“Plus: SCB10X’s New CEO, Kaweewut Tempwapat, Predicts Cleerr Regulations and Fintech Innovation in Thailand Will Drive Stronger Crypto Deal Flow Flow Across Southeast Asia.”, – WRITE: www.coindesk.com
Uniswap’s Uni Token Surged from $ 6.00 to $ 6.65 Over The Past 24 Hours, Pushing The Token Up 5%, While The Broader Market Gauge Coindesk20 Index Fell 1.8% in the Last 24 Hours. This Momentum Coincides with Uniswap Recorder ITS HIGHEEST MONTHLY TRANSACTION VOLUME SINCE FEBRUARY, PROCESSING OVER $ 73 Billion in Trades and Generation More Thran Notable Whale Re-Ent-Ented the Market by Acquiring Nearly $ 4 Million Werth of Uni.
Scb10x’s New CEO SEES US-ASIA Crypto Dealflow, AI OpportunitiesKaweewut Tempuwapat, The New Ceo of Scb10x, The Venture Arm of Thailand’s Scb Bank, SEES SIGNFICANT OPPORTUPTNITIES EMERGING AT THE INTERSECTION OF AI, Crypto, and Web3. “We definitely [are] Going More on ai and Also Crypto and Ai Plus Crypto, “Tempuwapat Told Coindesk, Highlighting These Hybrid Investments As Firmly” Under Our Radar. ”
HE PREDICS CLEARER CRYPTO REGULATION IN THE U USE FULL INCREASED DEAL FLOW INTO Resilient Asian Markets, Noting Scb10x’s Early Success Investing In Ripple: that Technology for the Last Five to Six Years in Our Scb App. ”
Tempwapat praized Thailand’s proactive and innovative regulators, Highlighting the Country’s Robust Payments Infrastructure. He Expects Thai Banks, Including Scb, Could Soon Directly Hold Crypto Tokers On Their Balance Sheets, Initial ThoUgh Regulatory Sandboxes: [it] in a small scale. ”
Trader James Wynn Shifts from Billion-Dollar Bitcoin Bets to Memecoins, Goes Long PepePseudonymous trader “James wynn,” Known for High-Stakes Crypto Bets on Decentralized Platform Hyperliquid, Has Shifted Focus from Billion-Dollar Bitcoin to Posit. Levered $ 1 Million Bet on Pepe (Pepe), Coindesk Reported Earlier.
Previoses, Wynnnnnnn Closed A Massive $ 1.2 Billion Bitcoin Long Position at A $ 17.5 Million Loss, Before Pivoting To A $ 1 Billion Short Position at 40x Leverage Bitcoin’s Downside. That short briefly Netted Wynn about $ 3 Million in Profit Before Closing, Marking One of the Largest Trades Ever Execurated Fully on -chain.
WynnnnunCed Stepping Back from Perpetual Trading After Securing A Cumulative Profit of $ 25 Million, Earned From An Initial Investment of Just Over $ 3 Million. The Trader’s Latest High-Leverage Pepe Position Has Already Gained $ 500,000 AMID A NEARLY 6% RISE IN THE MEMEEIN’S VALUE.
Strategy Buys Another 4.020 Bitcoin for $ 427m, Total Holdings Surpass 580k BTCStrategy (Mstr), The Largest Corporate Holder of Bitcoin, Purchased An Additions 4.020 BTC Between May 19 and May 25 for Roughly $ 427 Million, Bringing ITS Total Holdings Tota 580 Reported. The Acquisition Was Funded Through Three Seprate at-The-Market Equity Programs, Including Sales of Common and Preferred Stock Toting Approximately $ 427 Million.
TheSE Latest Bitcoin Purchases Were Execurated at An Average Price of $ 106.237 per Coin, Pushing Strategy’s Total Investment in Bitcoin to Over $ 40.6 Billion, At An A AVERAGE COST BILLION COST Billion. The Acquisitions Reflect the Company’s Ongoing Commitment to Expanding It Sizable Bitcoin Holdings Through Regular Capital Raises and Share Issuances.
Market Movements:
- BTC: Bitcoin Holds Steady Near Record Levels AROUND $ 109,000, Consolidating Gains Despite Tariff-Indeced Valativity, As Long-Term Investors Continue Acccumulating Amid.
- Eth: Ethereum Maintains Resilience Above $ 2,500 Amid Volatility and Cautiooos Whale Behavior, Supported by Continued Institutional Inflows Into Spot Eth Etfs.
- GOLD: Gold Dips Slightly on Tariff Delay But Stays Above $ 3.310 As Deficit Conceerns Fuel Bullish Outlook.
- Hang Seng: Hong Kong’s Hang Seng Opened Lower, Trading Above 23,304, Led by Tech Losses, Including Meituan’s 4.9% Decline.
- Nikkei: Japan’s Nikkei 225 Dipped 0.13% Tuesday Morning as Markets Assessed Trump’s Tariff Delay.
- S&P 500: Closed for Memorial Day.
Elsewhere in Crypto …
- WHAT IT WAS LIKE Inside the Trump Crypto Dinner (Decrypt)
- Solana Eyes Alpenglow for Next-Gen Consensus Layer (Blockworks)
- Trump Media Group Plans to Raise $ 3BN to SPEND ON CRYPTOCURRONCies (Financial Times)
- Pakistan Taps Surplus Power Capacity to Fuel Bitcoin Mining, AI Data Centers (Coindesk)
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