
Bitcoin reached a new all-time high approaching $112,000 amid significant market developments. The U.S. Senate made progress on the GENIUS Act for stablecoin regulation, signaling potential regulatory clarity. Former President Trump hosted a controversial dinner for $TRUMP meme coin buyers, while Coinbase achieved a milestone by joining the S&P 500 despite ongoing regulatory scrutiny. Meanwhile, crypto users face new security challenges as reports emerge of sophisticated phishing attacks targeting digital asset holders.
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SWFTGPT Daily is LIVE — Your AI-Powered Market Recap The crypto market is cooling off slightly, with total cap dipping 1.89% to $3.08T and trading volume down 15.6%. Top Takeaways: • BTC holds steady at $95,165, dominating 61.4% of the market • ETH slides 0.81% to $1,814.90
SWFTGPT Daily – May 6, 2025 Today’s Headlines: • BlackRock’s ETF adds 41K+ BTC ($3.92B) • ETH whale moves $2M to Binance after $3M+ in losses • Alex Mashinsky pleads for lighter sentencing • Kenya court orders Worldcoin to delete biometric data • Florida crypto bills
🇭🇰 Hong Kong to Issue First Stablecoin Licenses in March

**Hong Kong's stablecoin licensing regime is moving forward with its first approvals expected in March 2026.** The Hong Kong Monetary Authority (HKMA) has received 36 applications for stablecoin licenses, according to CEO Eddie Yue. This represents a significant reduction from the 77 institutions that had expressed interest as of September 2025. **Key details:** - First batch of approvals planned for March 2026 - Approval process will be strict and selective - Regulators are conducting thorough reviews of use cases, risk management frameworks, and reserve asset structures - Previous applicants included major banks like HSBC, ICBC (Asia), Bank of China (HK), and Standard Chartered The regulatory approach signals Hong Kong's cautious but progressive stance on stablecoin regulation, balancing innovation with financial stability concerns. The limited number of initial licenses suggests authorities are prioritizing quality over quantity in establishing the market.
🔗 BNB (ERC20) Now Available on BRIDGERS Cross-Chain Platform

BRIDGERS has added support for BNB (ERC20), enabling users to move the token across different blockchains. **Key Features:** - Non-custodial execution through smart contracts - Aggregated liquidity for routing - User-authorized transactions This addition follows recent integrations of USDC.E (POL), MANYU, and HYPE tokens. BRIDGERS now supports over 400 cryptocurrencies for cross-chain transfers. The platform allows users to find efficient routes for moving assets between chains while maintaining control of their funds through smart contract-based execution. [Access BRIDGERS](http://dapp.bridgers.xyz)
Worldcoin Adds Cross-Chain Support via Bridgers

**Worldcoin ($WLD) is now supported on Bridgers**, a cross-chain bridge platform that enables token transfers between different blockchains. **Key details:** - $WLD can now move across multiple chains through Bridgers' routing system - The integration aims to improve accessibility for users globally - Bridgers automatically optimizes transfer routes in the background - The service is non-custodial, meaning users maintain control of their assets Bridgers previously added support for $WLD on both ERC20 and World Chain networks. The platform handles the technical routing while users authorize transactions. [Access Bridgers](http://dapp.bridgers.xyz)
White House Crypto Summit to Address Stablecoin Interest Returns

The White House will host a crypto summit next Monday, bringing together top banking and crypto executives to advance crypto legislation. **Key Focus:** - Whether crypto firms can offer interest and other returns on stablecoins held for clients - Discussion aims to push forward stalled Senate crypto bill The meeting represents a significant step in establishing regulatory clarity for the crypto industry, particularly around stablecoin yield products.
SWFT Blockchain Launches AI-Powered Technical Analysis Tool

SWFT Blockchain has integrated technical indicators into its SWFTGPT feature, combining traditional market analysis with AI capabilities. **Key Features:** - Technical indicators for tracking market trends and momentum - AI-powered insights for crypto trading decisions - Real-time market data analysis - Available through the SWFT Blockchain mobile app The tool aims to help users make more informed trading decisions by merging classic technical analysis methods with artificial intelligence. Users can access these features by downloading the SWFT Blockchain app at [swft.pro/#Download](http://swft.pro/#Download).