Crypto Compass by BitcoinWalletSG #125

📊 Corporate Crypto Craze: Boost or Bubble?

Around 60 non-crypto companies are loading up on Bitcoin, ETH, SOL, and XRP to boost their stock prices. While it may excite investors short-term, analysts warn these moves add leverage and risk — potentially triggering sharp market selloffs if prices turn south.

📈 Crypto Funds Surge to New Heights

Crypto investment funds hit a record $167 billion AUM in May, fueled by $7.05 billion in fresh inflows—the biggest monthly gain since December. Bitcoin funds received $5.5 billion, while Ether funds added $890 million. Investors are turning to crypto both as a hedge against U.S. equity weakness and bond volatility, and as a diversification tool

🚀 Circle IPO Ignites Fintech Frenzy

Stablecoin issuer Circle made a flashy debut on the NYSE: its shares jumped approximately 48% on Friday (June 6), extending a blockbuster market entry that began with a 67% gain the previous day—marking a near quadrupling from its $31 IPO price and valuing the company around $32 billion.

🇸🇬 Singapore Sets the Bar for Crypto Due Diligence

The MAS has issued strict new guidelines requiring financial institutions to verify the source of crypto wealth through wallet login, on-chain analysis, and transaction records. The framework introduces tiered risk assessments and is expected to influence global regulatory standards.