🔸 Bitcoin edges lower as uncertainty over a U.S.–Iran peace deal weighs on markets. 🔸 Donald Trump remains skeptical of Iran’s proposal to halt attacks in the Strait of Hormuz in exchange for ending the war. 🔸 Sentiment has improved since February lows near $60,000, but momentum is fading near $80,000. 🔸 Bitcoin slips 0.7% to $76,335. $BTC $ETH
SEC’s Tokenization “Innovation Exemption” Plan Further Delayed🔴😔
According to crypto reporter Eleanor Terrett, the SEC’s tokenization “innovation exemption” has been delayed again, with details unlikely to be released soon. Sources said the delay may be linked to ongoing negotiations over the tokenization provisions in Section 10505 of the Clarity Act. Moving ahead with the exemption could disrupt compromises being negotiated among stakeholders, and the plan may remain on hold until the bill’s path becomes clearer.
Separately, the SEC postponed a public meeting scheduled for Friday on proposed rules and exemptions for crypto-asset financing transactions under “Regulation Crypto Assets,” citing a last-minute scheduling conflict. An SEC spokesperson said the agency would continue pursuing regulatory clarity for the crypto industry.
🚨#BREAKING 🇺🇸U.S. intelligence reportedly detected an🇮🇷 Iranian surface-to-air missile threat against Air Force One & learned Tehran knew the exact building & floor where President Trump was staying in Ankara. $ETH $BTC
Strategy CEO Phong Le: Company to Resume Bitcoin Purchases Later This Year
$BTC , Strategy CEO Phong Le stated that the company plans to resume accumulating Bitcoin later this year, despite recent sales of portions of its holdings that drew market scrutiny. Le noted that Strategy has purchased around 175,000 Bitcoin since the beginning of the year while selling roughly 7,000 BTC, making its buying volume about 25 times greater than its sales. He emphasized that proceeds from recent sales were used to support preferred stock dividends, share repurchases, and US dollar reserves, and the company will return to buying more Bitcoin throughout the course of the year.
Former Bitcoin Miner Firmus Raises $2 Billion as Nvidia Backs Its AI Infrastructure Pivot
Reuters reported that Firmus, an AI infrastructure company that previously operated as a Bitcoin miner, has raised $2 billion in equity funding at a post-money valuation of more than $10.5 billion. Nvidia and Coatue Management participated again in the round, while Blackstone-managed funds and Jane Street joined as new investors. The funding will accelerate Firmus’ AI factory buildout in Australia and support further expansion across Asia. $BTC
Optimism Projects 343M $OP to Enter Circulation Over the Next Year
Optimism Foundation released its annual budget update and outlook, projecting that approximately 343 million OP will enter circulation during Year 5 (May 2026–April 2027). The projected increase includes 200 million OP from the Ecosystem Fund, 47.6 million OP for Early Core Contributors, and 15.3 million OP for investors, with circulating supply expected to reach 2.504 billion OP, or 58.3% of the total supply. The Foundation emphasized that the tokens come from the original allocation framework and that no new token allocation has been requested.
Binance Sues Largest Crypto Card Company RedotPay, Alleges User Diversion and Seeks $472.8 Million
According to Bloomberg, Binance-affiliated entities Nest Trading, DistributedTechnologies and Chaintecs Consulting Singapore filed a lawsuit in Hong Kong against RedotPay co-founders Gao Zhangpeng, Chan Wa Choi and Yao Chao.
The lawsuit alleges that they breached an agreement by diverting more than 470,000 Binance users to RedotPay, causing $472.8 million in losses. RedotPay denied the allegations and said it would defend itself through the appropriate legal process. Chaintecs has also filed a lawsuit against RedotPay affiliates in Singapore, with a hearing scheduled for Friday. $BNB
Trump Media Transfers Another 2,628 $BTC , Estimated Cumulative #Losses Reach $555 Million🚨
🚨addresses linked to Trump Media (#NASDAQ : DJT) transferred 2,628 BTC, worth approximately $165 million, to Crypto com. The company was previously estimated to have acquired 11,542 BTC at an average price of about $118,500. Related addresses have transferred out roughly 7,281 BTC this year and currently hold around 4,261 BTC. EmberCN estimates combined realized and unrealized losses at approximately $555 million. Transfers to an exchange do not necessarily indicate a sale.