🇺🇸👮 White House Signals Imminent Strategic Bitcoin Reserve Update
Patrick Witt, executive director of the White House President’s Council of Advisors for Digital Assets, announced that a formal update on the U.S. Strategic Bitcoin Reserve is nearing release. He cited a “breakthrough” regarding the legal basis, custody arrangements, and an interagency reporting framework. The reserve was established by President Trump’s March 6, 2025 executive order, which directs Treasury to custody forfeited BTC in the reserve and prohibits selling BTC held there.
Patrick Witt, executive director of the White House President’s Council of Advisors for Digital Assets, announced that a formal update on the U.S. Strategic Bitcoin Reserve is nearing release. He cited a “breakthrough” regarding the legal basis, custody arrangements, and an interagency reporting framework. The reserve was established by President Trump’s March 6, 2025 executive order, which directs Treasury to custody forfeited BTC in the reserve and prohibits selling BTC held there.
🇨🇳🗽 “China’s Buffett” Opens First Position in Circle
Prominent investor Duan Yongping—often dubbed “China’s Buffett”—disclosed a first-time stake in Circle Internet Group (CRCL) in his Q1 2026 SEC 13F filing. He bought 200,000 shares at an average cost of about $95.41, totaling roughly $19.08 million. This position represents about 0.095% of his roughly $20 billion portfolio, indicating a small allocation. Notably, Duan had previously stated in July 2025 that he was not interested in stablecoins, making this purchase a significant shift. #regulation
Prominent investor Duan Yongping—often dubbed “China’s Buffett”—disclosed a first-time stake in Circle Internet Group (CRCL) in his Q1 2026 SEC 13F filing. He bought 200,000 shares at an average cost of about $95.41, totaling roughly $19.08 million. This position represents about 0.095% of his roughly $20 billion portfolio, indicating a small allocation. Notably, Duan had previously stated in July 2025 that he was not interested in stablecoins, making this purchase a significant shift. #regulation
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😱 #BTC K33 Research: The current bear market of Bitcoin is different from previous ones. "Exclusively pessimistic" traders are holding back the decline.
🇺🇸🐳 Whale and institutional transactions:
1. The US government transferred 319 #ETH ($673k), 643,035 #DAI, and 290,416 #USDT (confiscated funds from FTX Alameda) to Coinbase Prime's account.
2. Two wallets simultaneously opened 10x long positions on #PEPE, with a total volume of 924.7 million kPEPE ($3.37 million).
1. The US government transferred 319 #ETH ($673k), 643,035 #DAI, and 290,416 #USDT (confiscated funds from FTX Alameda) to Coinbase Prime's account.
2. Two wallets simultaneously opened 10x long positions on #PEPE, with a total volume of 924.7 million kPEPE ($3.37 million).
🇺🇸🏆 On May 19 (ET), U.S. spot Bitcoin ETFs recorded total net outflows of $331 million, with BlackRock’s IBIT accounting for $326 million of the outflows.
Spot Ethereum ETFs saw total net outflows of $62.30 million; Bitwise’s ETHW posted the largest single-day net inflow at $0.76 million.
Spot Ethereum ETFs saw total net outflows of $62.30 million; Bitwise’s ETHW posted the largest single-day net inflow at $0.76 million.
🕵️ Tether and Gnosis jointly led a $4.4 million seed funding round for Sorted Wallet, a mobile-optimized wallet.
GOLDMAN SACHS SOLD $152M XRP
THEY SOLD $500 MILLION OF ETHEREUM
THEY SOLD $450 MILLION OF BITCOIN
THEY BOUGHT $HYPE
THEY SOLD $500 MILLION OF ETHEREUM
THEY SOLD $450 MILLION OF BITCOIN
THEY BOUGHT $HYPE
💼 #ZAMA Zama Acquires TokenOps To Deploy Encrypted Token Distributions For Institutional Issuers:
🇬🇧🤔 The Bank of England plans to publish draft rules for systemic stablecoins next month and finalize them by year-end, while it may set temporary limits on total stablecoin issuance to mitigate early risks.
Bank of England Deputy Governor for Financial Stability Sarah Breeden stated at London’s City Week 2026 that the central bank’s future strategy will focus on tokenization to modernize UK finance. She emphasized that the future retail payment system should include interchangeable forms of money, such as tokenized deposits, regulated stablecoins, and a potential retail CBDC. #stablecoin
Bank of England Deputy Governor for Financial Stability Sarah Breeden stated at London’s City Week 2026 that the central bank’s future strategy will focus on tokenization to modernize UK finance. She emphasized that the future retail payment system should include interchangeable forms of money, such as tokenized deposits, regulated stablecoins, and a potential retail CBDC. #stablecoin
🇬🇧📊 WhiteBIT Launches UK Platform With GBP Rails via Faster Payments
WhiteBIT, one of Europe’s largest crypto exchanges, has launched a dedicated UK platform, whitebit uk, to expand into the UK’s regulated financial market. The exchange will offer spot trading, market analytics, and instant swaps for retail and professional users, along with GBP deposits via bank cards and the UK Faster Payments Service (FPS).
WhiteBIT, one of Europe’s largest crypto exchanges, has launched a dedicated UK platform, whitebit uk, to expand into the UK’s regulated financial market. The exchange will offer spot trading, market analytics, and instant swaps for retail and professional users, along with GBP deposits via bank cards and the UK Faster Payments Service (FPS).
💰 Circle Cofounder Raises $30 Million for Series A ‘AI-Native Bank’ Catena Labs: Fortune
🇺🇸🏦 Former CFTC Chair Timothy Massad stated that a US CBDC is still being explored behind closed doors, despite Trump's public opposition. #regulation
📊 TradingView data shows Bitfinex bitcoin margin longs rose to 80,636 BTC, the highest since December 2023. This increase of about 1.5% in recent days and roughly 10% year-to-date comes despite bitcoin's decline of 13% this year, dropping from above $80k to around $76k. Bitcoin is now testing the True Market Mean and short-term holder realized price near $78k, with the 200-day moving average above $81k.