U.S. President Donald Trump has once again called for the Federal Reserve to lower interest rates, citing a recent report showing that inflation decreased to 2.3% in April from 2.4% in March. Trump criticized Federal Reserve Chair Jerome Powell, whom he referred to as 'Too Late Powell,' for not reducing rates in line with actions taken by Europe and China.

Trump's comments were made on his social media platform, Truth Social, where he stated that there is 'no inflation' and that prices for gasoline, energy, groceries, and 'practically everything else' are down. He argued that the Fed's reluctance to cut rates is 'not fair to America,' which he believes is 'ready to blossom.'

The President's remarks come amid his ongoing tour of the Middle East, which includes stops in Saudi Arabia, Qatar, and the United Arab Emirates. His call for lower rates is part of a broader push to stimulate the U.S. economy, which he believes is being hampered by current monetary policy.

Cryptocurrency markets saw a notable upward trend on May 8, 2025, with Bitcoin (BTC) surpassing the $100,000 mark and reaching as high as $103,200. Ethereum (ETH) also climbed above $2,000, peaking at $2,211 during the day. Solana (SOL) increased to $163, while Sui (SUI) showed a strong performance, rising from $3.37 to over $4.00, indicating a parabolic surge. The gains across these digital assets were attributed in part to institutional buying interest, with El Salvador reportedly purchasing more Bitcoin. Other tokens such as Zeus (ZEUS) and WAL also appeared in trading activity, priced at $0.28 and $0.63 respectively. The overall market sentiment reflected growing enthusiasm and what was described as 'institutional FOMO' driving the rally.

MultiBank Group, MAG, and Mavryk have announced a $3 billion deal to tokenize ultra-luxury real estate in Dubai. The partnership will allow global investors to purchase tokenized shares of properties such as the Ritz-Carlton Residences and Keturah Reserve, with daily yield distribution to token holders. The platform, launched on MultiBank.io, is designed to facilitate compliance, secondary market liquidity, and integration with decentralized finance (DeFi) protocols.

MAG will provide the real estate assets for tokenization, Mavryk will supply the blockchain infrastructure and DeFi connectivity, and MultiBank Group will oversee compliance, platform governance, and liquidity. The initiative includes the launch of the MBG utility token, which will be used for transaction fees, staking, and rewards within the ecosystem.

The tokenization platform is reportedly scalable up to $10 billion. MAG's Talal Moafaq Al Gaddah stated that the agreement with MultiBank Group is an important milestone in expanding access to high-value real estate and liquidity through blockchain.

Standard Chartered Bank, with assets of $850 billion, has forecasted that Bitcoin could reach a new all-time high due to increasing concerns over the Federal Reserve's independence. The bank's analysts, led by Geoff Kendrick, suggest that the cryptocurrency serves as a hedge against systemic risks associated with the current financial system.

The bank maintains its Bitcoin price target at $200,000 by the end of 2025, reflecting a belief in Bitcoin's potential as a safe haven amid political and economic uncertainties. This prediction comes as investors increasingly view Bitcoin as a hedge against political instability, with recent comments from President Trump on Federal Reserve Chair Powell contributing to market uncertainty.

Metaplanet, a Japanese public company often referred to as 'Asia's MicroStrategy,' has expanded its Bitcoin investment by purchasing an additional 319 BTC for approximately $26.3 million, increasing its total holdings to 4,525 BTC. This move is part of Metaplanet's strategy to bolster its Bitcoin treasury operations amid growing tension over U.S. trade tariffs.

The acquisition was made at an average price of $83,147 per Bitcoin, bringing the total cost basis of Metaplanet's Bitcoin holdings to $408.1 million with an average purchase price of $90,194. The company aims to increase its Bitcoin holdings by 470% by the end of the year, targeting a total of 10,000 BTC. Last month, Metaplanet appointed Eric Trump to its newly formed Strategic Advisory Board, citing his business expertise and passion for Bitcoin.

Japanese Bitcoin treasury company Metaplanet has expanded its Bitcoin holdings with the acquisition of 150 BTC for approximately $12.6 million, bringing its total holdings to 3,350 BTC. The purchase was made at an average price of $83,801 per Bitcoin, with Bitcoin's price currently at $88,000.

Metaplanet, which aims to accumulate 10,000 BTC by 2025 and 21,000 BTC by 2026, is now the 10th largest corporate Bitcoin holder globally. The company’s Bitcoin holdings are valued at over $290 million, equivalent to 42.216 billion yen. Its BTC yield has reached 68.3%, reflecting strong performance.

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Japanese public company Metaplanet has appointed Eric Trump, son of U.S. President Donald Trump, as a strategic advisor to its newly established Strategic Advisory Committee. This move is aimed at driving Bitcoin adoption and enhancing Metaplanet's position in the global Bitcoin economy. Metaplanet currently holds 3,200 BTC, having recently purchased an additional 150 BTC. The company has set ambitious targets to accumulate 10,000 BTC by 2025 and 21,000 BTC by 2026, with plans for Asia's largest equity capital raise for Bitcoin.

