ChainThink Crypto Daily 5.16
Federal Reserve Chair Powell considers revising inflation targets, acknowledging that the era of "long-term low interest rates" may be coming to an end;
Spot gold returns to $3200; BTC returns to $104,000;
The US SEC is investigating whether Coinbase has inflated user numbers;
Hackers have had access to Coinbase customer data since January of this year, and Coinbase expects the data breach to result in losses of up to $400 million;
The Central Bank of Russia claims Bitcoin will become the best investment.
Abu Dhabi announces investment in BlackRock Bitcoin ETF.
DDC Enterprise launches Bitcoin reserve strategy.
MoonPay partners with Mastercard for stablecoin payment services.
US publicly traded company Addentax plans to buy 8,000 Bitcoins and mainstream cryptocurrencies like TRUMP;
BlackRock's BUIDL fund completes its first DeFi protocol integration, connecting to the Avalanche chain lending platform Euler.
FTX's main repayments will begin on May 30, with total allocated funds exceeding $5 billion;
