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#CryptoComeback According to Bloomberg, U.S. Democratic senators have asked the Treasury and DOJ to clarify whether Binance is linked to the Trump family, citing concerns over USD1 being used to fund Abu Dhabi’s $2B investment in Binance. They also questioned Binance’s continued U.S. operations and whether a pardon for CZ has been sought, requesting a response by May 21. $BTC
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U.S. stocks added $1.5tr in value on April 22, fully recovering losses from the previous trading day. Bitcoin also rebounded to $93,817, its highest level since early March. #CryptoMarketCapBackTo$3T $BTC
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🔥 MANTRA founder to burn entire OM token allocation MANTRA blockchain founder John Patrick Mullin has announced he will burn his 150 million OM tokens — worth $82 million at current prices — in an effort to restore trust after the token’s price plummeted over 90% on April 13 📊 The team is also in talks with partners to expand the total burn to 300 million OM (16.5% of total supply), a move that would reduce the network’s bonded ratio and increase staking rewards $BNB
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🇺🇸 Cynthia Lummis’s plan gains supporters Two more U.S. politicians have backed the senator’s proposal to purchase 1 million BTC. Previously, Lummis urged the U.S. to sell its gold and buy Bitcoin.#BTCRebound
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The ECB has warned that U.S. support for crypto under Trump could pose financial risks to Europe and called for changes to MiCA rules. The European Commission dismissed the concerns, saying current regulations are sufficient. The key issue is the potential threat of USD stablecoins to Eurozone monetary sovereignty. $XRP #BinanceAlphaAlert
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