Metaplanet's stock price surged by 17.8% to 4,730 yen following the announcement of Eric Trump's appointment.

21Shares, a crypto asset manager, has announced plans to liquidate two actively managed exchange-traded funds (ETFs) linked to Bitcoin (BTC) and Ethereum (ETH) futures, effective March 28, 2025. This decision follows a routine review of its product lineup to better align with market dynamics and client needs, as well as the evolving landscape of digital assets. The liquidation comes amid a notable downturn in the market, highlighted by $1.66 billion in outflows from U.S.-listed spot Bitcoin ETFs during the month of March 2025. The affected ETFs are known as ARKC and ARKY.

David Sacks, appointed as the Trump administration's AI and crypto czar, divested over $200 million in digital asset-related investments before assuming his role, according to a White House memo. This divestment included at least $85 million directly attributable to Sacks himself, with the remainder sold through his venture capital firm, Craft Ventures.

The assets sold encompassed a broad range of digital assets, including Bitcoin, Ethereum, Solana, and his directly held position in the Bitwise 10 Crypto Index Fund, as well as shares in Coinbase and Robinhood. Sacks also began liquidating his stakes in private digital asset companies and his limited partner interests in crypto-focused investment funds such as Multicoin Capital and Blockchain Capital.

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The meme coin market has experienced a notable decline following a period of rapid growth, according to a recent report by CoinGecko. The peak of this activity was marked by the launches of $TRUMP, $MELANIA, and $LIBRA, but since February, investor interest has waned significantly. Reports indicate that less than 1% of meme coins survive long term, with the graduation rate to more stable investments at its lowest level ever. Political meme coins have also seen a downturn, raising questions about the future viability of this segment of the cryptocurrency market. Analysts suggest that while established cryptocurrencies like Bitcoin, Ethereum, and Solana may remain solid investments, meme coins are likely to be viewed as short-term speculative assets.

Russia has begun using cryptocurrencies such as Bitcoin, Ethereum, and stablecoins like Tether in its oil trade with China and India, according to Reuters. This move is aimed at circumventing Western sanctions imposed due to Russia's military actions in Ukraine. The use of digital currencies facilitates the conversion of Chinese yuan and Indian rupees into Russian rubles, streamlining transactions that are increasingly challenged by financial restrictions. Some Russian oil traders are reportedly conducting cryptocurrency transactions worth tens of millions of dollars monthly.

Read more

U.S. President Donald Trump has once again called for the Federal Reserve to lower interest rates, citing a recent report showing that inflation decreased to 2.3% in April from 2.4% in March. Trump criticized Federal Reserve Chair Jerome Powell, whom he referred to as 'Too Late Powell,' for not reducing rates in line with actions taken by Europe and China.

Trump's comments were made on his social media platform, Truth Social, where he stated that there is 'no inflation' and that prices for gasoline, energy, groceries, and 'practically everything else' are down. He argued that the Fed's reluctance to cut rates is 'not fair to America,' which he believes is 'ready to blossom.'

The President's remarks come amid his ongoing tour of the Middle East, which includes stops in Saudi Arabia, Qatar, and the United Arab Emirates. His call for lower rates is part of a broader push to stimulate the U.S. economy, which he believes is being hampered by current monetary policy.

Cryptocurrency markets saw a notable upward trend on May 8, 2025, with Bitcoin (BTC) surpassing the $100,000 mark and reaching as high as $103,200. Ethereum (ETH) also climbed above $2,000, peaking at $2,211 during the day. Solana (SOL) increased to $163, while Sui (SUI) showed a strong performance, rising from $3.37 to over $4.00, indicating a parabolic surge. The gains across these digital assets were attributed in part to institutional buying interest, with El Salvador reportedly purchasing more Bitcoin. Other tokens such as Zeus (ZEUS) and WAL also appeared in trading activity, priced at $0.28 and $0.63 respectively. The overall market sentiment reflected growing enthusiasm and what was described as 'institutional FOMO' driving the rally.

MultiBank Group, MAG, and Mavryk have announced a $3 billion deal to tokenize ultra-luxury real estate in Dubai. The partnership will allow global investors to purchase tokenized shares of properties such as the Ritz-Carlton Residences and Keturah Reserve, with daily yield distribution to token holders. The platform, launched on MultiBank.io, is designed to facilitate compliance, secondary market liquidity, and integration with decentralized finance (DeFi) protocols.

MAG will provide the real estate assets for tokenization, Mavryk will supply the blockchain infrastructure and DeFi connectivity, and MultiBank Group will oversee compliance, platform governance, and liquidity. The initiative includes the launch of the MBG utility token, which will be used for transaction fees, staking, and rewards within the ecosystem.

The tokenization platform is reportedly scalable up to $10 billion. MAG's Talal Moafaq Al Gaddah stated that the agreement with MultiBank Group is an important milestone in expanding access to high-value real estate and liquidity through blockchain.

