Crypto/Bitcoin/Stablecoins
- Charles Schwab launches spot BTC and ETH trading for select retail clients.
- Japan’s enterprise-led blockchain to issue yen stablecoin for B2B settlements.
- Korean won stablecoin KRWQ expands to Solana after EDX Markets listing.
- Anchorage and Grupo Salinas sign cross-border payments partnership.
- Bitwise CIO says GENIUS Act unlocked crypto fundraising momentum ahead of
Clarity Act.
Markets/Institutional
- Senate confirms Kevin Warsh to succeed Jerome Powell as Fed Chair.
- Fidelity International’s first tokenized fund receives AAA-mf rating from
Moody’s.
- Hyperliquid leads weekly blockchain fee revenue as vertical chains gain
traction.
- Ethereum closes gap with Solana as DEX volumes converge near $45B.
- Bitcoin trades near critical support after hotter-than-expected PPI data
raises rate hike fears.
- Strategy’s STRC may be contributing to recurring mid-month bitcoin rallies,
K33 says.
Regulation/Policy
- More than 100 amendments filed on stablecoins, ethics and DeFi ahead of Senate
Banking Committee Clarity Act vote.
- Anthropic and OpenAI tokenized PreStocks on Solana plunge after unauthorized
equity transfer warnings.
Industry/Corporate
- BitGo doubles revenue to $3.8B while Q1 net loss widens.
- Solana treasury firm DeFi Development Corp reports 108% yearly growth in SOL
per share.
- Solana treasury firm Upexi posts $109M quarterly net loss tied to crypto
markdowns.
- Metaplanet reports $725M Q1 net loss as bitcoin markdowns outweigh operating
gains.
- Jupiter taps Bitwise to build institutional-grade Solana-based USDe lending
market.
- Immunefi to absorb Code4rena customers after shutdown.
- Stork launches 24/7 stock and gold price discovery model using perpetual
futures markets.
