DeepNewz

Markets
JP Morgan Predicts Bitcoin Will Outperform Gold in 2025 on U.S. States Buying Bitcoin for Strategic Reserves
JP Morgan has forecasted that Bitcoin will outperform gold in 2025, anticipating more upside for the cryptocurrency in the second half of the year

DeFi
Sky Protocol Migrates 26% MKR to SKY Governance Token, Launches USDS Staking Rewards, Penalty From September
The Sky Protocol has officially transitioned to using SKY as its sole governance token, replacing MKR

Markets
Tether Surpasses Germany in U.S. Treasury Holdings, Leads $244B Stablecoin Market with $757B USDT on TRON
Tether, the issuer of the stablecoin USDT, has surpassed Germany in U

CeFi
Bybit Launches USDT-Based Trading for 78 Global Stocks Across Key Sectors With 0.04 USDT Fee
Bybit has expanded its Gold & FX (MT5) trading platform to include direct trading of 78 major global stocks using USDT as the trading pair

Blockchains
Solana’s Anza_xyz Unveils Alpenglow Protocol With 100x Latency Improvement, PoH Removed, Testing by Year-End
The Solana blockchain network is set to undergo its largest protocol upgrade to date with the introduction of the Alpenglow consensus protocol, developed by the research team at Anza_xyz

Regulation & Politics
Texas House to Review SB21 Bitcoin Reserve Bill; Committee Faces May 24 Deadline
The Texas House of Representatives is set to consider Senate Bill 21 (SB21), known as the Texas Bitcoin Reserve Bill, with a second reading scheduled for Tuesday, May 20

TradFi & Fintech
Galaxy Digital $GLXY Debuts on Nasdaq, Gains Over 6%, Plans SEC Tokenization Talks
Galaxy Digital Holdings Ltd








