DeepNewz

CeFi
BlackRock Files to Enable In-Kind Redemptions for Ethereum Trust Allowing Direct ETH Buybacks
BlackRock has filed regulatory documents to enable in-kind redemptions for its Ethereum Trust

Blockchains
MicroStrategy Adds 13,390 Bitcoin for $1.34 Billion, Bringing Holdings to 568,840 BTC
MicroStrategy disclosed that its Bitcoin accumulation arm, Strategy, bought 13,390 bitcoins between 5 and 11 May for about $1

Markets
Goldman Sachs Raises BlackRock Bitcoin Trust Stake to $1.4B Amid JPMorgan, MicroStrategy, Beat Holdings Crypto Moves
Goldman Sachs has increased its stake in BlackRock's iShares Bitcoin Trust (IBIT) by 28%, now holding 30

Markets
Trump-Backed American Bitcoin to Go Public via Gryphon Digital Merger Valued at $350 Million, Ticker ABTC
American Bitcoin, a Bitcoin mining firm affiliated with the Trump family, is set to go public through a reverse merger with Gryphon Digital Mining, Inc

Blockchains
Nakamoto, KindlyMD in Reverse Merger; Raises $710M for Bitcoin Treasury, KDLY Up 450%, $BTC and $ABTC Tickers Announced
David Bailey, an advisor to President Trump, has announced the merger of his bitcoin-native holding company Nakamoto with KindlyMD (NASDAQ: KDLY) to establish a public market Bitcoin treasury company

Markets
Ethereum Surges Above $2,600, Up 40% in 3 Days, Outperforming Bitcoin Amid $93.7M Whale Bitcoin Purchase
Ethereum (ETH) has experienced a notable price surge, reclaiming and surpassing the $2,500 mark, reaching as high as $2,600 in early May 2025

CeFi
Binance Futures Launches OGUSDT Perpetual Contract for OG Fan Token with Up to 50x Leverage on May 12
Binance Futures announced the launch of the USDⓈ-margined OGUSDT Perpetual Contract, which will offer up to 50x leverage

DeFi
Ethereum Leads Stablecoin Liquidity with $124 Billion on Mainnet, $400M on Mantle, and Strong Throughput Growth
Ethereum continues to solidify its position as the leading platform for stablecoins and decentralized finance (DeFi) applications

People
Elon Musk Honors Motherhood, Gifts Maye Musk Dogecoin and Shares Family Photos on Mother’s Day
Elon Musk commemorated Mother's Day by emphasizing the importance of motherhood, stating that being a mom is as important as any career and deserves major respect

CeFi
FTX and Alameda Research Unstake 187,600 Solana Tokens Worth $32.4 Million, Retain 5.2M SOL Valued Over $900 Million
FTX and Alameda Research have recently unstaked approximately 187,600 Solana (SOL) tokens, valued at around $32





