LATEST: Citi Predicts Stablecoins Joining Mainstream Economy, Growing Beyond Crypto Market

Stablecoins could soon surpass traditional crypto trading volumes as mainstream adoption accelerates according to global banking giant Citi. The bank forecasts that stablecoins which are digital tokens pegged mostly to the US dollar could grow to $1.6 trillion by 2030 and potentially reach $3.7 trillion with strong regulatory support. This shift positions stablecoins as a powerful force in the future of money and finance.

Beyond their use in crypto trading stablecoins are now playing a growing role in global payments remittances and banking liquidity. Citi suggests these tokens may replace portions of foreign currency reserves and even be used in retail money market funds if yield-bearing versions emerge. Major firms like Fireblocks are already witnessing a surge in stablecoin transaction volumes driven by payment companies.

Citi’s Ronit Ghose highlights stablecoins as a bridge to tokenized financial systems offering easy global access to dollars and euros. As governments debate between stablecoins and central bank digital currencies the financial world may soon embrace both options in a new era of digital money.

JUST IN: Michael Saylor’s Strategy Purchases 13,390 Bitcoin for $1.34 Billion

Strategy has recently acquired 13,390 Bitcoin worth approximately $1.34 billion. This latest acquisition was made at an average price of $99,856 per Bitcoin. The company has now achieved a significant BTC yield of 15.5% year-to-date in 2025. This move marks a strong statement of confidence in the future of digital currencies.

As of May 11, 2025, Strategy holds a massive total of 568,840 Bitcoin valued at about $39.41 billion. The current price per Bitcoin is approximately $69,287. The scale of this acquisition shows that large players are continuing to bet big on the long-term potential of Bitcoin and cryptocurrency.

This acquisition highlights the growing role of digital assets in global investment strategies. By accumulating such a large amount of Bitcoin, Strategy signals its belief in the cryptocurrency’s sustained value and its transformative potential in the global financial system

EXCLUSIVE: DeFi Development Makes Record Solana Purchase, Surpasses $100 Million In Treasury Holdings – DeFi Development (NASDAQ:DFDV)

DeFi Development Corp DFDV announced on Monday that it had purchased 172,670 Solana SOL/USD at an average purchase price of $136.81, valued at approximately $23.6 million.

This marks the company’s 10th Solana purchase under its digital asset treasury strategy and its largest purchase.

DeFi Development Corp now holds 595,988 SOL, valued at approximately $102.7 million, including staking rewards.

Also Read: DeFi Development Corp Expands Digital Asset Portfolio, Holds $58.5 Million In Solana Tokens

As of May 12, DeFi Development had 2.04 million total outstanding shares. The SOL per Share (SPS) was 0.293, or $50.42.

Disclosure: 82% of retail CFD accounts lose money

As with all previously…

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David Bailey And Bitcoin-Native Holding Company Nakamoto Announce Merger With KindlyMD To Establish Bitcoin Treasury

KindlyMD, Inc. (NASDAQ: KDLY), a Utah-based healthcare services provider, has entered into a merger agreement with Nakamoto Holdings Inc., a Bitcoin-native holding company. The transaction, announced on May 12, 2025, includes $710 million in financing through a combination of private placement and convertible notes.

The merger will create a publicly traded company focused on establishing a Bitcoin treasury strategy, with $510 million raised through private placement in public equity (PIPE) at $1.12 per share and $200 million in senior secured convertible notes maturing in 2028.

David Bailey, founder of BTC Inc. and Nakamoto Holdings, will serve as CEO of the combined entity. Tim…

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LATEST: Uniswap Becomes First DEX to Cross $3 Trillion in Volume

Uniswap has officially surpassed $3 trillion in all-time trading volume making it the first decentralized exchange to reach this historic mark. The achievement was highlighted by founder Hayden Adams in a post on X on May 12 along with a live countdown from Dune Analytics showcasing the milestone.

The exchange is currently handling $3.3 billion in daily trading volume according to Dune. Data from DeFiLlama places Uniswap at the top of the decentralized exchange market with a 23% share. PancakeSwap follows closely with $2.7 billion in volume and a 21 market share showing strong competition among leading DEX platforms.

