Summary of Important Events in the Cryptocurrency Sector on May 156

JPMorgan: JPMorgan settles tokenized U.S. Treasury transactions for the first time through a public blockchain.

Coinbase: Coinbase CEO states that cryptocurrency will "become a part of everyone's 401(k) retirement account."

Bitcoin Price Prediction: Blockstream CEO indicates that Bitcoin could rise to $500,000 to $1,000,000 in this cycle.

Brazil Regulation: The Central Bank of Brazil proposes strict regulation on transfers of stablecoins.

Ukraine Plan: Ukraine plans to launch a strategic Bitcoin reserve based on new cryptocurrency laws.

France Security Conference: France will hold a security conference for the cryptocurrency industry to address a series of kidnapping incidents.

Tiger Brokers: Tiger Brokers (Hong Kong) launches cryptocurrency deposit and withdrawal services, supporting major cryptocurrencies like BTC and ETH.

Nebraska Bill: The Nebraska legislature passes LB 526, imposing new requirements and cost pressures on Bitcoin mining operations.

Democratic Party Action: The Democratic Party demands the Treasury provide a "suspicious activity report" regarding Trump’s cryptocurrency investments and mentions Sun Yuchen.

Cryptocurrency Startup Valuations: 10T Holdings reports that many cryptocurrency startups are scaring off venture capital firms with valuations of 50 to 80 times.

Financing: Vinanz secures $4 million in bridge financing to expand Bitcoin operations, with the first $2 million already received.

Collaboration: FalconX partners with Standard Chartered Bank, focusing on services for institutional cryptocurrency investors.

Bitcoin Security Budget: Etherealize co-founder states that Bitcoin's outlook is concerning due to security budget issues, as a 51% attack currently requires only $8 billion.

Bitcoin Market: BTC is currently priced at approximately $103,197, down about 0.42% from yesterday, with an intraday fluctuation range of $102,240-$105,863. There is a capital outflow phenomenon in Bitcoin ETFs, with about $96 million flowing out, led by Fidelity's FBTC. The current fear and greed index for the cryptocurrency market is 70, indicating a level of "greed."

Ethereum Market: ETH is currently priced at approximately $2,584.98, down about 3.13% from yesterday, with an intraday fluctuation range of $2,505-$2,699. On May 14, there was a net inflow of $13.5 million into U.S. spot Ethereum ETFs, with ETHV seeing a net inflow of $3 million and EZET a net inflow of $3.1 million.