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This Week in Crypto – The GENIUS Act, Iranian Exchange Hack and More
This Week in Crypto – The GENIUS Act, Iranian Exchange Hack and More

This week saw pivotal developments for crypto, from the Senate passing the GENIUS Act to the launch of Canada's XRP ETF and geopolitical tensions impacting the market. Stay updated on all major crypto events.

BeInCrypto·2025/06/21 00:35
Over $50M in Dogecoin Moved Off Exchanges; Are Insiders Prepping for a Pump?
Over $50M in Dogecoin Moved Off Exchanges; Are Insiders Prepping for a Pump?

DOGE sees $54M outflows as whales accumulate. Meanwhile, traders eye Remittix for real-world payments as ETF hopes and Musk updates loom.Exchange Outflows and Whale MovesPrice Set-Up, Musk, and the ETF ClockWaiting for Pumps vs. Owning Payments

Coinomedia·2025/06/20 21:48
Texas Governor Greg Abbott signs strategic Bitcoin reserve bill into law
Texas Governor Greg Abbott signs strategic Bitcoin reserve bill into law

Quick Take Texas Governor Greg Abbott signed the Bitcoin bill passed by the state’s legislature last month into law, making Texas the third state to pass legislation establishing a strategic Bitcoin reserve. Texas Blockchain Council’s President previously told The Block he expects the state to invest tens of millions of dollars into the cryptocurrency.

The Block·2025/06/20 16:00
Spot Ethereum ETFs log largest outflows in one month as ETH price tumbles below $2,400
Spot Ethereum ETFs log largest outflows in one month as ETH price tumbles below $2,400

Quick Take U.S. spot Ethereum ETFs logged over $11 million worth of outflows on Friday, the largest such value since mid-May. Despite the outflows, the ETFs have added around $840 million in cumulative inflows over the course of June. Spot Bitcoin ETFs continue to see inflows, setting a new total net cumulative inflow record for five consecutive trading days.

The Block·2025/06/20 16:00
Flash
01:44
According to CCTV Finance, driven by factors such as a stronger US dollar, international gold and silver prices fell on Friday.
The price of gold futures for August delivery on the New York Mercantile Exchange fell more than 1.7% late in the session; the price of silver futures for July delivery dropped over 2%. As the NYMEX closed trading early, there was no closing price for New York gold and silver futures that day. For the week, as the Federal Reserve delivered a stronger-than-expected "hawkish" signal, the US dollar index strengthened significantly, putting pressure on non-interest-bearing assets. The main gold futures contract price on the New York Mercantile Exchange edged up by 0.17% this week; the main silver futures contract price on the New York Mercantile Exchange fell by 2.43% this week. Since silver possesses both financial and industrial characteristics, the expectation of further Federal Reserve rate hikes and weakening global industrial demand have combined to cause a more significant decline in silver prices.
01:37
Data: F2Pool co-founder suspected of accumulating over $33.41 million in ETH and WBTC
According to ChainCatcher, monitored by Ai Yi, F2Pool co-founder Wang Chun is suspected to have accumulated additional ETH and WBTC worth approximately $3.3411 million over the past 15 hours. It is suspected that he increased his holdings by 11,448.4 ETH, valued at about $19.35 million, with an average withdrawal price of around $1,690; meanwhile, he also allegedly added 224.66 WBTC, worth approximately $14.05 million, with an average withdrawal price of about $62,554.
01:14
America's Car-Mart stated that its ongoing evaluation of strategic alternatives cannot guarantee that it will result in any transaction or other concrete outcome.
The company pointed out that the review process may not lead to changes in business strategy, capital structure, operating model, or ownership. Market participants should pay attention to relevant developments, but should be aware that the potential outcomes are highly uncertain. This evaluation aims to explore various possibilities for enhancing shareholder value; however, the company has not set a timetable for completing the review and has not committed to disclosing any subsequent decisions.
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