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ICYMI: Asia & EMEA news recap from James Hunt at The Block πŸ‘‡

πŸ› Senate crypto bill updated
Lawmakers revised stablecoin and DeFi provisions while avoiding Trump conflict issues.
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πŸ‘‹ Ord.io shutting down
The Bitcoin Ordinals explorer and Zap app will close on June 1.
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πŸ’° Ark buys more Circle stock
Ark added $5.5M in shares after Circle surged on earnings.
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πŸ§‘β€βš–οΈ Crypto robbery indictments
Three people were charged in an alleged robbery spree tied to crypto.
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πŸ“ˆ Bernstein bullish on Circle
Analysts maintained a $190 target after strong Q1 results.
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πŸ“‰ Exodus revenue declines
Q1 revenue fell 37% year over year as losses widened.
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πŸ’Έ Spot XRP ETF inflows rise
U.S. XRP ETFs saw their strongest daily inflows since January.
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πŸ‘€ Bhutan moves more BTC
Another 100 BTC was transferred as outflows topped $230M this year.
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πŸ‡§πŸ‡Ή Bhutan launches crypto fast-track
Gelephu Mindfulness City introduced expedited licensing for crypto firms.
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πŸš€ Starknet unveils strkBTC
The new BTC asset enables confidential transfers on Starknet.
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⛏️ Keel posts major loss
The firm lost $145M while shifting from mining to AI infrastructure.
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🧐 Figure loan growth accelerates
Bernstein kept its bullish stance after volumes jumped 113%.
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😠 Labor groups oppose crypto bill
Organizations warned the legislation could expose retirement funds to volatility.
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πŸ€” TD Cowen backs Sharplink
Analysts cited a favorable setup following earnings and new fund activity.
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