Stablecoin Bill GENIUS Act Cloture Vote
The United States Senate will vote on the Stablecoin Bill, the GENIUS Act, on May 19, signaling a pivotal moment for stablecoin regulation. #Update #Legal (+3) →
FTX Bankruptcy: $5 Billion Repayments Begin
@FTX_Official to distribute over $5B to creditors, with payouts ranging from 54% to 120% of claims starting May 30 #Update #Crypto $FTT (+6) ↗
Solana Demand Surges as Capital Flows
@Solana is trading at $170.48, facing resistance near $185 despite positive capital inflows signaling renewed demand in the ecosystem. #Update #Crypto $SOL (+3) ↗
Crypto Politics McHenry Criticizes Gensler
Former Representative Patrick McHenry revealed that former SEC Chair Gary Gensler’s anti-crypto stance was influenced by progressive ideology and Senate politics. #Update #Crypto #Legal (-3) ↘
Stablecoins Issued by Tech Giants Soon
@Meta, @Amazon, @Google, and @Microsoft could issue stablecoins if they comply with the revised GENIUS Act’s strict safeguards. #Update #Legal (+3) ↗
Crypto Champion: Ukrainian Wins Live Title
Max Khamakha wins ICTC 2025, becoming the first live crypto trading champion with a $ETH long position profit of 7488.84 USDT. #Update #Crypto $ETH (+6) ↗
Bitcoin Surges NBA Playoffs Heat Up
@Strategy (MSTR) may add over 10,000 $BTC this week as predictors on Myriad Markets assign a 68.4% probability to the purchase. #Update #Crypto $BTC (+5) ↗
Ethereum Targets 2.4K Analyst Key Levels
Ethereum ($ETH) pauses its rally at $2,740 after significant gains, with analysts eyeing a crucial retest of the $2,400 support level for further momentum. #Update #Crypto $ETH (+3) ↗
SEC Investigates Coinbase Verified User Claims
The New York Times reports the SEC is investigating @Coinbase for potentially misrepresenting its “verified user” metric in past filings. #Update #Legal (+3) →
SEC Judge Rejects Ripple Settlement Deal
Judge Analisa Torres denied @SECGov and @Ripple’s motion to reduce Ripple’s penalty from $125M to $50M, citing procedural issues. #Breaking #Legal $XRP (-7) ↘
Coinbase Breach: $400 Million Loss Looms
@Coinbase reported a data breach affecting less than 1% of users, with potential losses up to $400 million due to compromised KYC and personal information. #Breaking #Crypto (-8) ↘
XRP Lawsuit: Judge Denies SEC Motion
Judge Analisa Torres denied @Ripple and SEC’s motion for an indicative ruling, citing procedural issues, impacting $XRP trading at $2.4 (-4% in 24h). #Update #Legal $XRP (-6) ↘
Stablecoin Bill Advances with New Draft
The Senate’s GENIUS Act draft addresses stablecoin regulations, including ethics and Big Tech concerns, but questions remain on enforceability and foreign issuers. #Update #Legal (+3) →
Crypto Surge: $35B Floods Market Fast
@NewsBTC reports $35 billion influx into the crypto market in under a month, signaling heightened investor interest and potential market volatility. #Update #Crypto $BTC (+7) ↗