🙅♂️ Circle has denied plans to obtain a banking license in the U.S. The company aims to comply with future payment stablecoin regulations, which may require registering a trust institution or obtaining a non-bank license. Meanwhile, Coinbase has confirmed that it is considering applying for a banking license.
Previously: Circle and Coinbase
Previously: Circle and Coinbase
🇨🇭 The Swiss National Bank has refused to include Bitcoin in its reserves (CT)
The head of the Swiss National Bank stated that cryptocurrency does not meet the requirements for currency reserves due to instability, low liquidity, and security risks.
Earlier: petition collection
The head of the Swiss National Bank stated that cryptocurrency does not meet the requirements for currency reserves due to instability, low liquidity, and security risks.
Earlier: petition collection
😳 The #ALPACA token surged by 319% following news of its delisting from Binance and Bybit.
Rumors are circulating that the project's team has hired market makers to pump the token.
Rumors are circulating that the project's team has hired market makers to pump the token.
👀 Stripe is developing its first financial product focused on stablecoins - twitter
Stripe is similar to PayPal for professional use (e-commerce).
Previously:
- Stripe and Aptos
- Stripe and Avalanche
Stripe is similar to PayPal for professional use (e-commerce).
Previously:
- Stripe and Aptos
- Stripe and Avalanche
💎 TON is shutting down the old Toncoin Bridge - blog
⊹ As of May 10, 2025, transferring Toncoin from the TON network to Ethereum and BNB Smart Chain via the old bridge will be disabled.
⊹ Transfers to the TON network through this bridge will continue for now, with a complete shutdown date announced later.
⊹ The closure of the outdated bridge aims to enhance user security by retiring old infrastructure.
Earlier: new CEO in TON Foundation
⊹ As of May 10, 2025, transferring Toncoin from the TON network to Ethereum and BNB Smart Chain via the old bridge will be disabled.
⊹ Transfers to the TON network through this bridge will continue for now, with a complete shutdown date announced later.
⊹ The closure of the outdated bridge aims to enhance user security by retiring old infrastructure.
Earlier: new CEO in TON Foundation
💰 Santiment: Whales continue to actively accumulate Bitcoin – in just a week, 19,255 BTC ($1.8b) have been purchased.
This refers to wallets holding between 10 and 10,000 BTC.
This refers to wallets holding between 10 and 10,000 BTC.
🇺🇸🇨🇳 Donald Trump:
✔ We won't lift tariffs on China if they don’t give us anything.
✔ We will make deals, or we’ll set tariffs.
✔ People are beginning to see how beneficial tariffs are.
✔ Another tariff pause is unlikely.
Earlier:
- Trump's interview
- China denies talks
- Trump's flip-flop
✔ We won't lift tariffs on China if they don’t give us anything.
✔ We will make deals, or we’ll set tariffs.
✔ People are beginning to see how beneficial tariffs are.
✔ Another tariff pause is unlikely.
Earlier:
- Trump's interview
- China denies talks
- Trump's flip-flop
💸 The Federal Reserve's balance decreased by $183 million in just one week!
▪️ Waller, Fed Chair:
— March PCE inflation: core at 2.3%, overall at 2.7%.
— Rates may quickly lead to rising unemployment.
— There’s a risk of the Fed reacting too late if relying solely on data.
— A rate cut is possible with rising unemployment.
— Rates will have a temporary effect on prices, but slowing demand may mitigate inflation.
▪️ Daly, Fed Chair:
— The overall economy is healthy, but some sectors are slowing.
— I support a gradual and cautious rate cut.
— Current policy is restrictive and effective, with inflation expectations around 2%.
— The neutral rate may be higher than before, and the Fed should consider this.
— The balance can be reduced, but we are far from a "sufficient" reserve level.
▪️ Goolsbee, Fed Chair:
— Short-term inflation expectations have risen, but the key is to maintain long-term stability.
— The impact of tariffs on the macroeconomy may be modest, but it’s too early to draw conclusions.
▪️ Waller, Fed Chair:
— March PCE inflation: core at 2.3%, overall at 2.7%.
— Rates may quickly lead to rising unemployment.
— There’s a risk of the Fed reacting too late if relying solely on data.
— A rate cut is possible with rising unemployment.
— Rates will have a temporary effect on prices, but slowing demand may mitigate inflation.
▪️ Daly, Fed Chair:
— The overall economy is healthy, but some sectors are slowing.
— I support a gradual and cautious rate cut.
— Current policy is restrictive and effective, with inflation expectations around 2%.
— The neutral rate may be higher than before, and the Fed should consider this.
— The balance can be reduced, but we are far from a "sufficient" reserve level.
▪️ Goolsbee, Fed Chair:
— Short-term inflation expectations have risen, but the key is to maintain long-term stability.
— The impact of tariffs on the macroeconomy may be modest, but it’s too early to draw conclusions.
🧐 The new SEC chair, Paul Atkins, has accused Gary Gensler of stifling crypto innovation due to the lack of clear regulations (decrypt). Atkins stated that market participants need clear and transparent regulatory norms. He emphasized that supporting the crypto industry will be one of his priorities and promised to work closely with the crypto market, Donald Trump's administration, and Congress. New SEC chair: Paul Atkins.
🇺🇸 David Sacks: The introduction of banking services for cryptocurrency will accelerate its adoption.
It's encouraging to see the Fed reversing Biden-era rules established under Chokepoint 2.0.
David Sacks — the White House's Crypto Czar.
Today: The Fed and Crypto Banking
It's encouraging to see the Fed reversing Biden-era rules established under Chokepoint 2.0.
David Sacks — the White House's Crypto Czar.
Today: The Fed and Crypto Banking
📱Those with diamond hands accumulate wealth, while day traders often find themselves with regrets. 🤣👇
https://www.instagram.com/reel/DI_P8WAKV4E/?igsh=MTZ6ZXU2YnZjNzJteg==
https://www.instagram.com/reel/DI_P8WAKV4E/?igsh=MTZ6ZXU2YnZjNzJteg==
📢 Michael Saylor's 'Strategy' purchased 15,355 Bitcoin between April 21 and 27, averaging a price of $92,737, resulting in a total expenditure of $1.42 billion.
🔗 Source: Click here
🔗 Source: Click here