ChainCatcher news, according to Jinshi reports, Federal Reserve Chairman Powell stated that significant progress has been made towards a stablecoin framework.

ChainCatcher news, BitMart launches the revolutionary AI smart analysis platform X Insight, which for the first time realizes the real-time conversion of massive social conversations on the X platform (formerly Twitter) into actionable trading signals, helping users penetrate market noise to seize opportunities. By real-time parsing of social data, it provides core functions such as market sentiment scoring, trend alerts, and KOL consensus tracking, assisting users in accurately grasping market trends.X Insight offers multilingual versions, suitable for traders, investors, analysts, and crypto enthusiasts, providing a comprehensive suite of features.

ChainCatcher news, according to Bitcoin Laws, Arizona has passed the "Bitcoin Reserve" bill HB2324. The bill aims to establish a reserve for holding assets obtained through criminal asset forfeiture.If Governor Hobbs signs it, the bill will become Arizona's second officially legislated reserve bill.

ChainCatcher news, according to Bitcoin Laws, Arizona has passed the "Bitcoin Reserve" bill HB2324. The bill aims to establish a reserve for holding assets obtained through criminal asset forfeiture.If Governor Hobbs signs it, the bill will become Arizona's second officially legislated reserve bill.

ChainCatcher news, Nano Labs Ltd (NASDAQ: NA) announced that it has signed convertible note subscription agreements with multiple investors to issue a total of $500 million in convertible notes. The notes have a term of 360 days, with no interest accruing on the principal before maturity. Holders may choose to convert the notes into Class A common stock of the company during the term, with an initial conversion price of $20 per share.Nano Labs plans to initially acquire $1 billion worth of BNB through this financing and private placement, aiming to hold 5% to 10% of the total circulating supply of BNB for the long term.

ChainCatcher news, Bitget will collaborate with the renowned European product design studio Saturnia Design to hold Bitget Elite Day on June 27 at the iconic Fisherman's Bastion in Budapest. This event focuses on the sustainable value of Web3 and explores its future development directions and evolution paths.The roundtable forum will be hosted by Mike Vitez, co-founder of Saturnia Design, and will invite policy experts, technology developers, project founders, and Bitget executives from Europe to participate in the discussion. The attendees will engage in in-depth discussions on topics such as "Building a Sustainable Application Ecosystem," presenting a multi-dimensional and multi-perspective clash of ideas.

ChainCatcher news, Senator Hagerty stated in an interview with well-known KOL scottmelker that Trump is ready to sign the GENIUS Act, which may soon be sent to his desk.

ChainCatcher news, according to Coindesk, Texas Governor Greg Abbott has signed Senate Bill No. 21, officially establishing the first state-level Bitcoin reserve in the United States supported by public funds. Texas will allocate $10 million for the purchase of Bitcoin, distinguishing it from Arizona and New Hampshire, which only authorized but did not fund such initiatives. The accompanying bill HB 4488 also stipulates that the reserve cannot be diverted for general revenue purposes.

ChainCatcher news, according to Globenewswire, ECD Automotive Design (NASDAQ: ECDA), the world's largest Land Rover and Jaguar repair company, announced that it has signed a $500 million equity financing agreement with ECDA Bitcoin Reserve LLC (hereinafter referred to as "the financing"). The proceeds from this strategic financing will enable ECD to implement an innovative Bitcoin reserve strategy, positioning the company as a next-generation value storage asset and/or for supporting growth and general corporate purposes.These initiatives align with ECD's plans to attract the Bitcoin and broader digital asset communities, which have created significant wealth over the past decade and represent a priority customer base. The company plans to explore ways to help these customers diversify their digital assets into high-end real-world assets (RWA), such as classic cars.In the next twelve months, ECD will offer a $21,000 vehicle upgrade credit to the first 21 customers who purchase new cars using Bitcoin, which can be freely chosen by the customers.

ChainCatcher news, according to CryptoQuant analyst @avocado_onchain, Bitcoin long-term holders are still holding firm with no signs of selling. "Historically, Bitcoin's explosive growth often occurs when market attention wanes and sentiment is low, so the current silence may be a precursor to the next big market movement."

ChainCatcher message, according to Onchain Lens monitoring, 3 hours ago, a whale withdrew 4,201 ETH (9.5 million USD) from Kraken and transferred it to a multi-signature wallet.

ChainCatcher news, according to the token unlock data from the Web3 asset data platform RootData, Sign Protocol (SIGN) will unlock approximately 46.67 million tokens at 18:00 Beijing time on June 28, worth about 3.04 million USD.

ChainCatcher news, HashKey Group Chairman Xiao Feng recently accepted an interview with the 21st Century Business Herald. Xiao Feng believes that stablecoins can enhance the accessibility of financial services in underdeveloped regions. This is also the reason why Africa has the largest user base of USD stablecoins.In the field of cross-border payments, the traditional "bank + Swift" method may face challenges from stablecoins. Xiao Feng believes they should explore new roles and service methods.In addition, regarding the central bank's recent mention of stablecoins, Xiao Feng considers this a positive signal and suggests a step-by-step, tiered, and regional approach to gradually promote relevant pilots, with Hong Kong serving as a testing ground for offshore markets.

ChainCatcher news, according to Crypto Briefing, Texas Governor Greg Abbott has passed House Bill 4488 (HB 4488), which aims to protect certain state government funds, including any Bitcoin reserves created outside the state treasury, from being included in general revenue. The bill exempts the reserve fund and other special funds from the obligation to automatically dissolve in 2025.Texas Governor Greg Abbott has not yet made a decision on Senate Bill 21 (SB21). This bill would authorize Texas to invest in Bitcoin and other crypto assets with a market capitalization of at least $500 billion. Currently, only Bitcoin meets this threshold.Greg Abbott must sign or veto SB21 by June 22, as the bill was submitted to him on June 1. Since the bill was submitted just before the end of the legislative session, under Texas law, he must take action within 20 days after the adjournment.

ChainCatcher news, according to Jinshi reports, Federal Reserve Governor Waller recently stated that he supports considering interest rate cuts in July, believing that tariffs will not lead to sustained inflation. He mentioned that tariffs will be a one-time factor, and the Federal Reserve should not wait until the job market collapses to cut rates. Waller noted that currently, the job market is stable, but some signs are beginning to emerge, such as a high unemployment rate among recent graduates. For the past six months, the Federal Reserve has been on the sidelines, waiting for the inflation shock to arrive. Waller believes that the Federal Reserve has room to lower interest rates and then see what happens with inflation. Waller stated that the Federal Reserve could meet the conditions for a rate cut as early as July. Before Waller made these remarks, the market had only a 14% bet on the possibility of a rate cut by the Federal Reserve in July.