๐ฅท ECB Pushes Back on Looser Euro Stablecoin Rules, Citing Banking Risks
According to Reuters, the European Central Bank opposed proposals to ease rules for euro stablecoins, citing concerns that broader issuance could reduce bank lending and complicate interest-rate control.
Central bankers, including ECB President Christine Lagarde, expressed worries that stablecoins might drain bank deposits and weaken lenders' funding. Brussels-based think tank Bruegel warned that stricter EU rules could push activity offshore and deepen "digital dollarization." #stablecoin
According to Reuters, the European Central Bank opposed proposals to ease rules for euro stablecoins, citing concerns that broader issuance could reduce bank lending and complicate interest-rate control.
Central bankers, including ECB President Christine Lagarde, expressed worries that stablecoins might drain bank deposits and weaken lenders' funding. Brussels-based think tank Bruegel warned that stricter EU rules could push activity offshore and deepen "digital dollarization." #stablecoin
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๐ธ $400,000,000 worth of longs liquidated from the crypto market in the past 10 minutes.
๐ต๏ธ As the market drops, another Ethereum OG who made $34.2M (376x return) is buying the dip on $ETH.
Ten years ago, this OG received 12,001 $ETH from ShapeShift at just $7.58 each.
Over a year ago, he sold them for 34.3M $USDC at $2,856, making $34.2M in profit - a 376x return.
Today, after $ETH fell, he started buying again.
So far, he has bought 3,942 $ETH ($8.08M) at $2,049, and he may continue buying.
Ten years ago, this OG received 12,001 $ETH from ShapeShift at just $7.58 each.
Over a year ago, he sold them for 34.3M $USDC at $2,856, making $34.2M in profit - a 376x return.
Today, after $ETH fell, he started buying again.
So far, he has bought 3,942 $ETH ($8.08M) at $2,049, and he may continue buying.
๐ฅ2
๐บ๐ธ๐ Geopolitics:
- WSJ: Donald Trump convened a national security group meeting and did not make an official decision on launching a new military strike on Iran, stating that he is willing to give "more time" for diplomatic negotiations.
- US Secretary of State: Some progress has been made in negotiations with Iran, and news about Iran may be announced in the coming days.
- Saudi media Alhadath: Iran is proposing to open the Strait of Hormuz in exchange for compensation from the US. Iran demands discussions on sanctions and freezing of assets before signing any agreement. #tradewars
- WSJ: Donald Trump convened a national security group meeting and did not make an official decision on launching a new military strike on Iran, stating that he is willing to give "more time" for diplomatic negotiations.
- US Secretary of State: Some progress has been made in negotiations with Iran, and news about Iran may be announced in the coming days.
- Saudi media Alhadath: Iran is proposing to open the Strait of Hormuz in exchange for compensation from the US. Iran demands discussions on sanctions and freezing of assets before signing any agreement. #tradewars
๐ Representative of Pakistani Intelligence Services: Currently, there is a revision of the memorandum of understanding aimed at ending the war between the US and Iran.
๐ Top 5 News for 24 Hour:
1. Whale Evaded closes long positions, opens $74.5M short on 990 $BTC. โ
๐ 215 | โค๏ธ 0 | ๐ 6
2. $400M longs liquidated in 10 minutes. โ
๐ 317 | โค๏ธ 0 | ๐ 4
3. Arthur Hayes' wallet deposits millions into Bybit, still holding millions in $HYPE. โ
๐ 288 | โค๏ธ 0 | ๐ 4
4. Machi faces heavy losses in ETH liquidation. โ
๐ 271 | โค๏ธ 0 | ๐ 3
5. Green card applicants must apply from abroad. โ
๐ 260 | โค๏ธ 0 | ๐ 3
| |
1. Whale Evaded closes long positions, opens $74.5M short on 990 $BTC. โ
๐ 215 | โค๏ธ 0 | ๐ 6
2. $400M longs liquidated in 10 minutes. โ
๐ 317 | โค๏ธ 0 | ๐ 4
3. Arthur Hayes' wallet deposits millions into Bybit, still holding millions in $HYPE. โ
๐ 288 | โค๏ธ 0 | ๐ 4
4. Machi faces heavy losses in ETH liquidation. โ
๐ 271 | โค๏ธ 0 | ๐ 3
5. Green card applicants must apply from abroad. โ
๐ 260 | โค๏ธ 0 | ๐ 3
| |
๐บ๐ธ๐ค Peace Deal With Iran Largely Negotiated, With Hormuz Reopening Planned
According to Bloomberg, President Donald Trump stated that a peace deal with Iran has been largely negotiated and is pending finalization among the United States, Iran, and other relevant countries. Trump intends to announce the agreement soon, which would facilitate the reopening of the Strait of Hormuz. Iran has indicated that the talks are progressing, with current efforts aimed at ending fighting on all fronts, while other key disputes will be addressed later.
According to Bloomberg, President Donald Trump stated that a peace deal with Iran has been largely negotiated and is pending finalization among the United States, Iran, and other relevant countries. Trump intends to announce the agreement soon, which would facilitate the reopening of the Strait of Hormuz. Iran has indicated that the talks are progressing, with current efforts aimed at ending fighting on all fronts, while other key disputes will be addressed later.
๐1
๐ฐ Lawyer: Bitcoin Hardcore Fan Gives Up House to Ex-Wife and Profits $400K
On May 5, 2026, prominent divorce attorney James Sexton discussed a dramatic property division case on Natalie Brunell's show. A hardcore Bitcoin investor was divorcing during a market dip, and his ex-wife, lacking crypto knowledge, insisted on keeping the house. The husband conceded the home equity but ultimately retained all his Bitcoin, securing a nearly $400,000 advantage in the settlement.
On May 5, 2026, prominent divorce attorney James Sexton discussed a dramatic property division case on Natalie Brunell's show. A hardcore Bitcoin investor was divorcing during a market dip, and his ex-wife, lacking crypto knowledge, insisted on keeping the house. The husband conceded the home equity but ultimately retained all his Bitcoin, securing a nearly $400,000 advantage in the settlement.
๐ฅ2
๐ต๏ธ Arthur Hayes: Don't Expect Michael Saylor to Protect Your BTC Wallet
BitMEX founder Arthur Hayes stated in a May 13 interview that investors should recognize Michael Saylor's primary focus is on protecting his own company, not the Bitcoin held by ordinary investors.
Hayes praised Saylor's expertise in corporate finance, noting that MicroStrategy's success in launching related products and derivatives stems from its distinctive balance sheet and market relationships. He emphasized that Saylor's actions are aligned with serving the best interests of the company's shareholders.
BitMEX founder Arthur Hayes stated in a May 13 interview that investors should recognize Michael Saylor's primary focus is on protecting his own company, not the Bitcoin held by ordinary investors.
Hayes praised Saylor's expertise in corporate finance, noting that MicroStrategy's success in launching related products and derivatives stems from its distinctive balance sheet and market relationships. He emphasized that Saylor's actions are aligned with serving the best interests of the company's shareholders.