Crypto Daily Recap – May 16, 2025

Today’s headlines bring updates on FTX, BTC price action, and DeFi’s surprising link to student loans. Let’s dive in:

1. Blackjack for Crypto? Big

"Bet" introduces crypto blackjack, aiming to offer a smarter, faster, and decentralized way to play and wager online.

2. FTX Recovery Fund to Distribute $5B on May 30

The FTX estate will make its second distribution of over $5 billion to creditors, marking a major milestone in its ongoing recovery process.

3. Why Bitcoin Is Stuck Below $105K

Despite strong fundamentals, BTC price remains range-bound due to liquidity constraints and macroeconomic uncertainty.

4. Student Loans Could Fuel DeFi Growth, Says Yat Siu

The Animoca chairman suggests that on-chain student lending could be a powerful use case for DeFi, especially in emerging economies.

5. XRP Price in Danger Again?

XRP faces renewed bearish pressure, with technical indicators pointing to a potential downturn unless it holds key support levels.

6. Don’t Panic: Bitcoin’s Bullish Trend Still Intact

Despite short-term volatility, analysts maintain that Bitcoin’s long-term upward trajectory remains solid.

7. Crypto Trading Gains Transparency After Global Event

The international trading competition hosted by WhiteBIT brings fresh transparency and attention to crypto markets.

8. Ark Invest Trims Bitcoin Exposure in Favor of eToro

Ark reallocates part of its fund from BTC to eToro stock, sparking debate over institutional sentiment toward crypto holdings.

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