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Today’s Top Crypto News – Friday, 5/20/22

•Biden Administration Wants Crypto Exchanges to Separate Customer and Corporate Funds – CoinDesk “Federal officials saw Coinbase’s admission about customers’ vulnerability in a bankruptcy and will call for congressional action to segregate clients’ funds, source says.” •MicroStrategy Stock Rallies 10% As CEO Saylor Predicts Bitcoin Will ‘Go Into The Millions’ – Bitcoinist “Saylor is evidently […]

By Matt Montemayor · May 20, 2022
Today’s Top Crypto News – Friday, 5/20/22

•Biden Administration Wants Crypto Exchanges to Separate Customer and Corporate Funds – CoinDesk

“Federal officials saw Coinbase’s admission about customers’ vulnerability in a bankruptcy and will call for congressional action to segregate clients’ funds, source says.”

•MicroStrategy Stock Rallies 10% As CEO Saylor Predicts Bitcoin Will ‘Go Into The Millions’ – Bitcoinist

“Saylor is evidently still optimistic about bitcoin despite the recent market decline. Since March 29, the business intelligence and cloud services company has held 129,218 BTC though it has been trading in a sharp downturn.”

•Weaker dollar lifts Bitcoin to $30.7K as analyst eyes 60% BTC dominance – CoinTelegraph

“Macro conditions flip to reduce pressure on risk assets, as one view gives Bitcoin bears $14,000 capitulation “hopium.””

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