Charles Schwab Plans to Introduce Prediction Markets With Cboe for Wagering on the S&P 500's Performance: WSJ

The impasse over stablecoin issuance in South Korea continues as Circle CEO Jeremy Allaire states the firm won't launch a won-pegged stablecoin. USD Coin trading is thriving on South Korean exchanges, with Allaire expressing interest in establishing a South Korean branch if regulations allow.

Senator Elizabeth Warren expressed concerns about Elon Musk's X Money launch, citing risks to consumers, financial stability, and national security. She highlighted issues with X's operations, including potential partnerships with entities facing enforcement actions.

Bitcoin 2026's speaker list includes promoters of various altcoins, despite the event being marketed as focused on Bitcoin. Many speakers have endorsed digital assets like Ethereum, Tron, and others, some of which have seen significant declines in value.

Legislation signed by Virginia Governor Abigail Spanberger updates unclaimed property rules to include digital assets, requiring dormant crypto to be held for at least one year before sale. The law aligns Virginia with other states in preventing automatic conversion of dormant crypto to cash.

In the past 24 hours, 572 bitcoins worth $42.77 million were transferred from a Gemini hot wallet to wallets owned by Winklevoss Capital and custody wallets. Winklevoss Capital now holds 9,328 BTC worth $689 million across 128 tracked addresses, with 70,588 ETH worth $163.7 million in its portfolio.

In April, U.S. spot Bitcoin ETFs saw significant inflows due to easing geopolitical tensions and improved investor risk appetite. Bitcoin's recent rally from $68,100 to $75,600 has been supported by these factors, with experts cautious about a sustained uptrend.

In 2025, Swiss-based blockchain firms captured 47% of European venture funding, with Zug hosting 41% of companies. The top 50 Swiss blockchain firms are collectively valued at $467 billion, solidifying Switzerland's dominance in the industry.

The ETH/BTC ratio has risen to a three-month high due to increased network activity and stablecoin inflows on Ethereum. This ratio, tracking ether's price against bitcoin, indicates capital flow preferences in the crypto market.

The price to attend President Trump's upcoming event for TRUMP token holders at Mar-a-Lago is significantly lower this year, with VIP status costing around $300,000 worth of TRUMP tokens compared to last year's $3 million. Attendees will have the chance to meet with notable figures like Tether's Paolo Ardoino and Mike Tyson.

Rakuten, Japan's e-commerce giant, is integrating XRP into its Rakuten Pay app, allowing 44 million users to use Ripple's cryptocurrency at over 5 million merchant locations nationwide. Users can also spot trade XRP and purchase it with Rakuten points.