#USStablecoinBill Here’s a concise roundup of the latest cryptocurrency news as of May 6, 2025:

Bitcoin (BTC) experienced a brief dip to $93.5K but remains on track toward the $100K mark, bolstered by strong institutional interest and ETF inflows. (Cointelegraph)

Ethereum (ETH) saw a 2.8% gain, rising from $3,100 to $3,187, while Bitcoin increased by 3.2%, moving from $62,500 to $64,500 between May 5 and May 6. (Blockchain News)

Shiba Inu (SHIB) declined by 7.4% over the past week, yet institutional interest remains strong, with 109 new millionaire wallets added in April. (CoinDesk)

MicroStrategy continues to expand its Bitcoin holdings, raising its 2025 targets for bitcoin yield to 25% and for bitcoin gains to $15 billion, despite missing quarterly financial expectations. (MarketWatch)

Regulatory Developments: The UK's Financial Conduct Authority (FCA) plans to ban retail investors from borrowing money to invest in cryptocurrencies, aiming to protect consumers and maintain market integrity. (Latest news & breaking headlines)

Security Concerns: French police rescued the father of a wealthy cryptocurrency entrepreneur who had been kidnapped in Paris, highlighting the risks associated with crypto wealth. (AP News)

Political Fundraising: Former President Donald Trump is raising substantial funds from the cryptocurrency sector through high-profile events, prompting ethical concerns. (The Daily Beast)

Financial Times

AP News

The Daily Beast