📰 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.