☕️ GM! Here are the top events in #Crypto from the past 24 hours
📊Market Updates
🔸BlackRock’s IBIT becomes the fastest ETF to hit $70B AUM, doing it in just 341 days - 5x faster than gold's GLD ETF.
🔸Weekly crypto inflows slow to $224M during Fed uncertainty. Ethereum leads with $296.4M. Bitcoin sees $56.5M in outflows.
🔸Strategy adds 1,045 BTC for $110.2M, pushing total to 582K BTC worth over $62B. Funded via preferred stock sales STRK and STRF.
🔸KULR plans to raise $300M via ATM share sales to fund more bitcoin buys and general operations. Its BTC holdings now total 920.
🌟Highlights
🔸The Blockchain Group begins €300M share sale backed by TOBAM to expand BTC holdings. Stake could grow from 3% to 39% if fully executed.
🔸Kakao-backed Kaia plans won-pegged stablecoin as South Korea’s pro-crypto president takes office and payment stocks surge nearly 30%.
🔸Kyrgyz Republic to launch gold-backed USDKG stablecoin in Q3 2025, pegged 1:1 to USD and backed by $300M in gold with plans to scale to $2B.
🔸Circle stock surges after IPO, prompting ProShares and Bitwise to file for CRCL-based ETFs with leverage and covered call strategies.
🔸Tether’s USDT seen on Bolivian store tags as local economy deteriorates. Shops use USDT to set prices amid inflation and dollar shortages.
🔸Paraguay president’s X account was hacked, falsely claiming Bitcoin is legal tender and linking to a scam BTC wallet.
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