🗞 Catch up on the news over the last 24 hours! 🚨 Cathie Wood's Ark Invest bought $16M in Circle shares as stock tumble…
🗞 Catch up on the news over the last 24 hours!
🚨 Cathie Wood's Ark Invest bought $16M in Circle shares as stock tumbled 20% on news impacting stablecoin business.
🔥 $HYPE treasury company Hyperliquid Strategies launches options trading on PURR common stock via Nasdaq Options Market.
🔥 Pudgy Penguins launches Pengu Card on Visa in partnership with KAST, now available across 170+ countries and 150M+ merchants globally.
🇸🇬 Ripple joins Singapore's Monetary Authority BLOOM initiative, partnering with Unloq to pilot cross-border trade settlements using XRP Ledger and RLUSD stablecoin.
🚨 US 5-year Treasury yields jump to 4.10%, marking a nine-month high.
🚨 BlackRock CEO Larry Fink warns oil at $150 per barrel could trigger a global recession, per BBC.
🚨 Bhutan reportedly selling $30M in Bitcoin per Arkham data.
🚨 $14.16B in $BTC options set to expire Friday, nearly 40% of Deribit OI with max pain at $75K.
🔥 Franklin Templeton launches tokenized ETFs tradable 24/7 via crypto wallets.
🇺🇸 A Trump-backed proposal to allow crypto and private equity in $12T 401(k) plans has cleared White House review, with a Labor Department rule expected soon.
🇺🇸 Donald Trump says his meeting with Xi Jinping has been rescheduled for May 14–15 in Beijing, with a reciprocal visit to Washington planned later this year.
🇺🇸 Donald Trump appoints tech leaders including Sergey Brin, Mark Zuckerberg, and Jensen Huang to the President’s Council of Advisors on Science and Technology, co-chaired by David Sacks and Michael Kratsios.
🚨 Larry Fink says the AI era will increase demand for skilled trades like plumbers and electricians while reducing the need for some office jobs, calling for a shift in how careers are valued.
🇺🇸 Coinbase tells Senate offices it cannot support the latest stablecoin yield compromise due to significant concerns over the proposed language, per Punchbowl.
🔥 Elon Musk's xAI to upgrade Grok Imagine video generator, "doubling down" on AI video after OpenAI discontinues Sora product.
🇺🇸 SEC Chair Paul Atkins says tokenization innovation exemption could arrive within the next few weeks.
