Tue , 5/12/2023 News Round Up

Bloomberg says this is the start of a fresh crypto supercycle that will push #Bitcoin above $500,000.

Crypto.com Obtains Electronic Money Institution License from UK Financial Regulator!

#Tether holdings of BTC currently have a profit of $1.1 billion (+85%).

Tether currently holds a total of 57,576 BTC ($2.4B), with a cost of $22,480 per #bitcoin.

🇺🇸 Bitwise filed another amendment to its spot #Bitcoin   ETF application with the SEC.

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🇺🇸 BlackRock filed an updated version of its spot #bitcoin. ETF application with the SEC.

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🇧🇷 Brazil's largest bank, Itau Unibanco, launches cryptocurrency trading services.

Bitwise and BlackRock have updated their applications for the spot BTC-ETF.

Max Keiser Sparks Rumors of Qatar’s Sovereign Fund Eyeing $500 Billion in #bitcoin.

FTX/Alameda wallet withdrew 1.5 million $SOL (~$90 million) from staking and  transferred it to Coinbase

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#MU_Trader #MU_Traders