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👉 Bank of #America recently revealed its latest fund inflow data. 👉The past week saw an inflow of $11.9 billion into the stock market, $11.7 billion into bond funds, and $200 million into #cryptocurrency funds. @tokenize 🪙 | @cryptonerds 🪙

👉#Turkey is on the cusp of introducing its first-ever crypto regulation legislation, which will require all crypto service providers to be licensed by the Capital Markets Commission (SPK). 👉The law aims to align Turkey's growing #crypto market with international standards and address security concerns. It includes fees levied by the SPK and TÜBİTAK and may restrict foreign crypto brokers. 👉 The proposal, addressing FATF's security and reliability issues, is set for discussion on May 30. @tokenize 🪙 | @cryptonerds 🪙

🤑 Official data reveals that the circulation of TRC20-USDT has broken through to a historic high of 58.8 billion. 🪢 As of now, the number of TRC20-USDT holding accounts has reached 42.4 million, with the cumulative number of transfers exceeding 1.73 billion. @tokenize 🪙 | @cryptonerds 🪙

👉 President Biden's emergency order to halt the Chinese-tied #mining on the doorstep of a nuclear-missile base hit days after mining giant CleanSpark struck a deal to buy the property. 👉 The order, targeting the previous owner #MineOne with Chinese ties, marks the first presidential prohibition under the expanded authority granted to CFIUS and the president. @tokenize 🪙 | @cryptonerds 🪙

📣📣📣📣📣 👉 JPMorgan's report indicates that the cost of mining Bitcoin has dropped to around $45,000 due to inefficient #miners leaving the network. 🪢This change follows the #Bitcoin halving event and the introduction of the Runes protocol, which initially kept mining revenues stable by increasing #transaction fees. 👉However, as the effects of #Runes waned and Bitcoin prices fell, less profitable miners were forced out, reducing both the #hashrate and the cost of #mining. @tokenize 🪙 | @cryptonerds 🪙

🦵🦵🦵🦵 🇺🇸 Senator Cynthia Lummis calls for Senate approval on bill allowing highly regulated financial firms to hold Bitcoin and crypto. @tokenize 🤑 | @cryptonerds 🤑

👉Digital Yuan 👉 #HongKong is advancing the digital yuan trials, marking the first cross-border testing outside mainland #China. 👉 The HKMA will soon detail the city-wide rollout, enabling residents to open digital #yuan wallets and make cross-border payments more conveniently. @tokenize 🪙| @cryptonerds 🪙

👉Giants ETF Disclosure 👉 Major investment firms, including Millennium Management and Elliott Capital, have disclosed significant investments in spot bitcoin #ETFs. 👉Millennium, led by Izzy Englander, holds approximately $2 billion in various ETFs, with the largest in BlackRock's iShares #Bitcoin Trust. 👉 Elliott Capital revealed a $12 million stake in the same fund. Apollo Management also reported a substantial investment. @tokenize 🪙 | @cryptonerds 🪙

👉Digital assets 👉 Congressman Wiley Nickel urges #SEC Chairman Gary Gensler to withdraw SAB 121, citing its stringent guidelines on digital asset accounting. 👉 Nickel argues that the digital assets industry views the SEC’s policies as hostile and that they could harm broader #economic interests. @tokenize 🪙 | @cryptonerds 🪙

JUST IN: $66,000 Bitcoin @tokenize 🤑 | @cryptonerds 🤑

JUST IN: Andrew Tate says he's about to put $100 million in Bitcoin and "leave fiat completely." @tokenize 🤑 | @cryptonerds 🤑

Meme of the day 😂 @tokenize 🤑 | @cryptonerds 🤑

🪢 Anton and James Perell-Bueno, two brothers and university students in the US, were arrested for allegedly exploiting the #Ethereum blockchain to steal $25 million in cryptocurrency. 🪢 They are charged with manipulating Ethereum's #transaction protocols to commit this first-of-its-kind theft, facing charges of telecommunications fraud and money laundering, with each count carrying up to 20 years in prison. @tokenize 🪙 | @cryptonerds 🪙

💰#Mastercard has selected five startups—Kulipa, Parfin, Peak, Triangle, and Venly—for its blockchain development program. 👉 Kulipa (France) issues encrypted cards for digital wallets, Parfin (UK) creates software for financial institutions' blockchain adoption, Peak (Singapore) offers digital infrastructure for global applications, Triangle (US), and Venly (Belgium) focuses on easing blockchain integration for developers and businesses, fostering industry advancement and digital transformation. @tokenize 🪙 | @cryptonerds 🪙

👉 Pine Ridge Advisers, an #investment firm, has allocated $205 million, or 23% of its total assets, to #BlackRock IBIT, Fidelity FBTC, and Bitwise BITB, as reported by Eric Balchunas. @tokenize 🪙 | @cryptonerds 🪙

👉 BTC Spot ETF 📣📣📣📣📣 👉#Bitcoin spot #ETFs saw a significant net inflow of $100.5 million, with ARKB leading the surge at $133 million, followed by Fidelity's FBTC. 👉In contrast, Grayscale's GBTC experienced a net outflow of $50.93 million. @tokenize 🪙 | @cryptonerds 🪙

👉Blackrock’s Japan 👉 #Metaplanet, a Japanese firm, has adopted #Bitcoin as a reserve asset, investing one billion JPY into BTC as part of its treasury management amid Japan’s economic challenges. @tokenize 🪙 | @cryptonerds 🪙

🎥🎥🎥🎥 #Tornado Cash developer Alexey Pertsev was sentenced to 64 months in jail for money laundering. @tokenize 🪙 | @cryptonerds 🪙

🤑 #Ripple CEO Brad Garlinghouse clarified that his comments on the U.S. government's scrutiny of Tether were not an attack but a statement on the need for regulatory oversight of stablecoins. 🪢 Meanwhile, XRP saw a 194% spike in trading volume amid key legal proceedings with the #SEC. 🪢 Additionally, South Korea's Infinite Block became an #XRP Ledger validator, promising to enhance the XRPL ecosystem's reliability and regulatory compliance. @tokenize 🪙 | @cryptonerds 🪙