⚠️ Schiff Raises Pressure on Bitcoin
Peter Schiff targeted MicroStrategy and again questioned its Bitcoin-linked model.
📰 Full article:
https://t.co/8upEGfwSfA
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The Morning Minute (5.7)
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⏰Top News:
-Crypto majors fall 2-4% despite falling oil, stocks green; BTC -2% at $80.7k
-TON and VVV continue to outperform, ZEC cools off
-Morgan Stanley launches crypto trading on ETrade, undercuts on fees
-CME to launch 24/7 trading for crypto futures and options on May 29
-New quantum report warns Q-day could come as soon as 2030
-White House sets July 4 for Clarity Act passage
🌎 Macro Crypto and Markets
-Crypto majors are red down 2-4%; BTC -2% at $80.7k; ETH -4% at $2,320; SOL -1% at $87; HYPE -4% at $42.5
-VVV (+19%), TON (+16%), Virtual (+8%) and ICP (+6%) led top movers
-Oil -1% at $92; Gold +1% at $4,735
-Stock futures are flat premarket
-The CME Group will offer crypto futures and options around the clock starting May 29, extending its digital asset derivatives trading to a 24/7 schedule for the first time
-A new quantum report from Project Eleven warned that Q-day is likely by 2033 and possibly as early as 2030
-OKX announced perpetual futures tied to OpenAI, SpaceX, and Anthropic valuations, with synthetic price exposure with no equity rights or issuer approval
-Bermuda Premier David Burt announced another USDC airdrop to residents tied to next week’s Bermuda Digital Finance Forum
-ICE, OKX, and Securitize executives warned at Consensus Miami that offshore synthetic tokenized stocks use public company names without issuer approval and don’t represent real equity
-Tokenized US treasuries on Ethereum have doubled over the past 6 months, now at $8B
Corporate Treasuries & ETFs
-The Bitcoin ETFs saw $46M in net inflows on Wednesday, now on a 5-day inflow streak; the ETH ETFs saw $11.5M in inflows
-Grayscale completed Q1 rebalancing on its DeFi and Smart Contract funds, swapping out Aero for Ethena, with current holdings now UNI, AAVE, ONDO, ENA, CRV, and LDO
Meme Coin Tracker
-Meme leaders were red; DOGE -4%, SHIB -3%, PEPE -2%, PENGU -7%, TRUMP -3%, BONK -2%, SPX -1%, FARTCOIN +2.5%
-USDUC (+300%), Hanta (+750%), Tokabu (+33%) and 67 (+50%) led notable movers
💰 Token, Airdrop & Protocol Tracker
-OpenTrade raised $17 million led by Mercury Fund and Notion Capital with a16z Crypto participating; the London-based platform lets fintechs plug institutional stablecoin yield into their products without building their own custody infrastructure
-Hyperliquid traders have record net long exposure for 2026, growing steadily over the past 2 months
🚚 What is happening in NFTs?
-NFT leaders are slightly red on the day; Punks even at 31 ETH, BAYC -1% at 9.85 ETH, Pudgy -1% at 5.28 ETH; Hypurr’s -1% at 340 HYPE
-Slonks (+750%), Normies (+17%) and Rilato (+94%) led notable movers; Gift of Time up 15%
-Sam Spratt’s Masks of Luci jumped to an 8 ETH floor, up 40% on the week
How Many Bitcoins Are There?
How Much Is Bitcoin Today?
What Is Bitcoin Mining?
Bitcoin (BTC) is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.
