Weekly Market Report. May 2, 2025

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May 2, 2025

Greetings, curious minds! Join us on a journey into the cutting-edge. This newsletter unveils the latest trends shaping our world.

Let’s explore together! 🌐🚀

🔥 Top Reads

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Crypto to accelerate AI adoption — LONGITUDE panel

Cointelegraph’s LONGITUDE Dubai edition brought together executives from Polygon and Near Protocol to explore the intersection of AI and blockchain.

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The Daily: Strategy’s ‘turbocharged’ $84 billion bitcoin plan, Movement Labs suspends co-founder Rushi Manche and more 🤔

In today’s newsletter, analysts remain bullish on Strategy’s “turbocharged” $84 billion bitcoin plan, Movement Labs suspends co-founder Rushi Manche following an alleged market-making scandal, Nasdaq-listed Fr8Tech plans to create a $20 million memecoin treasury and more.

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MEXC launches $300M Web3 fund, commits to ‘strategic investment’ 🧐

MEXC aims to invest $60 million annually in Web3 infrastructure, prioritizing strategic partners and AAA-level projects.

📈 Market Data

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🚨 Important News This Week

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AI

  • Smart contracts can think and respond like AI agents — Here’s how

  • El Salvador works with Nvidia to develop sovereign AI infrastructure

  • Meta Launches new standalone AI app, rivaling ChatGPT

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Tech

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Business

  • Trade War exposes China’s dependence on U.S. for auto chips

  • Apple Says Most of Its Devices Shipped Into U.S. Will Be From India, Vietnam

  • Riot Platforms posts Q1 loss, beats revenue estimates

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Crypto

  • Bitcoin ETFs, gov’t adoption to drive BTC to $1M by 2029: Finance Redefined

  • Norway’s sovereign wealth fund lost $40B in Q1— Will it hedge risk by increasing Bitcoin exposure?

  • Yum Brands posts higher profit, revenue amid complex environment

🚨 Notable Companies Secure Impressive Investments

  • Miden raises $25M in a Seed funding round
  • Camp Network raises $25M in a Series A funding round
  • Unto Labs raises $14.4M in funding round at $140M valuation
  • ZAR raises $7M in a Seed funding round
  • Gata raises $4M in a Seed funding round
  • Dinari raises $12.7M in a Series A funding round

🔥 Top 5 Blockchain & Crypto News of the Week

🚀 From market crashes to institutional power moves, here are the top headlines shaping the crypto world right now.

1️⃣ Ljubljana Tops Global Crypto Rankings

  • Slovenia’s capital beats out Hong Kong, Singapore, Abu Dhabi

  • Rankings based on licensing ease, taxes, housing, internet, crypto ATMs, and adoption

  • Sign of rising European crypto hubs

🔗 Read more: https://t.me/constantinkogan/1310

2️⃣ Altcoins Underperform vs Bitcoin, Says Swan

  • Most alts lose 90%+ value compared to BTC long-term

  • QTUM collapsed in 17 months, ADA in 36, even XMR slowly faded

  • HODLing works best for Bitcoin — not altcoins

🔗 Read more: https://t.me/constantinkogan/1311

3️⃣ Brazil’s Largest Bank Buys $210M in BTC

  • Itaú Unibanco takes major Bitcoin reserve position

  • Government-backed shift toward crypto in Latin America

  • Reflects growing institutional interest

🔗 Read more: https://t.me/constantinkogan/1312

4️⃣ Arizona Approves Bitcoin Reserve Bill

  • State can invest up to 10% of public funds in BTC

  • Bill awaits final signature from Governor Katie Hobbs

  • Part of broader U.S. state-level adoption trend

🔗 Read more: https://t.me/constantinkogan/1314

5️⃣ BlackRock Files for Blockchain-Based DLT Shares

  • Digital share class tied to a $150B fund using BNY Mellon infrastructure

  • Not an ETF, but mirrors fund ownership on blockchain

  • Sets foundation for tokenized traditional finance

🔗 Read more: https://t.me/constantinkogan/1316

💡 Want more in-depth analysis? Stay ahead of the curve—subscribe for the latest blockchain, DeFi, and Web3 news here! 🚀

🇦🇪 DubaiToken 2049

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🤣 Meme of the Week

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🫰Love What You Read?

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If you have any questions, please contact me directly in my email.

Sincerely,

Constantin Kogan

[email protected]