Darkex Evening – May 19, 2025

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Strategy Purchased an Additional 7,390 Bitcoin

Strategy (formerly known as MicroStrategy) announced that it purchased 7,390 BTC at an average price of $103,498, totaling $764.9 million, between May 12 and 18, 2025. With this purchase, the company’s total Bitcoin holdings have reached 576,230. The company’s average purchase price per Bitcoin is $69,726. Year-to-date BTC returns have reached 16.3%.

Lawsuit Filed Against Strategy Over Misleading Statements About Bitcoin Strategy

According to Form 8-K filed with the SEC, a lawsuit has been filed against Strategy CEO Michael Saylor, CFO Phong Le, and executive Andrew Kang in the Virginia District Court. The plaintiff alleges that the company misled investors between April 30, 2024, and April 4, 2025, by failing to disclose information about its Bitcoin strategy and financial expectations. Strategy denied the allegations and announced it will defend itself.

Weekly Inflows of $785 Million into Digital Assets

According to CoinShares, a total of $785 million was invested in digital assets last week. The US led with $681 million, followed by Germany with $86.3 million and Hong Kong with $24.2 million. Outflows were recorded in Sweden, Canada, and Brazil. The total net inflow since the beginning of the year has reached $7.5 billion.

Moody’s Downgrades US Credit Rating

Citing the US’s rising public debt and borrowing costs, Moody’s downgraded the country’s credit rating from Aaa to Aa1. This decision reflects the weakening of financial sustainability, particularly due to the budget deficit and interest burden.

Dubai Announces Final Compliance Deadline for Crypto Rules

The Dubai Virtual Assets Regulatory Authority (VARA) has given digital asset-licensed entities until June 19, 2025, to comply with updated regulatory rules. The new rules aim to strengthen risk management and market integrity.

USDC Treasury Mints 250 Million USDC on the Solana Chain

According to Whale Alert data, the USDC Treasury minted an additional 250 million dollars worth of USDC on the Solana blockchain. This transaction signifies an increase in market liquidity and preparation for potential institutional demand.

Tether’s U.S. Treasury Bond Holdings Surpass Germany’s

Tether’s holdings of US Treasury bonds have surpassed 120 billion dollars, exceeding Germany’s 111.4-billion-dollar level. With this size, Tether has become the 19th largest bond holder in the world. The company reported a profit of 1 billion dollars in traditional investment income.

Vinanz Purchased 16.9 BTC for 1.748 Million Dollars

Vinanz, a British company listed on the London and US stock exchanges, purchased a total of 16.9 BTC at an average price of 103,341 dollars. The company positions Bitcoin as a strategic reserve and currency management tool.

El Salvador’s Bitcoin Investment Generated 357 Million Dollars in Profit

El Salvador President Nayib Bukele announced that the country’s Bitcoin investment has achieved an unrealized profit of 124.4% and that the net profit has exceeded $357 million. The country’s total Bitcoin holdings were reported to be 6,181 units.

Ripple Partners with Zand Bank and Mamo

Ripple announced that it has expanded its cross-border payment solutions by partnering with Zand Bank and Mamo in the UAE. With the new system, users will be able to make payments and settlements 24/7. Zand Bank also plans to develop a stablecoin pegged to the AED.

ECB Executive Board Member: Further Interest Rate Cuts Possible

ECB Executive Board member Mueller stated that interest rate cuts cannot be ruled out in the future. However, he said that clearer economic justifications are needed before taking such steps.

Europol Shuts Down Crypto Banking Network That Laundered $23 Million

In a multinational operation led by Europol, an illegal crypto banking network similar to Hawala was uncovered. Seventeen suspects were arrested in Spain, Austria, and Belgium. The seized assets include luxury cars, 10 properties, large amounts of cash, and $205,000 worth of cryptocurrency.

by Darkex Research – 1 min read

 

Click for Market Pulse news articles prepared by the Darkex Research Team.

 

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