DeepNewz
Markets
Arthur Hayes Predicts Bitcoin to $1 Million by 2028, Citing Trump's Policies and Declining US Treasury Confidence
Arthur Hayes, co-founder of BitMEX, predicts that Bitcoin will reach $1 million by 2028, driven by changes in foreign asset ownership and a decline in confidence in US Treasury bonds
TradFi & Fintech
Saudi Arabia Central Bank Acquires 25,656 Shares of MicroStrategy, Gaining Bitcoin Exposure
The Saudi Arabia Central Bank has disclosed in a recent SEC 13F filing that it holds 25,656 shares of MicroStrategy Inc
TradFi & Fintech
State of Wisconsin Investment Board Exits Bitcoin ETF Position Entered Last May, SEC Filing Shows
The State of Wisconsin Investment Board has fully exited its position in a Bitcoin exchange-traded fund (ETF), according to a recent Securities and Exchange Commission (SEC) filing
CeFi
FTX Recovery Trust to Distribute More Than $5 Billion to Creditors on May 30
FTX Recovery Trust, the entity overseeing the bankruptcy estate of the collapsed crypto exchange FTX Trading Ltd
Regulation & Politics
Hong Kong Enacts Article 23 Subsidiary Legislation with 7-Year Jail Term, 6 Prohibited Sites, and Police Blocking Journalists
Hong Kong has enacted new subsidiary legislation under its homegrown national security law, specifically strengthening Article 23
TradFi & Fintech
Mastercard and MoonPay Enable Bitcoin and USDC & USDT Payments for 1.54 Billion Users at 150 Million Merchants
Mastercard, valued at $500 billion, has announced a partnership with MoonPay to enable over 1
DeFi
Starknet Integrates 1:1 Backed Bitcoin LST LBTC, Advances to Stage 1 ZK Rollup Amid sBTC on Sui
Starknet, a layer-2 scaling solution for Ethereum, has partnered with Lombard Finance to integrate LBTC, a Bitcoin liquid staking token (LST) backed 1:1 by native Bitcoin, into its ecosystem
