Strategy will beat all public equities with Bitcoin, analyst says

Michael Saylor’s Strategy, one of the world’s largest corporate holders of Bitcoin, could become the top publicly traded equity one day, according to a Strategy analyst.

Strategy will be the “number one publicly traded equity in the entire market” because of its future financial strength enabled with Bitcoin (BTC), Strategy analyst Jeff Walton predicted in the new Financial Times documentary, Michael Saylor’s $40 billion Bitcoin bet.

The company currently holds about 568,840 Bitcoin, worth roughly $59 billion, and Walton believes that advantage could push it past all other publicly listed firms in the future.

“Strategy holds more of the best assets and the most pristine collateral on the entire planet than any other company, by multiples,” Walton said.

Strategy raised $12 billion in 50 days

The analyst pointed to the firm’s ability to rapidly raise capital as another indicator of its

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Kazakhstan to become ‘Central Asia’s crypto hub’ with reforms: Minister

Kazakhstan has the potential to become a leading crypto hub in Central Asia if regulatory restrictions are eased, according to Kanysh Tuleushin, the country’s first vice minister of digital development, innovation and aerospace industry.

In a recent op-ed for the Kazakhstanskaya Pravda newspaper, Tuleushin said digital mining and smart policy shifts could position Kazakhstan as a regional leader in blockchain innovation.

“If all restrictions were lifted and digital asset trading was allowed across Kazakhstan, the impact could be significant,” he wrote.  

“Kazakhstan might become Central Asia’s crypto hub,” Tuleushin added, suggesting that broader legalization and taxation could add hundreds of billions of the country’s tenge currency to the national budget.

He called for nationwide crypto rules, transparent exchanges and legal crypto ATMs.

Binance’s CZ signed an MOU with Kazakhstan in 2023. Source: CZ

Related: Kazakhstan mulls Binance, Bybit for

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SEC delays Solana ETF as decisions for Polkadot, XRP loom

The US Securities and Exchange Commission (SEC) has pushed back its decision on a proposed spot Solana exchange-traded fund (ETF), with the cryptocurrency industry now looking to the deadlines for the Polkadot and XRP-based ETFs in June.

The SEC pushed its decision on listing Grayscale’s spot Solana (SOL) Trust ETF on the New York Stock Exchange (NYSE) to October 2025, according to a May 13 filing by the securities regulator.

Delay on Grayscale’s Solana ETF. Source: SEC

The decision came the week after the SEC delayed its ruling on Canary Capital’s Litecoin (LTC) ETF, Bloomberg Intelligence analyst James Seyffart wrote in a May 5 X post.

Source: James Seyffart

Spot ETFs are viewed as key drivers of liquidity and institutional adoption for digital assets. For

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Asia’s wealthy shifting from US dollar to crypto, gold, China: UBS

High-net-worth clients across Asia are gradually pivoting away from US dollar-based investments, favoring gold, cryptocurrencies and Chinese assets instead, according to financial services giant UBS Group.

“Gold is getting very popular,” Amy Lo, the Swiss bank’s co-head of wealth management for Asia, said during Bloomberg’s New Voices event held in Hong Kong on May 13.

She cited rising geopolitical uncertainty and persistent market volatility as primary factors behind the shift. Investors, traditionally concentrated in US-centric assets, are now seeking broader exposure across alternative asset classes, including crypto, commodities and other currencies.

Lo said “volatility is definitely here to stay,” prompting clients to rebalance toward perceived safe havens and growth opportunities in new regions.

China, after years of muted interest, is also regaining traction among the ultra-wealthy. Lo noted that clients who previously avoided exposure to China are now proactively asking about investment opportunities.

Hong Kong’s benchmark index, heavily composed of

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Bitcoin miners halt sales as BTC gains 20% since hash ribbon 'buy' signal

Key points:

Bitcoin miners have stopped selling their BTC in what may signal the end of a lengthy distribution streak.

Over the past month, miner wallet balances have increased by around 2,700 BTC.

Hash Ribbons data shows good times continuing for both miners and BTC price strength.

Bitcoin (BTC) accumulation by miners is back as network participants swap selling for hodling at $75,000 lows.

Data from onchain analytics firm Glassnode shows that miners are now actively adding to their BTC reserves.

Bitcoin miners buck months of selling

Bitcoin hitting multimonth lows in April sparked a sea change in miner behavior, with a lengthy selling streak reversing into significant accumulation.

Glassnode shows that shortly after BTC/USD bottomed just below $75,000, the balance in miner wallets itself found a floor, only to then start increasing along with price.

Miner wallets held 1,794,622 BTC on April 12,

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Standard Chartered scales institutional crypto banking with FalconX

Global bank Standard Chartered has beefed up its banking support to the cryptocurrency industry by inking a new partnership with the crypto prime broker FalconX.

