Ripple Raises Offer to Acquire Circle to $20B!
Rippleโs initial $5B bid to acquire Circle, issuer of the USDC stablecoin, was rejected โ but CEO Brad Garlinghouse has now upped the offer to a staggering $20 billion.
๐ฐ If successful, this would be one of cryptoโs largest mergers, giving Ripple major leverage in the competitive stablecoin market (Circle is #2 globally after Tether).
๐ XRPโs market cap briefly dipped below $130B after the first offer was rejected.
๐
๐ Ripple is pushing beyond payments with its new RLUSD stablecoin and now eyes dominance in DeFi.
โ๏ธ Regulatory scrutiny is expected if the deal goes through. Talks are reportedly in advanced stages.
Rippleโs initial $5B bid to acquire Circle, issuer of the USDC stablecoin, was rejected โ but CEO Brad Garlinghouse has now upped the offer to a staggering $20 billion.
๐ฐ If successful, this would be one of cryptoโs largest mergers, giving Ripple major leverage in the competitive stablecoin market (Circle is #2 globally after Tether).
๐ XRPโs market cap briefly dipped below $130B after the first offer was rejected.
๐
๐ Ripple is pushing beyond payments with its new RLUSD stablecoin and now eyes dominance in DeFi.
โ๏ธ Regulatory scrutiny is expected if the deal goes through. Talks are reportedly in advanced stages.
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๐ Peter Brandt Predicts $125Kโ$150K Bitcoin Peak by Fall 2025
Veteran trader Peter Brandt expects Bitcoin to surge to $125,000โ$150,000 by AugustโSeptember 2025, followed by a potential correction of over 50%.
๐ According to his historical cycle analysis, major rallies are often met with sharp retracements โ so while the top may be sweet, the dip could be brutal.
Veteran trader Peter Brandt expects Bitcoin to surge to $125,000โ$150,000 by AugustโSeptember 2025, followed by a potential correction of over 50%.
๐ According to his historical cycle analysis, major rallies are often met with sharp retracements โ so while the top may be sweet, the dip could be brutal.
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Crypto soothsayer
๐ฐ Abu Dhabiโs MGX Fund Bets Big on Binance MGX, a newly emerged investment fund from Abu Dhabi, has invested $2 billion in Binanceโmarking the largest institutional investment in a crypto company and the biggest-ever deal paid in stablecoins. ๐ Backedโฆ
๐บ๐ธ Trump-Backed Stablecoin USD1 Goes Big on Binance
Eric Trump announced that USD1, the stablecoin issued by Donald Trumpโs firm World Liberty Financial, has become the official payment method for a $2B MGX investment on Binance. ๐ฐ
๐ฌ Trumpโs team claims USD1 will be โone of the most transparent and regulated stablecoins in the world.โ
This move positions USD1 as a serious contender in the stablecoin market, backed by high-profile names and major crypto exchanges. ๐ง
Eric Trump announced that USD1, the stablecoin issued by Donald Trumpโs firm World Liberty Financial, has become the official payment method for a $2B MGX investment on Binance. ๐ฐ
๐ฌ Trumpโs team claims USD1 will be โone of the most transparent and regulated stablecoins in the world.โ
This move positions USD1 as a serious contender in the stablecoin market, backed by high-profile names and major crypto exchanges. ๐ง
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๐ฐ Metaplanet's unrealized profit on its Bitcoin holdings has reached ยฅ6 billion (~$39M) โ 4x higher than the companyโs entire market cap before adopting the Bitcoin standard ๐ณ
Turns out betting on BTC wasn't just bold โ it was genius. ๐
Welcome to the MicroStrategy of Japan ๐ฏ๐ต๐ฅ
Turns out betting on BTC wasn't just bold โ it was genius. ๐
Welcome to the MicroStrategy of Japan ๐ฏ๐ต๐ฅ
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๐ Solana Fixes Critical Token Minting Bug โ But Centralization Concerns Linger
On April 16, Solana devs discovered a zero-day vulnerability allowing attackers to mint unlimited Token-22 confidential tokens and potentially withdraw from user accounts. Though no exploit occurred, a swift fix was deployed, with validators patching it within two days. ๐จโ๐ป
๐ The issue stemmed from a flaw in zero-knowledge proof verification. Despite a successful patch, the closed coordination between Solana Foundation and validators sparked criticism over network centralization.