Standard Chartered Bank, with assets of $850 billion, has forecasted that Bitcoin could reach a new all-time high due to increasing concerns over the Federal Reserve's independence. The bank's analysts, led by Geoff Kendrick, suggest that the cryptocurrency serves as a hedge against systemic risks associated with the current financial system.

The bank maintains its Bitcoin price target at $200,000 by the end of 2025, reflecting a belief in Bitcoin's potential as a safe haven amid political and economic uncertainties. This prediction comes as investors increasingly view Bitcoin as a hedge against political instability, with recent comments from President Trump on Federal Reserve Chair Powell contributing to market uncertainty.

Metaplanet, a Japanese public company often referred to as 'Asia's MicroStrategy,' has expanded its Bitcoin investment by purchasing an additional 319 BTC for approximately $26.3 million, increasing its total holdings to 4,525 BTC. This move is part of Metaplanet's strategy to bolster its Bitcoin treasury operations amid growing tension over U.S. trade tariffs.

The acquisition was made at an average price of $83,147 per Bitcoin, bringing the total cost basis of Metaplanet's Bitcoin holdings to $408.1 million with an average purchase price of $90,194. The company aims to increase its Bitcoin holdings by 470% by the end of the year, targeting a total of 10,000 BTC. Last month, Metaplanet appointed Eric Trump to its newly formed Strategic Advisory Board, citing his business expertise and passion for Bitcoin.

Japanese Bitcoin treasury company Metaplanet has expanded its Bitcoin holdings with the acquisition of 150 BTC for approximately $12.6 million, bringing its total holdings to 3,350 BTC. The purchase was made at an average price of $83,801 per Bitcoin, with Bitcoin's price currently at $88,000.

Metaplanet, which aims to accumulate 10,000 BTC by 2025 and 21,000 BTC by 2026, is now the 10th largest corporate Bitcoin holder globally. The company’s Bitcoin holdings are valued at over $290 million, equivalent to 42.216 billion yen. Its BTC yield has reached 68.3%, reflecting strong performance.

Read more

Japanese public company Metaplanet has appointed Eric Trump, son of U.S. President Donald Trump, as a strategic advisor to its newly established Strategic Advisory Committee. This move is aimed at driving Bitcoin adoption and enhancing Metaplanet's position in the global Bitcoin economy. Metaplanet currently holds 3,200 BTC, having recently purchased an additional 150 BTC. The company has set ambitious targets to accumulate 10,000 BTC by 2025 and 21,000 BTC by 2026, with plans for Asia's largest equity capital raise for Bitcoin.

Metaplanet's stock price surged by 17.8% to 4,730 yen following the announcement of Eric Trump's appointment.

21Shares, a crypto asset manager, has announced plans to liquidate two actively managed exchange-traded funds (ETFs) linked to Bitcoin (BTC) and Ethereum (ETH) futures, effective March 28, 2025. This decision follows a routine review of its product lineup to better align with market dynamics and client needs, as well as the evolving landscape of digital assets. The liquidation comes amid a notable downturn in the market, highlighted by $1.66 billion in outflows from U.S.-listed spot Bitcoin ETFs during the month of March 2025. The affected ETFs are known as ARKC and ARKY.

David Sacks, appointed as the Trump administration's AI and crypto czar, divested over $200 million in digital asset-related investments before assuming his role, according to a White House memo. This divestment included at least $85 million directly attributable to Sacks himself, with the remainder sold through his venture capital firm, Craft Ventures.

The assets sold encompassed a broad range of digital assets, including Bitcoin, Ethereum, Solana, and his directly held position in the Bitwise 10 Crypto Index Fund, as well as shares in Coinbase and Robinhood. Sacks also began liquidating his stakes in private digital asset companies and his limited partner interests in crypto-focused investment funds such as Multicoin Capital and Blockchain Capital.

Read more

The meme coin market has experienced a notable decline following a period of rapid growth, according to a recent report by CoinGecko. The peak of this activity was marked by the launches of $TRUMP, $MELANIA, and $LIBRA, but since February, investor interest has waned significantly. Reports indicate that less than 1% of meme coins survive long term, with the graduation rate to more stable investments at its lowest level ever. Political meme coins have also seen a downturn, raising questions about the future viability of this segment of the cryptocurrency market. Analysts suggest that while established cryptocurrencies like Bitcoin, Ethereum, and Solana may remain solid investments, meme coins are likely to be viewed as short-term speculative assets.

Russia has begun using cryptocurrencies such as Bitcoin, Ethereum, and stablecoins like Tether in its oil trade with China and India, according to Reuters. This move is aimed at circumventing Western sanctions imposed due to Russia's military actions in Ukraine. The use of digital currencies facilitates the conversion of Chinese yuan and Indian rupees into Russian rubles, streamlining transactions that are increasingly challenged by financial restrictions. Some Russian oil traders are reportedly conducting cryptocurrency transactions worth tens of millions of dollars monthly.

Read more