Here’s a quick roundup of the hottest crypto news as of May 13, 2025:
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🚀 Market Movers
Bitcoin ($BTC ) is trading above $102K after a recent surge past $100K, driven by institutional inflows and a short squeeze.
Ethereum ($ETH ) is hovering around $2,456, showing resilience amid market fluctuations.
Pi Network (PI) has surged 42% overnight, reaching $1.29, with a market cap of $8B, flipping Litecoin and Bitcoin Cash.
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🏦 Institutional Moves
Coinbase is set to join the S&P 500 index on May 19, marking a significant milestone for crypto's integration into mainstream finance.
USDT Supply has surpassed $150 billion, outpacing mainstream giants like Visa and PayPal, indicating growing adoption of stablecoins.
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🧾 Regulatory Developments
SEC Chair Paul Atkins announced plans to establish new rules for crypto tokens, aiming to provide clearer guidelines for the industry.
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🐸 Meme Coin Mania
TRUMP Coin has seen significant losses, with around 600,000 wallets losing nearly $4 billion, despite its current market value of $2.74 billion.
