📰 What you need to know this Monday, May 5
📥 Last week, $1.81B in inflows were registered for BTC ETFs.
While the ETH ETF had inflows of $106.75M
🇺🇸 President Trump says: "I want cryptocurrencies. Cryptocurrencies are important because if we don't use them, China will."
While he says he wants to reach a fair trade agreement with China, he also adds a 100% tariff on imported films to the U.S.
🐳 Strategy buys 1,895 additional Bitcoins to surpass 555,000 BTC.
The purchase comes after Strategy announced a new fundraising plan of $21 billion last week to bolster its Bitcoin accumulation strategy.
🇰🇬 The founder of Binance, CZ, said he suggested BNB and BTC as one of the initial coins for Kyrgyzstan's national cryptocurrency reserve.
Meanwhile, Vaneck is getting ahead by filing for a BNB ETF.
⚠️ In the last 24 hours, 75,425 traders were liquidated, and the total liquidations reached $210.88 million.
The largest individual liquidation order occurred on HTX - ETH-USDT worth $2.36M.