☕️ GM! Here are the top events in #Crypto from the past 24 hours

📊Market Updates

🔸GameStop buys 4,710 BTC for its treasury, joining Strategy and Metaplanet. Purchase estimated at $513M based on current BTC prices.

🔸Metaplanet raises $50M via zero-interest bonds to buy more BTC. Its holdings now total 7,800 BTC, aiming for 10,000 by end of 2025.

🔸US spot Bitcoin ETFs saw $5.77B in May inflows, their best month since November, driven by strong demand and BTC’s record highs.

🔸Pakistan is forming a government-led Bitcoin reserve and plans to mine BTC using 2,000 MW of power.

🔸IMF approves $120M for El Salvador under deal limiting Bitcoin use but country continues BTC buys via Bitcoin Office.

🌟Highlights

🔸The SEC has begun reviewing WisdomTree's proposed spot XRP ETF, a first for the US, with a decision expected within 240 days.

🔸BlackRock is joining Telegram’s $1.5B bond raise offering 9 percent yield and IPO discounts, alongside Citadel and Mubadala.

🔸Ripple told the SEC that fungible cryptos in secondary sales are not securities, citing legal precedent and a recent court ruling.

🔸VP JD Vance says Trump admin will fire anti-crypto regulators and push for clear rules to keep crypto industry from moving offshore.

🔸US crypto czar David Sacks says the government could buy more Bitcoin if it can be funded without new taxes or increasing debt.