Here's the latest cryptocurrency market news:
1. *Bitcoin Price Tanks*: Bitcoin's price has taken a hit as short-term holders capitulate, echoing the August 2024 crash, according to analysts [1. CoinDesk].
2. *Spain's CaixaBank to Launch Crypto Services*: CaixaBank, Kutxabank, and Renta 4 are reportedly set to launch cryptocurrency services in Spain [2. Bloomberg].
3. *ECB Targets October for Digital Euro*: European Central Bank President Christine Lagarde aims to finish the digital euro project by October [3. Reuters].
4. *Texas Moves Forward with Bitcoin Reserve Bill*: Texas is pushing forward with a bill to allocate $250 million for a Bitcoin reserve [4. CoinTelegraph].
5. *Shiba Inu Faces Challenges*: Shiba Inu (SHIB) has experienced a steady trading day despite a recent downturn in the meme coin market [5. CryptoSlate].
6. *BBVA Gains Approval for Bitcoin and Ethereum Trading*: BBVA, Spain's second-largest bank, has received regulatory approval to offer Bitcoin and Ethereum trading services [6. The Block].