Bitcoin’s seven-day price action was explosive, surged from $82,000 to over $94,000 within a week!
Due to volatility and continued macro uncertainty, BTC holds a strong holding of around $93,000. Momentum suggests that bullish emotions remain firmly intact as the week continues.
Jack Mullers and the investor group have officially announced 21 people, a bold new Bitcoin investment company with $500 million already committed. With over 42,000 Bitcoin in its capacity, Twenty One is formed through support from publicly available SPAC, Cantor Equity Partners. The new entities are also supported by Tether and SoftBank.
In the 13-minute video, the 21 next CEOs, Mallers, introduced new metrics such as BPS (Bitcoin per Bitcoin) and BRR (Bitcoin return rate), shifting their focus from FIAT profits to the growth of Bitcoin domination.
Unlike traditional ETFs, 21 aims to not only track prices, but also build an entirely new market centered around increasing Bitcoin per share.
The Trump Meme coins have been spiked by over 60%, jumping from $9.02 to $14.46 after the announcement that top 220 buyers will be invited to a private dinner with Donald Trump on May 22nd. Top 25 owners also receive VIP access and special tours.
The Meme Coin value is immersed, but the coin is part of Trump’s massive cryptographic push. This includes new exchanges and adopting his media company in crypto finance.
In response to criticism, White House assistant reporter Anna Kelly said, “President Trump’s assets are the trust that his children manage. There is no conflict of interest.”
Coinbase is one of at least 15 digital asset companies considering applying for a trust charter from the OCC. He will also apply for the Federal Bank Charter. This allows you to process your payments directly and operate safely without relying on traditional banks.
The push comes last month after major regulatory hurdles were removed and opened the door for digital asset companies to acquire national bank status under the crypto-friendly Trump administration.
“There should be a more federal, chartered digital asset bank, and we are proud that others will follow in our footsteps,” said Nathan McCauley, CEO of Anchorage.
The OCC shows openness, but the Federal Reserve is hesitant, citing potential systemic risks.
The story continues