Crypto Daily Recap – May 11, 2025
Your daily dose of market movers, political sparks, and Bitcoin narratives. Here's what happened today:
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1. EOS Rallies 10% as Market Momentum Builds
EOS posted a solid 10% gain today, riding the broader market wave and signaling renewed interest in older altcoins.
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2. Trump Faces New Corruption Scandals
Amid political turbulence, former U.S. President Donald Trump is under fire again — this time with new allegations of corruption. The crypto market remains watchful for its potential impact on pro-crypto policy narratives.
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3. Michael Saylor Makes Bitcoin “Deflationary”?
A new analysis claims that Saylor’s aggressive Bitcoin accumulation has created a quasi-deflationary environment. While it strengthens scarcity, some experts warn of increased volatility and concentration risks.
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4. More Institutions Join Bitcoin — Trump Advisor Invests $300M
A former advisor to Trump enters the crypto arena with a $300M Bitcoin buy-in, marking another institutional leap into BTC.
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5. BTC Reacts to U.S.–China Trade Talks
The opening of new trade negotiations between the U.S. and China sparked bullish sentiment, with Bitcoin climbing as traders bet on macro thawing and risk-on momentum.
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6. Coinbase Considered a “Saylor-Style” Bitcoin Strategy
According to Bloomberg, Coinbase once explored a treasury strategy mirroring MicroStrategy's — before shelving the plan due to risk concerns.
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7. Conor McGregor Promotes Irish Bitcoin Reserve in Presidential Run
The former UFC champion shocks the political world by endorsing Bitcoin as part of his bid for Ireland’s presidency, advocating for a national crypto reserve.
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From politicians to prizefighters — Bitcoin is everywhere.
Which headline surprised you most today?
Drop your thoughts below & stay tuned for tomorrow’s recap.