๐ In response, Solana plans to launch a second client, Firedancer, aiming to improve decentralization and resilience.
All funds remain safe. ๐ธ
On April 16, Solana devs discovered a zero-day vulnerability allowing attackers to mint unlimited Token-22 confidential tokens and potentially withdraw from user accounts. Though no exploit occurred, a swift fix was deployed, with validators patching it within two days. ๐จโ๐ป
๐ The issue stemmed from a flaw in zero-knowledge proof verification. Despite a successful patch, the closed coordination between Solana Foundation and validators sparked criticism over network centralization.
๐ In response, Solana plans to launch a second client, Firedancer, aiming to improve decentralization and resilience.
All funds remain safe. ๐ธ
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๐ง๐น Bhutan Quietly Selling Off Bitcoin Reserves
Bhutan, known for officially mining Bitcoin and using it to fund 50% salary increases for public servants, has reportedly sold 46% of its BTC holdings over the past year. ๐
While the country embraced crypto as part of its sovereign investment strategy, the recent sell-off raises questions about long-term plans and the sustainability of its BTC-backed policies. ๐ฐโ๏ธ
Bhutan, known for officially mining Bitcoin and using it to fund 50% salary increases for public servants, has reportedly sold 46% of its BTC holdings over the past year. ๐
While the country embraced crypto as part of its sovereign investment strategy, the recent sell-off raises questions about long-term plans and the sustainability of its BTC-backed policies. ๐ฐโ๏ธ
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โ๏ธ Vitalik Buterin Proposes Simpler Ethereum Layer 1
Vitalik Buterin has shared a 5-year plan to simplify Ethereumโs Layer 1 by drawing inspiration from Bitcoinโs minimalism. His key goal: make Ethereumโs core leaner and more resilient, with a cap on total lines of code. ๐ง ๐ก
The plan involves 10x data capacity for Layer 2s, shifting complexity off-chain while keeping the base layer efficient and secure.
This vision aims to make Ethereumโs foundation easier to maintain, audit, and scale long-term.
๐ Read more
Vitalik Buterin has shared a 5-year plan to simplify Ethereumโs Layer 1 by drawing inspiration from Bitcoinโs minimalism. His key goal: make Ethereumโs core leaner and more resilient, with a cap on total lines of code. ๐ง ๐ก
The plan involves 10x data capacity for Layer 2s, shifting complexity off-chain while keeping the base layer efficient and secure.
This vision aims to make Ethereumโs foundation easier to maintain, audit, and scale long-term.
๐ Read more
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๐ Markets Await Fed Rate Decision This Week
The Federal Reserve is set to announce its interest rate decision this week. According to market data, 97% of investors expect the rate to remain unchanged. ๐ฆ๐
With inflation still a concern but economic signals mixed, the Fed is likely to hold steady โ at least for now. Markets will be watching closely for any hints on future moves. ๐
The Federal Reserve is set to announce its interest rate decision this week. According to market data, 97% of investors expect the rate to remain unchanged. ๐ฆ๐
With inflation still a concern but economic signals mixed, the Fed is likely to hold steady โ at least for now. Markets will be watching closely for any hints on future moves. ๐
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๐ค Tether Announces Tether.ai โ A New Decentralized AI Platform
Tether is preparing to launch Tether.ai, a fully open and decentralized AI execution environment. Unlike traditional platforms, it does not rely on API keys or centralized control points. ๐ง
Instead, Tether.ai operates on a peer-to-peer network, enabling AI agents to function autonomously and securely, without the risk of being shut down by a central server.
The platform is also integrated with USDT and BTC, allowing AI agents to handle payments directly through the network โ potentially unlocking new use cases in decentralized finance and autonomous systems. ๐๐ต
Tether is preparing to launch Tether.ai, a fully open and decentralized AI execution environment. Unlike traditional platforms, it does not rely on API keys or centralized control points. ๐ง
Instead, Tether.ai operates on a peer-to-peer network, enabling AI agents to function autonomously and securely, without the risk of being shut down by a central server.
