#BigTechStablecoin
• Decline in Bitcoin Holdings: Holdings of institutional Bitcoin exchange-traded funds fell by 23% in the first quarter of 2025.
• Trump's Call for Interest Rate Cuts: Trump urged the Federal Reserve to cut interest rates by 100 basis points.
• Metaplanet Bond Issuance: Metaplanet issued bonds worth $5.4 billion to purchase more Bitcoin.
• Partnership between X and Polymarket: X collaborated with Polymarket to become the official prediction platform.
• Stablecoin Merger Talks: Companies like Apple, X, Airbnb, and Google are in early talks to merge stablecoins.
• Gemini's IPO Filing: Gemini has filed for a confidential initial public offering.
• ALEX Protocol Exploit: The ALEX protocol was hacked for $8.37 million.