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Stablecoin yield offerings would be banned under the proposed Digital Asset Market Clarity Act, allowing only activity-based rewards; negotiations continue ahead of a Senate Banking Committee hearing. #Update #Crypto $USDC
The Ethereum Foundation sold 10,000 $ETH to BitMine for approximately $22.9 million, part of its treasury strategy to fund operations and research. #Update #Crypto $ETH
Tether reports $1.04 billion Q1 profit and record $8.23 billion in excess reserves, with USDT liabilities stable at $183 billion amid rising global demand for stablecoins. #Update #Crypto $USDT
@ArkInvest predicts $BTC market cap will reach $16 trillion by 2030, driven by institutional adoption, with price potential exceeding $730,000. Current market cap is $1.5 trillion. #Update #Crypto $BTC
Bitcoin rose to $77,400 as major tech earnings boosted market sentiment, despite ongoing short-term pressures and $400M in ETF outflows. Key resistance remains at $80,000. #Update #Crypto $BTC
Bitcoin $BTC rose 1.7% to nearly $77,500 amid above-average trading volume, while open interest in $76,000 puts surged 22.5%, indicating institutional hedging against potential declines. #Update #Crypto $BTC
@MicroStrategy maintains an 11.5% dividend rate for its Stretch preferred stock, while $BTC rises 12% in April, marking its best monthly performance since April 2025. #Update #Crypto $BTC
@JoshOlszewicz discusses the Sui blockchain’s unique architecture and consumer application focus, with a current price of $0.9176. #Update #Crypto $SUI
@AnchorageDigital partners with M0 to enhance stablecoin issuance for U.S. institutions, aligning with new regulations under the GENIUS Act #Update #Crypto $USDC
U.S. Senators unanimously banned themselves from participating in prediction markets, citing concerns over speculative activities while on taxpayer-funded salaries. The rule change is effective immediately. #Update #Legal
@Polymarket partners with @Chainalysis to enhance market integrity and monitor for insider trading, aiming to establish credibility in crypto prediction markets. #Update #Crypto
U.S. Secretary of Commerce Howard Lutnick faces scrutiny from Senators Warren and Wyden over a reported Tether loan to his children’s trust, raising concerns about potential conflicts of interest. #Update #Legal $USDT
@Polymarket’s recent temperature bet linked to a spike at Paris-CDG airport has prompted an investigation into data integrity, highlighting vulnerabilities in financial markets relying on single data sources. #Update #Crypto $POLY
Major U.S. banks urge regulators to delay the Genius Act, fearing deposit flight due to stablecoin competition; Agora seeks national trust bank charter for direct stablecoin issuance. #Update #Crypto $USDC
