📰 Crypto News Highlights – May 31, 2025 📰
1. Bitcoin Dips Below $104K
Bitcoin (BTC) has dropped below $104,000, trading at approximately $103,976, marking a 1.07% decrease over the past 24 hours. 
2. BlackRock’s Bitcoin ETF Sees $430.8M Outflow
BlackRock experienced a significant outflow of $430.8 million from its Bitcoin ETF, indicating bearish sentiment among institutional investors. 
3. SEC Drops Lawsuit Against Binance and CZ
The U.S. Securities and Exchange Commission has officially dismissed its lawsuit against Binance and founder Changpeng Zhao, signaling a shift in U.S. crypto regulatory policy. 
4. GENIUS Act Advances in U.S. Senate
The GENIUS Act, aiming to regulate stablecoins with requirements like 1:1 fiat reserves and regular audits, has passed the Senate and awaits reconciliation with the House. 
5. Recode AI Launches No-Code Blockchain Builder
Recode AI has launched its no-code platform for decentralized application (dApp) development, making blockchain technology more accessible to non-developers. 
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💬 What are your thoughts on these developments?
Let’s discuss below! 👇
