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Ek San
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🚨Bitcoin
#dominance
surges to 4-year high before FOMC.
Ek San
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🚨Remember: everything is good for #Bitcoin .
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All roads lead to the digital gold.$BTC
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🚨🇺🇸"To have the pope from the United States of America, that's a great honour" US President Donald Trump reacts to the new Pope Leo XIV
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🚨#META DIEM IP DEAL TIED TO SILVERGATE’S COLLAPSE: COINCIDENCE OR CONSEQUENCE? 🔹Meta was forced to end its Libra/Diem $SUI crypto project by regulators. 🔹The IP was sold to Silvergate Holdings in 2022 for ~$182M. 🔹Silvergate aimed to launch a stablecoin using Diem’s tech. 🔹Post-FTX fallout and crypto market stress led to Silvergate’s collapse in 2023. -Fortune, BusinessWire, Reuters
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🚨🇺🇸U.S. Considers #Cutting China Tariffs to 50%-54% as Trade Talks Loom 🔹Tariff Reduction: Trump administration may slash China tariffs from 145% to 50%-54% next week. 🔹Trade Talks: High-level discussions in Switzerland on May 9-12 with U.S. and Chinese officials. 🔹Retail Impact: Retailers preparing for tariff scenarios, especially in toy sectors. 🔹Market Reaction: Stocks climb in anticipation of a major trade deal. -NYP, WSJ. $BTC $ETH
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🚨#Celsius Founder Alex Mashinsky #Sentenced to 12 Years for Crypto #Fraud 🔹Sentenced: Alex Mashinsky, founder of Celsius Network, gets 12 years in prison for defrauding customers. 🔹Charges: Pleaded guilty to commodities fraud & manipulating the price of CEL token. 🔹Impact: Celsius’ bankruptcy in 2022 led to massive investor losses. 🔹Forfeiture: Ordered to forfeit over $48M in gains and nine properties. 🔹Sentence Debate: Initially faced 20 years, but defense sought a reduced sentence due to his nonviolent record. 🔹 Date: Mashinsky to remain free until September 2025 for a family event. - Bloomberg, Protos$BTC $ETH $BNB
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🚨#META REVIVES CRYPTO AMBITIONS WITH #STABLECOIN TALKS AMID INDUSTRY SHIFT 🔹Meta is exploring stablecoin integration, three years after shelving Diem/Libra. 🔹Discussions with firms like #Circle center on cross-border creator payouts. 🔹Regulatory climate has shifted post-Trump’s election and Stripe’s $1.1B acquisition of Bridge. 🔹Meta’s crypto move led by fintech exec Ginger Baker and involves Instagram payout features. 🔹Diem’s tech was sold to Silvergate, whose collapse echoes through this renewed push. -Fortune, May 8, 2025
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