Institutional & Corporate Moves
BlackRock continues accumulating Bitcoin, signaling strong institutional confidence.
MicroStrategy purchases 6,911 BTC ($584.1M) at an average price of $84,529 per BTC.
Metaplanet adds 150 BTC ($12.6M), bringing total holdings to 3,350 BTC.
Major Market Events
Mt. Gox transfers 11,501 BTC ($1.01B) to two wallets, raising concerns about potential sell pressure.
Turkey bans short selling and eases buyback rules after a sharp market plunge following the arrest of Istanbul’s mayor.
The US Treasury pushes ahead in the Tornado Cash lawsuit, arguing that a final court ruling is unnecessary.
Regulatory & Adoption Developments
Chainlink partners with Abu Dhabi’s ADGM to develop compliant tokenization frameworks and enhance blockchain adoption in regulated financial markets.
21Shares expands in Europe with three new crypto ETPs on Nasdaq Stockholm.
Fidelity files for an on-chain US Treasury Fund on Ethereum, expected to go live on May 30.
Notable Transactions & Investments
Trump-backed World Liberty Financial buys 3.54M MNT (~$3M), per Arkham data.
US authorities return $7M to victims of a crypto scam involving fraudulent investment platforms.
Market Forecasts & Speculation
Arthur Hayes predicts Bitcoin will hit $110K before retesting $76.5K.
The IMF acknowledges digital assets as both a means of payment and a store of value, reinforcing crypto’s role in global finance.
Exchange & Industry News
Binance suspends an employee for alleged insider trading related to a Token Generation Event.
Trump Media partners with Crypto.com to launch "Made in America" ETFs for digital assets and stocks.
