Crypto News. May 13, 2025

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DeFi

BlackRock filed to enable in-kind redemptions for its Ethereum Trust — they can now stack ETH directly.

The U.S. and China agreed to cut tariffs to 30% and 10%, down from 145% and 125% respectively.

GalaxyHQ acquired $10M $S through Sonic token sale

MicroStrategy buys 13,390 BTC for $1.34B — avg. price: $99.8K.

There's a new meta on Solana by Believeapp called Internet Capital Market. It's a crypto launchpad for web2 companies.

Flywheel: Tag Launchcoin on X with a product idea. This creates a coin tied to the idea. If demand surges, increasing the market cap, the coin will migrate to a DEX where fees are split between creators and early buyers (believers).

Coins like Launchcoin, Dupe, and Vine have been leading the charge.

IMO, wait and bid a coin with an outstanding product, cos utility will separate wheat from the chaff

News Extra

Pumpfun now shares 50% of PumpSwap revenue with coin creators. In my opinion, this makes coin creators richer while the community only hopes the coin isn't a rug.

Franke DeGod resigns from Degods