🇺🇸 ERIC TRUMP: “It’s a joke why do banks run 9-5 Monday through Friday with an hour and a half lunch break… the old financial system is broken.”

#TOKEN2049

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📊 LATEST: 52.7% of all cryptocurrencies launched since 2021 have failed, according to CoinGecko.

2025 recorded the highest number of crypto project failures with 1.8 million.

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🇺🇸 ETF FLOWS: Around 597 BTC and 1,280 ETH were sold on Apr. 30.

BTC ETFs saw $56.3M in net outflows.

ETH ETFs saw $2.3M in net outflows.

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⚡️LONGITUDE Dubai kicks off in less than 30 min!

Live from Hilton Dubai Palm Jumeirah, we're bringing together some of the biggest names in crypto for an exclusive evening of real conversations and bold ideas.

Three dynamic panels covering everything from the crypto bull market to ETFs and DeFi, featuring Sandeep Nailwal, Eric Balchunas, Yat Siu, Alex Svanevik, Vardan Khachatryan, Illia Polosukhin, Arthur Breitman, Avery Ching, and Sergej Kunz.

Presented by Cointelegraph in partnership with @fastexexchange_news.

P.S. Over 800 guests are expected to attend today!

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⚡️LONGITUDE: Panel 1 just delivered incredible insights on the future of AI and Web3.

Key takeaways:
• Massive AI growth ahead
• Most “AI tokens” are crypto-first, not truly AI-driven
• Growing network effects across all blockchains
• The impact of ChatGPT and consumer AI platforms
• Current AI is too centralized
• More experimentation is needed to decentralize before AGI/ASI arrives

#TOKEN2049

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⚡️LONGITUDE: Panel 2 just wrapped with key insights on the future of L1s.

Key takeaways:
• The race for the top spot is still open
• Real use cases and utility matter
• Finding true product-market fit is crucial
• Improving user experience is a priority
• Potential for L1s to revolutionize payments
• True adoption is what counts
• L1 tokens make economic sense, unlike most other tokens

#TOKEN2049

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⚡️LONGITUDE: Sergej Kunz said “Every retail user should think about getting at least 1 Bitcoin… soon the U.S. and other countries will start buying.”

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⚡️ JUST IN: Tether has announced they brought in $1,000,000,000 of profit in Q1 of 2025 in their attestation report.

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⚡️ INSIGHT: Centralized cloud services face rising costs, latency, privacy issues, and scalability challenges.

Decentralized file-sharing offers faster, cheaper, and more secure data delivery.

GAIMIN Cloud uses idle gaming hardware to power a global decentralized network.

It fragments and encrypts files, delivering them through the fastest nodes — supporting AI, gaming, Web3, streaming, IoT, and healthcare while cutting internal costs by 70%.

Would you choose decentralized file-sharing over traditional cloud?

[Brought to you by GAIMIN]

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⚡️ SAYLOR: “By the time your financial adviser says it’s OK to buy Bitcoin, it’ll cost $1 million. When they say it’s a good idea, it’ll be $10 million.”

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⚡️ BULLISH: Charles Schwab CEO Rick Wurster says, “We’re working on a plan to launch spot crypto in the next 12 months.”

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🗞 Catch up on the news over the last 24 hours!

🚨 Canary Capital has officially filed an S-1 for a Staked SEI ETF.

🔥 Japan's Metaplanet launches a US subsidiary in Florida with $250M capital focused on Bitcoin treasury operations.

🇺🇸 Sam Altman's World project officially launches in the US, offering $WLD tokens to users establishing World IDs.

⚡️ Grayscale launches Bitcoin Adopters ETF tracking companies with $BTC treasury strategies across 7 sectors.

🚨 US Crypto Council's Proof of Stake Alliance (POSA) joins with 30 leading crypto organizations including Kraken, a16z and Paradigm to urge SEC for clear guidance on staking regulation.

🔥 BULLISH: Eric Trump on SWIFT and crypto, “Sending money internationally through SWIFT is slow, costly, and complex. Crypto makes banks redundant.”

🇺🇸 ERIC TRUMP: “I really believe we’re going to win the crypto revolution”.

🇺🇸 ERIC TRUMP: “It’s a joke why do banks run 9-5 Monday through Friday with an hour and a half lunch break… the old financial system is broken.”

📊 52.7% of all cryptocurrencies launched since 2021 have failed, according to CoinGecko.

🇺🇸 ETF FLOWS: Around 597 BTC and 1,280 ETH were sold on Apr. 30.

⚡️LONGITUDE: Panel 1 just delivered incredible insights on the future of AI and Web3.

⚡️LONGITUDE: Panel 2 just wrapped with key insights on the future of L1s.

⚡️LONGITUDE: Sergej Kunz said “Every retail user should think about getting at least 1 Bitcoin… soon the U.S. and other countries will start buying.”

⚡️ Tether has announced they brought in $1,000,000,000 of profit in Q1 of 2025 in their attestation report.

⚡️ SAYLOR: “By the time your financial adviser says it’s OK to buy Bitcoin, it’ll cost $1 million. When they say it’s a good idea, it’ll be $10 million.”

🔥 BULLISH: Charles Schwab CEO Rick Wurster says, “We’re working on a plan to launch spot crypto in the next 12 months.”

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🇰🇷 LATEST: South Korea's 4th Virtual Asset Committee sets new rules for crypto sales by nonprofits and exchanges, effective June 1.

Guidelines aim to prevent ‘listing beams,’ enforce circulation limits, and tighten AML controls.

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🔥 NEW: Bybit CEO Ben says users can soon trade stocks, indexes, gold, and oil directly on the platform by the end of the quarter.

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⚡️Binance partners with Kyrgyzstan to boost crypto and launch blockchain education.

The partnership aims to drive digital asset growth via Binance Pay and Academy.

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🇺🇸 LATEST: Senator Ruben Gallego and nine others now oppose the GENIUS Act, citing AML and security concerns.

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🔥 JUST IN: Michael Saylor says, "Too much blue, not enough orange."

How much $BTC is he loading up next week?

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🇲🇻 NEW: MBS Global to invest $9B in a blockchain financial hub in the Maldives—more than the nation’s annual GDP.

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🔎 INSIGHT: The long-awaited Ethereum's Pectra upgrade goes live next week, May 7, bringing upgrades to staking, blobs, and account abstraction.

Could this be ETH's breakout moment?

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🇺🇲 UPDATE: US Bitcoin legislation summary, according to bitcoinlawsdotio

• Total Bitcoin bills: 130
• Introduced Strategic Bitcoin Reserve: 46
• 'Live' SBR across 20 States: 39

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🇺🇸 TRUMP: “I want crypto, I think crypto is important because if we don’t do it, China’s going to.”

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