Senate votes to move forward on landmark stablecoin legislation GENIUS — link | tl;dr
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Genesis LOC files new lawsuits against DCG, Barry Silbert to recoup billions for creditors — link | tl;dr
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The Block
Genesis files new lawsuits against DCG, Barry Silbert to recoup billions for creditors
Genesis Global filed two new lawsuits against DCG and its executives for 'recklessly operating' subsidiary Genesis towards bankruptcy.
Kraken expands derivatives trading to EU with Cypriot license acquisition — link | tl;dr
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After yesterday's inflows, Bitcoin under management by global ETPs has reached new all-time highs — link
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Ramaswamy's Strive eyes 75,000 BTC in Mt. Gox claims amid Bitcoin treasury push — link | tl;dr
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Hong Kong passes stablecoin bill to establish licensing regime amid global competition — link | tl;dr
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Coinbase reveals 69,461 users affected in December 2024 data heist: filing — link | tl;dr
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White House crypto czar David Sacks says stablecoin bill will unlock 'trillions' for U.S. Treasury — link
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Global options open interest has climbed to $56.5 billion (notional), the highest since Dec 2024. BTC leads with 83.95% of total OI, reflecting strong institutional demand — link
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Banks including JPM, BofA, Citi, Wells Fargo exploring joint stablecoin venture: WSJ — link
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WSJ
Exclusive | Big Banks Explore Venturing Into Crypto World Together With Joint Stablecoin
Discussions involve companies co-owned by JPMorgan and others, as lenders brace for the possibility that stablecoins could siphon away deposits and transactions.
Digital asset inflows hit $3.3bn last week, pushing YTD inflows to a record $10.8bn and total AuM to an all-time high of $187.5bn — link
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Strategy has acquired 4,020 BTC for ~$427.1 million at ~$106,237 per Bitcoin — link
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X (formerly Twitter)
Michael Saylor (@saylor) on X
Strategy has acquired 4,020 BTC for ~$427.1 million at ~$106,237 per bitcoin and has achieved BTC Yield of 16.8% YTD 2025. As of 5/25/2025, we hodl 580,250 $BTC acquired for ~$40.61 billion at ~$69,979 per bitcoin. $MSTR $STRK $STRF https://t.co/eAd03GIKam
The Blockchain Group completes $72 million bond issuance to fuel Bitcoin buying strategy — link | tl;dr
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