Stablecoins
ETF
SEC punts decision on crypto ETFs again, final rulings anticipated later in 2025
The regulator postponed decisions on three crypto-related ETFs, while acknowledging 21shares' Dogecoin ETF filing.
Adoption
Twenty One Capital becomes top Bitcoin holder with $458.7M purchase ahead of public listing
Tether executed the acquisition and the BTC amount was placed in a designated wallet pending the close of the private investment in public equity financing.
Taxes
US lawmakers warn Treasury on taxing US firms’ unrealized crypto gains
Meanwhile, a major component of the crypto-focused super PAC Fairshake urged the Senate to pass a regulatory framework for stablecoins.
Stablecoins
Fed council warns stablecoins may pose risk to bank deposits and credit capacity
Federal Reserve council warns that nonbank-issued stablecoins could shift deposits, impacting community loan availability.
Staking
Virtuals debuts veVIRTUAL staking to boost rewards for Genesis launchpad users
The veVIRTUAL tokens will boost the earning of Virgen Points and grant airdrops of tokens launched on Genesis.
Stablecoins
USDT supply surpasses $150 billion as stablecoins outpace mainstream giants Visa, PayPal
USDT now dominates 63% of the stablecoin market cap as traditional payment giants fall behind in transfer volumes.
Analysis
Bitcoin’s rise above $100K buoyed by institutional inflows and macro tailwinds – Bitfinex
Bitcoin's realized cap surge and declining unrealized losses highlight investor conviction and market stability amid macroeconomic shifts.
Memecoins
Pumpfun launches creator rewards, $7M potential based on April volume
Pump.fun and PumpSwap volumes combined surpassed $14.6 billion last month amid memecoin ressurgence.
Regulation
BlackRock meets SEC Crypto Task Force to discuss tokenization, ETP rules
The meeting followed another encounter on April 1 where BlackRock also discussed staking and ETP rules, but now added tokenization.
ETF
Spot Bitcoin ETFs set lifetime flow record at $40.3B as price recovers
BlackRock's IBIT dominated 92% of the net flows from April 7 to May 8, favored by the "beta with a side of Bitcoin" pattern.
Exchanges
Democrat Senators urge Treasury, DOJ to probe Trump’s crypto ties to Binance
The letter mentions the relation of USD1, from Trump-endorsed World Liberty Financial, with MGX's US$ 2 billion investment on Binance.
Stablecoins
Meta exploring stablecoins for cross-border payouts in renewed crypto push
The initiative will allegedly handle cross-border payouts and have use cases like creator payouts through Instagram.
