#BTCBreaksATH
📈 Key Developments in Cryptocurrency This Week
🔹 Bitcoin Records All-Time High
The price of Bitcoin reached a new record level of $109,487 on May 21, surpassing its previous peak. This rise is attributed to increased investor interest and advancements in cryptocurrency legislation in the United States and Hong Kong.
🏛️ Legislative Progress in Regulating Stablecoins
The United States has made progress in regulating stablecoins, as the Senate has introduced the "GENIUS" bill to regulate digital currencies linked to the dollar. A final vote is expected after the Memorial Day holiday.
🍽️ Trump Hosts Dinner for Holders of His Digital Currency
President Donald Trump announced he will host a dinner at his golf club for holders of his highest-value digital currency "TRUMP." The top 25 holders will receive a special tour of the White House. This event has sparked widespread controversy, especially with the participation of prominent foreign investors.
⚖️ Fraud Charges Against Unicoin
The U.S. Securities and Exchange Commission (SEC) has charged Unicoin and three of its top executives, including CEO Alex Konanykhin, with fraud for raising over $100 million from investors through misleading statements.