The platform is also integrated with USDT and BTC, allowing AI agents to handle payments directly through the network โ potentially unlocking new use cases in decentralized finance and autonomous systems. ๐๐ต
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๐ณ Visa Gives AI Agents Your Card โ The Future of Autonomous Shopping?
Visa is teaming up with top AI developers like OpenAI, Microsoft, Anthropic, and Perplexity to let AI agents shop on your behalf โ using your credit card. Set a budget, define preferences, and your AI could soon buy your groceries, book flights, or grab that perfect sweater without you lifting a finger.
This bold step aims to fix a key AI limitation: payments. Visaโs move could make AI agents fully autonomous โ no more "you go buy it" moments. ๐
Key points:
โช๏ธNo API keys or centralized controls
โช๏ธAI agents get P2P payment access via Visa, BTC & USDT
โช๏ธPrivacy-focused, user-controlled spending limits
โช๏ธPilot phase now live, wider rollout expected in 2026
AI might not just recommend your next purchase โ it could make it. ๐ค
Visa is teaming up with top AI developers like OpenAI, Microsoft, Anthropic, and Perplexity to let AI agents shop on your behalf โ using your credit card. Set a budget, define preferences, and your AI could soon buy your groceries, book flights, or grab that perfect sweater without you lifting a finger.
This bold step aims to fix a key AI limitation: payments. Visaโs move could make AI agents fully autonomous โ no more "you go buy it" moments. ๐
Key points:
โช๏ธNo API keys or centralized controls
โช๏ธAI agents get P2P payment access via Visa, BTC & USDT
โช๏ธPrivacy-focused, user-controlled spending limits
โช๏ธPilot phase now live, wider rollout expected in 2026
AI might not just recommend your next purchase โ it could make it. ๐ค
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๐ Strategy (ex-MicroStrategy) just bought more Bitcoin โ again!
From April 28 to May 4, the company snapped up 1,895 BTC for $180.3M at an average price of $95,167. ๐ฐ That brings its total stash to 555,450 BTC โ about 2.6% of all Bitcoin ever to exist.
Since 2020, Strategy has spent $38.08B acquiring BTC at an average of $68,550 per coin. The latest buy was funded via proceeds from its 2024 ATM (At-the-Market) stock offering.
And of course, Michael Saylor teased it first. On Sunday, he posted a chart from saylortracker.com with the caption: โToo much blue, not enough orange.โ
๐ Orange coin go up. Strategy stacks more.
From April 28 to May 4, the company snapped up 1,895 BTC for $180.3M at an average price of $95,167. ๐ฐ That brings its total stash to 555,450 BTC โ about 2.6% of all Bitcoin ever to exist.
Since 2020, Strategy has spent $38.08B acquiring BTC at an average of $68,550 per coin. The latest buy was funded via proceeds from its 2024 ATM (At-the-Market) stock offering.
And of course, Michael Saylor teased it first. On Sunday, he posted a chart from saylortracker.com with the caption: โToo much blue, not enough orange.โ
๐ Orange coin go up. Strategy stacks more.
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๐ฝ Trump Hosts Private Dinner for TRUMP Memecoin Holders
Donald Trump has officially confirmed a private dinner for holders of the TRUMP token, launched by his team in January. The event is set for May 22 at the Trump National Club in Washington, D.C.
๐ถ 220 top holders will be invited, with the Top 25 getting VIP access and a tour โ all based on wallet rankings via on-chain verification.
๐ธ The announcement stirred controversy: Senators Warren and Schiff have called for a government ethics probe, calling the initiative a potential โpay-to-playโ scheme.
Politics meets crypto โ and dinner is served.
Donald Trump has officially confirmed a private dinner for holders of the TRUMP token, launched by his team in January. The event is set for May 22 at the Trump National Club in Washington, D.C.
๐ถ 220 top holders will be invited, with the Top 25 getting VIP access and a tour โ all based on wallet rankings via on-chain verification.
๐ธ The announcement stirred controversy: Senators Warren and Schiff have called for a government ethics probe, calling the initiative a potential โpay-to-playโ scheme.
Politics meets crypto โ and dinner is served.
