Last night, the buying of Bitcoin ETFs took a break, with only 5 million in capital inflow, and only BlackRock was buying, with 69 million in capital inflow. Other ETF issuers are seeing capital outflows. However, MicroStrategy is still strong, revealing last night that it purchased 1.34 billion worth of Bitcoin between May 5-11 at an average price of 99,856. Additionally, the Nasdaq-listed real estate tech company DeFi Development followed MicroStrategy's lead by buying 100 million worth of Sol;
Moreover, SEC Chairman Paul Atkins announced his vision for crypto regulation, adopting a friendlier approach to digital assets and fully criticizing the previous chairman Gary Gensler. He also expressed support for the transition from traditional finance to crypto finance, which essentially indicates clear support for RWA;
Furthermore, last night, Trump's media Truth Social denied the rumors of issuing a Meme coin, but while not issuing memes, they might issue something else. Previously, they mentioned plans to launch a utility token, potentially in the form of points. It is said that points can be traded and used to purchase NFTs, and holding $trump can quickly earn points. In short, it seems aimed at empowering Trump;
The Mayor of New York City announced plans to ramp up cryptocurrency initiatives before the crypto summit on May 20. It is said that the mayor wants to convert his entire salary into Bitcoin, aiming to make the U.S. the global crypto capital, which is certainly a positive development;
Last night, Dell rejected a shareholder proposal to include Bitcoin in the company's treasury, which is a minor negative; the Korean Democratic Party established a digital asset committee before the presidential election, which is a positive;
Animoca Brands is planning to go public in New York, keep an eye on $moca, which has already surged and pulled back; Coinbase's stock will join the S&P 500 index next week, which explains why it rose so much last night, gaining mainstream recognition.