🔥🔥🔥 Market News Wednesday - 21/05
+ BTC first closed a daily candle above $107K, currently at $106K, altcoins have yet to thrive
📝 ETF Spot session 20/05 [CT]
+ BTC up +$328.9M, BlackRock bought +$287.2M, along with 4 other parties - fifth consecutive positive session
+ ETH is up +$19.8M, due to Fidelity's purchases, BlackRock has no data yet
+ SEC Chairman Atkins was questioned for suspending the lawsuit against Justin Sun and the connection to $TRUMP, but affirmed that they are still closely monitoring and emphasized that memecoins are not considered securities [CT]
+ SEC continues to delay decisions on a series of ETF proposals for XRP, DOGE, and ETH staking [CT]
+ Argentine President Milei dissolved the committee investigating the memecoin LIBRA citing that the work is complete, raising suspicions about transparency [CT]
+ Founder of TechCrunch criticized Coinbase for being too cost-conscious in customer service leading to a data leak [CT]
+ Texas House passed bill SB 21 establishing the “Strategic Bitcoin Reserve Fund,” awaiting governor's approval to officially become law [CT]
+ The world's top private equity fund Blackstone publicly disclosed its exposure to Bitcoin for the first time, reporting holding 23K IBIT shares ~ $1.5M [CT]
+ DEX protocol Bancor sues Uniswap for allegedly unlawfully copying the patented AMM model [CT]
+ American private equity fund Strive plans to purchase 75K BTC ~ $8B from the Mt. Gox claims to establish a Bitcoin reserve fund, awaiting shareholder approval [CT]
+ Apollo’s private fund, issued by Securitize (backed by BlackRock), is about to be tokenized and brought to DeFi Solana via Kamino Finance [CT]
🪂 Airdrop
+ Update Giza - Check Airdrop Giza [CT]
+ Update Airdrop Solix - Launching Solix Verify Badge [CT]
+ Update Airdrop Portal - Launching Portal Community Hub [CT]
