🗞 Catch up on the news over the last 24 hours!
🚨Tether introduces QVAC, its new AI development platform for privacy-focused applications that run on local devices without dependence on centralized services.
🔥 Bitmex co-founder Arthur Hayes says, “The effects on foreign asset ownership will drive $BTC to $1 million and beyond by 2028.”
🇺🇸 House Democrats demand US Treasury reports on Trump's crypto ventures, citing concerns about potential misuse of political fundraising and foreign influence-seeking.
⚡️ Bernstein analysts point out Ethereum's recent price rally is driven by the growth in stablecoin and tokenization adoption, Layer 2 institutionalization and unwinding of ETH short positions.
⚡️Sui partners with 21Shares in strategic collaboration to expand global access and boost institutional interest in the Sui ecosystem.
🇺🇦 Ukraine is preparing to create a national #Bitcoin reserve as its MP Yaroslav Zheleznyak says work on draft legislation is underway, with plans to submit the bill soon.
🇺🇸 ETF FLOWS: Around 3,070 $BTC and 23,710 $ETH were bought on May 14.
🔥 Bitwise CIO says, “Our prediction is that Bitcoin is going to eclipse $200,000 by the end of the year.”
🔥 Nasdaq-listed blockchain firm BTCS to raise $57.8 million to buy #Ethereum as part of its digital asset and validator node operations strategy.
🇧🇭 Abraaj becomes the first public company in the Middle East to adopt a Bitcoin treasury strategy.
🔥Mastercard teams up with MoonPay to launch global stablecoin cards, enabling crypto payments at 150M merchants worldwide.
🚨 Coinbase says cybercriminals bribed overseas support agents to access customer data used in targeted social engineering attacks.
🇺🇸 US Core PPI drops to 2.4%, lower than expectations.
🔥 $BTC dominance dips from 64.4% to 61.6%, while $ETH rises to 9.75% (+3%) and alts climb to 22.35% (+2%).
🔥 Metamask co-founder confirms native $SOL support is coming this May.
🇨🇳 Chinese garment and logistics firm Addentax (NASDAQ: ATXG), is in talks to acquire up to $800M in Bitcoin and other cryptocurrencies by issuing new shares.
🇦🇪 The President of the UAE told Donald Trump that the relationship between their countries has taken a significant leap forward since he took office.
🚨 Michael Saylor said "sell a tooth if you must, but keep the Bitcoin."
🚨 FTX Recovery Trust will distribute over $5 billion to creditors in its second round of payouts on May 30, 2025.
🇦🇪 Abu Dhabi’s sovereign wealth fund, Mubadala, reported holding 8,726,972 shares of BlackRock’s Bitcoin ETF ($IBIT) worth $408.5 million.
⚡️ Steak N Shake will officially accept #Bitcoin starting tomorrow.
🇧🇷 Méliuz shareholders have approved Méliuz’s plan to transform in the first Bitcoin treasury company in Brazil.