Exposure to Bitcoin can provide a unique financial opportunity for Apple’s stock purchase program, according to Michael Saylor of Strategy.
Saylor’s proposal follows a bitcoin (Btc) rally more than 11% since the beginning of 2025, which exceeds 18% of Apple’s distribution shares at the same time.
The description of a growing corporate shift, which is more traditional companies has adopted digital assets beyond Bitcoin.
On Wednesday, Interactive Strength (TRNR), a fitness equipment manufacturer listed in Nasdaq, announced plans to top up to $ 500 million to be established the largest corporate fetch.ai in the world (Fet) Token Treasury.
Meanwhile, an anonymous whale opens a $ 300 million leveraged bitcoin Bet, the speculation of speculation about the investor’s identity, as the long position opened hours after millionaire businessman James Wynn that he returned under an anonymous account.
“Apple should buy Bitcoin,” Saylor said, as sharing buying failures
Apple, the fourth largest company in the world by market capitalization, should buy Bitcoin to meet the poor performance of its stock buyback program, according to Strategy Executive Chairman Michael Saylor.
“Apple should buy Bitcoin,” Saylor said in a Tuesday x Post.
Saylor’s comment responded to Jim Cramer’s criticism of the Apple purchase program.
“Apple Buyback doesn’t work now,” Cramer wrote in an x Post.
“The company can leave it to earn a lot, or it may take some and combine. It’s not a badge of disappointment. It’s not just it,” he said.
Apple’s purchase program aims to reduce the number of outstanding shares and costs of returning to investors, According to to the $ 110 billion stock purchase approach announced at a May 2024 filing with the US Securities and Exchange Commission (SEC).
Apple’s stock has refused more than 17% since the beginning of the year.
At the same time, Bitcoin gained more than 17%, According to In data from tradingview. When it comes out, Bitcoin has risen more than 1,000% in the last five years, compared to a 137% increase in Apple’s shares.
Sec Chair Bashes is Gensler’s approach to Crypto, defend self-custody
The US Securities and Exchange Commission (SEC) Chairman Paul Atkins aims to goal the Crypto policies of the previous administration at a roundtable event that explores the regulation of digital assets.
At a Monday event chaired by the SEC’s Crypto Task Force entitled “Defi and the American Spirit,” Atkins Says The previous administration, which suggests the agency’s stance on digital assets under former chairman Gary Gensler, has taken a heavy approach by the courts. He added that SEC’s policies to staking as a service provider require Congress’s approval to have long-term authority, and touted self-custody as a “American foundational value.”
“I favor the linking more flexibility to market participants with self-crypto properties, especially where intermediation imposes unnecessary transaction costs or prevents the ability to engage in staking activities and other onchain activities,” Atkins told the event.
“Unfortunately, the previous administration disrupts the change in digital digital purses and other onchain technologies by considering through regulatory actions that those who develop such software can perform broker activities.”
FTX users resist to unlock $ 2.2 billion in still with recognized losses claims
The Bankrupt CryptoCurrency Exchange FTX faces fresh investigation from users who fight at least $ 2.2 billion worth of disputed claims that still pending approval, with many creditors constantly struggling to approve their payments.
FTX Recovery Trust initiates the second cycle of payments on May 30, paying $ 5 billion worth of digital properties to eligible creditors who have completed pre-distribution requirements.
However, at least $ 2.25 billion worth of payment remains a misunderstanding, according to estimates shared by Sunil, FTX Creditor and Customer’s Ad-HOC Committee member.
“Currently allowed claims: $ 7.5bn. Total estimated permitted claims: $ 10.6bn. 30% of allowable claims are debated – legitimate claims will be allowed,” Sunil wrote a Wednesday X Post.
The FTX estate holds an additional $ 6.5 billion worth of reserves for disputed claims, which is likely to be paid to the next distribution, Sunil told Cointelegraph, addition:
“I find most disputed (claims) allowed for the next distribution.”
“However, there are many uncertainty about Chinese claims, which make up 8% of losses’ claims,” Sunil said, adding that it is difficult to predict a timeline for these payments until a distribution provider supporting China has been announced.
Maplestory Revives Avalanche, leading 1 million -sun -day -day transactions twice a week
The Avalanche Blockchain has exceeded 1 million sun -day transactions twice a week, for the first time the network has hit this milestone since February 2024.
Avalanche transactions led the mark on June 1 and again on Saturday. Total transactions for the week starting June 2 to 5.8 million, the highest weekly total since early 2024, according to data from Blockchain Analytics platform Nansen.
The spike in activity is mainly driven by the universe of Maplestory, Avalanche mentioned In the X. Maplestory Universe is a web3 gaming ecosystem built in Avalanche. Its first game, Maplestory N, was launched on May 15.
Before the side-scroll online game game Got to the avalancheBlockchain’s daily transaction rarely leads to 500,000 in 2025.
Maplestory has become a typically cultural to players In 2000 and early 2010. It was a proto-metaverse for socializing, friendship and even forming romantic relationships.
Pancakeswap launches one-click crosschain swaps to simplify defi ux
The Decentralized Exchange (DEX) Pancakeswap launched one-click crosschain swaps using the entire protocol, aimed at addressing one of the most pressing issues in user experience (UX) in Decentralized Finance (DEFI).
Integration allows users to replace property without complex blockchain bridges or other external third-party infrastructure that complicates the user experience and have additional fees.
Intention -based transfers allow users to simply specify their desired outcome, such as changing the USDC (USDC) to the base for Wrapped in ether (Weth) in the arbitrum, and a network of relayers competes to fulfill the transaction.
The one-click crosschain token swaps are directly through the pancakeswap interface in the middle of the BNB chain, arbitrum and base, simplifying transfers to bound blockchain networks.
History, Crosschain activity relies Blockchain bridgeswhich has been proven weak.
In 2022, Axie Infinity’s Ronin Bridge was drained For more than $ 600 million worth of cryptocurrency to one of the biggest crypto exploits in history. The hack targets a private key multisignature scheme, a security proposal that has proven to be inadequate.
Overall -Defi Market
According to the data from Cointelegraph Markets Pro And tradingview, most of the 100 largest cryptocurrencies by market capitalization ended the week in red.
The Sonik (S) token reduced 14% as the largest collapse in the top 100, followed by Jupiter (Jupp) token, down by more than 13% in the weekly chart.
Thanks for reading our summary of the most affecting defi development of this week. Join us next Friday for more stories, perspectives and education about the dynamic advancement of this space.
