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💰 Bitcoin rallies to $65,000, triggering over $120 million in liquidations in 24 hours Bitcoin’s recent surge to $65,000, a level last seen on May 6, has sparked significant volatility in the digital assets market. Bitcoin has now seen a roughly 15% rally from the lows of May 1. Coinglass data shows that Bitcoin is now up over 5% on May 15, which has resulted in over $120 million worth of liquidations in the past 24 hours in the digital asset ecosystem. Both long ($54 million) and short positions ($66 million) were affected. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews

⚪️ Worldcoin seeks to set 'new standard' in data protection, says it deleted users' iris codes Worldcoin Foundation has released an open-source system that it claims can improve the protection of sensitive information, including the data generated when people sign up for the Worldcoin project. "The system, available now in a Github repository for any organization to use, aims to set a new standard for data protection, including the protection of biometric data," according to a statement. Worldcoin said the new open-sourced system is based on secure multi-party computation. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews

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💰 Bitcoin sees correlation with equities as Brazil’s 4-month trading volume hits $6 billion Kaiko Research said Bitcoin’s (BTC) correlation with equities is rising, with a 90-day correlation rising to 0.17 last week after hitting a multi-year low of 0.01 in March. Meanwhile, Brazil experienced a significant rise in volume and is outpacing the dollar. Bitcoin’s 90-day correlation with equities rose to 0.17 the week of May 5, above its multi-year low of 0.01 in March, according to the firm’s May 13 research report. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews

🇺🇸 US senators challenge DOJ’s broad definition of crypto money transmitters Two US lawmakers have opposed the Department of Justice’s (DOJ) attempt to expand the definition of a money-transmitting business. In a May 9 letter to US Attorney General Merrick Garland, Senators Cynthia Lummis and Ron Wyden argued that the DOJ’s broad interpretation could criminalize non-custodial crypto asset software services. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews

💰 Bernstein argues bitcoin's 'flattish' price action is great for public miners Analysts at research and brokerage firm Bernstein aren’t worried about the “flattish” price action of bitcoin, arguing that it can be great for miners — when economics are driven by competitive hash-rate wars. “Bitcoin price action has been flattish, but we don't fear any major drawdown here,” Gautam Chhugani and Mahika Sapra wrote in a note to clients on Monday. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews

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🏦 Coinbase can't force the 🇺🇸 SEC to write new rules, SEC argues in new brief The SEC has filed a new form arguing that Coinbase's petition to order the agency to develop a new regulatory system for crypto "from the ground up" should be denied. "The Commission’s determination that the rulemaking Coinbase seeks is currently unwarranted was both reasonable and reasonably explained," the SEC said, in a case before the U.S. Third Circuit Court of Appeals. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews

JPMorgan Chase Bitcoin ETF Investment Revealed JPMorgan Chase Bitcoin ETF Investment Revealed JPMorgan Chase, the largest bank in the United States, has unveiled its exposure to spot Bitcoin exchange-traded funds (ETFs) in a recent filing with the Securities and Exchange Commission (SEC). The filing, submitted on May 10, reveals that JPMorgan Chase Bitcoin ETF investments were provided by industry giants such as Grayscale, ProShares, Bitwise, BlackRock, and Fidelity. Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews

🇺🇸 Mark Cuban slams SEC's Gary Gensler, says 'crypto voters will be heard' in the 2024 election Billionaire Mark Cuban responded to former 2024 Republican presidential candidate Donald Trump's courting of crypto in a Friday social media post, claiming that crypto will play a large role in the 2024 election. "If Joe Biden loses, there is a good chance you will be able to thank Gary Gensler and the SEC," Cuban wrote on the social media platform X. "Crypto is a mainstay with younger and independent voters.". Source ⚫️ @TradingNews 💰 @BitcoinNews 🔵 @EthereumNew 🍰 @AltcoinNews ⚫️ @MetaverseNews 📊 @StockNews