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๐Ÿ—ž Catch up on the news over the last 24 hours!

๐Ÿ”ฅ Bernstein analysts project companies worldwide could allocate up to $330B to Bitcoin treasuries within 5 years.

๐Ÿ‡บ๐Ÿ‡ธ The US House Financial Services Committee has released a discussion draft on the new crypto market structure bill.

๐Ÿ‡บ๐Ÿ‡ธ Florida's Bitcoin Reserve Bills HB 487 and SB 550 have failed after the legislature adjourned its 2025 session on May 2 without passing either bill.

โšก๏ธ OpenAI abandons plans to become for-profit, will maintain its nonprofit status with a new structure.

๐Ÿ”ฅ BlackRock spot Bitcoin ETF bought 5,640 $BTC worth $531.2M on May 5, totaling $4.6B of inflows in 15 days.

๐Ÿ”ฅ Binance founder CZ thinks Bitcoin price could top between $500,000 to $1,000,000 this cycle.

๐Ÿ‡ฌ๐Ÿ‡ง UK Treasury rules out national Bitcoin reserve, says following US lead not appropriate for its market.

๐Ÿ”ฅ Sol Strategies deploys full $20M from ATW deal to acquire 122,524 $SOL at an average price of $148.96.

๐Ÿ‡บ๐Ÿ‡ธ New Hampshire just signed a new law to allow the state to invest in cryptocurrency.

๐Ÿ‡บ๐Ÿ‡ธ Treasury Secretary Scott Bessent claims having a โ€œcentral bank digital currency (CBDC) is a sign of weakness.โ€

๐Ÿ“Š Bitcoin outperformed both gold and the S&P 500 last month.

๐Ÿšจ The US CFTC moves to drop its appeal against prediction market platform Kalshi.

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โšก๏ธ NOW: Trump-backed World Liberty Financial launches Snapshot vote to test its airdrop functionality by distributing free USD1 stablecoin to all eligible $WLFI holders.

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๐Ÿ‡ง๐Ÿ‡น JUST IN: Bhutan partners with Binance Pay and DK Bank to launch the world's first national crypto tourism payment system.

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๐Ÿ‡บ๐Ÿ‡ธ NEW: Arizona's second Bitcoin reserve bill SB 1373 has passed its Final Reading with Senate concurrence.

The bill now heads to Governor Hobbs, who recently vetoed the previous Bitcoin Reserve Bill SB 1025.

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๐Ÿ”ฅ JUST IN: Metaplanet bought 555 $BTC worth $53.4M, totalling to 5,555 $BTC on its balance sheet.

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๐Ÿ“Š LATEST: Large Bitcoin holders added 81,338 $BTC over the past 6 weeks while small traders dumped 290 $BTC, according to Santiment.

This divergence typically precedes price breakouts, suggesting bullish momentum ahead.

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๐Ÿšจ NEW: Coinbase becomes exclusive crypto partner for Riot Games' global League of Legends and Valorant esports events, bringing blockchain rewards to enhance fan experiences.

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๐Ÿšจ NEW: Vivek Ramaswamy's Strive Asset Management announces plans to go public via reverse merger with Nasdaq-listed Asset Entities to become a #Bitcoin treasury company.

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๐Ÿ‡บ๐Ÿ‡ธ JUST IN: The OCC clarifies national banks can buy and sell crypto assets at customers' direction and outsource custody and execution services to third parties with proper risk management.

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๐Ÿšจ BREAKING: Coinbase to acquire crypto options platform Deribit for $2.9B, expanding its offerings in the crypto derivatives market.

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๐Ÿ”ฅ JUST IN: Trump-tied World Liberty Financialโ€™s $USD1 stablecoin market cap surges from $130M to over $2B since late April.

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๐Ÿ”ฅ BULLISH: $ETH has reclaimed $2,000.

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๐Ÿ”ฅ MARKET UPDATE: Bitcoin has reclaimed 100k.

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๐Ÿ”ฅ BULLISH: CZ says, โ€œBitcoin is easy, just donโ€™t panic sellโ€.

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โšก LATEST: Stripe launches stablecoin accounts in 101 countries, enabling businesses to send, receive, and hold $USDC, $USDB, and more.

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๐Ÿšจ JUST IN: Trump announced a new trade deal with the UK lowering barriers for key goods, cutting auto tariffs to 10%, and exempting steel and aluminum from tariffs.

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๐Ÿšจ BREAKING: Former Celsius CEO Alex Mashinsky has been sentenced to 144 months (12 years) in prison for crypto fraud.

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โšก๏ธ NEW: After Bitcoin hit $100,000, Michael Saylor posted:

โ€œYou can still buy $BTC for less than $0.2 million.โ€

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๐Ÿ”ฅ BULLISH: Arthur Hayes says Bitcoin bottomed on April 9 and is now on track to reach $1 million by 2028.

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โšก LATEST: Stripe launches stablecoin accounts in 101 countries, enabling businesses to send, receive, and hold $USDC, $USDB, and more.

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๐Ÿšจ JUST IN: SEC has officially filed for a $50 million settlement with Ripple over XRP lawsuit.

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