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๐ River Shows the Power of Just 3% Bitcoin in Your Portfolio
Bitcoin firm River visualized how adding just 3% BTC to a traditional cash-heavy portfolio changes returns โ even after inflation:
๐ด 100% Cash (since 2020): -19%
๐ต Vanguard Money Market Fund: -6.7%
๐ข 97% Cash / 3% Bitcoin: +20%
๐ก Moral: even a small BTC allocation can flip your portfolio from red to green.
Bitcoin firm River visualized how adding just 3% BTC to a traditional cash-heavy portfolio changes returns โ even after inflation:
๐ด 100% Cash (since 2020): -19%
๐ต Vanguard Money Market Fund: -6.7%
๐ข 97% Cash / 3% Bitcoin: +20%
๐ก Moral: even a small BTC allocation can flip your portfolio from red to green.
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Crypto soothsayer
โ๏ธ Vitalik Buterin Proposes Simpler Ethereum Layer 1 Vitalik Buterin has shared a 5-year plan to simplify Ethereumโs Layer 1 by drawing inspiration from Bitcoinโs minimalism. His key goal: make Ethereumโs core leaner and more resilient, with a cap on totalโฆ
๐งต Ethereum is a โstillborn project,โ says Max Keiser
Bitcoin maxi Max Keiser is at it again โ this time calling Ethereum useless and inefficient. ๐
His rant comes in response to Vitalik Buterinโs recent vision to simplify Ethereumโs core and make it more like Bitcoin. But for Keiser, no amount of tweaking can fix what he sees as a fundamentally flawed project.
๐ฅ โEthereum was dead on arrival,โ he claims.
๐ Bitcoin maxis arenโt buying any ETH reforms โ their faith lies in BTC alone.
Bitcoin maxi Max Keiser is at it again โ this time calling Ethereum useless and inefficient. ๐
His rant comes in response to Vitalik Buterinโs recent vision to simplify Ethereumโs core and make it more like Bitcoin. But for Keiser, no amount of tweaking can fix what he sees as a fundamentally flawed project.
๐ฅ โEthereum was dead on arrival,โ he claims.
๐ Bitcoin maxis arenโt buying any ETH reforms โ their faith lies in BTC alone.
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๐บ๐ธ Bitwise: Crypto Needs Congress โ or Faces a Rough Summer
Bitwise CIO Matt Hougan warns that if Congress fails to pass key crypto bills, the industry may face a turbulent summer โ despite White House support under Trump. ๐ค
๐ช A stablecoin bill (GENIUS Act) had bipartisan momentum but suddenly lost key Democratic backing, possibly due to political tensions around Trump.
๐ Without legal safeguards, recent crypto progress risks being reversed by future administrations.
๐ฌ Hougan: โCrypto needs Congress to enshrine progress in law โ or risk stalling the bull market.โ
๐ Still, heโs bullish long-term โ if Washington acts, he sees BTC over $200K in 2025.
Bitwise CIO Matt Hougan warns that if Congress fails to pass key crypto bills, the industry may face a turbulent summer โ despite White House support under Trump. ๐ค
๐ช A stablecoin bill (GENIUS Act) had bipartisan momentum but suddenly lost key Democratic backing, possibly due to political tensions around Trump.
๐ Without legal safeguards, recent crypto progress risks being reversed by future administrations.
๐ฌ Hougan: โCrypto needs Congress to enshrine progress in law โ or risk stalling the bull market.โ
๐ Still, heโs bullish long-term โ if Washington acts, he sees BTC over $200K in 2025.
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๐ฌ๐ง UK Says โNo Thanksโ to National Crypto Reserve
Economic Secretary Emma Reynolds ruled out the idea of the UK stockpiling Bitcoin like the U.S., saying itโs "not appropriate for our market."
๐ฌ While the UK isnโt planning a national digital asset reserve, it's strengthening ties with the U.S. through a new senior-level crypto regulatory working group.
๐ Instead of following the EUโs MiCA framework, the UK is exploring its own outcome-focused crypto rules and may issue sovereign debt via blockchain by late summer.
๐ Collaboration, not imitation โ that's the UK's current crypto stance.
Economic Secretary Emma Reynolds ruled out the idea of the UK stockpiling Bitcoin like the U.S., saying itโs "not appropriate for our market."
