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Bitget introduced IPO Prime featuring preSPAX, a token linked to SpaceX's future public market performance, offering retail investors a chance to engage with emerging companies early on. The token mirrors SpaceX's post-IPO economic performance without granting equity or voting rights.
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Blockworks
F2Pool co-founder Chun Wang, the first Bitcoin billionaire in space, funded his expedition by selling some of his Bitcoin. Wang spent three and a half days in space, commanding a mission operated by SpaceX with a Crew Dragon spacecraft.

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The U.S. economy experienced its first contraction since 2022, with a 0.2% decrease in GDP during the first quarter of 2025. This decline was attributed to an increase in imports and a decrease in government spending, following President Trump's global trade war.

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Litecoin, often seen as the digital silver to Bitcoin's gold, has seen a 76% price drop from its all-time high over four years ago. BitcoinOS is introducing a trustless ZK rollup for Litecoin, aiming to enhance its capabilities and interoperability with other blockchains like Bitcoin and Cardano.

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SOL Strategies, a Canadian company focused on the Solana blockchain, has filed a $1 billion preliminary short-form base shelf prospectus to increase financial flexibility for investments in the Solana ecosystem. The filing allows for potential capital raises without delays from regulatory approvals.

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A U.S. court invalidated President Trump's tariff regime, ruling he exceeded his authority under the International Emergency Economic Powers Act. The decision led to gains in Dow, S&P 500, and Nasdaq futures, with Bitcoin falling 1% to $110,800.

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Metaplanet issued $21 million in zero-interest bonds to EVO FUND, aiming to buy more Bitcoin and increase its corporate holdings. The company has raised a total of $135.2 million this year through multiple bond issuances, inching closer to its goal of owning 10,000 BTC by 2025.

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New York Mayor Eric Adams advocated for a Bitcoin Bond and the removal of BitLicense requirements to attract the crypto community to the city. He emphasized the need for a welcoming environment for crypto businesses and highlighted the potential economic benefits for New York City.

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Eric Trump and Donald Trump Jr. promoted cryptocurrency and their digital asset ventures at the Bitcoin 2025 conference, emphasizing their involvement in the crypto community despite criticism over potential conflicts of interest. The Trump family's engagement with the industry has raised concerns about personal enrichment.

Coindesk
The FCA is seeking feedback on its stablecoins regime to ensure stablecoins maintain value and prevent failures. Regulators are closely monitoring stablecoins after the collapse of terraUSD in 2022.

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In a recent move, the U.S. Department of Labor rescinded 2022 guidance that discouraged workplace 401(k) digital asset investing, aiming to maintain a neutral stance on the matter. This decision aligns with the current administration's efforts to be more crypto-friendly and reduce regulatory constraints on the digital asset industry.