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CME Group to launch XRP futures on May 19 — link

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Russia launching crypto exchange for qualified investors: report — link | tl;dr

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This Friday 8 AM UTC, 76K $BTC are set to expire on Deribit with a notional value of $7.11 billion.

Max pain price $85,000, put/call ratio: 0.71

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Stablecoin transaction volumes eclipsed Visa's for the first time in 2024 — link

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new ฿ daily high: $90,124

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Digital asset investment products saw modest inflows totalling $6 million last week, reflecting mixed investor sentiment throughout the period — link

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Strategy has acquired 6,556 BTC for ~$555.8 million at ~$84,785 per Bitcoin — link

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China's local governments sell seized crypto to refill public coffers despite trading ban: Reuters — link | tl;dr

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Crypto exchange OKX relaunches in U.S. two months after settling with DOJ for $500 million — link

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Tokenization firm Securitize acquires MG Stover's digital asset fund administration unit; $38 billion in assets now under administration — link | tl;dr

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As the CeFi lending market has contracted over the last three years, the amount of outstanding loans has consolidated across fewer lenders. At the CeFi lending market peak in Q1 2022, the top three lenders (Genesis, BlockFi, and Celsius) comprised 76% of the market.

Today, top three lenders (Tether, Galaxy, and Ledn) maintain a combined 89% market share — link

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Visa is joining the Paxos, Robinhood stablecoin consortium: sources — link | tl;dr

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Digital asset investment products saw $795m in outflows last week, marking a third consecutive week of declines and bringing total outflows since early February to $7.2bn, nearly wiping out YTD inflows — link

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Binance met with Treasury Department to look at curbing US oversight over firm; also mulling deal with Trump family crypto venture — wsj

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SEC, Binance ask judge to extend pause in ongoing case — link | tl;dr

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Securitize debuts new crypto index fund with Mantle's $400 million backing — link | tl;dr

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Ethereum max pain price $1,900, $805 million notional value, put/call ratio 0.73

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Cantor nears $3b crypto venture with Softbank and Tether - FT — link | archive | PR

Twenty One is expected to launch with over 42,000 Bitcoin
Co-founder Jack Mallers will lead Twenty One as CEO

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new ฿ daily high: $93,928

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Dutch bank ING said to be working on a new stablecoin with other TradFi and crypto firms — link | tl;dr

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Based on reviews of public filings, bankruptcy documents, and voluntary disclosures from active lenders, the combined CeFi loan book size at YE 2024 was $11.2bn, down 68% from the 2022 ATH of $34.8bn — link

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Charles Schwab CEO says spot crypto trading will 'likely' launch within 12 months — link | tl;dr

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⚔️ Keet now available in Klingon — because even warriors need privacy. Heghlu’meH QaQ jajvam!
Try Keet.io

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Semler Scientific files $500M offering to fund Bitcoin acquisition — sec

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Tether announces strategic investment in Fizen to strengthen global stablecoin utilization and self-custody solutions — link

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Crypto bank Anchorage probed by U.S. Homeland Security — link

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Strategy has acquired 3,459 BTC for ~$285.8 million at ~$82,618 per Bitcoin — link

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CryptoPunk whale pleads guilty to hiding $13M profits from IRS, faces up to 6-year sentence — link | tl;dr

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Judge rules against most of DCG’s motion to dismiss NYAG’s civil securities fraud suit — link | tl;dr

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Trump signs resolution to repeal IRS anti-DeFi crypto rule finalized under Biden, which required "custodial brokers" to collect and report user data to the tax agency — link | tl;dr

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