Bitget Offers SpaceX Exposure Ahead of Planned $1.75 Trillion IPO

Wolfgang Münchau, a columnist for DL News, predicts the US will default due to deficit spending. He highlights Trump's budget and potential default scenarios, including inflation and taxing foreign Treasury bond holders. Münchau also discusses the concept of issuing crypto debt as a form of default.

Rep. Maxine Waters expressed concerns about the impact of Trump-backed crypto products on discussions around regulating digital assets during a House Financial Services Committee meeting. Lawmakers were set to discuss the Digital Asset Market Clarity Act but were sidetracked by the focus on Trump's crypto ventures, including a new digital wallet.

World Liberty Financial completed a $4 million airdrop, sending $47 worth of stablecoin to 85,300 Ethereum wallets. The airdrop was for WLFI holders to test the platform's functionality and readiness for future services.

JP Morgan plans to accept crypto ETF shares as collateral for loans and include crypto holdings in clients' net worth assessments. This move aligns crypto with traditional assets like real estate and vehicles for loan evaluations.

Ripple's RLUSD token has gained regulatory approval from the Dubai Financial Services Authority (DFSA) for use in the Dubai International Financial Centre (DIFC), becoming the third stablecoin to do so. This approval allows Ripple to integrate RLUSD into global payment services offered in Dubai and the UAE.

Semler Scientific, a Nasdaq-listed healthcare technology firm, has acquired 185 Bitcoin worth $20 million, becoming the 14th largest corporate holder of Bitcoin. The company, based in Santa Clara, California, has been accumulating Bitcoin for over a year as part of its treasury strategy.

Solana, once known for quirky memecoins, is now attracting traditional finance giants like Apollo and SkyBridge Capital. The network has shifted focus to Wall Street, with moves to broaden its business beyond meme coins.

Bitcoin futures contracts were launched on the Moscow Exchange, allowing Russian investors to gain exposure to bitcoin prices without owning the cryptocurrency directly. The contracts are cash-settled in rubles and tied to the iShares Bitcoin Trust ETF, with trading starting in June 2025.

Berachain is preparing to activate Pectra’s new execution-layer features through its Bectra hard fork, offering enhanced tools for over 100 apps on the chain. This upgrade allows wallets to function as smart accounts, enabling batch transactions, spending limits, and more user-friendly features.

South Korea, recovering from martial law, elected Lee Jae-myung as President, who plans to reform crypto. Lee aims to legalize spot Bitcoin ETFs and introduce a won-pegged stablecoin to prevent capital flight.