Sandeep Nailwal becomes Polygon’s first CEO, while EMURGO finally addresses Cardano fund concerns. Solaxy gains buzz, eyeing $48M in presale. Ethereum ETF inflows near $5B. Bitcoin eyes $109K highs despite pullback risks. Connecticut bans state BTC buys. ✨We’ll now walk through:

🔹Bitcoin nears new highs as it retests $109,000, but some analysts warn of a possible pullback (Source).

🔹Ethereum could be repeating Bitcoin’s 2021 cycle, with a new target in sight (Source).

🔹XRP has three key price levels to watch this June (Source).

🔹Dogecoin faces a make-or-break moment this month, according to experts (Source).

🔹XRP breaks out, though Bollinger Bands suggest caution (Source).

🔖 Regulatory and Security Updates:

🔹MEXC establishes a $100M user protection fund to address platform breaches (Source).

🔹Connecticut bans Bitcoin investments for the state, while other states build crypto reserves (Source).

🔹India’s CBI busts a transnational cybercrime ring, seizing $327K in crypto (Source).

🔹FTX users are still battling to unlock $2.2B in bankruptcy claims (Source).

🔖 Project Launches and Corporate Moves:

🔹Sandeep Nailwal becomes the first CEO of Polygon Foundation (Source).

🔹Societe Generale plans to launch a stablecoin on Ethereum and Solana blockchains (Source).

🔹Interactive Strength secures a $500M facility to acquire AI-focused FET tokens and launches a crypto treasury asset strategy (Source).

🔹Nasdaq-listed Interactive Strength unveils a $500M AI token treasury with Fetch.ai (Source).

🔖 Altcoin Highlights and Presale Buzz:

🔹Solaxy is coming to Ethereum with Hyperlane and is close to $48M in presale (Source).

🔹Solaxy is also featured by CoinSniper as a top 2025 crypto presale (Source).

🔹Whales have invested over $125K in Bitcoin Hyper (HYPER), raising presale excitement (Source).

🔹$SNORT is gaining attention as a possible winning play in the crypto market (Source).

🔖 Technical Analysis and Altcoin Moves:

🔹Shiba Inu avoids a mini death cross, denying a bear trap scenario (Source).

🔹XRP’s rival, Stellar, might be poised for a golden cross, with key price levels to monitor (Source).

🔹EMURGO addresses controversy over Cardano (ADA) Genesis Funds (Source).

🔹Ethereum ETF inflows hit $4.97B as SEC opens the door for staking, hinting at a new ETH cycle (Source).