🔥🔥🔥 Market Brief Friday - 23/05
+ BTC continuously seeks new peaks, altcoins starting to stir:
ETH surpasses $2K7 +4.83%
HYPE +18.42%, creates new ATH
OP +11%
PEOPLE +14.8%
📝 ETF Spot session 22/05 [CT]
+ BTC up +$934.3M, BlackRock heavily accumulated +$876.7M - seventh consecutive positive session, highest in the last 4 months
+ ETH up +$110.5M, 4 funds purchased, BlackRock remained still
+ Dinner party of President Trump with top holder $TRUMP concluded without any notable statements, gathering many big names like Justin Sun, Jihoz (Ronin) and Jack Lu (Magic Eden) [CT]
+ The Supreme Court allows President Trump to dismiss leaders of 2 independent agencies, but does not apply to the Fed due to its special structure [CT]
+ WSJ: Major US banks like JPMorgan, BofA, Citi, and Wells Fargo are discussing plans to issue a common stablecoin to compete with the crypto industry [CT]
+ The state of Michigan proposes 4 Crypto bills, allowing investment in BTC, ETH in state pension funds and banning the issuance of CBDC [CT]
+ DEX exchange Cetus was exploited due to a protocol vulnerability, estimated damage ~$223M. The exchange quickly locked the smart contract, froze and recovered $162M [CT]
+ After identifying the hacked wallet and patching the vulnerability, Cetus is negotiating with the hacker to pay a white hat reward to recover the remaining funds as quickly as possible [CT]
+ Kraken launches a tokenized version of over 50 stocks and ETFs, including big names like Apple, Tesla, Nvidia, along with popular ETF funds [CT]
+ Jupiter is about to launch the Jupiter Lend lending protocol, allowing borrowing up to 90% of collateral assets, expected to launch this summer [CT]
🪂 Airdrop
+ Update Airdrop Assister - Vote to receive 100% Airdrop [CT]
+ SOON Airdrop update - List Upbit and announce TGE schedule + Airdrop [CT]
+ Update airdrop Beamable - Details about the Airdrop campaign [CT]
