Telegram founder confirms that its privacy policy has not changed since 2018 According to BlockBeats, Telegram founder Pavel Durov confirmed that the platform's privacy policy has remained unchanged since 2018. Durov stressed that only in legal cases involving criminals are IP addresses and phone numbers shared, ensuring that other users' information is not affected.
Six years ago, when#Bitcoinhit the $9,000 mark, Bill Gates made a notable statement expressing his skepticism towards the cryptocurrency. He noted that he believed Bitcoin was a technology used primarily by fools, and stated that if he had the ability, he would sell it short, indicating his lack of confidence in its long-term viability.$BTC
Global Fund Managers Show Increased Negative Sentiment Towards the Dollar
According to Odaily, a survey released by Bank of America on Tuesday reveals that global fund managers' negative sentiment towards the US dollar in May reached its highest level since 2006. This trend reflects a decline in investor interest in US assets, which is attributed to the volatile trade policies of President Donald Trump. Bank of America noted that investor sentiment was particularly low ahead of the Geneva conference, with a pessimistic outlook on US assets. Although the May survey indicated a slight improvement in market sentiment compared to April, it remained largely negative, suggesting a potential slight increase in 'pain trades.' The report highlights that fund managers have reduced their cash holdings from 4.8% to 4.5%, a move typically seen as a sign of increased confidence. However, their cutbacks in dollar holdings have reached the highest level since May 2006. Bank of America pointed out that 75% of the survey data was collected before the Geneva talks.
According to BlockBeats, data from 8marketcap shows that the market capitalization of Ethereum has surpassed 300 billion dollars. This achievement places Ethereum ahead of Coca-Cola in terms of global asset market capitalization, raising its rank to the fortieth globally.$ETH
Slight Decrease in Market Capitalization of Stablecoins, USDT Dominates
According to BlockBeats, data from DefiLlama indicates that the total market capitalization of stablecoins across the network currently stands at $242.951 billion. This represents a slight decrease of 0.02% over the past seven days. Among these, USDT holds a market share of 61.95%.<t-7/>#USDT。
SEC Chairman to Discuss Asset Tokenization at Upcoming Conference
According to BlockBeats, U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins is scheduled to deliver a keynote speech on asset tokenization on May 12. The event will be part of a roundtable discussion titled "Tokenization: Transferring Assets on the Chain: Where Traditional Finance Meets Decentralized Finance." The roundtable will explore the intersection of traditional finance and decentralized finance, focusing on the implications and opportunities arising from asset transfers on the chain. Key participants from the SEC include Chairman Paul S. Atkins, Richard P. Gabert, Director of the Cryptocurrency Working Group, and Commissioner Hester Peirce. The conference will feature industry representatives such as Cynthia Lo Pessit from Fidelity, Yoon Ah Choi from Nasdaq, and Will Gere from Invesco. The event aims to promote dialogue between regulators and leaders in the financial industry about the evolving landscape of asset tokenization.#SEC
According to the official announcement from Binance, the cryptocurrency exchange will implement changes to the collateral ratios for several assets under its margin system starting from 2025-05-16 at 06:00 (UTC). The update is expected to be completed in about one hour. Collateral Ratio Adjustments - CAKE: reduced from 80% to 75% - IOTA: reduced from 70% to 60% - AXS: reduced from 70% to 60% - MASK: reduced from 60% to 50% - CHZ: reduced from 65% to 50% - BAT: reduced from 65% to 50% - GTC: reduced from 50% to 40% - PORTAL: reduced from 50% to 35% - ZEC: reduced from 30% to 20% - MOVE: reduced from 20% to 10% - BSW: reduced from 20% to 10%
Kiyosaki Calls for a Shift from Fiat Currency to Bitcoin and Precious Metals
