📈 Market Highlights

Bitcoin $BTC surged to a new all-time high, surpassing $110,000 for the first time on May 21, driven by optimism surrounding U.S. regulatory developments and institutional interest .Investopedia

Ethereum $ETH experienced a slight decrease, trading around $2,504 .

Altcoins such as Binance Coin $BNB XRP, and Cardano (ADA) showed mixed performance, with some experiencing modest declines .Investopedia

📰 Key Developments

U.S. Regulatory Progress: The U.S. Senate is advancing the GENIUS Act, aiming to establish a regulatory framework for stablecoins, which has contributed to positive market sentiment .

MicroStrategy's Bitcoin Holdings: MicroStrategy's Bitcoin holdings have reached a value of over $63 billion, reflecting over $23 billion in unrealized gains .Crypto Briefing

Trump Administration's Crypto Initiatives: President Donald Trump signed an executive order establishing a Strategic Bitcoin Reserve and a Digital Asset Stockpile, positioning the U.S. as a leader in the crypto space .Wikipedia

Tether's AI Integration: Tether announced the development of Tether.ai, a decentralized AI infrastructure designed to operate across a blockchain environment, integrating digital assets like USDT and Bitcoin .Hoka News

🌍 Global Events

Crypto Conference in Dubai: Boba Network is set to participate in the "Scale x Surge Crypto: Recruitment Rumble" conference in Dubai on May 22, focusing on recruitment and networking within the crypto industry .TradingView

Argentina's $LIBRA Scandal: Argentina is grappling with a political scandal involving the $LIBRA cryptocurrency, promoted by President Javier Milei, which led to significant investor losses and allegations of fraud .

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