BTCETF

@btcetf

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According to Forbes, US President Trump used the presidential seal podium at a private dinner for TRUMP holders of the Meme coin, which may be suspected of violating Section 713 of Title 18 of the United States Code. Violators may be sentenced to 6 months in prison or a fine. The US presidential seal is only used in official occasions. Previous presidents such as Obama and Biden have not used the logo in private business activities -Forbes

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DDC Enterprise Ltd, a cross-border consumer brand and e-commerce company between China and the United States, announced that it will adopt Bitcoin as a strategic reserve asset and plans to accumulate 5,000 Bitcoins within the next 36 months.

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The investment board of Wisconsin, a U.S. state, has liquidated its holdings of BlackRock Bitcoin Spot ETF (IBIT) in the fiscal quarter ending in March, with the original holdings worth about $321 million. The agency still holds about $19 million in Coinbase shares.

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Arthur Hayes: Foreign capital repatriation and the devaluation of the gargantuan stock of US treasuries will be the two catalysts that will power Bitcoin to $1 million sometime between now and 2028. I reduced risk, raised fiat, in late January. Then, it progressively dipped back into the market from late March to early April. We went maximum long in terms of outright crypto exposure during the Liberation Day week-long financial markets meltdown. Now is the time to decide what quality shitcoins can outperform Bitcoin in this next leg up in the bull market.

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Ukraine is considering partnering with Binance to create a national strategic Bitcoin reserve. Government officials confirm that a related bill is being drafted and will be submitted soon. Binance expressed support for Ukraine’s vision to establish a strategic crypto reserve

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MetaMask co-founder Dan Finlay said the team is still considering launching a native token. He noted that parent company Consensys has long planned to promote “progressive decentralization” across its products, including MetaMask, through token issuance. He added that if a token is launched, the information will be announced directly in the wallet with a provided link.

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On May 13, spot Bitcoin ETFs recorded a total net outflow of 96.14 million, with no net inflows across all twelve ETFs. Spot Ethereum ETFs saw a total net inflow of 13.37 million, with no net outflows across all nine ETFs.

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According to a filing in the U.S. Bankruptcy Court for the District of Delaware, FTX has canceled nearly 392,000 customer claims due to failure to complete KYC verification by March 3, totaling over $2.5 billion. FTX creditor advocate Sunil Kavuri estimates that this includes $655 million in small claims (below $50,000) and $1.9 billion in larger claims, accounting for a portion of the projected $3.36 billion in disallowed claims.

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Bitcoin developer Agustin Cruz published a draft Bitcoin Improvement Proposal (BIP) titled "Quantum-Resistant Address Migration Protocol" on the Bitcoin-Dev mailing list, proposing to force users to migrate funds from old addresses vulnerable to quantum attacks to quantum-resistant wallets through a hard fork.

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Arthur Hayes stated that Bitcoin holders need to learn to love tariffs. He noted that Bitcoin may have already decoupled from the Nasdaq and could become the purest leading indicator of fiat liquidity. While the Nasdaq closed down 5.82% yesterday, Bitcoin's intraday volatility was only 3%, ultimately ending the day with a gain.

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U.S. crypto and AI czar David Sacks said that the U.S. SEC has determined that fully-reserved, liquid, dollar-backed stablecoins are not securities. Therefore blockchain transactions to mint or redeem them do not need to be registered under the Securities Act.

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QCP: Tonight’s CPI print could set the tone for rate expectations, as markets now price in four Fed cuts this year, up from just one in January. Volatility is spiking. The VIX hit 28 before settling at 26.6, though the Cboe VIX term structure flipping into backwardation hints at a potential market floor.

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A whale who received 200,000 ETH from the Ethereum Genesis Block in 2015 transferred 3,370 ETH ($11.37 million) to Kraken today. He transferred 48,687 ETH ($171.78 million) to Kraken this year, with an average transfer price of $3,528. Currently, there are 7,594 ETH ($25.72 million) left

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According to Artemis Terminal, the total supply of crypto stablecoins has exceeded $200 billion, setting a new record, including USDT at 142.9 billion, USDC at 42.3 billion, USDe at 6 billion, DAI at 4.5 billion, FDUSD at 1.9 billion, and USDS at 1.2 billion.

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The suspected VIRTUAL official/early participant address has transferred a total of 8.75 million tokens to CEX in the past week, about $27.08 million, with an average price of $3.09; currently three associated addresses still hold tokens worth $181 million, according to @ai_9684xtpa.

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According to data from the Bank of Korea, as of the end of November, the total number of cryptocurrency investors in South Korea exceeded 15.59 million for the first time, accounting for more than 30% of the country's population, with total assets of US$79 billion and average daily trading volume approaching the total of the domestic stock market

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Aave and Lido’s total net deposits exceeded the $70 billion mark for the first time, ranking the top two in the DeFi ecosystem with $34.3 billion and $33.4 billion respectively, accounting for 45.5% of the total net deposits of the top 20 decentralized applications

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Good evening ✨

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Happiness looks good on you

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