🔥BlackRock chains 18 days of positive flows on its Bitcoin ETF
Welcome to the Saturday May 10, 2025 Daily Tribune ☕️
Hello Cointribe! 🚀
Today is Saturday, May 10, 2025, and as every day from Tuesday to Saturday, we summarize for you the news from the last 24 hours you shouldn't miss!
But first…
✍️ Cartoon of the day:
A quick look at the market…
🌡️ Temperature:
Sunny ☀️
24h crypto recap! ⏱
📈 BlackRock chains 18 days of positive flows on its Bitcoin ETF
BlackRock’s Bitcoin ETF records 18 consecutive days of inflows, reaching a market capitalization of 63 billion dollars. This momentum strengthens Bitcoin, which is approaching its all-time high of 109,000 dollars.
🇺🇸 Morgan Stanley estimates that the United States should accumulate 3.7 million bitcoins
Morgan Stanley considers Bitcoin important enough to be included in international monetary reserves. The bank estimates that the United States should hold about 3.7 million bitcoins to align their position with that of other international reserve currencies.
🔒 Ethereum under pressure but remains unshakable according to Sygnum
The bank Sygnum praises Ethereum’s robustness in the face of current challenges. Despite competition from Solana, Ethereum maintains its dominant position thanks to its resilience and the confidence of institutional investors.
💵 USD1, the stablecoin supported by the Trump family, becomes the 7th largest stablecoin in record time
The USD1 stablecoin, launched by World Liberty Financial and supported by the Trump family, reaches a market capitalization of 2.2 billion dollars in less than two months. Issued on the Ethereum and Binance blockchains, USD1 is backed by US Treasury bonds, dollar deposits, and other cash equivalents.
Crypto of the day: Gala (GALA)
Gala is a Web3 ecosystem focused on entertainment, encompassing video games, music, and cinema. Initially launched on Ethereum, Gala developed its own blockchain, GalaChain, to offer faster transactions and reduced fees. This infrastructure allows developers to create decentralized applications and custom tokens, facilitating the integration of blockchain technology into various entertainment sectors.
The GALA token is used as a medium of exchange within the Gala ecosystem. It allows buying digital assets, participating in network governance, and rewarding node operators who support the infrastructure. The initial distribution of GALA was done via rewards to network participants and private sales. GALA holders benefit from privileged access to ecosystem products and can influence development decisions.
Recent performance:
Current price: $0.02043 USD
24-hour change: +5.7%
Market capitalization: approximately 907.9 million dollars
Rank on CoinMarketCap: #83
Bitcoin surpasses Amazon: a turning point in the hierarchy of global assets!
On May 8, 2025, Bitcoin crossed a symbolic milestone by becoming the fifth most valued asset worldwide, with a market capitalization of over 2.03 trillion dollars — surpassing Amazon’s. This progress highlights the gradual shift of Bitcoin into the category of systemic assets on a global scale.
A capitalization rivaling traditional capitalism giants
By surpassing Amazon, Bitcoin now positions itself just behind Apple, Microsoft, Saudi Aramco, and Alphabet. Unlike these companies that rely on classical business models — revenues, profits, centralized governance — Bitcoin establishes itself as an atypical asset: with no revenue, no hierarchical structure, but with a unique proposition of algorithmic scarcity and monetary neutrality.
This rise reflects not only growing institutional adoption but also an implicit recognition of its role as a store of value in a uncertain monetary and geopolitical context.
A strategic asset in structural mutation
BTC’s performance since the beginning of 2025 (+56% YTD) is the result of a convergence of factors: capital inflows via spot ETFs, halving dynamics, clearer regulation, and increased demand from emerging markets. Its current valuation translates a perception transformation: Bitcoin is no longer a peripheral speculative asset, but a strategic diversification tool in institutional portfolios.
The comparison with Amazon, a tech giant whose annual revenues are close to 500 billion dollars, highlights the value the market assigns to a decentralized monetary protocol based on distributed trust rather than cash flow generation.
Bitcoin surpassing Amazon is not just a market fact: it is a geo-economic signal. It consecrates Bitcoin’s entry into the restricted circle of globally influential assets, capable of attracting massive flows without relying on a classical business model.
At a time when lines are shifting in global finance, Bitcoin imposes a new form of value: digital, autonomous, apolitical — and now comparable to the pillars of globalized capitalism.