Texas Passes BTC Reserve Asset Law
Bloomberg reported that Texas Governor Greg Abbott officially signed the BTC Reserve Asset Bill (SB 21). As a result, Texas became the largest state government in the United States to introduce BTC as a reserve asset. The bill aims to create a fund for direct government investment and is part of a strategy to develop Texas as a hub for technological innovation and the cryptocurrency industry.
BTC Spot ETF Sees $1.02 Billion Net Inflow Last Week
According to Soso Valley, the US Bitcoin spot ETF recorded a total net inflow of $1.02 billion last week. BlackRock's IBIT alone drove the market with a net inflow of $1.23 billion. During the same period, the Ethereum spot ETF recorded a net inflow of $40.24 million, continuing its six-week inflow trend.
Anonymous Institution Purchases $113 Million in ETH Over Three Days
Spot On-chain reported that an anonymous institutional address bought 47,070 ETH (equivalent to $113 million) during the market downturn over the past three days, with an average price of $2,400. The address has purchased a total of 132,535 ETH (worth $337 million at an average price of $2,518) through over-the-counter trades with market-making companies like Wintermute and Coinbase, currently recording an unrealized loss of $36.68 million.
Metaplanet Adds 1,111 BTC, Total Holdings Now 11,111 BTC
The Japanese listed company Metaplanet, which has incorporated Bitcoin as a primary asset, announced via X that it has additionally purchased 1,111 BTC. Consequently, Metaplanet's total BTC holdings have increased to 11,111 BTC.
Zhao Changpeng Warns: "Information Sites Under Attack, Be Careful When Connecting Personal Wallets"
Binance's former CEO Zhao Changpeng warned that "hackers are targeting cryptocurrency information websites. Be cautious when approving personal wallet connections. Two days ago, malicious code was planted on CoinMarketCap, and today there was an attack on CoinTelegraph's frontend. In the CoinMarketCap case, 39 victims have been recorded with losses of $18,570."
Analysis: BTC Short-Term Holders Sell 17,800 BTC in One Day
Crypto Quant analyst Axel Adler Junior revealed via X that BTC short-term holders sold a total of 17,800 BTC on centralized exchanges (CEX) in the past 24 hours. Of these, 14,700 BTC were sold at a loss, and 3,100 BTC were sold at a profit.
Anonymous Whale Deposits $45.67 Million ETH to Binance
On-chain analyst ai_9684xtpa reported that an anonymous whale address (starting with 0xD746) deposited 20,461 ETH (worth $45.67 million) to Binance two hours ago, after withdrawing from Stakesstones and Blast over the past five months. He added that "the entire amount is expected to be sold."
Towns Protocol Raises $3.3 Million in Investment
The communication platform Towns Protocol announced that it has raised an additional $3.3 million in a seed round led by Coinbase Ventures. This fundraising is the first instance of Coinbase creating a Base Ecosystem Fund through the Echo platform, investing in new projects in the Base network ecosystem alongside general investors. Towns Protocol is a Web3 social platform built on the Base network, allowing users to create their own town communities and share various content. Previously, Towns raised $10 million in a Series B round led by a16z in April.
Aleo Launches 'View Key' System for Selective Information Disclosure
Layer 1 blockchain Aleo has released a protocol native tool 'View Key' system through its official channel, allowing users to selectively disclose only necessary account information. The Aleo Foundation explains that this provides a new paradigm for the cryptocurrency and financial industry by simultaneously satisfying privacy protection and regulatory compliance. The View Key is inherently embedded in Aleo accounts and encrypted, only becoming visible when the account owner opens the key. It can be used in situations requiring regulatory compliance proof, audits, or providing confidential details to counterparties. An Aleo representative emphasized that "the View Key enables the development of financial applications that were previously impossible on public chains."
Mango Network Reveals Tokenomics, 10% Allocated to Airdrop
The omnichain infrastructure network Mango Network revealed its tokenomics via X. The total supply is 10 billion, with 20% allocated to POS staking pool, 20% to foundation, 17% to ecosystem innovation fund, 15% to team and early contributors, 15% to investors, 5% each to testnet and mainnet airdrops, and 3% to advisors.
Binance to Delist UTK/USDC and ZIL/BTC Margin Pairs
Binance announced through its official website that it will delist UTK/USDC and ZIL/BTC cross and isolated margin pairs on June 25th at 15:00 KST.
Coinone Designates NFP as a Cautionary Stock, Suspends Deposits
Coinone announced through its official website that it will designate NF Prompt (NFP) as a cautionary stock. Accordingly, deposits will be suspended from 15:00 on the 23rd.
Binance to List NEIRO/JPY Spot Pair
Binance announced through its official website that it will list the NEIRO/JPY spot trading pair on June 25th at 17:00 KST. These pairs will offer fee-free benefits for one month after listing.
Binance Alpha Adds CARV
Binance Alpha announced the addition of CARV. Tokens for Binance Alpha are selected reflecting community and market trends from early projects. Future listing is not 100% guaranteed.
BTC Perpetual Futures Long/Short Ratio at Top 3 Futures Exchanges
The recent 24-hour BTC perpetual futures long/short position ratio based on open interest at the world's top 3 cryptocurrency futures exchanges is as follows: Total Exchanges: Long 49.48% / Short 50.52%
1. Binance: Long 49.83% / Short 50.17%
2. Bybit: Long 48.36% / Short 51.64%
3. Gate.io: Long 49.83% / Short 50.17%
Iran "Will Take Strong Military Action Against the US"
The spokesperson for Iran's Military Central Command stated, "We will take strong action against the US. The US intervention has expanded the legitimate target range of Iran's armed forces."
BTC Surpasses $102,000
According to Coinness market monitoring, BTC has surpassed $102,000. On Binance USDT market, BTC is trading at $102,062.63.
Get news in real-time...Go to TokenPost Telegram
<Copyright ⓒ TokenPost, Unauthorized Reproduction and Redistribution Prohibited>
