FCA Bans Crypto Purchases With Credit
The UK Financial Conduct Authority proposes banning credit card purchases of cryptocurrencies like $BTC to curb consumer debt risks, seeking public comments by June 13, 2025. #Update #Legal $BTC (-6) ↘
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AI Agents Testrun Ouroboros Leios
Cardano founder @IOHK_Charles hints at major changes with AI agents stress-testing the Ouroboros Leios update, aiming to enhance Cardano’s scalability and security. #Update #Crypto $ADA (+6) ↗
Shiba Inu Transfers 327M Coins Surge
Over 327 million $SHIB tokens were burned this week, marking a 300% increase in burn rate, yet the price dipped nearly 1% to $0.00001347. #Update #Crypto $SHIB (+3) ↗
Bitcoin ETF Surges With $420M Inflow
U.S. Spot Bitcoin ETF sees a $422.5M inflow, led by @BlackRock’s $351.4M, as $BTC price nears $100K, signaling renewed institutional interest. #Update #ETF $BTC (+7) ↗
Ethereum Whale Sells ETH Buys 3 Tokens
An Ethereum whale swapped $2.11M in ETH for USDC, investing in AERO, AIXBT, and VIRTUAL, boosting VIRTUAL’s price by 100% this week. #Update #Crypto $VIRTUAL (+6) ↗
Bitcoin Surge MicroStrategy Raises $84B
@MicroStrategy plans to raise $84 billion to buy more $BTC, aiming for a 25% BTC yield by 2025. This move strengthens its position as the largest public BTC holder. #Breaking #Crypto $BTC (+9) ↗
Bitcoin: Metaplanet Secures 3.6 Billion JPY
@Metaplanet_JP raises 3.6 billion JPY ($23M) via ordinary bonds to expand its Bitcoin holdings, aiming for 10,000 BTC by 2025. #Update #Crypto $BTC (+7) ↗
XRP Surge Ripple Transfers 1.1 Billion
Ripple moved over 1.1 billion $XRP on May 1, with 700 million relocked as part of routine escrow operations, amid ongoing market analysis and price fluctuations. #Update #Crypto $XRP (+3) ↗
Tether Surpasses $1B Profit in Treasuries
@Tether_to’s Q1 2025 report shows $120B in U.S. Treasuries and over $1B in profits, with $5.6B excess reserves under El Salvador regulation. #Update #Crypto $USDT (+6) ↗
Mango Markets Hacker Sentenced 52 Months
Avraham “Avi” Eisenberg sentenced to 52 months for CSAM charges, with potential retrial on @MangoMarkets crypto theft case. #Breaking #Legal (+8) ↘
Bitcoin Breakout Looms Amid US Recession
Bitcoin price nears $97,000 as recession odds hit 62%, with predictions of a breakout to $125,000 amid market uncertainty. #Update #Crypto $BTC (+6) ↗
Stablecoins Surge US Treasury’s $2T Forecast
The U.S. Treasury Department supports @StanChart’s projection that stablecoins could reach $2 trillion by 2028, citing potential impacts on U.S. monetary infrastructure and global dollar dominance #Update #Crypto $USDT (+4) ↗
SUI Price Surge: 21Shares Files ETF
@21Shares files with SEC for a SUI ETF, marking a significant step in expanding exchange-traded access to $SUI, which surged 11% amid the news. #Update #ETF $SUI (+6) ↗
Bitcoin ETF Launch Grayscale Introduces BCOR
@Grayscale has launched the Bitcoin Adopters ETF (BCOR) to track companies with significant $BTC holdings, targeting new investors in Bitcoin-related products. #Update #ETF $BTC (+3) ↗