📊 BlackRock Buys $531.2M in Bitcoin BlackRock has recorded | Blockchain_Bulletin on Binance Square

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📊 BlackRock Buys $531.2M in Bitcoin
BlackRock has recorded its 15th straight day of #BitcoinETFs inflows, with a $531.2M purchase on May 6, highlighting continued institutional demand.

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📊 ETF Flows – May 5, 2025 #BitcoinETFs saw robust inflows, with approximately 4,520 $BTC purchased, totaling $425.5 million. In contrast, #EthereumETF experienced zero net flows. Notably, Fidelity's Bitcoin ETF reported $57.8 million in net withdrawals.

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📊 Tether’s $1B Mint on Tron Narrows Gap with Ethereum Tether minted an additional $1B #USDT on #Tron on May 5, 2025, pushing Tron's total USDT supply to $72.7B, now just $4.2B behind #Ethereum's $76.9B. This minting marks a significant moment, as Tron continues its rise in the stablecoin market, potentially positioning itself to challenge Ethereum for the top spot in Tether circulation. With Tether’s total circulation hitting $149.4B, stablecoins remain a dominant force in the crypto ecosystem.

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📢 Tether Mints Another $1B USDT on Tron Tether minted 1B #USDT on Tron on May 5, pushing #Tron 's USDT supply above $72.7B. This marks an important moment for Tron’s role in stablecoin liquidity, helping it overtake Ethereum as the top USDT network.

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🗞️ Florida Bitcoin Reserve Bills Fail to Pass Florida’s proposed bills HB 487 and SB 550, which aimed to allow state investment in #bitcoin , have officially been withdrawn after the state legislature adjourned on May 2 without a vote. The bills would have let Florida allocate up to 10% of certain reserve funds into $BTC as a potential hedge against inflation. Their failure highlights ongoing caution around integrating crypto into state-level finance strategies. #StrategicBTCReserve

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BNB Chain has launched the Model Context Protocol (MCP), a new open standard enabling secure, two-way communication between AI models and external blockchain tools/data. 1/ Why does the Model Context Protocol ( #mcp ) matter? In Web3, AI agents often struggle with real-time, secure access to external data/tools. MCP standardises this link, enabling faster dev cycles, less friction, and better UX for AI-driven dApps. 2/ Key strengths of MCP: - Data privacy & encryption - Auditable on-chain interactions - Model protection - AML/KYC compliance ready It’s designed to meet real-world demands, especially for apps operating in regulated or data-sensitive environments. 3/ This isn’t standalone. #BNBChain is also pushing: – Global AI Hackathons – AI Agent SDKS – Fast Track & MVB programs Together, these tools offer a full-stack launchpad for AI x Web3 devs. Expect more ecosystem announcements soon.

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