☕️ GM! Here are the top events in #Crypto from the past 24 hours

📊Market Updates

🔸Basel Medical Group plans to acquire $1B in Bitcoin via a share-swap deal, aiming to boost its balance sheet and fuel expansion in Asia.

🔸Abu Dhabi's Mubadala raised its BlackRock Bitcoin ETF stake to 8.7M shares in Q1, now worth $512M, despite a dip in Q1 market value.

🔸Ethereum stablecoin volume hit a record $908B in April, driven by USDC growth, institutional adoption, and Trump's USD1 minting $2B.

🔸Brazil’s Méliuz bought 274.5 BTC for $28.4M, becoming the country’s first listed bitcoin treasury firm as corporate crypto adoption grows.

🔸A US judge rejected the SEC and Ripple’s joint request for an indicative ruling, delaying resolution and requiring a new filing under proper procedure.

🌟Highlights

🔸Fidelity predicts Bitcoin will hit a new all-time high before Q2 ends, citing strong momentum and global adoption in its latest market analysis.

🔸The Digital Chamber CEO says the stalled GENIUS Act is a minor setback and expects the US Senate to pass the stablecoin bill within weeks.

🔸Binance and Kraken blocked phishing attacks similar to the Coinbase breach, with no data loss thanks to internal safeguards.

🔸Bitstamp added new USDC and EURC pairs with Circle, expanding stablecoin access as MiCA regulations roll out in the European Union.

🔸Eric Council Jr was sentenced to 14 months for hacking the SEC’s X account and posting a fake Bitcoin ETF approval ahead of the real decision.