#cel
⚖️ The U.S. Department of Justice demands a 20-year prison sentence for the founder of Celsius Alex Mashinsky (coindesk)

@Сryptoz ₿

#usdc
🇦🇪 Circle has received preliminary approval from the Abu Dhabi regulator (coindesk)

The USDC issuer has received preliminary approval from the Financial Services Authority of Abu Dhabi Global Market (FSRA) to work as a cash services provider.

@Сryptoz ₿

💲 Reeve Collins, Tether co-founder, says: “US dollar facing growing competition for stablecoin dominance”.

@Сryptoz ₿

🔥 SoSoValue: Inflow of funds to spot Bitcoin ETFs for yesterday = $591,290,000 (7 green days in a row).

@Сryptoz ₿

🔥 #JST DWF Labs is the new market maker of Justin San’s project JUST DAO (twitter)

@Сryptoz ₿

🇰🇷 South Korea promises to carry out crypto reforms (original)

The ruling party «People’s Power» (PPP) announced ambitious plans:

▪️Approval of spot crypto-ETFs this year.
▪️Abolition of the «one exchange - one bank» rule - crypto exchanges will be able to freely choose banking partners.
▪️Permit of corporate cryptocurrency trading for non-profit organizations and more than 3,500 companies.
▪️Adoption of the Law on Promotion of the Development of Digital Assets - new listing standards, disclosure of information and regulation of stablecoins.
▪️Estation of a Special Committee on Virtual Assets under the Presidential Administration.

P.S. The implementation of these initiatives depends on the results of the early presidential elections on June 3.

@Сryptoz ₿

👌 The Trump administration — is the most productive presidential administration in modern history (Donald Trump)

In the first 100 days, Trump signed more than 140 decrees, issued more than 40 proclamations and wrote more than 30 memoranda - far exceeding the number of actions taken by other presidents during their entire term.

UPD: Today officially marks 100 days of data and restrained promises.

@Сryptoz ₿

❗️SEC stopped investigating PayPal’s activities (report)

In November 2023, the SEC sued PayPal because of the stablecoin #PYUSD

@Сryptoz ₿

🔼 Institutionals (and the crowd) are actively buying Bitcoin ETF, net INFLOW of money for 8 trading days = $4,000,000,000 (sovalue)

@Сryptoz ₿

😳 #ALPACA grows by 1700%+ per day!

@Сryptoz ₿

🇺🇸 The authorities of the city of Roswell (New Mexico) announced the creation of a strategic BTC reserve (source)

@Сryptoz ₿

⚡️ CZ barely made it to TOKEN2049, but he finally got there

@Сryptoz ₿

🔥 U.S. macro data (PCE):

▪️ Basic price index of expenses for personal consumption (y/y) (March)

FACT: 2.6%
FORECAST: 2.6%
PREVIOUS: 3.0%

▪️ Basic price index of personal consumption expenses (m/m) (March)

FACT: 0.0%
FORECAST: 0.1%
PRE.: 0.5%

▪️ Price index of expenses for personal consumption (y/y) (March)

FACT: 2.3%
FORECAST: 2.2%
PRE.: 2.7%

▪️ Price index of expenses for personal consumption (m/m) (March)

FACT: 0.0%
FORECAST: 0.0%
PREVIOUS: 0.4%

@Сryptoz ₿

🧐 Consumer sentiment in the United States is at a «crisis level» (The Kobeissi Letter)

The consumer confidence index in April fell to 86 - the lowest since May 2020.

The pessimism of relative economic growth has covered all age and income groups - people are starting to save, afraid of unemployment and crisis.

Expectations of the relative future of the economy for the next 6 months fell to 54 - the worst indicator since October 2011. A value below 80 usually indicates an approaching recession.

@Сryptoz ₿

🤝 Visa and Baanx announced a partnership (Forbes)

Visa and Baanx are launching a new type of cards tied to stablecoins and working with non-costodial crypto wallets.

Users will be able to spend USDC directly from their wallet - anywhere Visa is accepted.

Smart contracts provide instant transfer of stablecoins and their automatic conversion into fiat with each payment.

These solutions separate storage and payments, which calls into question the traditional model of banks based on control over client funds.

@Сryptoz ₿

🇳🇬 The Nigerian authorities officially recognized Bitcoin and other digital assets as securities (source)

⊹ All crypto services and exchanges must obtain licenses from the Securities Commission (SEC).

⊹ SEC gains access to the data of Internet providers to track violations.

⊹ The law is aimed at transparency and compliance with international standards (IOSCO).

@Сryptoz ₿

#opinion
🤔 By the time your financial advisor says that you can buy Bitcoin, it will already cost $1,000,000 - Michael Sailor

And when he says it’s a great idea, the price will already rise to $10,000,000.

@Сryptoz ₿

#wlfi
💸 USD1 has become the official stablecoin of MGX investments in Binance!

Eric Trump said that stablecoin #USD1 from Donald Trump’s company - World Liberty Financial - became the official means of settlement for MGX investments in Binance for $2,000,000,000.

«USD1 will become one of the most transparent and regulated stablecoins in the world.»

@Сryptoz ₿

🔽 SoSoValue: The OUTFLOW of money from the spot Bitcoin ETF has resumed, - 56,230,000$ for yesterday.

@Сryptoz ₿