SEC investigates user numbers
Coinbase shares fell 7% due to a cyberattack that exposed customer data and an SEC investigation into the company’s misrepresentation of user numbers in the past. The company’s COIN stock fell to $244 as of May 15.
FTX to begin paying creditors $5 billion on May 30
FTX will begin distributing $5 billion in payments on May 30 as part of its bankruptcy plan. Payments made through Bitgo or Kraken will reach eligible creditors within one to three business days.
The Central Bank of Russia named Bitcoin the best-performing asset in April 2025
The Russian Central Bank announced that Bitcoin was the best-performing asset in the country’s financial markets in April, with an 11.2% increase. With a 17.6% return since the beginning of the year, Bitcoin outperformed stocks, bonds, and gold. Bitcoin’s superior performance against traditional assets, with a cumulative return of 121.3% since 2022, is attracting attention at a time when institutional interest is at its peak.
The Saudi Arabian Monetary Authority has revealed that it holds shares in Strategy (formerly MicroStrategy), through which it indirectly invests in Bitcoin. This move is seen as a signal of the country’s strategic approach to Bitcoin.
Brazilian public company Méliuz makes a $28.4 million Bitcoin investment
Méliuz, a company listed in Brazil, has purchased $28.4 million worth of Bitcoin with the approval of the majority of its shareholders. This makes Méliuz the first public company in the country to adopt a Bitcoin financial strategy.
Final vote on the GENIUS Act in the US scheduled for May 19
The GENIUS Act, which includes stablecoin regulations, is scheduled to be voted on May 19. The bill proposes that large stablecoin issuers be regulated by the Federal Reserve, while smaller ones be regulated by state regulators. All stablecoins will be required to be fully backed by reserves.
Ripple-SEC settlement rejected due to procedural error
U.S. District Court Judge Analisa Torres rejected the settlement proposal submitted jointly by Ripple and the SEC on the grounds that it did not comply with the Federal Rules of Procedure. Ripple announced that it will submit a new settlement proposal in accordance with the rules.
Trade agreement between Japan and the U.S. may be postponed until the end of July
Japan may postpone the trade agreement with the US on customs tariffs until the end of July due to domestic political pressures. It is reported that sensitivities regarding the automotive sector and agricultural policies have prompted Prime Minister Shigeru Ishiba to act more cautiously.
BlackRock’s IBIT ETF surpassed Strategy
BlackRock’s IBIT Bitcoin spot ETF surpassed Strategy’s $59.146 billion in reserves with $64.697 billion in Bitcoin holdings. This development shows that BlackRock is increasing its influence in the crypto market with its ETF product.
JPMorgan: Bitcoin could outperform gold in the second half of the year
JPMorgan analysts predict that Bitcoin could outperform gold in the second half of 2025, driven by continued Bitcoin investments from companies like MicroStrategy and U.S. states. The maturation of the institutional investment environment and the clarification of regulations support this potential.
Trump family project WLFI purchases 3.63 million EOS for 3 million USDT
According to Onchain Lens data, the Trump family’s project World Liberty Finance (WLFI) purchased 3.63 million EOS at 0.825 USD. It was reported that 3 million USDT was spent on the purchase.
Bitcoin spot ETFs saw a net inflow of 115 million USD yesterday
According to SoSoValue data, Bitcoin spot ETFs saw a total of 115 million dollars in net inflows on May 15. The largest contribution came from BlackRock’s IBIT ETF with 410 million dollars in net inflows. IBIT’s total net inflows reached 45.423 billion dollars.
Ethereum spot ETFs experienced 39.78 million dollars in net outflows
Ethereum spot ETFs saw a total net outflow of 39.78 million dollars on the same day. The largest inflow came from BlackRock’s ETHA ETF, with 8.43 million dollars. ETHA’s historical total net inflow reached 4.263 billion dollars.
by Darkex Research – 1 min read
Click for Market Pulse news articles prepared by the Darkex Research Team.