🗞️ Need to catch up on the news? Here's our top 10 from today:
🔸 Kraken reported $472 million in revenue for Q1 2025, marking a 19% year-over-year increase.
🔹 Charles Schwab CEO Rick Wurster says, “We’re working on a plan to launch spot crypto in the next 12 months.”
🔸 The Blockchain Group, Europe’s first Bitcoin treasury company, aims to acquire 260,000 $BTC ($24B) by 2033.
🔹 Morgan Stanley plans to add Bitcoin and crypto trading for E*Trade clients, per Bloomberg.
🔸 Freight Technologies secures up to $20 million to build an Official Trump Token ($TRUMP) treasury, making it one of the first public companies to adopt $TRUMP as a key digital asset.
🔹 Tether has announced they brought in $1,000,000,000 of profit in Q1 of 2025.
🔸Coinbase plans to suspend Movement ($MOVE) trading on May 15, 2025, after review.
🔹 President Trump’s tariffs are putting China’s economy under a trillion-dollar stress test, with both sides bracing to see who blinks first.
🔸 WLFI co-founder Zach Witkoff said official stablecoin will finalize MGX’s $2 billion investment in Binance, calling it “only the beginning.”
🔹 21Shares files for a spot $SUI ETF with the SEC.
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