๐ฌ While the UK isnโt planning a national digital asset reserve, it's strengthening ties with the U.S. through a new senior-level crypto regulatory working group.
๐ Instead of following the EUโs MiCA framework, the UK is exploring its own outcome-focused crypto rules and may issue sovereign debt via blockchain by late summer.
๐ Collaboration, not imitation โ that's the UK's current crypto stance.
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๐บ๐ธ Stablecoins May Become Top Buyers of U.S. Treasuries
As U.S. lawmakers rush to regulate stablecoins, analysts predict a major shift in the Treasury market: stablecoin issuers could outpace China and Japan as top buyers of U.S. government debt. With Treasuries seen as the safest backing for digital dollars, demand could surge by $1T+ as the stablecoin market grows toward $2T. ๐ฐ
๐ต Giants like Tether and Circle already hold $150B in Treasuries. With regulation, even banks like BofA and platforms like Visa are eyeing the space.
โ ๏ธ But risks remain: runs on stablecoins could force mass Treasury sell-offs, potentially destabilizing markets.
Is this a new golden age for the U.S. dollarโor a fragile financial experiment?
As U.S. lawmakers rush to regulate stablecoins, analysts predict a major shift in the Treasury market: stablecoin issuers could outpace China and Japan as top buyers of U.S. government debt. With Treasuries seen as the safest backing for digital dollars, demand could surge by $1T+ as the stablecoin market grows toward $2T. ๐ฐ
๐ต Giants like Tether and Circle already hold $150B in Treasuries. With regulation, even banks like BofA and platforms like Visa are eyeing the space.
โ ๏ธ But risks remain: runs on stablecoins could force mass Treasury sell-offs, potentially destabilizing markets.
Is this a new golden age for the U.S. dollarโor a fragile financial experiment?
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๐ 141 Days Since Bitcoin's ATH โ Whatโs Next?
Itโs been 141 days since Bitcoin hit its last all-time high. Historically, it takes around 211 days on average to reach a new ATH โ meaning we could be just 70 days away from the next one if the pattern holds. โณ
But some are more optimistic: CryptoQuant analyst Alex Adler believes Bitcoin might break its record even sooner. Stay sharp โ the next leg up could be closer than expected! ๐
Itโs been 141 days since Bitcoin hit its last all-time high. Historically, it takes around 211 days on average to reach a new ATH โ meaning we could be just 70 days away from the next one if the pattern holds. โณ
But some are more optimistic: CryptoQuant analyst Alex Adler believes Bitcoin might break its record even sooner. Stay sharp โ the next leg up could be closer than expected! ๐
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๐บ๐ธ New Hampshire Approves First U.S. State Crypto Reserve! ๐
New Hampshire has become the first U.S. state to approve a strategic crypto reserve. The new law allows the state treasury to allocate up to 5% of its reserves into digital assets with a market cap over $500B โ currently, that means Bitcoin only. ๐ฐ
The law takes effect in 60 days, marking a historic move toward institutional crypto adoption at the state level.
New Hampshire has become the first U.S. state to approve a strategic crypto reserve. The new law allows the state treasury to allocate up to 5% of its reserves into digital assets with a market cap over $500B โ currently, that means Bitcoin only. ๐ฐ
The law takes effect in 60 days, marking a historic move toward institutional crypto adoption at the state level.
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๐ CZ Predicts Bitcoin Could Hit $500Kโ$1M This Cycle
Binance founder CZ has made a bold claim: in this bull cycle, Bitcoin might soar to $500,000โ$1,000,000. ๐คฏ
But letโs be real โ CZ isnโt exactly known for accurate predictions. His past forecasts often missed the mark, earning him a reputation on par with the likes of Hamaha or Arthur Hayes in terms of hit rate. ๐
Still, fingers crossed heโs right this time! ๐ค
Binance founder CZ has made a bold claim: in this bull cycle, Bitcoin might soar to $500,000โ$1,000,000. ๐คฏ
But letโs be real โ CZ isnโt exactly known for accurate predictions. His past forecasts often missed the mark, earning him a reputation on par with the likes of Hamaha or Arthur Hayes in terms of hit rate. ๐
Still, fingers crossed heโs right this time! ๐ค
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