16-5-2025 – Bitcoin has etched a fresh milestone by breaching the 104,000 USDT threshold. The flagship digital asset, according to Binance’s market intelligence, settled at 104,016. 328125 USDT during recent trading. The premier cryptocurrency exhibited measured momentum, posting a modest uptick of 0 source: https://www.cointrackdaily.com/bitcoin-surpasses-104000-usdt-mark-in-latest-trading-session/

Eric Trump, son of US President Donald Trump, declared that a global rush to accumulate Bitcoin is underway. source: https://www.cryptopolitan.com/eric-trump-says-world-is-racing-to-hoard-btc/

On May 16, 2025, 01:35 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 104,000 USDT benchmark and is now trading at 104,016.328125 USDT, with a narrowed 0.59% increase in 24 hours.

Odaily Planet Daily News According to The Defiant, DeFi strategy platform XSY.fi launched a beta version of the synthetic USD stablecoin Unity (UTY) on the Avalanche blockchain and announced the completion of a $5 million Pre-A round of financing, led by Protagonist Ventures and Borderless Capital, with participation from Paper Ventures, Chainview Capital, Blizzard the Avalanche Fund, and Sonic Boom Ventures. Users can mint UTY by staking AVAX, and obtain passive income while maintaining the original asset exposure. UTY uses automated strategies to manage market risks without the need for users to take the initiative. Ava Labs Chief Business Officer said that the product will enrich the DeFi tool portfolio of the Avalanche ecosystem. XSY simultaneously launched a limited-time points plan, where users can accumulate points through minting, providing liquidity, and other behaviors, which can be redeemed for governance rights in the future.

Odaily Planet Daily reported that according to The Defiant, Brazilian listed company Méliuz has purchased $28.4 million worth of Bitcoin, becoming the first Bitcoin financial company in Brazil. The decision to adopt a Bitcoin financial strategy has been approved by an overwhelming majority of the company’s shareholders. The move marks a notable development in the adoption of cryptocurrencies as a financial asset by Brazilian businesses.

Odaily Planet Daily News According to BlockWorks, Solana Ecosystem Ticketing Platform XP has completed a $6.2 million seed round of financing, led by Blockchange, with participation from L1D and Reflexive. It is reported that XP is a ticketing platform based on Solana, and its main business is to sell tickets at a discount, but it hints that it will have greater ambitions in fan experience in the future.

1. The US SEC is investigating whether Coinbase has falsely reported the number of users; 2. Coinbase expects data breaches to cause losses of up to $400 million; 3. CZ: MGX's $2 billion investment in Binance has nothing to do with the TRUMP token; 4. The Solana ecosystem project 10K pre-sale raised a total of approximately $8.23 million within 24 hours; 5. Sonic Labs no longer renews its cooperation with market maker Wintermute; 6. Addentax, a US-listed company, plans to buy 8,000 bitcoins and mainstream cryptocurrencies such as TRUMP; 7. Hackers have been able to access Coinbase customer data since January this year; 8. PayPal executives: Stablecoins require bank participation to unleash their full potential; 9. BlackRock BUIDL Fund completes its first DeFi protocol integration and accesses Avalanche's on-chain lending platform Euler.

Odaily Planet Daily News According to OnChain Lens monitoring, a whale address withdrew 13,800 ETH from Coinbase, worth $35.26 million, and repaid the ETH borrowed with cbBTC. The whale still needs to repay 32,377.6 ETH, worth $82.61 million.

Cryptocurrency yields and stablecoins are part of the wider financial world, and the 10-year Treasury yield affects investor behavior, which in turn ripples into the cryptocurrency market. Let’s take a deeper look.

Mubadala boosts BlackRock's Bitcoin ETF shares by 6%, totaling 8. 73 million shares valued at $408. 5 million. source: https://coincu.com/337851-mubadala-increases-blackrock-bitcoin-etf

According to PANews, a South Korean woman in her 40s has been sentenced to two years in prison by the Jeju District Court for transferring her boyfriend's cryptocurrency worth 700 million won (approximately $500,000) to her own account without his knowledge. The incident occurred in January this year, and the court found her guilty of fraud.

Not all FTX account holders will be compensated in the second distribution, but the trust said it will send more than $5 billion “within 1 to 3 business days” after May 30.

Ondo has already moved assets such as U.S. Treasury bonds and money market funds onto the chain and integrated them into DeFi gameplay.

Golden Finance launches "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and Metaverse industry news.

Today, we will not discuss technical details, but will peel off the emperor's new clothes and talk about the 10 most heartbreaking truths in the RWA circle. Fasten your seat belts and let's get started.

When we talk about payment vision and PayFi narrative, we don’t realize that crypto payments with stablecoins as the core have quietly advanced to the stage of application implementation.

From Meme coins to CS:GO accessories, the story of cyber speculation will never end.

A new meta-narrative is emerging: loud, fast, and speculative. It’s called Internet Capital Markets (ICM).

Although the logic supporting the reversal of ETH’s trend is still weak, the improvements in fundamentals and funding brought about by the Pectra upgrade can at least support Ethereum to return to the valuation center of 2800-3200.

After being accused of being Woke, Elon Musk’s xAI chatbot Grok is determined to prove that he isn't woke by spurring out white genocide rhetoric in South Africa, even in replies on unrelated topics.