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The Future of Money
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πŸ”₯ BIG: Western Union says it will launch its Solana-based stablecoin USDPT next month, as part of a crypto plan that includes its digital asset network and US dollar stable card.

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πŸ‡ΊπŸ‡Έ JUST IN: President Trump says Iran peace talks can happen by phone, refusing to send envoys to Pakistan after Tehran's foreign minister left Islamabad without progress.

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⚑️ NOW: CryptoQuant CEO Ki Young Ju warns Bitcoin's rally is futures-driven while on-chain spot demand remains negative.

Historically, bear markets only end when both spot and futures demand recover.

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πŸ‡¨πŸ‡³ NOW: China blocks Meta’s $2B bid for AI firm Manus.

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πŸ”₯ JUST IN: Strategy bought 3,273 $BTC for $255M.

They now hold 818,334 BTC.

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πŸ”₯ BIG: Bitmine added 101,627 $ETH last week, bringing its total holdings to 4.98M ETH, or about 4.12% of the total supply.

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⁠Bernstein sees IREN pivoting from Bitcoin mining to $3.7B AI cloud business

As Bitcoin miner IREN shifts toward AI cloud infrastructure, leveraging a Microsoft deal and GPU expansion, analysts expect mining revenue to decline over time.

https://ct.com/gz0i

@Cointelegraph

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πŸ”₯ LATEST: Fred Thiel said Bitcoin is like a public utility that no one owns but everyone depends on.

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🚨 TODAY: Arthur Hayes said AI tools could replace accountants and lawyers, adding β€œI can’t wait for Claude to take over.”

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πŸ”₯ BULLISH: Arthur Hayes said he is long Bitcoin, adding β€œwe’ve had a bit of chop… now it’s time to break out,” with a $125,000 year-end target.

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πŸ‡ΊπŸ‡Έ UPDATE: Cynthia Lummis said β€œwe are going to mark up the Clarity Act in May” and push it β€œto the finish line”.

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πŸ‡ΊπŸ‡Έ JUST IN: Mike Selig says, β€œAmerica is now the crypto capital of the world,” adding that the U.S. now has a pro-crypto administration.

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πŸ‡ΊπŸ‡Έ JUST IN: Mike Selig adds that the prior administration β€œweaponized” the SEC against the crypto industry.

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πŸ‡ΊπŸ‡Έ JUST IN: Paul Atkins says the U.S. is taking a new approach by embracing innovation and advancing the President’s push to bring digital asset activity onshore.

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🚨 INSIGHT: Patrick Witt warns that crypto innovation has been driven offshore by regulation and says the U.S. must lead in setting the rules for the future of financial infrastructure.

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πŸ‡ΊπŸ‡Έ BIG: The US stock market has added nearly $8 trillion in market cap over the past month.

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