🔥🔥🔥 Market Brief Saturday - 17/05

+ US stocks fell slightly, BTC returned to the $103K mark, BTC.D continued its upward trend approaching 64%

+ Russia is satisfied with negotiations in Istanbul, while Ukraine is disappointed due to a lack of progress

📝 Spot ETF on 16/05
+ BTC up +$260.5M, BlackRock bought +$130M, Fidelity, Ark, and Grayscale Mini bought in
+ ETH is up +$22.2M, Fidelity and Grayscale Mini bought in, BlackRock has no data yet

+ France tightens strict security for crypto founders and their families after a series of kidnappings

+ Nasdaq-listed health company, Basel Medical, is negotiating to buy $1B in Bitcoin through stock swaps, expected to finalize in this quarter

+ Fifth Third Bank is considering expanding its crypto segment, using stablecoins for international remittances and supporting crypto payments

+ DeFi Development partners with BONK to operate a validator, integrating BONKSOL and raising total holdings to 609K SOL ~$107M

+ Binance and Kraken were attacked similarly to Coinbase targeting user data, but timely prevented thanks to AI systems

+ Elon Musk renamed his X account to “Kekius Maximus,” causing tokens with the same name to surge

+ Eric Council Jr. was sentenced to 14 months in prison and fined $50K for hacking the SEC's X account, posting fake news about BTC ETF approval

+ Crypto investment fund, Galaxy Digital, officially goes public on Nasdaq today under the ticker GLXY; the stock rose 14% at one point before reversing.