Main news of the day (May 30)
📉 Cryptocurrency market
**Bitcoin** has fallen below \$106,000 but has remained above \$100,000 for 20 consecutive days, which analysts consider a positive signal.
**Ethereum** demonstrates independence from Bitcoin: key metrics indicate a potential growth of #ETH in the near future.
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🏛️ Regulation and Politics
* **U.S. SEC** has withdrawn its lawsuit against the Binance exchange, which may indicate a softening of the regulator's stance towards the crypto industry.
* **Thailand** has announced the blocking of five crypto exchanges, including Bybit and OKX, starting from June 28.
* **South Korea** has allowed corporations to sell digital assets, lifting the ban that had been in place since 2017.
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🌍 Geopolitics and Crypto Initiatives
* **The Mayor of Panama** has proposed using Bitcoin to pay for the passage of ships through the Panama Canal.
* **The Reform Party of the UK** plans to create a state reserve fund in Bitcoins in case of winning the elections.
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🐋 Activity of Large Investors
* **Bitcoin whales** have started distributing assets, while small investors continue to accumulate #BTC , which may affect market dynamics.