▪️Unfortunately, in recent years, especially under the Biden Administration, the U.S. has sold a lot of BTC, but from now on, there will be a rule that they will only accumulate and not sell. ▪️The BTC reserve will become a digital Fort Knox ▪️The federal government has a total of 200,000 BTC ▪️We want to complete legislation on stablecoins before the August recess ▪️The Treasury and the Department of Commerce will explore possible ways to acquire additional bitcoin reserves ▪️We will maintain the dollar's status as the world's reserve currency, including through digital assets#TrumpCryptoSummit
The quarrel between Trump and Musk crashed Bitcoin to $100,000.
The exchange of words between US President Donald Trump and billionaire Elon Musk intensified pressure on the first cryptocurrency. The price of Bitcoin fell nearly 3%, approaching $100,000. On May 5, Musk criticized Trump's tariff plans, provoking a conflict. He stated that the president's initiative 'will trigger a recession in the second half of this year.'
Ethereum price has risen by 46% in the last 30 days. Analysts expect a breakout of the exchange rate coins. The reasons are cited as stable demand for spot ETFs and the stability of the market structure. At the time of writing, the cryptocurrency is trading at $2,630. MN Trading founder Michael van de Poppe said Ethereum is "poised to make significant gains."
Vladimir Smirkis, co-founder of the crypto game Blum, has been arrested in Moscow.
The Zamoskvoretsky Court of Moscow sanctioned the arrest of the former head of the Binance exchange for the CIS and co-founder of the crypto game Blum, Vladimir Smirkis, in a criminal case of large-scale fraud.
The arrest may be related to projects from previous years, in which clients lost at least 15 million dollars.
In 2017, he created The Token Fund — one of the first cryptocurrency investment funds. Where investors purchased the internal token TKN for real crypto, and in return received a promise to multiply their money. The project raised eight million dollars in investments, earned more on the rise of crypto, and suddenly closed in 2018. Clients did not receive their money.
Smirkis's next project was Tokenbox. It received 7 million dollars in investments, the TBX token was listed on two exchanges at once, almost instantly depreciated, and vanished into oblivion.
On May 16th, Vladimir Smirkis was arrested on charges of fraud. #blum #scam
Bitcoin tested $105,000 amid the U.S.-China trade deal.
The price of the first cryptocurrency temporarily rose to $105,700. As a result of the subsequent correction, the quotes retreated to around $104,500. The sharp price movement of Bitcoin followed the announcement by the U.S. administration about reaching a 90-day 'truce' in the trade war with China. The parties agreed to mutually lower tariffs for this period. The United States — from 145% to 30%, and China — from 125% to 10%.
The total value of the USDT offering has surpassed $150 billion for the first time. According to Tether, stablecoins worth $73 billion were issued on the TRON network — a figure that has surpassed Ethereum for the first time. In the first quarter of 2025, the issuer's reserves of nearly $120 billion consisted of short-term U.S. Treasury bonds. The company also reported quarterly operating profits exceeding $1 billion.
Altman spoke about the AI habits of baby boomers and millennials.
Baby boomers, millennials, and Generation Z perceive and use artificial intelligence differently. This statement was made by OpenAI CEO Sam Altman. According to him, the older generation tends to understand AI as an advanced search engine. Millennials often use the technology as a digital therapist, while modern students use it as a universal assistant, relying on it for everything.
🇬🇧 The UK government has introduced a draft of new rules for cryptocurrencies - they plan to introduce separate licenses for activities such as operating cryptocurrency exchanges and issuing stablecoins.
They are currently discussing how exactly this will work.
Durov was gifted an NFT frog for 4 million rubles.
The head of Telegram Pavel Durov received one of the most expensive NFT gifts in the messenger ecosystem — Plush Pepe #1 from the Plush Pepes collection. According to the Telegram channel 'Durov's Code', the sender is the founder of the OTC marketplace for gifts in the messenger Mr. FreeMan. The purchase of the token on the secondary market cost him 14,850 TON (4 million rubles or $47,000).
According to observations by the Twitter user known as cpt n3mo, since the beginning of 2024, in 6 out of 7 cases when the daily influx of funds into the BTC ETF was around $1 billion, the price of BTC decreased over the next 3-5 days.
Will this happen again? On April 22 and 23, 2025, the investment in the BTC ETF again exceeded $900 million on each of those days.
Cryptocasino turnover exceeded $81 billion in 2024.
Crypto casino revenue will reach $81.4 billion in 2024, which is five times higher than in 2022. Such data was provided by the analytical platform Yield Sec. The operation of such services is banned in regions such as the US, China, the EU and the UK. However, players are massively bypassing the blocking using VPNs, mirrors or redirecting links, writes the Financial Times. Accounts are also sold on P2P markets.
Opinion: The crypto market is holding back amid the geopolitical struggle between the U.S. and China.
Bitcoin will continue to consolidate in the range of $80,000–90,000. By the end of April, the U.S. Treasury will add another $100 billion to the financial system. The correlation between the crisis rate and global liquidity change is 83%. In options trades expiring by June, puts dominate — market participants are hedging, fearing that the U.S.-China trade war will bring new ‘surprises’. This is stated in the QCP Capital report.