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The supply of Bitcoin on exchanges has significantly decreased due to corporate purchases, potentially leading to price increases. However, caution is advised regarding the accuracy of supply data.

The essay discusses the future outlook of the stablecoin market predicted to reach $0.5 trillion to $3.7 trillion by 2030. Factors include dollar substitution, liquidity allocation, and market growth. Regulation may impact stablecoin use, with the dollar expected to maintain a 90% share in the market in 2030. Stablecoins aim to provide price stability compared to volatile cryptocurrencies..circle
Summary:
The essay explores the projected growth of the stablecoin market until 2030, influenced by factors like dollar substitution and market expansion. It discusses scenarios, regulatory impacts, and the role of stablecoins in the cryptocurrency ecosystem.

Cryptocurrency market update. Bitcoin (BTC) shows positive movement amidst trade tensions softening. Trump's tariff policy change affected bond market. Ethereum (ETH) developing DAS tech for improved blockchain processing. ETH market indicators showing signs of reversal with increased active addresses.

The Federal Reserve Board announced the easing of regulations on bank activities related to cryptocurrency and US dollar stablecoins. This change removes the need for prior notification to the FRB for virtual currency activities and streamlines supervision through regular processes. Additionally, the FRB revoked the 2023 guidance requiring prior approval for state member banks engaging in US dollar stablecoin activities. This move signifies a reduction in barriers for banks entering the cryptocurrency sector.

Prince Philip of the Serbian royal family predicts a significant future price surge in Bitcoin, mentioning the potential "Omega Candle" theory. He also discusses Bitcoin adoption and its impact on global economies in a recent interview.

The Sui Foundation launches a virtual Mastercard on the Sui blockchain, aiming to expand services in Europe and beyond, enhancing user experience and accessibility while planning to introduce physical cards and expand globally.

Securitize and Mantle launched the "Mantle Index Four (MI4) Fund," a financial product allowing investment in a basket of cryptocurrencies, aiming for exposure to high market cap assets while enhancing yields through DeFi staking, maintaining compliance and investor protection. The collaboration attracted anchor investors with a $400 million investment. This innovative fund aims to be a leading index for cryptocurrencies, offering institutional-grade financial products that combine attractive returns with traditional finance's strengths.

ARK Investment predicts three scenarios for Bitcoin by 2030 in their "Big Ideas 2025" report: $300k in bearish, $710k in base, $1.5M in bullish, driven by institutional adoption, digital gold status, and emerging market demand.

SEC has postponed the decision deadline for Polkadot (DOT) and Hedera (HBAR) token-based cryptocurrency ETF proposals until June 11, allowing more time to review proposed rule changes. This delay impacts the diversification of institutional investor products until at least mid-June.

Saifedean Ammous, author of "The Bitcoin Standard," criticizes Trump's tariff policy impact, highlighting Bitcoin's economic characteristics in uncertain times. He argues that the US faces challenges due to unsustainable debt and high dependence on Chinese imports, urging the government to reconsider tariffs for economic stability.

CME Group plans to launch XRP futures trading pending regulatory approval, becoming the 4th crypto futures product they offer. This move reflects increasing interest in cryptocurrencies amid changing US regulations. Ripple's CEO sees this as a significant step for XRP market growth.

The essay discusses the launch of XRPL Japan at the TEAMZ WEB3/AI SUMMIT in Tokyo, highlighting its features, activities, and future plans. XRPL Japan focuses on the Japanese market, emphasizing the relevance of XRPL in various fields like NFT and RWA. The team aims to build a strong community and unique ecosystem for investors and developers.

MetaPlanet announced the purchase of 145 BTC at an average price of approximately 1,328,472 yen per BTC, totaling around 19.26 billion yen. Their goal is to hold 10,000 BTC by the end of 2025 and 21,000 BTC by the end of 2026. They have already achieved half of this target by acquiring 5,000 BTC ahead of schedule. By combining the issuance of zero-coupon bonds with the exercise of new stock acquisition rights, MetaPlanet has successfully implemented a unique financial strategy to secure funds for Bitcoin purchases.

Mercari's subsidiary, Mercocoin, expands its cryptocurrency offerings by adding XRP for easy trading from as low as 1 yen. With a focus on accessibility, the company aims to familiarize users with virtual assets.

DEA and GGG have established a new company "Growth Ring Grid Pte.Ltd." focusing on democratizing infrastructure through community engagement games. The joint venture aims to enhance citizen participation in infrastructure inspections, promoting sustainable solutions for societal challenges. The new company plans to develop and operate a platform for citizen-involved inspections, collaborate with local governments and companies, and utilize gamification and Web3 technology to encourage civic engagement. This initiative addresses the increasing need for infrastructure maintenance amidst limited resources, offering innovative approaches for sustainable solutions.

Riot Platforms secures a $100 million loan contract with Coinbase, using BTC as collateral. The loan carries an interest rate of 4.5% and can be extended up to 364 days. This move aims to diversify funding sources for long-term growth and strategic development. Other companies, like Hut8, are also leveraging Bitcoin collateral for loans.