Michael Saylor may increase his holdings of Bitcoin
Strategy founder Michael Saylor has once again released information regarding the Bitcoin Tracker. He stated, "I only use money that I can afford to lose to buy Bitcoin." According to previous patterns, Strategy always discloses information about increasing Bitcoin holdings the day after related news is released. -Original text
Institutional investors lead the rise of Bitcoin.
Odaily Planet Daily News Coindesk analyst Aoyon Ashraf stated that Bitcoin reached a historic high this week, mainly driven by institutions, while retail investors were almost "absent" from this round of rising market. A quick search using "Bitcoin" as a keyword on Google Trends reveals that the kind of search frenzy seen during the 2021 bull market is completely absent now. Although there was a brief surge of retail enthusiasm during the U.S. presidential election, a rapid wave of Meme coins briefly ignited market sentiment at that time. However, that wave of enthusiasm has long since faded. Despite Bitcoin breaking through $111,000 to set a new historical high this week, the prices of Meme coins have quickly fallen, leading to a cooling of retail enthusiasm. Even though Bitcoin has set a historic high, traders remain cautious, as seen from the lower funding rates and increased short positions. The current market sentiment shows a trend towards more sustainable trading behavior, which may pave the way for long-term gains.
SecureTech will establish a Bitcoin treasury.
Web3 solutions and cybersecurity company SecureTech has released an update on its strategic plan for 2025, disclosing that the company expects to achieve revenue of $10 million in the 2025 fiscal year. Additionally, it will establish a Bitcoin treasury reserve program, including digital asset acquisitions and Web3 innovation strategies, as well as continuously assess acquisition and investment opportunities in the blockchain and fintech sectors. -Original text
The inflow of Bitcoin ETFs in the United States reaches a record high.
The cumulative net inflow of the US Bitcoin spot ETF was $44.499 billion, continuing to hit a record high. -original
Xu Zhengyu stated that Hong Kong is developing stablecoins.
According to a press release from the Hong Kong Special Administrative Region Government, the Secretary for Financial Services and the Treasury, Hui Ching-yu, stated that Hong Kong is currently developing the virtual asset market while simultaneously developing the gold commodities market. Hong Kong will create new financial sectors, including fintech, virtual assets, stablecoins, and green finance. This week, efforts will be made to seek support from the Legislative Council to establish a legal regulatory framework for stablecoins, as there is significant market demand in this area. Therefore, the next step must be to continue innovating and expanding into new markets.
Qatar plans to tokenize real estate
According to Cointelegraph, the Qatar Financial Centre plans to tokenize real estate, with the first project being high-rise buildings valued at over $500 million. They are also exploring fund tokenization and regulations related to digital assets. -Original text
Pakistan supports Bitcoin mining.
Pakistan has allocated 2,000 megawatts of installed capacity for the first phase of a nationwide plan to support Bitcoin mining and artificial intelligence data centers. The country is currently promoting the legalization of cryptocurrency and attracting foreign investment. The Ministry of Finance of Pakistan stated in a statement that this plan, led by the Pakistan Cryptocurrency Committee, will also help monetize excess energy and create high-tech jobs. The Ministry noted that coal-fired power projects currently operating at 15% capacity, such as Sahiwal, China Hub, and Port Qasim, are expected to be repurposed for this plan.
SUI token is scheduled to be unlocked next week.
Next week, a cryptocurrency project will unlock tokens, releasing a total value of approximately $160 million. On June 1st, SUI will unlock about 44.47 million coins ( worth approximately $160 million ), accounting for 0.445% of the total supply. -Original text
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AiCoin Daily Report (May 26)
Strategy founder Michael Saylor has once again released information regarding the Bitcoin Tracker. He stated, "I only use money that I can afford to lose to buy Bitcoin." According to previous patterns, Strategy always discloses information about increasing Bitcoin holdings the day after related news is released. -Original text
Odaily Planet Daily News Coindesk analyst Aoyon Ashraf stated that Bitcoin reached a historic high this week, mainly driven by institutions, while retail investors were almost "absent" from this round of rising market. A quick search using "Bitcoin" as a keyword on Google Trends reveals that the kind of search frenzy seen during the 2021 bull market is completely absent now. Although there was a brief surge of retail enthusiasm during the U.S. presidential election, a rapid wave of Meme coins briefly ignited market sentiment at that time. However, that wave of enthusiasm has long since faded. Despite Bitcoin breaking through $111,000 to set a new historical high this week, the prices of Meme coins have quickly fallen, leading to a cooling of retail enthusiasm. Even though Bitcoin has set a historic high, traders remain cautious, as seen from the lower funding rates and increased short positions. The current market sentiment shows a trend towards more sustainable trading behavior, which may pave the way for long-term gains.
Web3 solutions and cybersecurity company SecureTech has released an update on its strategic plan for 2025, disclosing that the company expects to achieve revenue of $10 million in the 2025 fiscal year. Additionally, it will establish a Bitcoin treasury reserve program, including digital asset acquisitions and Web3 innovation strategies, as well as continuously assess acquisition and investment opportunities in the blockchain and fintech sectors. -Original text
The cumulative net inflow of the US Bitcoin spot ETF was $44.499 billion, continuing to hit a record high. -original
According to a press release from the Hong Kong Special Administrative Region Government, the Secretary for Financial Services and the Treasury, Hui Ching-yu, stated that Hong Kong is currently developing the virtual asset market while simultaneously developing the gold commodities market. Hong Kong will create new financial sectors, including fintech, virtual assets, stablecoins, and green finance. This week, efforts will be made to seek support from the Legislative Council to establish a legal regulatory framework for stablecoins, as there is significant market demand in this area. Therefore, the next step must be to continue innovating and expanding into new markets.
According to Cointelegraph, the Qatar Financial Centre plans to tokenize real estate, with the first project being high-rise buildings valued at over $500 million. They are also exploring fund tokenization and regulations related to digital assets. -Original text
Pakistan has allocated 2,000 megawatts of installed capacity for the first phase of a nationwide plan to support Bitcoin mining and artificial intelligence data centers. The country is currently promoting the legalization of cryptocurrency and attracting foreign investment. The Ministry of Finance of Pakistan stated in a statement that this plan, led by the Pakistan Cryptocurrency Committee, will also help monetize excess energy and create high-tech jobs. The Ministry noted that coal-fired power projects currently operating at 15% capacity, such as Sahiwal, China Hub, and Port Qasim, are expected to be repurposed for this plan.
Next week, a cryptocurrency project will unlock tokens, releasing a total value of approximately $160 million. On June 1st, SUI will unlock about 44.47 million coins ( worth approximately $160 million ), accounting for 0.445% of the total supply. -Original text
The above is a selection of hot topics from the past 24 hours. For faster news, please download AiCoin ()