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Texas' SB 21, which aims to create a state-level Bitcoin Reserve, has cleared a key hurdle, passing its second House reading with significant backing. If it passes one final vote, it will move to Governor Abbott for approval.
Jeffrey Wilcke’s recent Ethereum transfer to Kraken initially caused panic over a potential sell-off. However, it was later clarified as a routine wallet move, easing community concerns.
Solana shows long-term strength through institutional accumulation, but bearish technicals like the EMA death cross and BBTrend pressure price action.
XRP is under pressure with futures-driven fears and bearish signals from RSI, Ichimoku Cloud, and EMAs pointing to potential further losses.
Bitcoin still has the green light to reenter price discovery despite misgivings over trend strength, says Swissblock Technologies in its latest BTC analysis.
Can XRP hit $3 soon? Key chart signals and support levels point to a potential breakout in the near term.
- 2025/06/07 22:55Bitdeer increased its holdings by 31.9 BTC this week, bringing the total to 1,375.9 BTCAccording to the weekly report released by Bitdeer, as of June 6, 2025, the company's net holdings of Bitcoin reached 1,375.9 BTC (excluding customer deposits). This week, 43.9 BTC were produced, 12.1 BTC were sold, resulting in a net increase of 31.9 BTC.
- 2025/06/07 22:33Federal Reserve Survey: 52% of Americans Unable to Handle $2,000 Emergency Expense as Inflation Pressures Continue to MountAccording to The Kobeissi Letter, the latest Federal Reserve survey shows that 52% of American consumers cannot handle a $2,000 emergency expense solely with savings, and 31% cannot even cover a $500 unexpected expense. In 2024, a record 37% of respondents indicated that inflation and prices are their main financial challenges, up from 35% in 2023, 33% in 2022, and 8% in 2016.
- 2025/06/07 22:31VIRTUAL Price Surge: Spot and Derivatives Traders Actively Buying to Drive MarketThe price of Virtuals Protocol (VIRTUAL) has risen by 10.48% in the past 24 hours, driven mainly by increased activity in the spot and derivatives markets. Despite the overall market decline, spot traders have accumulated $10.45 million worth of VIRTUAL, indicating strong interest. The open interest in the derivatives market grew by 13.3% to $230 million, with a significant number of short positions being liquidated, resulting in losses of approximately $124,670 for short traders, which is double the losses of long traders. Technical analysis shows that VIRTUAL has broken through a key resistance level, with the Aroon indicator signaling a bullish trend, suggesting that the price could rise to $2.5. Smart money investors have increased their holdings, making VIRTUAL the most accumulated memecoin or AI token. In the 90-day index ranking, VIRTUAL is listed as the 4th best-performing asset, outperforming all top ten cryptocurrencies by market capitalization.