Uniswap’s total value locked sits just under $5 billion which is around half of its 2021 peak. The overall DeFi market also reflects this trend with total value locked hovering at $124 billion per DeFiLlama and $132 billion per DappRadar. Ethereum remains the dominant force in the DeFi ecosystem securing more than half of the market’s total value.

Data

LATEST: Metaplanet Buys 1,241 More Bitcoins, Increasing Total Holdings to 6,796 BTC

Japanese investment firm Metaplanet has made a significant move by purchasing an additional $126.7 million worth of bitcoin. This latest acquisition brings the company’s total holdings to 6,796 BTC surpassing the bitcoin reserves of El Salvador. Metaplanet’s recent purchase of 1,241 BTC at an average price of $102,119 per bitcoin shows its commitment to expanding its crypto strategy.

CEO Simon Gerovich shared the news via X stating that the firm now holds $706.7 million worth of bitcoin based on current market prices. The firm aims to reach 10,000 BTC by the end of 2025. Metaplanet’s rise to surpass El Salvador highlights the growing influence of corporate bitcoin adoption in the global market.

Metaplanet began its bitcoin journey in April 2024 and has since financed its acquisitions through bond issuances. The company remains Asia’s largest publicly listed corporate bitcoin holder ranking 11th worldwide. The firm continues to challenge traditional financial systems with its strategic crypto investments.

Source

If You Bought Your Mom $100 In Bitcoin, Dogecoin And Ethereum Last Mother’s Day, Here’s How Much She’d Have Today

Roses are red, violets are blue, flowers are overrated, does Mom want crypto from you?

With Bitcoin BTC/USD soaring back over the $100,000 level and nearing all-time highs, children who bought their mom Bitcoin last Mother’s Day or have talked a parent into buying cryptocurrency in recent years may be celebrating the holiday more than others.

Here’s a look back at the historical returns of several cryptocurrencies on Mother’s Day last year.

What Happened: A new White House administration sent the price of Bitcoin and other cryptocurrencies to new all-time highs in November 2024. Another surge happened in January 2025 with Donald Trump sworn in as president and experts predicting a…

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NEW: BIS Report Reveals Increased Bitcoin Adoption During Economic Uncertainty

Bitcoin and other cryptocurrencies are seeing a surge in use during economic turmoil according to a new report by the Bank for International Settlements. The study shows crypto is gaining traction in countries facing high inflation costly money transfers or strict rules on moving money across borders. People are turning to Bitcoin and stablecoins like USDT and USDC as safer faster and cheaper alternatives when traditional financial systems fail.

The report highlights a sharp rise in cross-border crypto payments. Data shows these flows jumped from under $7 billion in early 2017 to over $800 billion by late 2021 before dipping during the crypto downturn. As of mid-2024 volumes have rebounded to around $600 billion. While Bitcoin once dominated 80 percent of these transactions its share now sits below 25% as users shift toward stablecoins for practical reasons.

Crypto use often spikes when governments impose capital controls or global financial stress increases. The report confirms that Bitcoin is no longer just an investment it is a critical tool in times of financial uncertainty.

BIS Report

Best Fast Payout Casinos: Which Casino Has Instant Withdrawal With No Verification? Expert Choice! – 7Bit Casino

JERSEY CITY, N.J, May 10, 2025 (GLOBE NEWSWIRE) — After exploring numerous online casinos, we found many fell short. Bonuses were lacking, game libraries were limited, and the experience felt underwhelming. Then we discovered 7Bit Casino, and it was a game-changer.

From the moment we signed up, 7Bit Casino impressed us with its generous welcome bonus, lightning-fast crypto payouts, and an extensive game selection. The platform is user-friendly, and everything runs seamlessly. 7Bit Casino truly shines as one of the top fast payout casinos available today.

7Bit Casino: A Leader in Fast Payout Casinos for 2025

7Bit Casino, a trusted name in the online gambling world, has been delivering…

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