According to Cointelegraph, Robert Kiyosaki, the entrepreneur and author of the bestselling book 'Rich Dad Poor Dad,' reiterated his concerns about central bank monetary policies, calling for a shift away from what he refers to as 'fake money.' In a recent post on platform X, Kiyosaki criticized central banking systems, specifically targeting the Federal Reserve, citing former U.S. Congressman Ron Paul to strengthen his argument. Paul is known for his critical stance toward the Federal Reserve, equating central banks' interest rate setting with 'price fixing,' likening it to socialist and Marxist economic control. He argues that such practices undermine personal wealth and weaken economic freedom, a viewpoint that aligns with Kiyosaki's ongoing concerns. Kiyosaki urges Americans to 'fight' by moving away from paper systems and embracing decentralized value storage means such as Bitcoin, gold, and silver. Kiyosaki's criticism of fiat currency is not new. He has consistently described the U.S. dollar as a 'dying' currency, attributing its decline to government spending and central bank manipulation. His financial philosophy, influenced by Austrian economics, emphasizes personal sovereignty and assets that are unaffected by depreciation or political control. Kiyosaki argues that assets like gold, silver, and Bitcoin are essential hedges against inflation and necessary for long-term wealth accumulation through economic cycles. He advises against working for or saving 'fake money,' instead advocating for a personal standard based on decentralized assets like gold, silver, and Bitcoin. In a previous post, Kiyosaki predicted that Bitcoin's price would reach one million dollars by 2035 as the U.S. dollar continues to lose value due to inflationary monetary policies. Kiyosaki is not alone in his optimism regarding Bitcoin. In February 2025, Cathie Wood, CEO of ARK Invest, predicted that Bitcoin's price would reach 1.5 million dollars by 2030 if demand for digital assets continues to grow. Recently, Eric Trump predicted, during a keynote speech at the Bitcoin MENA event in Abu Dhabi, that Bitcoin's price would reach one million dollars due to its scarcity. These predictions reflect an increasing confidence in Bitcoin's potential as a means of preserving value amid concerns about traditional fiat currencies. The discussion around Bitcoin and decentralized assets continues to gain momentum, with advocates calling for its role in protecting wealth from inflation and economic instability.$BTC
TRUMP Team Wallet Deposits 3.5 Million Tokens Worth 52.66 Million Dollars According to BlockBeats, a wallet linked to the TRUMP team has recently deposited 3.5 million TRUMP tokens, valued at 52.66 million dollars, on a trading platform. This transaction was monitored by Lookonchain.$TRUMP
Belo Horizonte City Council Approves Bitcoin Incentive Bill According to Foresight News, the City Council of Belo Horizonte in Brazil has passed a bill related to Bitcoin with a vote of 20 in favor, 8 against, and 6 abstentions. The legislation aims to incentivize businesses that accept Bitcoin payments by promoting them in the city's advertising campaigns. Additionally, the bill proposes educational initiatives to help citizens adapt to the digital transformation. The bill is now awaiting final approval from the mayor's office.$BTC
According to BlockBeats, recent data from IntoTheBlock indicates a significant increase in large Bitcoin transactions following the election. On Wednesday, the volume peaked at $90 billion, highlighting a significant increase in whale activity. This increase indicates that major investors are actively participating in the market, which could impact Bitcoin price dynamics. The increase in large transactions can be attributed to strategic moves by these investors in response to the election results, reflecting their influence on the cryptocurrency landscape. As the market adjusts to these developments, increased activity among whales could play a crucial role in shaping future Bitcoin trends.
#BTC Disclaimer: Includes opinions of third parties. Not financial advice. May contain sponsored content. See terms and conditions.$BTC
Tether Denies Allegations Amid Rumors of Federal Probe
According to Blockworks, rumors have emerged that Tether may be under federal investigation. The Wall Street Journal reported that federal investigators in Manhattan are examining possible anti-money laundering violations and whether the cryptocurrency was used to fund illegal activity. Tether has strongly denied the allegations, and the Journal criticized the company for publishing what it called reckless and speculative claims without citing sources or official confirmation. A Tether spokesperson confirmed that the company is not aware of any such investigations.
LUNA, the AI Core Coin, Has Soared by Over 67% in 24 Hours
According to BlockBeats, the smart coin within the core ecosystem, LUNA, has seen a massive surge of over 67% in the past 24 hours. The market cap of LUNA has surpassed $80 million, and the current price is $0.0827. The 24-hour trading volume of LUNA has reached $1.99 million. BlockBeats advises users to exercise caution when investing in meme coins, as they currently lack practical use cases and are subject to high price volatility.$LUNA