πΊπΈπ #BTC Texas House to debate SB 21 tomorrow, advancing the creation of a state-run Bitcoin Reserve.
ππ #BTC is not used for anything other than as monetary goods.
π§βπ» Top #ETH-based coins by development activity since last month
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πΊπΈπ£ Senator Bill Hagerty: #stablecoin issuers will be the largest holders of US treasuries in the world.
πΈπ»π The world's press seemed to be becoming less interested as El Salvador's #BTC vaults gained value.
ππ #BTC CQ: Long-Term Holders (18m-3y) sold 2M+ BTC since Nov 2023, cashing out $138B. Another 500K BTC may hit the market by year-end, potentially impacting prices. Corporate sector likely to absorb this supply, as Bitcoin demand grows.
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π΅οΈ #ETH London-based Abraxas Capital bought another 46,295 ETH ($115.3M), scooping up a total of 350,703 ETH ($837M) since May 7. The firm currently sits on an unrealized profit of $50M.
π #ETHβs Pectra upgrade hasnβt translated into a spike in network engagement just yet. Since the upgrade, the average new and resurrected addresses are down in comparison to YTD values (β1.8% and β8.4% respectively) - but churn is notably lower as well (β8.5%).