DeepNewz

Regulation & Politics
South Korean Candidates Lee Jae-myung, Kim Moon-soo Back Spot Crypto ETFs Ahead of June 3 Election
In the lead-up to South Korea's presidential election scheduled for June 3, 2025, all three major candidates have expressed support for the introduction of spot cryptocurrency exchange-traded funds (ETFs) and institutional investment in Bitcoin

Blockchains
Bhutan Becomes First Country to Accept Bitcoin and Crypto Payments for Tourism via Binance Pay, Holds Over $1 Billion in BTC
Bhutan has become the first country in the world to fully accept Bitcoin and cryptocurrency payments for all tourism-related services, including flights, hotels, visas, and shopping

Markets
Metaplanet Buys 1,241 BTC, Surpasses El Salvador With 6,796 BTC; Semler Scientific Holds 3,808 BTC
Tokyo-listed Metaplanet has surpassed El Salvador in total Bitcoin holdings following its recent purchase of 1,241 BTC, valued at approximately $126

CeFi
FalconX Partners With Standard Chartered to Serve Institutional Crypto Investors With Streamlined Fiat Settlement in Singapore
FalconX, a cryptocurrency platform, has partnered with Standard Chartered to enhance services for institutional crypto investors

TradFi & Fintech
UBS $1 Trillion Bank Says Wealthy Clients Allocate Up to 5% to Bitcoin as Price Nears $200,000, Market Cap $20 Trillion
UBS, a banking giant with $1 trillion in assets, has reported that its wealthy clients are increasingly investing in Bitcoin and other cryptocurrencies

TradFi & Fintech
Mixpanel Announces Free Access to Its Services for All Users
Mixpanel has announced that its services are now available for free to all users

Markets
Bitcoin Illiquid Supply Hits Record $1.4 Billion with 83,105 BTC Accumulated by Whales in Largest 30-Day Increase
Bitcoin's illiquid supply has reached a new all-time high valued at $1

Markets
BlackRock Files for Ethereum In-Kind Redemptions as ETH Surges 42% with Bitcoin ETF Inflows and Pectra Upgrade
BlackRock has filed for Ethereum (ETH) in-kind redemptions amid ongoing discussions with the SEC regarding Ethereum staking on spot ETFs

Markets
Abraxas Capital and Grayscale Buy Over $560M in Ethereum as ETH Rallies 44%
London-based asset manager Abraxas Capital has made substantial purchases of Ethereum (ETH) over the past week, accumulating between $477

Regulation & Politics
Michael Saylor of MicroStrategy Says 'It’s Time to End the War on Crypto'
Michael Saylor, a prominent figure in the cryptocurrency industry and executive chairman of MicroStrategy Inc





