🚨 Behind the Chain: What’s Actually Moving the Web3 World

News

📜 Stablecoin Bill: US Senate Nears Vote On GENIUS Act Amid Bipartisan Push For Amendments

The US Senate may pass the GENIUS Act by the end of the week if Congressmen reach a consensus on key issues. U.S. senators will deliberate on key amendment proposals to the stablecoin bill that has faced a gale of headwinds from critics.

📢 BlackRock Breaks Acccumulation Streak, Moves $429M In Bitcoin To Coinbase Prime

BlackRock has broken its streak of steady Bitcoin accumulation after it deposited 4,113 BTC on Coinbase Prime. The outflow is stoking fears of a massive selloff, sending Bitcoin prices tumbling below $105K.

Markets

🔮 XRP Price Prediction for June: Key Levels to Watch as Technicals Flash 2017 Bull Signs

XRP price struggles to hold above key support levels as the crypto market bleeds after intense weekend volatility due to Bitcoin’s crash. Despite recent correction, the token still follows a 2017 bull pattern where the price cooled off before a bullish breakout to the upside. Will history rhyme, allowing XRP price to recover, or will the token continue its descent?

🐋 Solana Whales May be Looking to Sell $441M Worth of SOL, Will Price Crash?

One Solana whale may be looking to dump 2.8 million SOL, worth $441 million, after moving these tokens to Binance. This move comes as the Solana (SOL) price has crashed 18% over the past 10 days. Despite the potential selling pressure, Coinglass data reveals a bullish outlook due to consistent investor outflow noted in the last three weeks.