Trump Announces Crypto Strategic Reserve, Boosting Adoption
Former President Donald Trump announced the inclusion of Bitcoin, Ethereum, XRP, Solana, and Cardano in a new “Crypto Strategic Reserve” 5. This move highlights growing political interest in cryptocurrencies as a hedge against inflation and a tool for national economic strategy.
$TRUMP
{spot}(TRUMPUSDT)
On May 6, Ethereum Spot ETFs saw a net outflow of $17.87M
Total AUM now stands at $6.18B, representing 2.88% of ETH's total market cap.
While short-term pullbacks occur, cumulative net inflow has reached $2.49B, highlighting ETFs' growing presence in the ETH ecosystem.
📊 Early stage = more volatility, but structure matters in the long run.
#Ethereum #ETH #ETFFlows
Jeffy Yu-Linked Wallet Dumps $ZEREBRO, Funnels $SOL to Dev Wallet
Roughly 50 minutes ago, a wallet suspected to be tied to Jeffy Yu made a major move—selling 35.55 million $ZEREBRO for 8,572 $SOL, worth approximately $1.27M.
But that’s not all.
Shortly after, 7,100 $SOL ($1.06M) was funneled straight into $LLJEFFY’s dev wallet:
G5sjgj...
The originating wallet:
9KaENf6RhLciggaxpU9rjbTQAH5dfjoAaRKVNcdWsbXk
This kind of rotation raises eyebrows—was it a strategic exit, internal reallocation, or something more coordinated? The timing and flow suggest someone’s consolidating power… or preparing for the next big move.
Big Swap: Jez-Linked Wallet Rotates Out of #Altcoins Into $WBTC
A wallet tied to jez (@izebel_eth) just made a bold portfolio move. The address 0xf78310ed6641e6c4e221e9d676440ac8645d3afe offloaded:
1,002 ETH worth $1.77M
10,000 AAVE worth $1.71M
1,000 MKR worth $1.44M
Then, with the total $4.92M, it accumulated 50 $WBTC —valued at around $4.79M.
This looks like a clear rotation from altcoins back into Bitcoin—possibly a hedge, or a strong conviction that BTC is about to lead the next move. Is this a smart pivot or a missed altcoin rally? Time will tell.
Solana saw a memecoin boom in April, with over 1.2 million SPL tokens minted, mostly via Pump.fun. Daily minting ranged from 30,000 to 55,000 tokens. Memecoins made up 95% of DEX trading volume (excluding SOL and stablecoins). Solana earned $414M in fees, while Pump.fun generated $296M year-to-date.
No Free Lunch: Alpha Farmers, Your Tricks Won’t Work on $KMNO
Binance has officially launched $KMNO spot trading, but here's the catch: any trading volume after listing will not count toward Alpha points. In other words, if you’re still trying to farm Alpha rewards, you're wasting your efforts.
So what’s the next best move for low-friction traders on Solana?
Look to these low-fee, high-volume tokens:
$POPCAT – Liquidity pool fee: 0.25%
$FARTCOIN – Liquidity pool fee: 0.05%
These rank #2 and #3 by trading volume on Solana, and ironically, neither charges any transaction tax—but don’t mistake that for a free ride. Just because it’s cheap to trade doesn’t mean it’s easy to win.
Bitcoin Price Today: $97,318.54 Amid Market Volatility
Bitcoin (BTC) is trading at $97,318.54 as of today, with a market cap of $1.93 trillion 25. Despite a slight 24-hour decline in the broader crypto market—global cap now stands at $3.09 trillion (-0.74%) 6—Bitcoin remains the dominant asset, holding a 62.12% market share 5.
Recent movements include a dip near $94,000 ahead of the Fed’s decision, though institutional demand and optimism around crypto adoption continue to support prices 1. Meanwhile, regulatory developments like Nigeria’s recognition of Bitcoin as a security highlight growing institutional acceptance 7.
Stay tuned as Bitcoin navigates this dynamic landscape! 🚀
What are the current challenges facing Bitcoin?
How does Bitcoin compare to other cryptocurrencies today?
What is the future outlook for Bitcoin's value?
#Bitcoin #FOMCMeeting #BitcoinReserveDeadline #BinanceLaunchpoolSXT #tradestories
$BTC