USDT Dominates as Dollar Hegemony Tool
Tether CEO Paolo Ardoino claims $USDT is crucial for US dollar dominance, highlighting its vast distribution network and growth in developing countries. #Update #Crypto $USDT (+3) ↗
GameStop CEO Confirms Bitcoin Proposal
@GameStop CEO Ryan Cohen confirms receiving a $5B Bitcoin investment proposal from Strive Asset Management to transform GameStop into a leading Bitcoin treasury in gaming. #Breaking #Crypto $BTC (+9) ↗
Crypto Heist: Bybit Hack Mirana Ventures Response
@Bybit received $600M in $ETH from Mirana Ventures post-$1.5B hack, stabilizing reserves after major security breach linked to North Korean Lazarus Group. #Breaking #Crypto $ETH (-8) ↘
Galaxy Digital Hires Ex BlockFi CEO
@GalaxyDigital hires Zac Prince, former BlockFi CEO, as managing director to expand digital assets offerings amid a pivotal transformation era. #Update #Crypto (+7) ↗
Bitdeer Reports $531.9M Loss Targets 40 EH/s
@BitdeerTech reported a $531.9M Q4 loss, investing $243.4M in ASIC hardware from TSMC, aiming for a 40 EH/s hashrate by late 2025. #Update #Crypto (-6) ↘
Bitcoin Rejected as Montana State Reserve
Montana lawmakers rejected a bill allowing state investment in $BTC as a reserve asset, with 41 Democrats and 18 Republicans opposing it. #Update #Crypto $BTC (-3) ↘
Ethereum ETF Staking Proposal Awaits SEC Decision
@SECGov is reviewing @NYSE’s proposal for staking in Grayscale Ethereum Trust ETFs, with a decision expected by May 26, 2025. #Update #Legal $ETH (→ 0)
TRON Unveils Gas Free Transactions
@justinsuntron announces Gas Free feature for $USDT transactions on TRON, eliminating TRX fees and simplifying user experience, launching next week. #Update #Crypto $USDT (+6) ↗
GameStop CEO Urged: Buy Bitcoin Now
@GameStop is urged by Strive Asset Management CEO Matt Cole to invest its $5 billion reserves into $BTC, aiming to transform from a meme stock to a market leader. #Update #Crypto $BTC (+6) ↗
Compliance Settlement Success: OKX Strategy
@OKX announces a $500M settlement with the U.S. Department of Justice over regulatory failings and suspicious transactions #Breaking #Legal (-9) ↘
Ethereum Foundation Leadership Shakeup Unveiled
Aya Miyaguchi transitions from executive director to president of the Ethereum Foundation amid criticism and leadership changes. $ETH trades below $2,500, down 6%. #Update #Crypto $ETH (-3) ↘
Crypto Insights: Burniske Challenges Bear Market
Chris Burniske says the current crypto dip is a typical bull market cycle reset, with $BTC down 20% and $ETH down 50% from all-time highs. #Update #Crypto $BTC (-3) ↘
Stablecoin Revolution Boosts Filecoin Ecosystem
@10XResearch reveals benefits of a $USD stablecoin in the @Filecoin ecosystem, enhancing liquidity and user adoption with potential impacts similar to $DAI on Ethereum. #Update #Crypto (+3) ↗
Crypto Hack: Bybit Breach Sets Record
@21Shares identifies the Bybit hack as the largest in internet history, with funds stolen representing 7.50% of Bybit’s $20 billion assets; Bybit restored reserves within 72 hours. #Breaking #Crypto $BTC (-9) ↘