🗞 Catch up on the news over the last 24 hours!
🔥 Bernstein analysts project companies worldwide could allocate up to $330B to Bitcoin treasuries within 5 years.
🇺🇸 The US House Financial Services Committee has released a discussion draft on the new crypto market structure bill.
🇺🇸 Florida's Bitcoin Reserve Bills HB 487 and SB 550 have failed after the legislature adjourned its 2025 session on May 2 without passing either bill.
⚡️ OpenAI abandons plans to become for-profit, will maintain its nonprofit status with a new structure.
🔥 BlackRock spot Bitcoin ETF bought 5,640 $BTC worth $531.2M on May 5, totaling $4.6B of inflows in 15 days.
🔥 Binance founder CZ thinks Bitcoin price could top between $500,000 to $1,000,000 this cycle.
🇬🇧 UK Treasury rules out national Bitcoin reserve, says following US lead not appropriate for its market.
🔥 Sol Strategies deploys full $20M from ATW deal to acquire 122,524 $SOL at an average price of $148.96.
🇺🇸 New Hampshire just signed a new law to allow the state to invest in cryptocurrency.
🇺🇸 Treasury Secretary Scott Bessent claims having a “central bank digital currency (CBDC) is a sign of weakness.”
📊 Bitcoin outperformed both gold and the S&P 500 last month.
🚨 The US CFTC moves to drop its appeal against prediction market platform Kalshi.