Standard Chartered will provide a comprehensive suite of banking services to FalconX’s global institutional clients following the strategic partnership announced on May 14.

As part of the collaboration, FalconX will initially integrate Standard Chartered’s banking infrastructure and access to a range of diverse currency pairs for its institutional clients.

The partnership ultimately aims to include a broader range of offerings and mutual opportunities, the announcement noted.

Crypto support beyond banking

The partnership is expected to “expand beyond banking” into additional products and services designed to meet evolving crypto demand from both FalconX and Standard Chartered’s institutional clients.

The joint services will target a broad range of clients, including asset managers, hedge funds, token issuers and payment platforms, the companies said.

Matt Long, FalconX’s general manager of APAC

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Ex-SEC Chair Gary Gensler privately supported crypto — McHenry

Former US Securities and Exchange Commission (SEC) Chair Gary Gensler may not have been as hostile to crypto behind closed doors as he appeared to be in public, according to former US Representative Patrick McHenry.

In a May 13 appearance on the Crypto in America podcast, McHenry revealed that during private meetings with Gensler, the former regulator expressed a far more nuanced view of digital assets.

“Did he come across, or was he as anti-crypto in private as he did in public?” McHenry was asked. His response: “No… Nope.”

McHenry noted that Gensler “saw the value of digital assets” and acknowledged the potential of blockchain technology during his time at the Massachusetts Institute of Technology.

Gerald Gallagher, general counsel at Sei Labs, also noted that Gensler played a role in developing the concept of the airdrop during his academic work, calling it a largely forgotten chapter in his background.

However, once Gensler became SEC chair,

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The Q-Day Prize challenge, explained: Can quantum computers really break Bitcoin?

What is the Q-Day prize?

The Q-Day Prize is a challenge to make the Bitcoin network quantum resistant.

On April 16, 2025, quantum computing-focused company Project 11 announced the “Q-Day Prize,” a competition to break a “toy version” of Bitcoin’s cryptography with a quantum computer. Contestants must complete the Q-Day Prize challenge by April 5, 2026.

Their reward? 1 Bitcoin (BTC).

The “Q” in Q-Day refers to quantum computing, the potential threat to many existing cryptographic security measures. 

But can quantum computers break Bitcoin? Let’s find out.

Quantum computing and the threat to Bitcoin

Bitcoin utilizes the SHA-256 hashing algorithm, a National Security Agency (NSA)-developed encryption algorithm. SHA-256 prevents brute force attacks against the Bitcoin network, as decrypting it with current hardware can take decades. However, the emerging threat to SHA-256 is quantum computing, a method of computing that harnesses quantum physics and is much faster than traditional

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Kima joins Mastercard sandbox to enable stablecoin card top-ups

Decentralized settlement protocol Kima has integrated into Mastercard’s sandbox program, enabling stablecoin-powered top-ups for prepaid cards directly from self-custody wallets.

According to an announcement shared with Cointelegraph, Mastercard partners can now rely on Kima’s settlement infrastructure to enable their prepaid cards to be topped up with stablecoins, including USDC (USDC) and Tether’s USDt (USDT), from self-custody wallets across more than 10 blockchains.

Kima CEO Eitan Katz said the integration shows that stablecoins can be practical for everyday use, removing friction and intermediaries from crypto-to-fiat conversions while expanding crypto usability.

“Our goal at Kima is to eliminate barriers between digital assets and traditional finance,” Katz said.

Related: Mastercard tokenized 30% of its transactions in 2024

Infrastructure designed for interoperability

Katz described Kima’s settlement system as asset-agnostic and designed to simplify cross-ecosystem payments, supporting public blockchains, private ledgers and traditional banking rails:

“Kima’s

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Alarm bells ring in US over OpenAI’s crypto project World

World Network, the digital identity and crypto project of Sam Altman’s OpenAI, has alarmed privacy activists ahead of its United States launch, with observers concerned over its data collection and protection practices.

World “is the opposite of privacy. It’s a trap,” said Nick Almond, CEO of FactoryDAO, on X. While the project claims to protect user privacy in the age of proliferating AI, it’s faced a slew of regulatory concerns across the globe.

Formerly known as “Worldcoin,” the iris-scanning technology and its crypto token payout scheme are being probed by authorities in India, South Korea, Italy, Colombia, Argentina, Portugal, Kenya and Indonesia. In Spain, Hong Kong and Brazil, it’s outright banned.

World’s latest foray into the US could prove to be CEO Sam Altman’s biggest challenge yet, where privacy concerns are heightened by a patchwork of enforcement that differs state by state.

Varying privacy laws could leave World

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