๐๏ธ LAST WEEKEND CRYPTO + GLOBAL UPDATES (TL;DR)
๐ May Wrap-Up That Shook the Markets
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๐ป 1. Ukraine hits Russian bombers with 117 drones, causing $7B in damage.
๐ช Global tensions = market volatility.
๐ 2. Spot BTC ETFs see $5.24B inflow in May. Bullish momentum continues!
๐ฅ Institutions are loading up.
โ๏ธ 3. SEC says ETH & SOL staking ETFs from Rex & Osprey may not qualify.
Regulation keeps tightening.
๐ 4. Trump & Xi to speak this week on trade. Eyes on the call.
๐ 5. US Treasury Sec. Scott Bessent says โUS will never defaultโ.
Reassurance or just words?
๐งจ 6. China labels US as biggest threat to regional peace.
Markets watching closely.
๐ 7. China withholding products despite agreement โ says Bessent.
โ๏ธ 8. Trump warns: if courts block tariffs, โUS could be held hostageโ.
Trade war tensions rising.
๐ธ 9. Sharplink Gaming aims to raise $1B to buy ETH. Mega move?
๐ 10. Vitalik: Ethereum Layer 1 to scale 10x within a year, then pause.
ETH 2.0 momentum building.
๐ซ 11. Meta shareholders vote NO on adding Bitcoin to reserves.
Zuck still resisting crypto.
๐ฌ 12. JPM CEO Jamie Dimon: US should focus on weapons, not Bitcoin.
Old guard still hates crypto.
๐ผ 13. US Sec. of Commerce confirms: Tariffs are here to stay.
Long-term trade impact.
๐ฌ 14. Elon Musk launches โXChatโ โ with Bitcoin-style encryption.
Another step into crypto?
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๐ข Global chaos, crypto inflows, ETH scaling, and ETF tension โ
The worldโs heating up and so is crypto.
