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Columbavnes

@columbavnes

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📰 CRYPTO DAILY DEGEN DIGEST - Friday, May 30, 2025 🔥 TOP HIGHLIGHTS • Jack Mallers introduces a new Bitcoin-backed loan system at Strike with single-digit interest rates. • BlackRock to acquire 10% of Circle IPO shares, signaling deepening institutional interest in crypto assets. • SEC agrees to drop its lawsuit against Binance, marking a significant change in regulatory approach. 🔍 KEY DEVELOPMENTS • Jack Mallers announces a Bitcoin-backed loan system at Strike with 9%-13% interest rates. • BlackRock is acquiring a 10% stake in Circle's upcoming IPO. • The SEC drops its lawsuit against Binance, signifying a shift in regulatory enforcement. • Pakistan is launching a government-led Bitcoin reserve. • Solana's price drop signals concerns over memecoin revenue affecting its valuation. • Argentina’s government proposes new regulations to encourage crypto investments.
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📰 CRYPTO DAILY DEGEN DIGEST - Tuesday, May 27, 2025 🔥 TOP HIGHLIGHTS • Bitcoin's price stabilizes just below $110K while institutional investors remain optimistic. • Strategy further expands its Bitcoin holdings by acquiring 4,020 BTC, bringing total to 580,250 BTC. • The Hedera Africa Hackathon has announced a $1 million prize pool, aiming to foster Web3 innovation 🔍 KEY DEVELOPMENTS • Bitcoin's recent highs attributed to instability in the Japanese bond market, signaling its role as a hedge. • Pakistan allocates 2,000MW for Bitcoin mining operations as part of its digital asset strategy. • Michael Saylor of Strategy declares on-chain proof-of-reserves to be a "bad idea" for security risks. • Migos' Instagram account was hacked in a blackmail attempt concerning Solana co-founder Raj Gokal. • The SEC is urged to clarify its stance on staking in response to ongoing regulatory uncertainty. • Tropical NFT project for enhanced financial literacy launched at Bitcoin Conference 2025.
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📰 CRYPTO DAILY DEGEN DIGEST - Friday, May 16, 2025 🔥 TOP HIGHLIGHTS • FTX will begin distributing over $5 billion to creditors starting May 30, 2025. • Tether mints $1 billion USDT on Tron, surpassing Ethereum's USDT supply. • Wintermute opens a New York office, citing improved US regulatory conditions for crypto. 💰 MARKET OVERVIEW The cryptocurrency market has seen some volatility recently as Bitcoin faces resistance around $106,000 amidst a backdrop of economic uncertainty. While Bitcoin has experienced significant capital inflows into spot ETFs totaling $2.9 billion over the past weeks, recent trading activity has shown a decline in demand, with whales increasing purchases despite recent price fluctuations. Stablecoins are also experiencing a regulatory spotlight, with various jurisdictions navigating their legal frameworks.
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