📰 Brutal Markets News – May 26, 2025
🪙 Big Banks Dipping into Crypto?
Some of the biggest names in U.S. banking—JPMorgan, Bank of America, Citigroup, and Wells Fargo—are reportedly exploring the idea of launching a joint stablecoin. Yeah, the same banks that once frowned at crypto now want in. It's still early days, but if this moves forward, it could shake up the way stablecoins are used in traditional finance.
🏛️ U.S. Government Building a Strategic Bitcoin Reserve
This one’s wild: The U.S. government has started building a “Strategic Bitcoin Reserve.” Yep, just like oil, but digital. Trump signed an executive order to officially store part of the government’s BTC stash (roughly 200,000 BTC) as a national reserve asset. This is a first—and could signal massive long-term support for crypto from the top.
📱 Trump Media Wants $3B to Buy Crypto
Speaking of Trump, the Trump Media & Technology Group is planning to raise $3 billion—with a good chunk reportedly going into Bitcoin and other cryptos. They're pitching to big investors and looking to move fast. If it happens, that’s another major player throwing weight into the market.
💼 ETH’s Big Upgrade Quietly Launched
Ethereum’s “Pectra” upgrade quietly went live this month. It's not a flashy update, but it makes the network smoother and sets the stage for bigger things ahead. Fewer fees, faster transactions, and better dev tools—all part of the plan to keep Ethereum on top.
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