Bitcoin Whale Moves, Fresh Exchange Launches, and Regulatory Shifts Rock Crypto

$670 Million in Bitcoin Transferred to Coinbase in Hours

On May 22, 2025, Coinbase, a leading U.S.-based crypto exchange, received a massive inflow of 6,016 BTC from multiple unknown whales, as reported by U.Today. The total value of these transfers exceeded $670 million and was executed in 13 separate, identical transactions. Specifically, 11 transactions each involved 463 BTC, while the remaining two involved 462 BTC and 461 BTC, respectively.

These transactions occurred during a significant Bitcoin bull run, with the cryptocurrency reaching a new all-time high of $111,915 and trading at $111,538 at press time. The timing of these transfers coincided with Bitcoin Pizza Day, sparking speculation about the motives behind the move. Some market participants suggest it could be a coordinated activity by a single institution preparing to sell off assets for profit. Despite the large transfers, Bitcoin’s price remained bullish, surging by 4.56% over the last day.

Total BTC Transferred	Value (USD)	Number of Transactions	BTC All-Time High	BTC Price at Press Time	24h Price Change
6,016 BTC	$670,000,000+	13	$111,915	$111,538	+4.56%

Large transfers to Coinbase often signal potential sell-offs by major players.
Despite the inflow, Bitcoin’s price remained strong and bullish.

Summary: Over $670 million in Bitcoin was moved to Coinbase in a matter of hours, coinciding with a new all-time high and sparking speculation about whale activity. (Source: U.Today)

KMBIO Launches Private Sale for LATAM-Focused P2P Exchange

KMBIO, a peer-to-peer (P2P) cryptocurrency exchange targeting the Latin American market, has officially opened its private sale round, according to GlobeNewswire. The platform is designed for everyday users rather than advanced traders, offering spot trading for over 100 cryptocurrencies, staking and farming with attractive rewards, and access to real-world financial tools such as cards, IBANs, and B2B accounts—all powered by the $KMBIO token.

The $KMBIO token enables participation in platform governance, access to premium features, and reduced trading fees. The private sale aims to raise funds for marketing and further development of the exchange, with key milestones planned for 2025, including the activation of staking and farming in Q3 and the integration of IBAN tools, cards, and B2B operations in Q4. KMBIO’s focus on Latin America is driven by the region’s high inflation, expensive remittances, and limited banking access, making it a prime market for decentralized financial solutions.

Private sale now open for investors interested in the LATAM crypto market.
Platform features include spot trading, staking, farming, and real-world financial tools.
Key 2025 milestones: staking/farming (Q3), IBAN tools/cards/B2B (Q4).

Summary: KMBIO is launching a private sale to fund its P2P exchange, focusing on accessible crypto solutions for Latin America, with major feature rollouts planned for 2025. (Source: GlobeNewswire)

Toobit: A Full-Service Crypto Exchange for Modern Traders

Toobit, launched in 2022 and backed by investors such as Bybit and Huobi Ventures, has quickly grown to over 3 million active users and more than $15 billion in daily trading volume, as reported by Bitcoinist.com. The platform distinguishes itself with flexible position management tools, allowing users to choose between split and merged trading modes. Toobit supports over 450 trading tools, including cryptocurrencies, derivatives, trading bots, and demo trading, and offers API integrations for institutional traders.

Copy trading is a key feature, with over 40 zero-slippage trading pairs and automated tools like Futures Grid and DCA (Martingale). The user experience is streamlined, with sign-up and deposit processes taking under two minutes. Toobit charges a 0.1% fee for buying crypto and 0.075% for selling, with no deposit fees and variable withdrawal costs depending on the blockchain. Security is a priority, with no recorded data breaches, 2FA, cold wallet storage, and regular audits by firms like Beosin and Elliptic. The platform also boasts a global community of over 200,000 members and supports 11 languages.

Active Users	Daily Trading Volume	Buy Fee	Sell Fee	Supported Tools	Community Members
3,000,000+	$15,000,000,000+	0.1%	0.075%	450+	200,000+

Flexible trading modes: split and merged positions.
Zero-fee crypto swaps and no account maintenance fees.
Robust security measures and global reach.

