📌 Key Crypto News Highlights
U.S. States Clamp Down on Bitcoin ATMs
Illinois, Vermont, Rhode Island, Nebraska, Arizona, and Spokane have recently instituted deposit limits, licensing requirements, or outright bans on crypto ATMs to combat a surge in scams—especially those targeting older Americans
Nano Labs to Acquire $1 B in BNB
Hong Kong chipmaker Nano Labs plans to purchase $1 billion worth of Binance Coin (BNB) using interest‑free convertible notes—boosting both its stock (doubling to $22) and BNB’s price (+2.7%)
Institutional Crypto Reserves Rising
A recent Binance‑sponsored report showed a 10.3% surge in the crypto market cap during May 2025. Nearly 30 public companies (over $10 M cap) have added crypto reserves—signaling growing mainstream institutional adoption
Market Bottom & Rebound Signals
Binance technical indicators show only 8% of altcoins in negative momentum—historically typical before a rebound. The analysis suggests Ethereum and altcoins may lead the recovery
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