Nation-states top the list with a $161.7 billion allocation built on a 5% swap of existing gold reserves into Bitcoin, equal to 1.62 million BTC.

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	Forwarded this email? Subscribe here for more Bitcoin balance sheet adoption could hit 20% of BTC supply by 2026 Nation-states top the list with a $161.7 billion allocation built on a 5% swap of existing gold reserves into Bitcoin, equal to 1.62 million BTC. May 24   READ IN APP   Happy Saturday! Big moves are reshaping the crypto landscape. Bitcoin could soon see up to 20% of its supply held on institutional balance sheets, with nation-states leading the charge. Pi Network grabs the spotlight as it launches 20x leveraged futures on Kraken, fueling debate over its true decentralization. Meanwhile, justice catches up with SafeMoon’s former CEO, who’s been convicted in a $200 million fraud scheme. Get the details on today’s most important stories below. Ad: Make the most of your crypto Start earning up to 14% interest, paid daily. Keep full access to your assets while they grow in your Savings Wallet. Start earning 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.43 trillion, with a 24-hour volume of $115.69 billion. The price of Bitcoin is $109,075.88, and BTC market dominance is 63.2%. The price of Ethereum is $2,556.43, and ETH market dominance is 9.0%. The best-performing sector is Fan, which gained 1%. The Crypto Fear & Greed Index is currently Greed (66). 📰 Top News Bitcoin balance sheet adoption could hit 20% of BTC supply by 2026 Nation-states top the list with a $161.7 billion allocation built on a 5% swap of existing gold reserves into Bitcoin, equal to 1.62 million BTC. Pi Network token makes derivatives debut on Kraken with perpetual futures offering 20x leverage The derivatives debut on signals growing institutional interest despite unresolved questions about Pi's decentralization and distribution. Former SafeMoon CEO Braden Karony convicted on all charges in $200M crypto fraud scheme SafeMoon CEO Braden Karony built a pipeline for theft, funneling investor funds through a web of pseudonymous wallets and laundering proceeds. Ad: TRON Network Strengthens Global Payment Infrastructure as Bridge, a Stripe Company, Expands Integration Enhanced Support Unlocks New Opportunities for Developers in Emerging Markets 📈 Latest Insights BlackRock’s IBIT leads all US ETF inflows following Bitcoin’s historic rally to new ATH 🗞️ More News Cetus posts $5M bounty for hacker’s ID amid centralization concerns on Sui freeze TRON Network Strengthens Global Payment Infrastructure as Bridge, a Stripe Company, Expands Integration Bad tokenomics kill good projects (here’s how to improve them) How to best leverage LSDFi? 📖 Latest Market Report This high beta Bitcoin proxy sector is lagging behind BTC price 2025 CryptoSlate's latest report dives deep into the performance of Bitcoin prxy stocks to analyze how their performance fares in comparison to Bitcoin's spot price, direct exposure products like ETFs, and indirect vehicles like MSTR. Questions? Get in touch with us here. Connect with us Telegram • Twitter • LinkedIn • YouTube • Instagram   Like Comment Restack   © 2025 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe