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Trump-owned Truth Social denies it is launching a memecoin

Truth Social, the social media network owned by Trump Media, has denied it is launching a memecoin following circulating rumors on social media.
“Contrary to rumors, Truth Social is not launching a memecoin,” the official Truth Social account posted on its platform. The social media platform is own
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SEC hacker once Googled ‘if I am being investigated by the FBI’

Eric Council Jr., the SIM swap hacker who helped compromise the Securities and Exchange Commission’s X account last year, made $50,000 performing similar attacks and even searched how to tell if the FBI is investigating him, recent filings show.
The recent filing was part of the prosecutor’s
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Hodl my beer: Businesses are the biggest Bitcoin buyers this year

Corporations and businesses are the largest net buyers of Bitcoin so far this year, outpacing exchange-traded funds and retail investors, according to new research
Firms such as Michael Saylor’s Strategy have bought more Bitcoin (BTC) this year than any other category of investor, with overall cor
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Dogecoin traders predict 180% DOGE price rally if Bitcoin gains continue

Key Takeaways:
Dogecoin's 38% surge reflects strong market demand, with spot-buyer volumes taking charge since March.
A bullish MACD crossover has traders predicting a 180% rally, with targets at $0.65 and $1.
Dogecoin's (DOGE) price rallied in lockstep with Ethereum over the past 7 days,
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Top TRUMP whales hold $174M in tokens ahead of dinner with US president

The list of the top holders of US President Donald Trump’s memecoin has been finalized ahead of background checks to apply for a dinner and “VIP tour” with the president on May 22.
In a May 12 X post, the TRUMP memecoin project said it would stop considering additional purchases for a dinner with t
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Bitcoin profit taking at $106K the first stop before new all-time BTC price highs

Key Takeaways:
Bitcoin exhibits a bearish breakout from an ascending channel, with the risk of profit-taking near $106,000.
A lower-than-expected US Consumer Price Index (CPI) print could boost Bitcoin, but a higher CPI may increase bearish pressure, leading to a price drop below $100,000.
Bitco
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US Prosecutors recommend 2 years for SEC hacker

The US government has asked a federal judge to impose a two-year sentence for Eric Council Jr., the individual who helped post a fake message announcing the approval of Bitcoin exchange-traded funds through the Securities and Exchange Commission’s (SEC’s) X account.
In a May 12 filing in the US
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NYC Mayor doubles down on crypto push ahead of city summit

New York City Mayor Eric Adams announced partnerships between the city and financial firms as part of his crypto plans.
In a May 12 press conference at Gracie Mansion, the the city’s official mayoral residence, Adams said June Ou, founder of financial services company Figure, and Richie Hecker,
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Bitcoin all-time high cues come as US-China deal sends DXY to 1-month high

Key points:
Bitcoin seeks consolidation after rapid gains as stocks and the US dollar surge on US-China trade deal news.
Nearby order book liquidity forms potential targets for traders, which now include $102,000.
A classic moving average retest suggests that a new all-time high should
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Local exchange shapes the experience at Token 2049: Event recap

Blockchain
UAE
Business
Conference
Dubai
Web3
Token2049
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US real estate manager launches $100M tokenized fund with institutional backing

Patel Real Estate Holdings (PREH) has launched a $100 million tokenization fund on the Chintai blockchain, aiming to give accredited investors access to institutional-grade real estate opportunities.
The new PREH Multifamily Fund is a tokenized investment vehicle focused on vintage Class A
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