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After the rally and records in the Bitcoin price, analysts talked about the possibility of new records and said that this is just the beginning.
Share link:In this post: Elon Musk, Tesla’s CEO, is now the wealthiest AI mogul with over $300 billion. The combined fortunes of the top 8 AI billionaires neared $1.5 trillion. Mark Zuckerberg has seen his net worth balloon by nearly $140 billion.
Share link:In this post: Cardano founder Charles Hoskinson has confirmed he will work with Trump’s administration to regulate crypto. Hoskinson emphasized he will spend the better part of 2025 on the political spectrum, working with lawmakers to foster clarity in crypto regulations. The crypto pioneer initially endorsed Robert F. Kennedy Jr., who is now part of Trump’s team.
- 06:01Panama City Mayor Mayer Mizrachi May Hint at Establishing Bitcoin ReservesAccording to a report by Cointelegraph, as reported by Jinse Finance, Panama City Mayor Mayer Mizrachi may have hinted at establishing a city-level Bitcoin reserve after meeting with two Bitcoin policy leaders from El Salvador. After meeting with El Salvador Bitcoin advisor Max Keiser and Bitcoin Office head Stacy Herbert, Mizrachi posted about "Bitcoin reserves" on social platform X on May 16. The three also discussed how Panama and El Salvador could use renewable energy to promote Bitcoin mining development, while Panama City will incorporate El Salvador's financial knowledge textbook "What is Money?" into its online library system. Panama City Mayor Mayer Mizrachi may have hinted at establishing a Bitcoin reserve
- 05:52Data: USDC Circulation Decreased by Approximately 800 Million in the Past 7 DaysAccording to a report by Jinse Finance, based on official data, Circle issued approximately 2.9 billion USDC and redeemed about 3.7 billion USDC within the 7 days ending May 15, resulting in a decrease in circulation of about 800 million. The total circulation of USDC is 60.5 billion, with reserves of approximately 60.7 billion USD, including around 7.3 billion USD in cash, and the Circle Reserve Fund holds about 53.4 billion USD.
- 05:52Huang Licheng Increases Holdings by 36,759 HYPE AgainOdaily Planet Daily News: According to on-chain data analyst Ember's monitoring, "Machi Big Brother" Huang Licheng spent another 1 million USDC to purchase 36,759 HYPE an hour and a half ago. Today, he has used a total of 1.75 million USDC to buy 64,043 HYPE, with an average price of $27.3.