Good morning fam โค๏ธ
Here is the top news of the week ๐ ๐๏ธ
๐ The United States cut tariffs on Chinese goods from 145% to 30% for 90 days and China also lowered tariffs on the US from 125% to 10% for 90 days.
๐ Michael Saylor's 'Strategy' bought 13,390 #Bitcoin worth $1.34 billion.
๐ ๐บ๐ธ US inflation fell to 2.3%, lower than expectations.
๐ Binance founder CZ said Abu Dhabi is the AI and blockchain center of the world.
๐ FTX will distribute over $5,000,000,000 to creditors on May 30.
๐ ๐ฆ๐ช NVIDIA and OpenAI partnered with UAE to help build one of the world's biggest AI data centers.
๐ Basel Medical Group $BMGL plans to acquire $1 billion Bitcoin.
๐ Eric Trump said it's a race to the top to accumulate as much Bitcoin as possible.
๐ Trump said "I'm a big fan of crypto"
๐ Trump's Executive Director of Digital Assets said #crypto is the next generation of finance.
๐ ๐ฆ๐ช Abu Dhabi's Sovereign Wealth Fund disclosed a $408 million investment in BlackRock's spot Bitcoin ETF.
๐ Donald Trump said Apple CEO Tim Cook "I don't want you to build factories and manufacture in India"
๐ ๐บ๐ธCoinbase CEO Brian Armstrong called on Congress to pass crypto stablecoin legislation.
๐ ๐ง๐ท Meliuz bought $28.4 million Bitcoin, becoming Brazil's first BTC Treasury company.
๐ ๐ท๐บ Russiaโs central bank has reported that Bitcoin is a top-performing asset in 2025.
๐ Twitter Founder Jack Dorsey said small businesses can be their own bank using Bitcoin.
๐ JPMorgan has officially settled its public transaction of tokenized treasuries.
๐ ๐ฆ๐ช Dubai partnered with Cryptoโคcom to accept crypto for government services.
๐ Coinbase will Join the S&P 500 on May 19.