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Quick Take “I’m still hopeful that we’ll launch by the end of the year,” Ripple CTO David Schwartz said while speaking at The Block’s Emergence crypto conference. The upcoming holidays may cause the launch to be delayed, he said.
Quick Take A bitcoin reserve could fuel inflation and wouldn’t be of value to the government, Bill Dudley said on Friday in an opinion column published on Bloomberg. The price of bitcoin has reached new heights over the past month, surpassing a record $100,000 on Thursday.
Quick Take With MiCA coming into play and President-elect Donald Trump coming into office, there will be a proliferation of stablecoin issuers, experts discussed at The Block’s Emergence conference. While currently dominated by U.S. dollar-denominated tokens, these issuers may instead focus on different regions and fiat currencies.
Quick Take Coinbase, through consultant firm History Associates Inc., sued the FDIC in June and accused the agency of trying to cut off the crypto industry from the banking sector. “Operation Chokepoint 2.0 wasn’t just some crypto conspiracy theory,” Coinbase Chief Legal Officer Paul Grewal said in a post on X.
- 18:38Trump's Official Meme Coin TRUMP Suspected to Launch "Trump Points" NFT MarketplaceAccording to market news: The official TRUMP MEME coin website is reportedly launching a "Trump Points" NFT marketplace, which allows users to buy and sell NFTs using loyalty points or cryptocurrency. Loyalty points can be earned through trading and completing platform-defined tasks, and holding TRUMP tokens may enhance point acquisition.
- 18:38Hyperliquid High Success Rate Whale Shorts WIF with 10x Leverage, Liquidation Price $1.19On May 12, according to ai_9684xtpa monitoring, "Hyperliquid, a high-win-rate whale with profits exceeding 17.55 million USD," reopened a short position on WIF with 10x leverage after closing a Bitcoin short position: - Margin: 368,478 USD- WIF short position: 3,576,537 units, valued at 4.08 million USD- Opening price: 1.15 USD- Liquidation price: 1.19 USD
- 18:36KiloEx trading fees adjusted from 0.07% to 0.05%KiloEx announced that it will adjust the trading fee for all users from 0.07% to 0.05%. This adjustment will take effect on May 12, 2025, at 20:10. Initially, this rate will be offered for a 2-month trial period to evaluate the platform's enhanced features.