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No results1Bitget Daily Digest (May 14) Trump Once Again Bullish on U.S. Stocks, Calls on Powell to Cut Rates; U.S. SEC Seeks Public Comments on BlackRock Bitcoin ETF In-Kind Redemption2Ethereum Eyes $3,000, But ETH Price Shows Key Resistance Ahead3Launch Coin (LAUNCHCOIN) Dominates Internet Capital Markets with Significant Price Surge and Increased Market Activity
Flash
- 09:11USDC Treasury burns 60 million USDC on Ethereum blockchainAccording to Whale Alert monitoring, the USDC Treasury destroyed 60 million USDC (approximately 59.99 million USD) on the Ethereum blockchain at 16:45 (UTC+8).
- 09:11Financial Times Releases Documentary on Michael Saylor and MicroStrategy, Exploring Their $40 Billion Bitcoin Investment StrategyOn May 14, it was reported that the Financial Times released a documentary about Michael Saylor and his company MicroStrategy, exploring their $40 billion Bitcoin investment strategy. Under the leadership of founder Michael Saylor, MicroStrategy has transformed itself from a software company into a Bitcoin investment vehicle, currently holding Bitcoin worth approximately $50 billion. The film points out that MicroStrategy raised funds by selling stocks and issuing convertible bonds to purchase large amounts of Bitcoin, a strategy referred to as the "infinite money loophole." However, the sustainability of this highly leveraged investment strategy depends on the continuous rise in Bitcoin prices. The film also mentions that although MicroStrategy's stock has surged due to the rise in Bitcoin, its financial stability still faces challenges.
- 09:11ETH falls below $2600, daily increase of 1.06%Market data shows that ETH has fallen below $2600, currently reported at $2592.82, with a daily increase of 1.06%.