Bitcoin ($BTC) is deemed “completely mispriced” as it trades significantly below its global liquidity fair value, prompting expectations of an aggressive rebound amid historical correlations with M2 money supply. #Update #Crypto $BTC
@SoFi launches SoFiUSD, a dollar-backed stablecoin for 15 million app users, available on $ETH and $SOL, redeemable 1:1 for USD. Aims to expand stablecoin use in traditional finance. #Update #Crypto $USDC
Researchers found AI models show bias favoring Catholicism and disfavoring Jehovah’s Witnesses. Grok exhibited the strongest bias, while Anthropic and Meta were least biased. #Update #AI
Bankless co-founder David Hoffman sold his $ETH, citing the “ETH is money” thesis has played out, while remaining bullish on Ethereum’s network. #Update #Crypto $ETH
@HYPE’s ETFs absorbed 1.04% of its market cap in 10 days, outperforming early $BTC and $ETH ETF inflows; a $30.93M HYPE withdrawal from Coinbase Prime signals institutional interest. #Breaking #Crypto
@Tether plans to launch GEL?, a stablecoin pegged to the Georgian Lari, in collaboration with the Government of Georgia, aiming for lower transaction costs and regulatory interoperability #Update #Legal @Tether
@Chainlink partners with @Mastercard to enable direct on-chain crypto purchases, simplifying fiat-to-crypto transactions for users globally through collaborations with @zerohash, @Shift4Payments, and others. #Update #Crypto $LINK
U.S. President Donald Trump advocates for exclusive CFTC oversight of prediction markets amid legal challenges faced by operators Kalshi and Polymarket. #Breaking #Legal $BTC
@Strive purchased 1,109 $BTC between May 19-22, increasing holdings to 16,500 $BTC; plans for more purchases and daily dividends on preferred shares starting June. #Update #Crypto $BTC
OpenZeppelin CEO Manuel Araoz warns that all of DeFi is unsafe due to AI’s ability to exploit vulnerabilities, as over $1.1 billion has been lost to hacks this year. #Update #Crypto
Spain blocks @Polymarket and @Kalshi for potential gambling law violations amid a global crackdown on prediction markets. #Breaking #Legal
XRP’s path to $200 requires unprecedented crypto market expansion, argues expert Sam Daodu, noting current market cap constraints and the need for Bitcoin leadership. #Update #Crypto $XRP
@Bitget launched Reality, a platform for tokenized stocks backed 1:1 by U.S. securities, with plans to expand into ETFs and bonds as SEC reviews frameworks. #Update #Crypto
Billionaire hedge fund manager Paul Tudor Jones invests $398.8M in Warner Bros. Discovery, Wells Fargo, and Capital One while fully exiting positions in Goldman Sachs and BlackRock #Update #Crypto $WBD
