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news-imageMarch 6, 2025

Solv Protocol Teams Up with Soneium to Launch Bitcoin Staking on Ethereum L2

TL;DR Solv Protocol teams up with Soneium: The partnership leverages Sony-supported Ethereum L2 to enable Bitcoin staking on a scalable DeFi network. Seamless Bitcoin staking: Users deposit Bitcoin to receive SolvBTC, a 1:1 pegged token, which can be staked for passive income using liquid staking tokens.
Publisher: Crypto Economy
Sentiment: Positive
BTC
ETH

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Negative
cover-imageBenzinga
March 6, 2025

Vladimir Putin Said 'Nobody Can Ban Bitcoin,' But Russia Isn't Looking To Follow Donald Trump's Push For A Crypto Reserve

Russian Deputy Finance Minister Vladimir Kolychev's statement on Wednesday that Bitcoin (CRYPTO: BTC) will not be included in the National Wealth Fund mirrors President Vladimir Putin's historically cautious approach to cryptocurrency. What Happened: Kolychev, speaking to Interfax on Wednesday, confirmed that the country's national wealth fund will maintain its focus on gold and yuan, with allocations of up to 60% in yuan and 40% in gold, explicitly rejecting Bitcoin due to its volatility.

Positive
cover-imageUToday
March 6, 2025

BlackRock's Bitcoin Holdings Grow as Market Bounces Back

BlackRock's Bitcoin holdings are up as the crypto market extends its recovery in Thursday's trading session. According to blockchain analytics platform Lookonchain, on March 6, the group of 10 Bitcoin ETFs saw a positive net inflow of 80 BTC worth $7.22 million, with BlackRock's iShares Bitcoin ETF leading the charge.

Positive
cover-imageThe Currency Analytics
March 6, 2025

Ethereum's Large Purchase Signals Market Rebound

Ethereum's (ETH) market remains as volatile as ever, with major price fluctuations and institutional activities continuously influencing market sentiment. The recent large purchase of 17,855.3 ETH by the mysterious entity “7 Siblings” has raised significant speculation.

Negative
cover-imageCryptoPotato
March 6, 2025

Bitcoin Price Analysis: Caution Flags as BTC Tests $90K

Bitcoin recently broke below the 100-day moving average at $97K, triggering a sharp sell-off that pushed the price beneath the $80K threshold. However, a strong rebound from the 200-day MA at $80K has brought the price back toward $90K, suggesting a potential sideways consolidation phase in the short term.

Positive
cover-imageBenzinga
March 6, 2025

Michael Saylor Hints US Will Buy 1 Million Bitcoin For Strategic Reserve

Michael Saylor, executive chairman of Strategy (NASDAQ:MSTR), suggested on Thursday that the United States plans to purchase 1 million Bitcoin (CRYPTO: BTC) to establish a strategic reserve, aligning with a framework outlined in the bill proposed by senator Cynthia Lummis (R-Wyo.) He was speaking in a Fox Business interview, ahead of a White House Crypto Summit scheduled for Friday, where Saylor will participate.

Positive
cover-imageInvezz
March 6, 2025

Brazil's Méliuz joins Bitcoin trend, buys 45.72 BTC

Méliuz, a Brazilian financial technology company, purchased Bitcoin as part of their treasury management procedure, demonstrating the growing interest in digital currencies. Méliuz's board of directors approved a significant investment on Thursday by purchasing 45.72 Bitcoins worth about $4.1 million at an average price of $90,296.11 per unit.

Positive
cover-imageThe Currency Analytics
March 6, 2025

Metaplanet Acquires $43.9M Bitcoin, Stock Surges

Metaplanet, a Japanese firm, has significantly increased its Bitcoin holdings, acquiring an additional $43.9 million worth of Bitcoin amid ongoing market fluctuations. This purchase pushes Metaplanet's total Bitcoin holdings to 2,888 BTC, positioning the company as a major player in the corporate cryptocurrency landscape.

Neutral
cover-imageThe Motley Fool
March 6, 2025

Better Buy: Bitcoin vs. XRP

Bitcoin (BTC 0.80%) and XRP (XRP 4.20%) are very different types of cryptocurrencies. Bitcoin, which has a market cap of $1.7 trillion, is the world's most valuable cryptocurrency.

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