Summary: Toobit offers a comprehensive, flexible, and secure trading environment with low fees and advanced features, appealing to both retail and institutional traders. (Source: Bitcoinist.com)

Top Exchange Tokens to Watch This Summer

Brave New Coin highlights several exchange tokens that could be of interest to investors in summer 2025. Stabull (STABUL) is a niche innovator focused on stablecoins and real-world assets, operating on Ethereum and Polygon. It offers low trading fees of 0.15% and minimal slippage, with a current price of $0.4222 and a 24-hour trading volume of $35,111.47. The total supply is 9,750,000 tokens, and the platform handled over $2 million in stablecoin trades during its test phase.

BNB, the native token of Binance, is valued at $680.00 with a market cap of $99,222,617,433 and a circulating supply of around 145.94 million tokens. Its all-time high is $788.84. OKB, the token of OKX, is priced at $52.97 with a market cap of $3,179,372,010 and a circulating supply of around 60 million tokens. Its all-time high is $73.80. Both BNB and OKB offer fee discounts and access to new projects, with BNB also providing governance rights on the BNB Chain.

Token	Price	Market Cap	All-Time High	Circulating Supply	Trading Fee
Stabull (STABUL)	$0.4222	N/A	N/A	9,750,000	0.15%
BNB	$680.00	$99,222,617,433	$788.84	145,940,000	Varies
OKB	$52.97	$3,179,372,010	$73.80	60,000,000	Varies

Stabull targets non-USD stablecoins and real-world assets.
BNB and OKB offer stability and utility within their respective exchanges.
All tokens present different risk and reward profiles for investors.

Summary: Stabull, BNB, and OKB are highlighted as top exchange tokens for summer 2025, each offering unique features and growth potential. (Source: Brave New Coin)

Kazakhstan to License Crypto-to-Fiat Exchanges

Kazakhstan is moving to formally regulate cryptocurrency exchange services that convert digital assets into fiat, according to the Digital Watch Observatory. The National Bank will oversee licensing under new national rules, including platforms dealing with stablecoins. Yerlan Ashykbekov, head of the bank’s payment systems department, confirmed the introduction of a new category of licensed crypto exchange providers authorized to carry out crypto-to-fiat operations.

The central bank will define which cryptocurrencies can be bought or sold under the new framework, and licensed operators will fall under direct supervision by the National Bank. Exchanges based in the Astana International Financial Centre will remain under a separate regime, but the government aims to link both systems. This move aligns with President Kassym-Jomart Tokayev’s push to legalize crypto use and shift users out of the unregulated ‘grey zone.’

New licensing regime for crypto-to-fiat exchanges in Kazakhstan.
Direct supervision by the National Bank, including for stablecoins.
Goal: legalize crypto use and reduce unregulated activity.

Summary: Kazakhstan is introducing a licensing regime for crypto-to-fiat exchanges, aiming for greater regulation and oversight of digital asset transactions. (Source: Digital Watch Observatory)

Bybit Enables USDT Global Stock Trading; BitGo Launches CaaS Platform

Bybit, a UAE-based crypto exchange, has become the first major platform to allow users to trade global stocks directly with USDT, as reported by 99Bitcoins. As of May 19, 2025, Bybit users can access 78 global equities, including Apple, Tesla, Meta, NVIDIA, and Amazon, all powered by USDT. This integration allows traders to move seamlessly across asset classes from a single account and wallet, providing crypto-native speed and flexibility without fiat onboarding.

In parallel, BitGo has launched its crypto-as-a-service (CaaS) platform for financial institutions, offering secure wallet infrastructure, modular APIs, and compliance tools. The platform includes enterprise-grade wallet solutions, KYC/AML compliance, crypto trading and staking, customizable governance, custodial insurance up to $250 million, and 24/7 support. These developments support the UAE’s vision to become a hub for digital innovation and finance.

Bybit users can now trade 78 global stocks using USDT.
BitGo’s CaaS platform lowers the barrier for institutions to offer crypto services.
Both initiatives align with the UAE’s digital finance strategy.

Summary: Bybit is the first major exchange to offer USDT-based global stock trading, while BitGo’s CaaS platform enhances institutional access to crypto services in the UAE. (Source: 99Bitcoins)

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