#BigTechStablecoin

Everything you missed in a minute:

• Decline in Bitcoin holdings: Institutional Bitcoin ETF holdings dropped by 23% in the first quarter of 2025.

• Trump's call to lower interest rates: Trump urged the Federal Reserve to cut interest rates by 100 basis points.

• Metaplanet bond issuance: Metaplanet issued bonds worth $5.4 billion to buy more Bitcoin.

• Partnership between X and Polymarket: X partnered with Polymarket to become the official prediction platform.

• Stablecoin merger talks: Companies like Apple, X, Airbnb, and Google are in early talks to merge stablecoins.

• Gemini's IPO filing: Gemini has submitted a confidential application for an initial public offering.

• Exploit of the ALEX protocol: The ALEX protocol was hacked for $8.37 million.