📰 What You Need to Know This Thursday, May 22
📥 Inflows of $608.99M are recorded into BTC ETFs.
The largest inflow was in the Blackrock IBIT ETF with an amount of $530.63M, while the ETH ETF had inflows of $587.13K.
💰 Strategy plans to raise an additional USD $2.1 billion to buy more Bitcoin.
The company is further deepening its BTC accumulation strategy, for which it plans a new round of issuing preferred shares.
🇨🇳 Chinese Vice Premier He Lifeng states that China welcomes U.S. companies, including JPMorgan, to deepen mutually beneficial cooperation with China - Xinhua.
🇺🇸 The White House cryptocurrency czar, David Sacks, says he expects the stablecoin bill GENIUS Act to be approved, which could unlock trillions of dollars for the U.S. Treasury.
⚠️ In the last 24 hours, 132,337 traders were liquidated, and the total liquidations reached $522.69 million.
The largest individual liquidation order occurred on Bybit - BTCUSD worth $6.36M.
