🗞 24-Hour Crypto & Market Update

▫️Bitcoin activity on-chain is at a 2-year low, even though price is back above $80K. This means fewer people are actively using the network despite the price rise.

▫️Strategy’s tokenized stock $STRC is now live on Ethereum, BNB Chain, and Solana, offering high monthly returns.

▫️ Offshore US dollar deposits have reached a record $14.5 trillion, showing strong global demand for the dollar.

▫️ Digital asset funds saw $117.8M inflows, making it 5 weeks of steady growth.

▫️ Coinbase is cutting about 14% of its staff, as Brian Armstrong says the company is shifting more toward AI.

▫️Kraken has partnered with MoneyGram to allow crypto-to-cash withdrawals in 100+ countries.

▫️ Arthur Hayes says: the more money governments print, the more valuable Bitcoin could become.

▫️ Brad Garlinghouse says AI is helping growth at Ripple, not replacing workers.

▫️ Cynthia Lummis says passing the Clarity Act is now a top priority.

▫️ Morgan Stanley plans to launch spot crypto trading later this year on its platform.

▫️ CME Group will launch Bitcoin volatility futures on June 1, giving traders a new way to trade market swings.

▫️ The Commodity Futures Trading Commission is starting to use AI to monitor trading activity.

▫️ Michael Saylor says they may sell some Bitcoin to pay dividends.

▫️ KelpDAO is moving rsETH to Chainlink’s CCIP, blaming earlier losses on infrastructure issues.

▫️ Meta is building a new AI shopping assistant for Instagram.

▫️ Strategy (linked to Saylor) reported a $12.5B loss in Q1 2026, mainly due to unrealized losses on its large Bitcoin holdings.
$BTC ‌#BitcoinHoldsFirmAbove80K