed until June 17. With around 70 ETF proposals waiting anxiously for their verdict, only time will tell if XRP's forecast will indeed shine during mid-October. According to Polymarket bettors, there's a 34% chance it'll be approved by July 31, and a 79% chance by the end of 2025.

Now, go forth and crypt-on the latest developments in the captivating world of cryptocurrencies, knowing that you've got the inside scoop on the happenings that shook the crypto sphere this week!

By the way, remember to stay up to date with facts and consult with financial experts before putting your cold hard cash on any decisions or investments deriving from this article. Enjoy your crypto adventure!

Did you know that the SEC often requests additional time to evaluate crypto ETF proposals thoroughly, leading to delays?
The U.S. SEC is expected to give an update on the ongoing Ripple lawsuit around June 15, only two days before the XRP ETF decision date. There are speculations that the SEC might link its ETF decision with the outcome of the Ripple case.

The first time since 2025, Bitcoin reached close to $97,000, marking an impressive leap in value.
Institutional love for Bitcoin continued to grow as Bitcoin ETFs gained more inflows while Gold ETPs struggled to keep up.
The Sui blockchain was abuzz with rumors of a possible collaboration with the Pokémon universe, causing SUI prices to soar.
A possible Pokémon NFT collection remained uncertain, as subsequent revisions dampened initial enthusiasm.
Rumors of a ProShares XRP ETF emerged, later debunked as false by BeInCrypto.
ProShares' Leveraged and Short XRP Futures ETFs received approval, setting off optimism within the crypto community.
Ripple's team and enthusiasts awaited potential inflows of capital if a spot XRP ETF were to be approved.
Expert Armando Pantoja suggested that a spot XRP ETF could significantly boost XRP's price if it led to mass adoption and astronomical price hikes.
The decision on the XRP ETF proposal is delayed until June 17, with a 34% chance of approval by July 31 and a 79% chance by the end of 2025, according to Polymarket bettors.