๐บ๐ธ๐ #macro US (May):
- S&P Services/Composite PMI: 53.7 (pre: 50.8)/53 (pre: 50.6);
- ISM Services PMI: 49.9 (pre: 51.6).
- S&P Services/Composite PMI: 53.7 (pre: 50.8)/53 (pre: 50.6);
- ISM Services PMI: 49.9 (pre: 51.6).
๐ฎ๐ #ETH CEO Consensys: Ethereum will become the basis of a new financial system.
Ethereum co-founder and CEO of Consensys Joe Lubin said that he is negotiating with large sovereign funds and banks of one large country.
Ethereum co-founder and CEO of Consensys Joe Lubin said that he is negotiating with large sovereign funds and banks of one large country.
๐ฐ The Web3 Shards Protocol identity protocol has completed $2 million in funding with participation from Animoca Brands, Kyber Ventures and Yield Guild Games
๐ฆ๐ #ETF JPMorgan plans to start lending to clients secured by cryptocurrency ETFs - bloomberg
๐ณ๐ #BTC CQ: A fresh cohort of Bitcoin whalesโwallet clusters holding โฅ 1,000 BTC with an average coin age under six monthsโhas been stacking at a record pace.
๐บ๐ธ๐ #macro Beige Book:
- Economic activity declined;
- most counties described employment as stable;
- duties put increased pressure on spending and prices.
- Economic activity declined;
- most counties described employment as stable;
- duties put increased pressure on spending and prices.
๐ Major Asset Class Performance In May 2025
May was a bullish month for #BTC, the S&P 500, and Gold, driven by reduced fears of a trade war and a renewed sense of economic stability.
For the S&P 500, the rally marked a return to previous highs. Meanwhile, BTC and Gold both reached new all-time highs. Bitcoin continues to outperform the S&P 500 in 2025, signaling increasingly favorable conditions for crypto amid shifting regulatory landscapes and growing institutional interest.
May was a bullish month for #BTC, the S&P 500, and Gold, driven by reduced fears of a trade war and a renewed sense of economic stability.
For the S&P 500, the rally marked a return to previous highs. Meanwhile, BTC and Gold both reached new all-time highs. Bitcoin continues to outperform the S&P 500 in 2025, signaling increasingly favorable conditions for crypto amid shifting regulatory landscapes and growing institutional interest.
๐ฝ Elon Musk supported Coinbase CEO post saying that #BTC could be the next global reserve currency.
๐ต๏ธโโ๏ธ #ETH Arkham: Whale, associated with Consensys, just purchased $320M worth of ETH from Galaxy Digital before moving it to a new address where he placed $120M worth of ETH in Liquid Collective.