According to Taras Kulyk of Synteq Digital, U.S. tariffs on imported ASICs may slow Bitcoin mining expansion and cause U.S. hashrate growth to plateau as countries like Pakistan scale up operations. Jeff LaBerge of Bitdeer noted that miners are adapting through secondary markets and manufacturers are increasing U.S. production to reduce costs, though competition from AI data centers and limited site availability pose greater challenges for mining profitability. Lauren Lin of Luxor Technology added that tariffs on electrical hardware are causing more disruptions than ASIC tariffs, with uncertainty persisting until policy clarity emerges.

According to Santiment, wallets holding 1,000 to 100,000 ETH accumulated a net 1.49 million ETH over the past 30 days, increasing their holdings by 3.72% to control 26.98% of the supply, signaling strong long-term conviction. Farside Investors reported that U.S. spot Ethereum ETFs saw $2.2 million in net outflows on Friday, ending a 19-day inflow streak and indicating slowing institutional demand. Despite this, ETH maintained support above $2,500, with technical analysis showing a narrow trading range of $81.14 and a rebound from lows, suggesting stability and a key psychological support level.

According to Michaël van de Poppe (@CryptoMichNL), Wormhole (W) has emerged as a core infrastructure for cross-chain swapping and bridging, with institutional giants like Blackrock, Apollo, and VanEck adopting it as their preferred protocol. The activation of fee-switches on Wormhole presents new tokenomics dynamics, potentially impacting $W trading volumes and liquidity. This institutional endorsement and protocol upgrade are key signals for altcoin traders, as they may drive increased on-chain activity and capital flows through the Wormhole ecosystem (source: Michaël van de Poppe, Twitter, June 11, 2025).

According to CryptoMichNL, he has returned to Amsterdam and is resuming his work at the office. Today, he is dedicating time to analyze and post about several altcoins as part of his Altcoin request day. The specific altcoins he will be discussing include SEI, TAO, W, SUI, and LINK. This indicates a focus on these altcoins for potential trading opportunities and insights.

According to CryptoMichNL, he will chart the following altcoins tomorrow: SEI, TAO, W, SUI, and LINK. He will provide insights on where to buy SEI and SUI.