Lina

@liname

488 Following

74 Followers

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Bitcoin reached a new all-time high of $109,424, with 99% of all holders now in profit.

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Societe Generale, one of Europe’s largest banks, will launch a USD-pegged stablecoin on Ethereum—marking the first dollar stablecoin issued by a traditional bank. The token will later expand to other blockchains, including Solana. The bank manages over $166bn in assets.

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Strategy (former MicroStrategy) has acquired 7,390 BTC for ~$764.9m at an average price of ~$103,498 per BTC, reaching a 16.3% BTC yield year-to-date in 2025. As of May 19, the company holds 576,230 BTC, bought for a total of ~$40.18bn at an average cost of ~$69,726 per coin.

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Blum co-founder and former Binance CIS executive Vladimir Smerkis has been arrested in Moscow on charges of large-scale fraud. ⚫The arrest reportedly relates to earlier ventures where investors lost at least $15m ⚫Smerkis previously ran The Token Fund and Tokenbox, both of which collapsed after raising $8m and $7m respectively ⚫On May 15, Blum announced his resignation and confirmed he no longer holds any role in the project ⚫The project team stated operations continue as normal and distanced itself from Smerkis’s legal issues

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The government of Tinian in the Northern Mariana Islands will become the first U.S. public entity to issue a USD-backed stablecoin. The token will launch on the eCash network, selected for its low fees, scalability, and gasless design.

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Abu Dhabi’s Sovereign Wealth Fund has revealed a $408m investment in BlackRock’s spot Bitcoin ETF in a recent SEC filing, marking one of the largest institutional bets on BTC to date.

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Ethereum stablecoin volume reached a new all-time high of $908bn in April, fueled by rising demand from institutions, tech giants, and Trump’s crypto pivot.

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FTX will begin its second round of creditor distributions on May 30, 2025, under its Chapter 11 Plan. Eligible claimants will receive funds via Bitgo or Kraken within 1–3 business days.

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Thailand plans to issue a $150m digital investment token called G-Token within two months, aiming to raise funds under its current budget borrowing plan. The token is designed to offer higher returns than traditional bank deposits.

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This might look like a 𝗠𝗲𝗺𝗲, but it’s actually 𝗚𝗲𝗻𝗶𝘂𝘀

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Robinhood will acquire WonderFi for C$250m (approximately $183m) in cash, gaining access to its regulated crypto platforms Bitbuy and Coinsquare with over C$2.1bn (around $1.54bn) in assets under custody. The deal, expected to close in H2 2025, includes a 41% premium for shareholders and will integrate WonderFi’s team into Robinhood Crypto’s Canadian operations.

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Join me for the FastJPEG launch — where creators launch coins and build communities.

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