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Like many other assets in the cryptocurrency market, Shiba Inu (SHIB) is experiencing significant upward movement, with a nearly 9% increase in price over the past 24 hours. AI and machine learning algorithms anticipate further gains.

Bitcoin (BTC) has seen a decrease in its ticker value, now at $70,754. Riot Platforms, a prominent miner, produced 215 BTC in May, marking a 43% decrease compared to the previous month.

Bonk (BONK), the prominent meme coin, persists in following an upward trajectory within an ascending channel, even amid growing pessimism towards it in the market. Analyzing its essential indicators shows that there remains a consistent interest in the meme coin, notwithstanding some investors cashing out for profits.

BlackRock, the world's largest asset manager, and Citadel Securities are reportedly supporting the launch of a new national stock exchange in Texas.

Brad Garlinghouse, CEO of Ripple Labs, expressed optimism about the approval of spot XRP ETFs in the United States during an interview on Fox Business. He suggested that it is inevitable for a spot XRP ETF to be approved but cautioned that it might not happen until at least 2025.

Tether, a prominent player in the digital asset industry, has announced an $18.75 million investment in XREX Group, a blockchain-based financial institution. This investment aligns with Tether's goal of advancing crypto adoption and financial inclusivity worldwide.