🎮 eBay rejected GameStop’s $56B takeover offer as “neither credible nor attractive.”

🕵️ A newly created wallet withdrew 331 $BTC worth $26.7M from Binance.

📝 #BTC Bitcoin to hit $1M in next five years, per VanEck’s Head of Digital Assets Research Matthew Sigel.

🇺🇸📝 #macro USA - ADP Nonfarm Employment (week) = +33k (expected - / previous +39.3k)

The first bounce after the bear market -99.8% drop 😂

🇺🇸📝 U.S. CPI: +3.8% Year-Over-Year (Est. +3.7%)
U.S. Core CPI: +2.8% Year-Over-Year (Est. +2.7%) #macro

🇺🇸📈 U.S. April seasonally adjusted Core CPI rose 0.4% MoM, above market expectations of 0.3%. This marks the highest reading since January 2025. #macro

🕵️ 500,000,000 $USDT (499,772,500 USD) transferred from Binance to Tether Treasury

🇩🇪💰 Elliptic, a blockchain analytics company, raised $120 million with the support of Nasdaq and Deutsche Bank.

🕵️ Michael Saylor's strategy is estimated to have already bought over 162 $BTC so far today, just minutes after market open.

🕵️ The Smarter Web Company bought 25 Bitcoin for £1.5M, increasing holdings to 2,830 Bitcoin. This reflects a 13.86% QTD #BTC yield.

💵 250,000,000 $USDC (249,963,749 USD) minted at USDC Treasury

🆕 #HYPE #ETF
21Shares has launched the spot Hyperliquid ETF on Nasdaq.

📊 May 12 Update:

Bitcoin ETFs:
1D NetFlow: -7 $BTC (-$566K)
7D NetFlow: +612 $BTC (+$49.41M)

Ethereum ETFs:
1D NetFlow: -1,183 $ETH (-$2.7M)
7D NetFlow: -2,742 $ETH (-$6.25M)

Solana ETFs:
1D NetFlow: +259,129 $SOL (+$24.62M)
7D NetFlow: +669,359 $SOL (+$63.59M)

🗣 “Bitcoin is unequivocally the best inflation hedge that there is.”

– Paul Tudor Jones #macro

🤝 #SOL #MORPHO #COIN Coinbase launches loans backed by Solana through Morpho. theblock

💰 #MOVE Movement acquired Canopy, integrating the vault level into its platform.

📊 Google $GOOGL is in talks with Elon Musk's SpaceX to launch data centers in space.

🗽 Senate officially confirms pro-crypto Kevin Warsh as Federal Reserve Governor.

🗣 Arthur Hayes says the AI arms race and rising global tensions could drive unlimited fiat printing. This scenario may create the perfect environment for a new crypto bull market.

🕵️ Binance CMO Rachel Conlan to Depart as Crypto Exchanges Reassess High-Cost Marketing Spending

Binance announced that Chief Marketing Officer Rachel Conlan will leave the company on June 15. Eowyn Chen, former Trust Wallet CEO, will serve as interim CMO, while Conlan will remain as an advisor during the transition.

This decision aligns with a trend among major crypto exchanges to reevaluate high-cost marketing expenditures due to softer market conditions. Bybit CEO Ben Zhou recently indicated that the exchange will not renew its Formula 1 sponsorship and will seek partnerships that provide greater commercial value.