#MostRecentTrade

📊Market Update

🔸Twenty One Capital, supported by Tether, has purchased 4,812 BTC for $458.7 million, raising its holdings to over $4 billion and is now the third largest among public companies.

🔸The SEC is seeking public input on the physical redemption for BlackRock's Bitcoin ETF and has delayed decisions on Grayscale's Solana and Litecoin funds.

🔸London-based Abraxas Capital has bought 211,000 ETH worth $478 million in 6 days, signaling renewed interest from institutions following the Pectra upgrade.

🔸GD Culture Group plans to sell up to $300 million in stock to purchase Bitcoin and TRUMP memecoins for its cryptocurrency treasury strategy.

🌟Highlights

🔸Dubai partners with Cryptocom to accept cryptocurrency payments for government services, supporting the goal of 90% cashless transactions by 2026.

🔸Robinhood enters Canada by acquiring WonderFi for $179 million, gaining control of Bitbuy and Coinsquare to expand its cryptocurrency reach.

🔸Arizona Governor Hobbs vetoed two cryptocurrency bills due to risk concerns while approving tighter rules for cryptocurrency kiosk operators.

🔸VanEck and Securitize have launched VBILL, a U.S. Treasury fund tokenized on four blockchains with a minimum purchase of $100,000–$1 million.

🔸Filings submitted to the SEC mentioned 'cryptocurrency' 786 times in April, a record high. Mentions of 'Stablecoin' also doubled, reflecting the increasing focus of the regulator.