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Michael_Johnn
📢 ICYMI — U.S. Crypto Session News Wrap
Here’s a quick rundown of today’s key updates from the U.S. session 👇
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📜 SBF seeks presidential pardon
Former FTX CEO Sam Bankman-Fried has officially filed a request for a presidential pardon from Donald Trump.
⚡ TON network activity surges
TON Strategy reported May staking rewards exceeding 3.3M TON, supported by recent network upgrades and increased participation.
💵 Dividend approval for STRC holders
Shareholders of Strategy have approved semi-monthly dividend payouts for STRC preferred stock, strengthening income distribution plans.
🏦 Institutions remain steady on BTC
A Coinbase strategist noted that institutional investors are not showing panic during Bitcoin’s pullback — instead, many view lower prices as attractive accumulation zones. 🧠
🔥 Hyperliquid gains attention from research
Citrini Research highlighted Hyperliquid as a strong investment case, pointing to solid cash flow generation and a large-scale token buyback program.
🤖 AI vs crypto debate continues
IC3 researchers argued that crypto still has “limited utility” in solving AI trust and payment infrastructure challenges, reigniting the ongoing debate.
🚔 Serious criminal case update
A co-conspirator involved in a bitcoin-related kidnapping and carjacking case has pleaded guilty, and now faces up to 20 years in prison following DOJ proceedings.
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🧠 Market takeaway:
Sentiment remains mixed — institutional confidence appears steady, while regulatory, legal, and research narratives continue shaping the broader crypto conversation.
⚠️ Educational summary only, not financial advice.
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