Here are the latest crypto news worth your attention on July 6, 2025:
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đ Additional Highlights
1. Stock Tokenization Momentum Expands
Major platforms like Coinbase, Robinhood, Kraken, and BitGo are now aggressively exploring stock tokenizationâallowing users to access assets like Apple or Tesla in the form of tokens on the blockchain. Although there are no voting rights, this democratizes access to stocks and increases capital efficiency.
2. MicroStrategy Nearly Reaches 600,000 BTC
MicroStrategy added approximately 4,980 BTC at the end of June, bringing their total holdings close to 597,325 BTCâvalued at around US$64 billion. Their shares jumped 4.7% following this announcement.
3. U.S. Government Starts Building National Bitcoin Reserves
Based on the Executive Order from March 2025, the U.S. is forming a Strategic Bitcoin Reserve from seized crypto assets and acquiring digital assetsâincluding BTC, ETH, XRP, SOL, ADAâmarking a proactive government stance towards crypto.
4. XRP Consolidates with 20% Upside Potential
XRP is trading around US$2.21, with support at US$2 and resistance at US$2.50. Some analysts see a potential rise of up to 20% if a breakout occurs.
5. SUI & Sonic Focus on Token Unlock
Sui released a large unlock on July 1 worth $154 million (5.22 billion tokens)âpotentially triggering volatility. Sonic also unlocked 7.5% of the supply (~$73.7 million), possibly putting price pressure before a rebound.
6. July Calendar: Macro & Crypto Events
July's focus includes CPI data (July 15), FOMC (July 29â30), and events like Coinfest Asiaâall potential price movers and market momentum.
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